Project Accountant

• Job Title: Project Accountant
• Department: Accounting and Finance
• Reports To: Finance Operations Manager
• Wage Category: Exempt

The Team You Will Join:

Every successful project starts with a solid foundation. As such, Lifestyle Communities' (LC) Construction team operates at the forefront of our commitment to creating participation-driven communities. You'll join a talented team responsible for urban and suburban product types and quality offerings, including commercial, social, and residential spaces.

Who You Are:

Under the general direction of the Finance Operations Manager, the Project Accountant ensures that all assigned project reporting and analysis related to One LC, Inc is accurate and timely. Additionally, the Project Accountant must ensure that all activities are closely coordinated with key partners to include field operations associates, finance and accounting management. This includes active communication with accounts payable, accounts receivable and billing, asset accounting, payroll, and treasury functions.

The Difference You Will Make:

• Primary liaison between construction finance & assigned team/projects.
• Review prime contracts and subcontracts, understanding contractual terms as it relates to project accounting
• Set up original budget in Viewpoint and Procore systems. Maintain both systems current with the approved budget.
• Process new vendor requests with AP Coordinator (Incl. W9 collection & credit check when necessary)
• Review all A/P invoices for correct calculations including sales tax. Ensure proper job cost coding is provided. Assist Accounts Payable with timely approvals from project teams. Follow up with vendors to ensure timely invoices are provided to Accounts Payable.
• Review and ensure proper coding of all subcontracts, purchase orders, change orders and other commitments. Noting variances to budget within the Procore workflow
• Analyze Viewpoint job cost reports and audit job cost transactions for accuracy.
• Monitor subcontractor insurance requirements
• Manage Procore Invoicing/Pay for assigned projects. Responsible for initiating, monitoring of monthly owner draw. Preparation & submission of monthly general contractor pay request submissions for assigned project(s). Verify draw package meets contract compliance (i.e., lien waivers, etc.)
• Assist project team with preparation for monthly project reviews by updating monthly project financial pack with actual cost for general conditions, general requirements and WIP. Work with the Project Manager on updating project forecast. Attend and participate in reviews.
• Achieve month end submission / cutoff deadlines.
• Ensure Timely disbursement of owner Payment to subcontractors, in accordance with contract terms
• Update general conditions worksheet with actual cost. Work with Construction Manager on updating general conditions cost forecast monthly
• Support and facilitate the project closeout process of all purchase orders, subcontracts and vendors
• Ad Hoc Project Reporting as requested and additional duties as assigned

What You'll Bring:

• Alignment with our Core Values: Performance, Communication, Leadership, Quality, Teamwork.
• Demonstrated analytical and accounting skills, and strong Microsoft Excel skills.
• Strong organizational skills, detail orientation, and ability to manage multiple projects simultaneously.
• The ability to identify and resolve problems effectively.
• Exercising independent judgment and discretion.
• The ability to maintain honesty and integrity at all times.
• The ability to present written communication in a clear and informative manner and have strong communication skills.
• Knowledge or the ability to acquire knowledge of applicable accounting software programs.
• Real Estate/Construction Accounting experience is a must.
• Knowledge of Procore, and Viewpoint a plus
• Good understanding of construction contracts
• Good understanding of internal and project controls, process & procedures
• Ability to perform work accurately and completely with attention to detail and in a timely manner
• Ability to build relationships and collaborate within a team, internally and externally
• Ability to follow up on inquiries in a timely manner

Minimum Qualifications:

• Bachelor's degree in finance or accounting or related business discipline required
• Minimum 2 years for PA
• Viewpoint and Procore software experience is preferred

Physical Demands and Work Environment

The physical demands and work environment described herein are representative of the criteria that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to individuals with disabilities to perform these functions in accordance with applicable law.

Physical Demands: While performing the duties of this job, the employee is required to primarily sit; stand; walk; handle or feel objects, reach with hands and arms; talk and hear. Specific vision abilities required by the job include close vision, distance vision, and the ability to focus.

Work Environment: This position will be based out of our Nashville, TN office. While performing the duties of this job, the employee is exposed to an office environment with some travel to community locations.

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