About the job
Job Title: Senior Manager of Construction Accounting
Job Summary:
The Senior Manager of Construction Accounting will lead financial accounting operations within Castellan Real Estate Partners. This pivotal role demands a robust grasp of construction accounting principles, financial stewardship, and regulatory compliance. The ideal candidate will ensure meticulous financial reporting and fiscal discipline, contributing to the successful execution of construction projects. Candidates should possess substantial experience in construction and contractor accounting, particularly in the percentage of completion method and project profitability analysis.
Responsibilities:
This role encompasses comprehensive oversight of the company's accounting operations and cash management, including the generation of periodic financial reports, the maintenance of accurate accounting records, and the establishment of robust controls and budgets to ensure compliance with generally accepted accounting principles.
Duties:
- Supervise daily accounting operations, ensuring timely and precise recording of financial transactions for accounts payable, accounts receivable, and general ledger entries.
- Compile and analyze monthly and quarterly financial statements, including balance sheets, income statements, and cash flow statements.
- Guarantee the completion of monthly closes with reconciled and analyzed general ledger accounts, providing variance analysis where necessary.
- Coordinate the construction draw process, ensuring timely and accurate fund disbursement for construction activities.
- Manage annual audit and tax compliance processes, ensuring all documentation is complete and available for auditors and tax preparers.
- Implement and uphold internal controls to protect company assets.
- Monitor actual expenses against budget and contribute to cash management and forecasting efforts.
- Provide vital information to management for informed decision-making.
- Oversee the utilization of Yardi, the company’s property and accounting software.
- Prepare project profitability reports and implement percentage of completion accounting methodologies.
- Ensure adherence to relevant accounting standards, regulations, and company policies.
- Continuously evaluate accounting operations, recommending and executing improvements to enhance efficiency and technology utilization.