Senior Associate, Client Accounting Services-Real Estate

Senior Project Accountant

Are you ready for a new accounting challenge? Do you want to use your experience from public or private accounting in a new way? We're looking for a Senior Project Accountant to join our outsourced client accounting practice. In this role, you will work in a cloud based environment and serve as a Project Accountant for multiple clients across the country, working with a team of professionals to provide property accounting services to their businesses.

Come and join a fast growing team, where we can offer you variety in your client work to help you grow your skills and a steady schedule to allow for a healthy work/life balance!

You will enjoy this role if:

• You are looking for your next challenge, crave variety where no day is the same and feel your skills and experience can be better utilized
• You are comfortable using technology and would enjoy helping businesses become more automated through cloud based accounting solutions
• You are looking to be part of a fast growing, innovative practice where your hard work and creativity can help us continue to build, improve and advance
• You like a corporate accounting department schedule and environment, but also crave the investment in technology and training that an innovative CPA firm provides to accountants

This role is a fit for you if you are:

• Looking to work within a team environment to help serve our clients as their outsourced accounting leader.
• A creative problem solver who enjoys learning new businesses and has the desire to become an advisor to clients in order to help them achieve their goals and dreams.
• Organized and able to push for high quality, efficient and profitable client engagements.
• A team player with strong communication skills and desire to work collaboratively with others to meet client needs.
• An accounting professional who enjoys staying on top of accounting trends and best practices.
• A detail orientated team member who can successfully work on multiple clients and juggle competing priorities.
• Passionate about learning and growing and someone who wants to offer best in class service to our clients.

The Senior Project Accountant is a key team member within Baker Tilly's CAS Real Estate outsourced real estate property accounting practice. Responsibilities include, but are not limited to, the following:

• Coordinate Draw Request including, but not limited to Remittance Requests, Vendor Invoices, Lien Waivers, Change Orders and Identification of Funding Sources
• Roll forward the Sworn Owner's Statements (SOS)
• Input hard costs and soft costs, including the construction management fees which are to be computed and an invoice prepared
• Identify reimbursement costs, batch all hard & soft costs in the SOS into a single batch
• Submit copies of the Draw Request to the inspecting architect, title company and Investors / Partners as directed for approval
• Request debt as per the client approved SOS
• Confirm all funds (e.g. Equity and Tenant Funds not directed to be deposited to the title company) have been received
• Prepare a Funding Request to fund Draw Request and submit for approval of same.
• Notify vendors of the release of funds as soon as the title company releases funds to vendors
• Review hard and soft costs on the Draw Request as follows:
• Identify each invoice with a draw number that corresponds to the Draw Request being issued;
• Review the coding on all vendor payments to ensure it is properly coded to the correct Fixed Asset (e.g. Land, Land Improvement, Bldg Improvement, Development Costs, Soft Costs, Lease cost or expense);
• Include the proper description on each invoice (e.g. General contractor, permits, consulting, engineering, utilities, etc.);
• Ensure proper Job Cost Code is inputted on each vendor payment;
• Ensure that the total to be funded on the SOS reconciles to the batch total in Avid Xchange payment file prior to exporting the batch to Yardi;
• Review of Draw Request for accuracy and completeness ensuring that all vendor invoices reconcile to the SOS
• Reconcile Avid Xchange batch to the total that the title company is releasing. When the above is reconciled, export the batch from Avid Xchange to Yardi.
• Record the Draw Request as follows:
• Record the wire transfers made per the funding request into general ledger module via manual recording or automated upload;
• Record and post receipt of funds from equity partners into the general ledger module (Debit Cash / Credit Ownership Contribution);
• Prepare, review and post the invoices from Avid Xchange to Yardi via a'manual' check run of which said posting shall equal the amount paid to the vendors (less any reimbursements as applicable and permitted by the lender) on the SOS. Debit to capital or expense accounts and credit to draw clearing account
• Prepare, review and post the Draw Request made by the title company representing the loan proceeds disbursed. Debit to Draw Clearing Account and Credit to loan payable or representing the equity funding from the property;
  Debit to Draw Clearing Account and…