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Benderson Development
Senior Construction AccountantBenderson Development • Buffalo, NY, United States
Senior Construction Accountant

Senior Construction Accountant

Benderson Development • Buffalo, NY, United States
30+ days ago
Salary
$85,000.00 yearly
Job type
  • Full-time
Job description

Senior Construction Accountant

Senior Construction Accountant

Principal Duties and Responsibilities:

  1. Project Cost Setup and Budget Management:
    • Set up projects in MRI System, detailing job type, such as site, building/shell, and include relevant lease, deal, and suite information.
    • Monitor and review weekly new job set up requests to ensure all necessary information is being provided.
    • Review budget cost coding and enter approved budget into MRI system.
    • Post approved budget revisions and reallocations as needed.
  2. Cost Oversight and Analysis:
    • Review and approve Purchase Orders (POs), Change Orders (COs), and Contracts for coding accuracy, adherence to project budgets, and alignment with project scope.
    • Review invoice coding to make sure AP is consistently using proper coding. If correction is needed, prepare and submit Job Cost journal entries to general ledger team for posting.
    • Monitor lien waivers and conditional/unconditional releases to ensure compliance with contractual requirements.
    • Work closely with cost segregation team to ensure compliance and proper coding for book and tax purposes.
    • Perform variance analyses, highlighting discrepancies between actual and budgeted costs, and collaborate with construction teams to resolve issues.
    • Prepare and distribute monthly job cost reports and project financial summaries to project stakeholders. Participate in monthly job cost meeting with each PM.
    • Responsible for working with admins and project managers to make sure jobs are being closed and all steps are being logged in a timely fashion. Responsible for inactivating job once close-out process is complete.
  3. Billing and Revenue Tracking:
    • Collaborate with the Billing and Lease Administration Departments to ensure timely and accurate billing for project-related costs.
    • Monitor to make sure all items coded to tenant billable are submitted and posted to tenant ledger.
  4. Internal Collaboration and Support:
    • Attend construction job meetings to stay informed on project progress, budgets, and potential financial risks.
    • Work closely with finance to ensure accurate reporting for cash flows and job analysis.

Knowledge, Skills, and Abilities:

  • Experience: Minimum of 2 years in construction industry administration or accounting, with strong experience in project-level cost tracking and analysis.
  • Education: Associate degree in accounting required; bachelor's degree preferred.
  • Technical Skills: Proficiency in construction accounting software (e.g., MRI, Procore) and advanced Excel skills.
  • Interpersonal Skills: Strong organizational, communication, and analytical abilities, with a collaborative mindset for working closely with project managers and executive teams.
  • Travel: Willing to travel to our other office locations quarterly.
  • Detail Orientation: High attention to detail and ability to manage multiple projects, ensuring deadlines and accuracy are met.

Pay Range: $85,000 - $100,000 Annually

Please note that final offer amount will be dependent on geographic location, applicable experience and skillset of the candidate.

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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Senior Construction Accountant • Buffalo, NY, United States

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