Westminster · 10 hours ago
Project Accountant
Florham Park, NJ
Full-time
Onsite
Entry, Mid Level
2+ years expWestminster is a company focused on creating long-term value in strategically focused markets and is seeking a Project Accountant. This role is responsible for performing accounting duties for multiple development projects, ensuring accuracy in financial reporting and compliance with fiscal policies.
Property ManagementReal EstateReal Estate Investment
Responsibilities
Prepare and complete weekly bank reconciliations for project accounts, ensuring accuracy and prompt resolution of variances
Review of proper coding and input of accounts payable at the properties, ensuring that fiscal policies are followed. Be familiar with the accounts utilized to provide an adequate basis for reviewing the coding of invoices and bring any deficiencies to the attention of the appropriate personnel
Prepare an accounts payable listing at closing each month, check agreement to the accounts payable account on the trial balance and then provide a copy to the appropriate staff accountant for inclusion in the monthly entity files
Provide the necessary data to the Controller regarding invoices being processed and checks written for them to maintain proper cash control
Handle other A/P related administrative responsibilities as assigned on the team
Work closely with the construction administration and supervision personnel to ensure that the construction budget and actual expenditures information in the system and on the progress billings is accurate and up to date
Work closely with the construction administration and supervision personnel in co-ordination with third party entities to insure the efficient and timely handling of progress payments to sub-contractors and other vendors. May directly be in contact with contractors for required data
Prepare summary draw schedules, and assembly of the draw package for review by management. Also, reconciliation of entries and schedules for audit and reporting purposes. Ensure all required documents have been gathered by all consultants, subcontractors, etc. prior to bank or other submission
Ensure accuracy of Job Cost Reports including ACR and Contract Detail Report
Reconcile the draw requests to GL including Project Costs to date on a monthly basis
Review Contracts and Change Orders; enter in Job Cost System
Prepare and obtain all lien waivers
Monitoring of construction expenditures compared to budget
Special projects and analysis as required
Qualification
Required
Requires Bachelor's degree in accounting
Requires 2 years of experience in project accounting, preferably commercial real estate development
Requires advance skillset in Excel
Requires strong conceptual and analytical skills
Preferred
Yardi Construction software experience preferred
Company
Westminster
Westminster is a real estate company that offers ownership, management, development, and redevelopment of properties.
201-500 employees
H1B Sponsorship
Westminster has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
Funding
Current Stage
Growth StageLeadership Team
Sara Shmia
Sr. Human Resources Business Partner
Recent News
Business Journal Daily | The Youngstown Publishing Company
2024-04-20
Denver Business Journal
2023-11-18
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