Integra Investments
Project Accountant
Integra Investments, Miami, Florida, us, 33222
Job DescriptionPosition Summary
The
Project Accountant
plays a key role in tracking and reporting on the construction project’s financial performance. The ideal candidate has experience in accounting within the construction/real estate development industry as the primary responsibility is to support the project team with contract modifications, compliance, payments, reports, and any other duties related to their assigned construction projects.
A successful Project Accountant will be a strong problem-solver, adaptable in a growing and changing environment, a natural relationship builder, and have a self-starter mentality. The individual is a key member that will contribute to the overall success of the development projects.
Role & Responsibilities:
Payment Applications : Review GC Payment Applications and underlying subcontractor payment applications for execution and notarization, calculation accuracy, discrepancies in all subcontractor values including Net Due, Revised Contract, and Balance to Finish, conditional and unconditional waivers, and stored materials documentation.
Loan Draws:
Compile pay app, invoices, and any other lender required documents.
Submit timely loan draws by the 15th of each month, and take ownership of the entire loan draw process to ensure that vendors and GC are paid timely.
Liaise and build rapport with lender, resolving all issues and questions immediately.
Coordinate and make all payments once funded.
Bank Reconciliations : Perform month-end reconciliations for around 20 bank accounts. Perform interim reconciliations as necessary. Utilize foresight and experience to project low cash balances and advise the Project Management team of liquidity concerns.
Review and Submit Financials:
Ensure Sage 300 modules and GL balances are reconciled.
Review all balance sheet accounts and ensure subledgers reconcile.
Review and intimately understand numerous complex intercompany accounts.
Maintain schedules and control of prepaids, accruals, deferred revenue, developer fees, and deposits.
Monthly Meeting:
Prepare monthly update to company and owners.
Accounts Payable : Own the entire accounts payable process and related AP documents. Ensure AP Processor is timely routing invoices. Review in thorough detail all invoices for accuracy and coding. Ensure all payments (checks, wires, EFTs, etc.) are made or requested timely and recorded timely, following up with approvers as necessary. Coordinate weekly check signings with Principal. Reconcile complex, extensive vendor statements. Setup and ensure vendors are compliant with company standards (W9, insurance, waivers). Respond to all vendor inquiries professionally and timely.
Job Cost : Generate job cost reports for project managers as needed. Review all agreements and aggregate historical cost data to create granular cost estimates and reconcile existing commitments. Deliver financial guidance to department leaders using analysis of projections, existing commitments, overages, and cash flows.
Improvement & Training : Guide training of all departments in all processes and software to promote end-user adoption, compliance, and future scalability. Spearheaded design & implementation of new custom reports and ERP systems based on department feedback. Constantly nurture an intuitive and creative attitude towards evaluating new processes and tools to improve company productivity and efficiency. Present viable and value-adding projects to owners, Controller, and CFO.
Education/Experience:
Bachelor’s degree in accounting or finance
3 years in full accounting role, loan draws, reconciliation, and managing the entire accounting process in construction or real estate activities
Strong understanding of Generally Accepted Accounting Principles (GAAP) and financial reporting standards
Shown competencies in Microsoft Office with advanced Excel skills, Word, Outlook
Strong problem-solving, process-improvement, and decision-making skills
Ability to work independently with minimal supervision and in a team setting to tackle complex problems.
Sage experience a plus
Soft Skills /Professional Skills:
Ability to work in a fast-paced environment while adhering to strict deadlines.
Able to manage multiple projects and excellent prioritization and organizational skills
Self-Starter/startup experience preferred.
Composed and Steady
Enjoys challenges and working on multiple projects.
Curious/Problem Solver
Drive to constantly learn
Highly Detail Oriented
A work ethic for accuracy
Passion to be ahead of the curve
An instinct for organization
Excellent Communication
Strong interpersonal skills
Strong Analytical skills
Take pride in one's work
Physical /Work Environment:
Onsite (Monday-Friday)
Work is done in an office environment and is mostly sedentary.
Moderate noise level
Manual dexterity
Works in front of a computer/monitor for most of the working day
Minimal travel. May visit the marinas.
Downtown Miami- Monday – Friday 8:30 – 5:30, some work outside regular working hours
Company Description
About Us- IntegraFounded in 2006, Integra Investments’ creative approach to real estate, supported by our diverse team of best-in-class professionals with specialized expertise, has allowed Integra to successfully invest across several asset classes, including mixed-use, affordable housing, market-rate rentals, residential condos, offices, marinas, hotels, and retail. Today, Integra manages over $2.3B in capitalized assets across all asset classes.
Integra’s culture of transparency, creativity, and collaboration, coupled with its investment philosophy and proven track record, has provided Integra with the opportunity to serve as the trusted real estate investment partner for some of the most reputable institutional investors, individual investors, and family offices.
Our work environment is one of collaborative, professional, and winning attitude towards all that we do. We enjoy working together and we provide a great work environment that is fun and rewarding! Visit us at
https://www.integrafl.com
We offer:
Competitive Salary & Discretionary End of Year Bonus
Paid Time off & Holidays
Health, Dental & Vision Insurance
Life Insurance
401(k)
Growth and FUN!
Community outreach /Volunteer opportunities
#J-18808-Ljbffr
The
Project Accountant
plays a key role in tracking and reporting on the construction project’s financial performance. The ideal candidate has experience in accounting within the construction/real estate development industry as the primary responsibility is to support the project team with contract modifications, compliance, payments, reports, and any other duties related to their assigned construction projects.
A successful Project Accountant will be a strong problem-solver, adaptable in a growing and changing environment, a natural relationship builder, and have a self-starter mentality. The individual is a key member that will contribute to the overall success of the development projects.
Role & Responsibilities:
Payment Applications : Review GC Payment Applications and underlying subcontractor payment applications for execution and notarization, calculation accuracy, discrepancies in all subcontractor values including Net Due, Revised Contract, and Balance to Finish, conditional and unconditional waivers, and stored materials documentation.
Loan Draws:
Compile pay app, invoices, and any other lender required documents.
Submit timely loan draws by the 15th of each month, and take ownership of the entire loan draw process to ensure that vendors and GC are paid timely.
Liaise and build rapport with lender, resolving all issues and questions immediately.
Coordinate and make all payments once funded.
Bank Reconciliations : Perform month-end reconciliations for around 20 bank accounts. Perform interim reconciliations as necessary. Utilize foresight and experience to project low cash balances and advise the Project Management team of liquidity concerns.
Review and Submit Financials:
Ensure Sage 300 modules and GL balances are reconciled.
Review all balance sheet accounts and ensure subledgers reconcile.
Review and intimately understand numerous complex intercompany accounts.
Maintain schedules and control of prepaids, accruals, deferred revenue, developer fees, and deposits.
Monthly Meeting:
Prepare monthly update to company and owners.
Accounts Payable : Own the entire accounts payable process and related AP documents. Ensure AP Processor is timely routing invoices. Review in thorough detail all invoices for accuracy and coding. Ensure all payments (checks, wires, EFTs, etc.) are made or requested timely and recorded timely, following up with approvers as necessary. Coordinate weekly check signings with Principal. Reconcile complex, extensive vendor statements. Setup and ensure vendors are compliant with company standards (W9, insurance, waivers). Respond to all vendor inquiries professionally and timely.
Job Cost : Generate job cost reports for project managers as needed. Review all agreements and aggregate historical cost data to create granular cost estimates and reconcile existing commitments. Deliver financial guidance to department leaders using analysis of projections, existing commitments, overages, and cash flows.
Improvement & Training : Guide training of all departments in all processes and software to promote end-user adoption, compliance, and future scalability. Spearheaded design & implementation of new custom reports and ERP systems based on department feedback. Constantly nurture an intuitive and creative attitude towards evaluating new processes and tools to improve company productivity and efficiency. Present viable and value-adding projects to owners, Controller, and CFO.
Education/Experience:
Bachelor’s degree in accounting or finance
3 years in full accounting role, loan draws, reconciliation, and managing the entire accounting process in construction or real estate activities
Strong understanding of Generally Accepted Accounting Principles (GAAP) and financial reporting standards
Shown competencies in Microsoft Office with advanced Excel skills, Word, Outlook
Strong problem-solving, process-improvement, and decision-making skills
Ability to work independently with minimal supervision and in a team setting to tackle complex problems.
Sage experience a plus
Soft Skills /Professional Skills:
Ability to work in a fast-paced environment while adhering to strict deadlines.
Able to manage multiple projects and excellent prioritization and organizational skills
Self-Starter/startup experience preferred.
Composed and Steady
Enjoys challenges and working on multiple projects.
Curious/Problem Solver
Drive to constantly learn
Highly Detail Oriented
A work ethic for accuracy
Passion to be ahead of the curve
An instinct for organization
Excellent Communication
Strong interpersonal skills
Strong Analytical skills
Take pride in one's work
Physical /Work Environment:
Onsite (Monday-Friday)
Work is done in an office environment and is mostly sedentary.
Moderate noise level
Manual dexterity
Works in front of a computer/monitor for most of the working day
Minimal travel. May visit the marinas.
Downtown Miami- Monday – Friday 8:30 – 5:30, some work outside regular working hours
Company Description
About Us- IntegraFounded in 2006, Integra Investments’ creative approach to real estate, supported by our diverse team of best-in-class professionals with specialized expertise, has allowed Integra to successfully invest across several asset classes, including mixed-use, affordable housing, market-rate rentals, residential condos, offices, marinas, hotels, and retail. Today, Integra manages over $2.3B in capitalized assets across all asset classes.
Integra’s culture of transparency, creativity, and collaboration, coupled with its investment philosophy and proven track record, has provided Integra with the opportunity to serve as the trusted real estate investment partner for some of the most reputable institutional investors, individual investors, and family offices.
Our work environment is one of collaborative, professional, and winning attitude towards all that we do. We enjoy working together and we provide a great work environment that is fun and rewarding! Visit us at
https://www.integrafl.com
We offer:
Competitive Salary & Discretionary End of Year Bonus
Paid Time off & Holidays
Health, Dental & Vision Insurance
Life Insurance
401(k)
Growth and FUN!
Community outreach /Volunteer opportunities
#J-18808-Ljbffr