Project Accountant

The Senior Development & Construction (DC) Accountant will be responsible for all accounting duties for their project portfolio. The position will be part of a regionally focused accounting team, collaborating to achieve department and company-wide goals. The Senior DC Accountant has the ability to work both independently and in a team setting.

JOB DESCRIPTION

Essential Responsibilities:

• Financial Accounting – Applies generally accepted accounting principles (GAAP) to compile and analyze financial information into various financial statements and accounting reports. Makes appropriate journal entries in the general ledger by checking calculations, reviewing basis for figures, and balancing and reconciling figures.
• Cost Accounting & Budget Management – Maintains development and construction budgets for all aspects of the project life cycle. Completes various forecasting and analysis to ensure accuracy and completeness of job cost reports. Assists development and construction directors to effectively manage project budgets.
• Project Abstracts – Develops a general understanding of the underlying agreements and investment materials for assigned projects. Works to become familiar with the specific sections that are relevant to better understand the overall structure, including commitments, cost classifications, JV and lender requirements, and project fees.
• Customer Relationships – Establishes and maintains professional communication with all internal and external project stakeholders. Ensures customer satisfaction by responding to various requests from external investors, lenders, and others related to financial reports, project and construction draws.
• Cash Management – Accurately and timely manages all assigned cash accounts. Performs monthly bank reconciliations, wire transfers, deposits, and other payment processes to ensure vendors are paid in a timely manner. Effectively works with development and construction teams to accurately forecast cash needs.
• Collaboration – Establishes and maintains professional communication with all internal and external project stakeholders. Develops good working relationships with other departments including but not limited to; Accounts Payable, Finance, Asset Management, Property Management, Development and Construction.
• Annual Audits – Acts as liaison to internal and external auditors by explaining journal entries and financial transactions. Provides research data and information as requested and answering questions necessary to complete the audit in a timely manner.

Other Responsibilities:

• Completes various human resources, financial, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.

Qualifications:

• College degree in accounting, business, finance, or related field, and/or equivalent experience is highly preferred.
• 4-6 years of relevant experience including general ledger, financial prep, and cash management.
• Demonstrated leadership, supervisory and training skills sufficient to lead, direct, evaluate and mentor subordinate team members and/or peers.
• Strong organizational, time-management and project management skills in order to effectively track, report and manage multiple projects and priorities where meeting deadlines is critical.
• Demonstrated ability to communicate effectively and work in a team environment with a wide variety of people, including business leaders.
• Critical thinker and self-starter capable of accomplishing a task with limited guidance and supervision.
• Capable of problem solving and using innovative solutions in order to add the most value possible to the deal, submission, and overall team.

Organizational Responsibilities:

• Follows established policies and procedures by monitoring and ensuring compliance with regulatory requirements, organizational standards, and operational processes related to area(s) of responsibility and reporting violations or infractions to appropriate individual(s).
• Practices proper safety techniques in accordance with Company, property, and departmental policies, procedures, and standards by immediately reporting any mechanical or electrical equipment malfunctions, employee/visitor/resident injuries or accidents, or other safety issues to appropriate individual(s).
• Identifies areas for improvement and offers suggestions to improve efficiency and productivity.
• Keeps abreast of current changes in technology, processes, and standards within the industry and area(s) of responsibility by attending internal and external training classes, research and/or subscribing to the internet or other professional publications, or utilizing other appropriate method(s) to obtain business and professional information, and applies knowledge and practices to area(s) of responsibility.

Working Conditions:

• Incumbents work in an office environment and/or from a remote work location.

Physical Demands:

• Incumbents must be able to view computer screens and other electronic equipment, paper reports, and journals for extended periods of time where visual strain may result.
• Incumbents must be able to push, pull, lift, carry, or maneuver weights of up to ten (10) pounds independently and twenty-five (25) pounds with assistance.
• Rare or occasional travel may be required to attend business meetings, training programs, or other situations necessary for the accomplishment of some or all of the daily responsibilities of this position.

Required Licenses or Certifications:

• None.

Knowledge, Skills, Abilities:

• Demonstrated ability to read, write, and communicate effectively to prepare and explain financial data to business leaders, managers, other team members, clients, and internal and external auditors.
• Demonstrated proficiency in word processing, spreadsheet, accounting software (Oracle, Yardi, Inspyrus, and/or Textura), and database management programs in order to complete required reports.
• Demonstrated mathematical skills necessary to add, subtract, multiply, and divide numbers, decimals, and fractions, and calculate percentages in order to complete financial records, budgets, and other fiscal reporting information.
• Employment history that demonstrates the application and usage of an accounting and financial background sufficient to analyze financial data and prepare financial reports in accordance with accounting, finance, budgeting, and cost control principles.
• A combination of education, training, and experience that demonstrates the application and usage of generally accepted accounting principles (GAAP).

Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their base salary. Once eligible, team members may participate in the 401k plan. Regular, full-time team members are also offered a range of medical, financial, and/or other benefits from which to choose.

Greystar will consider for employment qualified applicants with arrest and conviction records.