Senior Construction Accountant

Who is Laramar? Founded in 1989, Laramar has grown from a small real estate investment company to a distinguished national real estate investment and property management corporation with a multi-billion-dollar portfolio. For nearly 30 years, Laramar has managed a wide range of properties from high-rise urban to small building to suburban garden-style.

Why should I work for Laramar? Laramar delivers an unparalleled level of service to the real estate industry and our success is attributed to our people. We have a well-trained team of real estate professionals who love their work and honor their commitment to our clients and our residents. If you are seeking a position where your enthusiasm, passion, and creativity are welcome, join the Laramar team!

Are there perks? Yes! Laramar offers excellent medical/dental/vision insurance, flexible spending accounts, Company paid life insurance along with paid short and long-term disability insurance, paid Federal holidays including paid time off from Christmas Day through New Years' Day, a generous paid time off program, partial work-from-home schedule, and a 401k with Company match.

The Construction Accountant position assumes a team-orientated lead role in all aspects of the construction accounting process as it relates to existing assets, future acquisitions, and fee management clients.

RESPONSIBILITIES:

• Maintain Yardi-Construction database - including but not limited to uploading budgets on new acquisitions, opening and closing jobs as needed, and reviewing contract coding to ensure payables are hitting the proper accounts
• Work closely with Project Managers to review budgets, percentage complete, unit renovation tracking and other projects as needed
• Conduct monthly calls with PM's to go over project status, A/P concerns and budget revisions Roll accrual workbook forward each month, research and work with PM and vendor for project status or invoice
• Handle and process all aspects of construction payables, including coding, routing of capital invoices, and maintenance of the job cost chart of accounts
• Conduct weekly check runs, by verifying documentation has been received (Lien waivers, completion documentation), move cash between GL's as needed, and submit to A/P for payment processing
• Reconcile cash accounts weekly
• Tracking and submission of lender required repairs
• Prepare monthly construction reporting
• Prepare loan draw packets, lien waiver collection, and capital calls for various portfolio's
• Review of contractors' payment applications for monthly billings accuracy and completion
• Perform monthly/year-end close and related journal entries. Including any additional reporting needed for year-end and audit season
• Cross train and back up Construction Manager and Construction Admin to cover PTO throughout the year
• Ad hoc requests

QUALIFICATIONS:

• Bachelor's degree required, preferably in accounting
• 5 years of general accounting
• Prefer 5 plus years of job cost accounting experience
• Must have considerable knowledge with basic accounting principles (i.e. journal entries, debits, credits, etc.) and accounting functions
• Job cost and construction experience will be key for this position
• Yardi experience strongly preferred
• Yardi Construction experience a big plus
• Must be proficient with Excel, Word, and Outlook applications

SKILLS AND ABILITIES:

To perform the job successfully, an individual should demonstrate the following competencies:

• Embodies Laramar Core Values
• Strong oral and written communicator
• Positive attitude, organization with excellent attention to detail required
• Participate in proactive team efforts to achieve departmental and company goals
• Ability to work independently and complete duties and projects with little direct supervision
• Ability to accurately work under pressure in meeting deadlines
• Must have excellent organizational skills

SUPERVISORY EXPECTATIONS:

This position has no supervisory responsibilities.

Physical Demands and Work Environment: (The phrases "occasionally," "regularly," and "frequently" correspond to the following definitions: "occasionally" means up to 1/3 of working time, "regularly" means between 1/3 and 2/3 of working time, and "frequently" means 2/3 and…