Our client in Oak Brook is looking for a Construction/Project Accountant who will manage the accounting aspects of construction projects, focusing on recording draw requests, reviewing and classifying vendor payments, and monitoring cash flow requirements on a project-by-project basis.
**Experience with Yardi and some Construction accounting is Required**
Recording Draw Requests:
- Accurately record draw requests in the financial system, ensuring they are correctly reflected in project accounts.
- Liaise with project managers and accounting teams to ensure documentation for draw requests is complete and compliant with organizational policies.
Vendor Payment Recording & Classification:
- Record and classify vendor payments, ensuring accuracy and adherence to the construction budget.
- Properly code expenses to appropriate construction project accounts in Yardi.
Cash Flow Monitoring:
- Track cash flow requirements and actual expenditures for each construction project.
- Monitor project budgets to ensure alignment with expected cash flow and identify any potential shortfalls or discrepancies.
Reconciliation & Reporting:
- Reconcile project accounts regularly to ensure accurate financial records.
- Provide monthly financial reports detailing project performance, including budget vs. actuals and cash flow summaries.
Collaboration & Communication:
- Work closely with property accountants, construction managers, and development teams to facilitate smooth financial operations.
- Act as a key financial contact for active construction projects, ensuring timely and accurate financial updates to internal stakeholders.
Qualifications:
- 3-5 years of experience in construction accounting.
- Proficiency in Yardi, with hands-on experience in managing construction-related accounts.
- Strong knowledge of general accounting principles, particularly in construction accounting and financial management.
- Ability to manage multiple construction projects simultaneously and prioritize tasks effectively.
Salary Range: 90K-100K, DOE and Onsite
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