Senior CRE Accountant

Job Description

Candidates must be local or be willing to relocate to Charlottesville, VA.

Company Overview:

GW Real Estate Partners is a multifamily development firm focused on building apartment communities in high-growth markets throughout the United States. We combine a strategic market approach, an entrepreneurial attitude and a commitment to creating great communities to optimize value for both our investors and residents. Our principles represent over 12,000+ units and $2.5+ billion in lead acquisition and development experience. GW Real Estate Partners is a lean, entrepreneurial firm focused on growing its development pipeline.

Job Description:

Senior Project Accountant is responsible for all aspects of Accounting and Reporting as it relates to development and construction projects.  Responsible for job cost tracking, balance sheet reconciliations, research, and communication with project managers on project status and payment approvals. Reporting to Head of Construction 

Essential Duties:

• Reconcile projects costs to the general ledger.

• Work with project managers or internal and external general contractors to obtain information to book monthly draw accruals.

• Provide reporting with capital forecast requirements and pre-development schedules.

• Able to read and interpret development and operating agreements to make sure we are in compliance with requirements.

• Maintain the joint venture waterfall schedules making sure the calculations adhere to the specific project agreement.

• Implement an accounting system of controls and financial reporting for development and construction projects.

• Responsible for the processing, reviewing, coding, tracking and general ledger posting of construction draws for multiple projects.

• Create and maintain the project budget in the accounting system making sure the approved budget is entered.  

• Work with project managers on variances from approved project budgets.

• Update construction draw schedules.

• Process project change orders and budget revisions.

• Work with partners and property/asset managers as the project nears completion to develop an operating budget.

• Verify, review and analyze property general ledgers on both cash and accrual basis ensuring accuracy and adherence to established accounting policies and procedures.  Responsible for general and advanced accounting functions and for meeting calendar deadlines.

• Interact with internal and external customers, asset managers, property managers and all necessary departments to ensure prompt resolution of issues and achieve maximum efficiency of operations.

• Assist with special projects and other related duties as assigned.

Minimum Experience:

• Bachelor's Degree in Accounting or Finance.

• 7 - 10+ yrs. development, construction or fixed asset accounting experience; must be recent experience.

• Commercial Real Estate Development and Construction Project accounting experience.

• Experience with job cost accounting and budgeting.

Key Competencies:

• Advanced skills in Microsoft Office

• Knowledge of Oracle, Sage, Spectrum or comparable construction accounting software

• Self-starter, strong attention to detail and deadline oriented.

• Strong financial, analytical, and problem solving skills.

• Ability to handle multiple tasks; meet reporting deadlines; and possess strong interpersonal skills.
  
  

Candidates must be local or be willing to relocate to Charlottesville, VA.

Compensation to commensurate with experience. 

Please apply through SelectLeaders/Bisnow.  Do not contact employer directly.