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Construction Project Accountant

🕒 September 20

🗽 New York – Remote

infoinfo

⏰ Full Time

🟡 Mid-level

🟠 Senior

💲 Accountant / Accounting

Where this job comes from

Posted on Basis Industrial's careers page, not through a job board

First seen by Remote Rocketship September 20

Still open on Basis Industrial's site. Checked 10 hours ago.

Logo of Basis Industrial

Basis Industrial

1 - 10 employees

🏠 Real Estate

Real Estate

Basis Industrial is a vertically integrated real estate investment and operating platform that acquires, develops, and manages resilient multi-tenant small-bay industrial, self-storage, and mixed-use destination properties across high-growth Sunbelt markets. The firm combines in-house acquisitions, development, property management, leasing, and proprietary technology to optimize operations, leasing velocity, and portfolio aggregation, targeting under-managed niche asset classes to create value and scale.

📋 Description

• Manage project setup and accurate job cost accounting, budget tracking, forecasting, and variance analysis • Review, code, and process contractor and vendor contracts and invoices in Yardi Construction Manager and P2P • Prepare and review monthly project financial reports and reconciliations, including multi-year cash flow forecasts • Reconcile project subledgers to the general ledger • Monitor project budgets, committed costs, actual costs, and forecasts throughout the project life cycle • Prepare construction draws as needed and monitor cash balances and funding sources • Enter and maintain jobs, contracts, change orders, and project financial data in Yardi Construction Manager • Review contractor pay applications, including AIA G702/G703 or equivalent documentation • Prepare and reconcile construction loan draw packages and track lender/equity funding, sources and uses • Coordinate project accounting closeout, including final cost reconciliation, contract/commitment closeout, retainage releases, CIP clearing, and transfer of completed projects to fixed assets • Calculate or support capitalization of eligible development costs, including capitalized interest • Ensure proper controls for change orders, budget revisions, and commitments • Collaborate with property managers, construction teams, asset managers, accounts payable, and accounting • Maintain project documentation, including COI compliance and accurate lien waivers • Prepare year-end fixed asset schedules and audit and tax support materials • Identify opportunities to improve processes and system efficiencies

🎯 Requirements

• Bachelor’s degree in Accounting, Finance, or related field • 3+ years of construction or project accounting within a real estate organization • 2+ years of recent hands-on experience with Yardi Construction Manager • Strong understanding of job cost accounting, change orders, construction contracts, and project budgeting • Experience with construction loan draws and CIP accounting • Advanced Excel skills • Strong analytical, organizational, and problem-solving skills • Excellent communication skills and ability to manage multiple projects simultaneously with accuracy

🏖️ Benefits

• Fully remote position • Full-time employment • EST business hours • Reporting to the Controller

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