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Construction and Development Accountant

Elevation Property Management LLC

Construction and Development Accountant

Winter Park, FL
Full Time
Paid
  • Responsibilities

    Construction and Development Accountant

    The ideal candidate thrives in a fast-paced entrepreneurial environment and enjoys a variety of responsibilities. This position offers the opportunity to participate in the multifamily housing industry, and to contribute to the development and maintenance of construction accounting processes, planning, and budgeting systems, and the production of periodic reporting and required legal/lender filings.

    It is important for this individual to have the highest ethical standards and to fit into a company culture of integrity, humility, honesty, and transparency. This individual should be able to work independently and engage in a collaborative team environment that values continuous learning.

    Why join Elevation Property Management?

    We envision a world where anyone, anywhere, can transform their lives by accessing safe, clean, and affordable multifamily and senior housing. Our culture is defined by our mission and guided by our sustainable values. Our people shape the uniqueness of our culture, so we look to invest in top talent in effort to sustain our high performing culture to continue elevating people, properties, and communities. If you are looking to transform the lives of people and communities, we want you to join our team.

    Job Summary

    The Construction and Development Accountant is responsible for all construction project’s accounting functions for the company, including but not limited to processing invoices, cutting checks, reconciling vendor statements, review construction contracts, administrative management of lien waivers and insurance contracts, overall budget tracker for project throughout completion. Generally, support the Construction department through accurate and timely financial statements. As part of Elevation Property Management, LLC, this position represents our organizational goals, strategy, and values to our vendors, residents and property teams.

    Job Responsibilities: Please see changes to job description to match up.

    • Performs general accounting and administrative functions to meet contractual requirements for operational and basic accounting

    • Assembles billings packages and bank draw requests in accordance with contract terms and conditions and ensures timely payment

    • Forecast cash flow based on upcoming projects, expenditures, investments.

    • Maintain detailed construction budget to actual reports.

    • Help with implementation of improved department and company processes

    • Protect organization’s value by keeping information confidential

    • Work with Fund accounting department and Property Management accounting department.

    • Analyze and manage for work in progress (WIP) reporting and closing processes

    • Provides project teams with ad hoc reports and analysis as the need arises

    • Review of AIA documents

    • Analyze projects to improve cost management and increase profits

    • Maintain strong relationships with subcontractors, vendors and suppliers

    • Ensure that all required documentation, including insurance, bonding, SDI, workers compensation, notices to owners, statutory declarations, and lien waivers is in place

    • Maintain insurance requirements in compliance with Florida lien statutes

    • Assist with managing cash flow to ensure appropriate working capital is available for basic outflows.

    • Assist in setting up and maintaining the project accounting files.

    Knowledge, Skills, & Abilities:

    • Must be kind, service oriented, discipline, and a leader
    • Great attention to detail.
    • Should be honest, respectful, and trustworthy.
    • Should be flexible and possess cultural awareness.
    • Must be self-motivated, flexible and a team player
    • Demonstrated ability to read, write, and communicate effectively to comprehend and complete legal documents.
    • Demonstrated mathematical skills necessary to add, subtract, multiply, and divide numbers, decimals, and fractions.
    • Innovative and solutions-oriented thinker with great organizational skills

    Education and Qualifications:

    • Bachelor's Degree and a minimum of three years of professional work experience
    • 3 years of accounting experience in construction
    • Intermediate understanding of lien rights
    • Basic exposure to bid and contract securities and insurance as they relate to risk management, claims management, pricing, and accounting
    • Basic understanding of subcontract PO terms including insurance and subcontractor default insurance (SDI) and bonding requirements
    • Exposure to owner contracts as they relate to payment terms, billing requirements
    • Exceptional knowledge of accounting, budgeting, and GAAP
    • A team player and able to influence, train, and mentor staff to achieve objectives
    • Excellent communication and interpersonal skills
    • Skilled in time management and the ability to prioritize tasks
    • Strong analytical and problem-solving skills
    • Solid understanding of Microsoft Office Suite

    Company Benefits

    • Generous Bonus Program
    • 11 Paid Holidays
    • 15 Personal Days
    • National Healthcare, Dental, and Vision plans
    • Company Provided Life Insurance plan, Short Term and Long-Term Disability
    • 401(k) plan

    EEO Statement:

    Elevation Property Management is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. Elevation Property Management is an equal opportunity employer and, as such, openly support and fully commit to recruitment, selection, placement, promotion, and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state, or local laws.