Project Accountant, Construction at RXR

New York, New York, United States

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, ConstructionIndustries

Requirements

Bachelor's degree in Accounting
Experience in Real Estate Construction
A minimum of 2-3 years of project accounting experience
Good working knowledge of GAAP
Proficient at an intermediate level with MS Excel
Familiarity with Sage 300 (Timberline accounting software), Procore (Project Management software), and Timberscan (Accounts Payable approval software) preferred, but not required
Proficiency in tracking open invoices not yet uploaded to the system; ability to review invoices/AIA against commitment and change orders (Invoicing Fundamentals)
Able to analyze, identify, and explain causes for discrepancies in vendor account reconciliation; presents analysis clearly
Excellent understanding and execution of AIA review and QA for errors (Construction AIA Process)
Timely submission of accurate progress billing to clients; meet or exceed monthly deadlines
Expertise in identifying potential issues and inconsistencies; master in researching root causes and proposing resolutions (Reporting and Analysis)
Proficient in daily use of Procore (create commitments and change orders; conduct quality control of data); proficient in Sage 300 (reporting, queries, research, recordings); proficiency in Timberscan (Accounting Systems Proficiency)

Responsibilities

Collect all subcontractor trade AIA G702/703 (AIA) and vendor invoices
Verify accuracy of final AIA from all trade subcontractors including project roll forward, mathematical accuracy, and completeness of support (lien waivers, insurance etc.)
Review requisitions for errors or missing information based on project information
Distribute AIA’s to Project Managers to review
Attend meetings with Project Managers (PM) and subcontractors to review project status and reporting
Record subcontractor AIAs and general conditions in the accounting system
Maintain the Accumulated Cost Report (ACR)
Compile Accounts Receivable Billing of monthly activity to properties and tenants
Work across multiple projects and properties simultaneously

Skills

Key technologies and capabilities for this role

AIA G702AIA G703invoicingfinancial analysisAccounts ReceivableAccumulated Cost Reportlien waiversproject accountingYardiExcel

Questions & Answers

Common questions about this position

What software systems must I be proficient in for this Project Accountant role?

You need proficiency in Procore for creating commitments and change orders plus quality control, Sage 300 with expertise in reporting and queries, basic to intermediate Excel, and Timberscan.

What education is required for the Project Accountant position?

A Bachelor's degree in Accounting is required.

Is this Project Accountant role remote or office-based?

This information is not specified in the job description.

What is the salary or compensation for this position?

This information is not specified in the job description.

Who does the Project Accountant report to, and what collaboration is involved?

The role reports to the Senior Project Accountant and serves as the point of contact between the project team and corporate headquarters, as well as with vendors and clients; it also involves attending meetings with Project Managers and subcontractors.

RXR

Real estate development and property management

About RXR

RXR operates in the real estate sector, managing a diverse portfolio that includes residential, commercial, and mixed-use properties. The company focuses on acquiring, developing, and managing high-quality real estate, generating revenue through rental income and property sales. RXR's properties cater to a variety of clients, from young professionals looking for affordable housing to businesses in need of modern office spaces. A key aspect of RXR's approach is its Innovation Digital Lab, which develops technology and forms partnerships to improve urban living experiences. What sets RXR apart from its competitors is its strong commitment to social responsibility, civic engagement, and promoting accessibility and inclusion in the communities it serves. The company's goal is to create positive impacts through its developments while ensuring equal opportunities for all.

New York City, New YorkHeadquarters

1987Year Founded

$933.4MTotal Funding

PRIVATE_EQUITYCompany Stage

Design, Real EstateIndustries

201-500Employees

Benefits

Flexible Work Hours

Professional Development Budget

Risks

Latch's expansion could threaten RXR's property management services.

Neeve's cloud solutions may challenge RXR's technological edge in property management.

Suffolk Technologies' BOOST program could introduce innovative competitors to RXR.

Differentiation

RXR leverages its Innovation Digital Lab for cutting-edge technology in urban environments.

The company maintains a multi-sector, geographically diverse portfolio of properties.

RXR is committed to social responsibility and civic engagement in its operations.

Upsides

Latch's smart access systems enhance RXR's tenant experience and operational efficiency.

Neeve's cloud infrastructure aligns with RXR's innovation goals for smart buildings.

Suffolk Technologies' BOOST program offers RXR access to cutting-edge built environment solutions.

Land your dream remote job 3x faster with AI

Try Jobo Free