Job Summary :
We are seeking a sharp, process-driven Cost Analyst / Development Accountant to serve as the central hub for all project cost reporting and financial controls on large-scale commercial and multifamily developments. This role bridges development, construction, procurement, and accounting teams to deliver accurate, real-time cost transparency to senior leadership, lenders, and equity partners. The ideal candidate lives for cost structure, contingency tracking, change-event management, and turning raw estimates into actionable financial intelligence.
Key Responsibilities :
- Act as the primary liaison among development, construction, procurement, and accounting to ensure seamless cost data flow and reporting accuracy.
- Own weekly and monthly cost reporting packages for internal leadership and external stakeholders (partners, lenders, tenants).
- Convert pro forma / estimates into standardized cost-code structures and maintain them throughout the project lifecycle (transfers, new codes, allowances, holds, unburchased scope).
- Continuously monitor and report on hard / soft cost budgets, contingency usage, change events, hold balances, and remaining procurement exposure.
- Build and update detailed cash flow forecasts and scenario-based projections.
- Partner with development and design teams to create, challenge, and refine cost estimates.
- Collaborate with procurement on bid package validation and contract alignment to budget.
- Drive contract close-out process, ensuring final costs are fully captured and reconciled.
- Identify risks, recommend mitigation strategies, and incorporate them into forecasts and reporting.
Qualifications :
Bachelor’s degree in Construction Management, Engineering, Finance, Accounting, or related field (Master’s in Construction Management or Real Estate a plus).3–7 years of direct experience in real estate development or construction cost management (commercial or multifamily projects).Advanced Excel modeling skills (dynamic arrays, Power Query a strong plus); experience with Procore, Yardi, Timberline, or similar platforms preferred.Deep understanding of contingency tracking, change-order management, and project cost structures.Exceptional analytical mindset with the ability to distill complex data into clear, executive-level insights.