Sr. Project Accountant – Real Estate Development Exp Required
Seattle, WA (In-Office)
Contract 4-6 months
$70-80/hour
Our client, a well-established Real Estate Developer with assets in the US and Canada is searching for a Sr. Project Accountant to manage their high-profile developments for maternity leave coverage. This is a 4-6 month contract role in their Seattle office.
The ideal candidate will have a proven track record of success with a minimum of 5 years’ experience with Real Estate/Development or Construction accounting. Timberline (Sage 300) and TimberScan experience is required.
Sr. Project Accountant Duties:
- Manages project accounting, including job costs, general ledger maintenance, WIP schedules and contract administration.
- Prepares and presents financial reports, including financial statements, cash flows, proformas, budgets, forecasts, and variance analysis.
- Analyzes financial relationships, prepares models, and performs statistical and sensitivity analysis.
- Oversees cash flow for development projects, including payments, loan disbursements, equity contributions, and reconciliations.
- Reviews construction pay applications and communicates budget concerns or overages with the development team.
- Ensures compliance with lender and audit reporting requirements, including year-end tasks like 1099 preparation.
- Handles full-cycle accounts payable and vendor compliance for development projects.
- Coordinates setup for new development projects, including bank accounts and financial records.
- Organizes and maintains accounting and contract records, supporting administrative tasks as needed.
Sr. Project Accountant Qualifications:
- 7+ years Construction and/or Real Estate accounting experience
- MUST have experience in real estate development or construction project-based accounting, including cost accounting and understand lender draws.
- Bachelor’s degree in accounting or finance preferred
- Experience with Sage Timberline and TimberScan are required.
- Proficient in MS Office, and able to pick up new processes and software quickly