Construction Accountant (US accounting experience and CPA, real estate industry) - Manila
Doxa Talent Manila Full-time
ROLE SUMMARY
Our client is looking for a Construction Accountant to join their growing team. This position will be responsible for the day-to-day accounting of construction projects and other accounting duties as assigned to support our development, asset management, and hospitality departments.He/she will be an invaluable part of their team and will have a significant opportunity for mentorship and professional development. This position reports to the Controller.
WORK SCHEDULE: 8:00 AM – 5:00 PM Pacific Daylight Time (11:00 PM – 8:00 AM Philippine Standard Time), follows Philippine holidays
POSITION TYPE: Full TimeWORK ARRANGEMENT: Remote
ESSENTIAL FUNCTIONS:
- Manage bank draws, pay apps, and lien waivers
- Partner with development and asset management teams to track budgets and support forecasting
- Report to the Controller and handles special projects related to real estate development activity
- Prepare, review, and submit bank construction draws to various lenders and institutional partners
- Review and report accurately on all construction pay applications, including the thorough analysis and monitoring of change orders and lien releases
- Monitor the overall integrity of project budgets and forecasts in accordance with standard practices
- Review and analyze budgets and expenditures against projects based on various funding sources
- Communicate and collaborate effectively with the development and asset management teams on budget concerns and overages to ensure projects are proceeding as scheduled and to maintain project controls
- Oversee the review, approval, and processes of monthly payment applications (contractor and consultant) by liaising with the appropriate internal and external parties
- Prepare account reconciliations and perform data analysis for accurate reporting as needed
- Maintain constant and open communication with the acquisition, development, and asset management teams throughout the projects
- Assist the Controller in developing accounting processes, policies, and procedures
- Handle special projects as assigned by the Controller and/or Executive Team
QUALIFICATIONS:
- Bachelor’s degree in accounting, finance, or commensurate relevant work experience
- Certified Public Accountant (CPA) certification is not required, but will be helpful
- 5+ years of accounting experience
- Real estate development or acquisition experience is ideal
- Development, property management, and/or construction accounting experience
- Direct experience processing loan draws in a real estate or construction setting is vital
- Strong technical and practical understanding of GAAP
- Understanding of commercial real estate finance, accounting, and property operations
- Experience with bookkeeping, financial reporting, and analysis
- Experience with Yardi and Rabit
- Proficient in Microsoft Excel and other MS Office programs
- Excellent attention to detail and numbers
- Ability to perform multiple tasks concurrently and respond to emergent situations effectively
- Ability to understand joint venture agreements and underlining loan documents
- Thrives and enjoys working in a hands-on, collaborative environment
- Very organized, prioritizes well, thinks logically, and utilizes critical thinking skills
- Proven leadership skills with a healthy work ethic and inquisitive mind
- Team player with a strong sense of personal accountability, responsibility, and integrity
- Comfortable handling activity for many entities
- Ability to meet time-sensitive deadlines while demonstrating continuous effort to improve operations, decrease turnaround times, streamline processes, and work cooperatively to provide superior results
- Demonstrated success working in a very dynamic, fast-paced, growing environment
- Quick thinker and ability to read, analyze, and interpret complex business agreements
- Strong verbal and written communication skills
- A self-starter with the ability to identify areas of need and the drive to take initiative
- Ability to work independently with little or no supervision and willingness to roll up sleeves
- Attractive compensation
- Assured allowances
- Leave credits
- Overtime Pay
- Night differential benefits
- Comprehensive health and life insurance upon hiring, covering one free dependent
- Special anniversary incentives
- 13th-month salary bonus
- We provide the necessary equipment!
- Full Time
- Permanent WFH set-up
- Job Type: Full-time
Manila
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