Senior Project Accountant at J. Shaw Enterprises Senior Project Accountant at J. Shaw Enterprises in Somerville, Massachusetts Posted in 2 days ago.

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full-time Our Client is an affiliate of a real estate private equity firm and is a dedicated property services, development, and construction management organization that serves commercial, industrial, and residential properties in select markets throughout the United States. The firm employs a responsive, tailored approach and the most current technologies to ground-up developments, property, and relationship management in order to deliver best-in-class expertise, customized service, and value-add outcomes across its portfolio. Since inception, the firm has provided property management, project management, ground-up development, and other services to properties representing approximately 62 million square feet. The Development and Construction team is dedicated to managing ground-up development, tenant improvements, and capital expenditure projects within the portfolio, providing best-in-class expertise and value-add outcomes. The D&C team is seeking a Senior Project Accountant who will manage multiple projects across various locations and serve as the primary liaison to the Vice Presidents of the D&C team. They will be in the office 3+ days a week. Key Responsibilities Serve as the accounting lead for all development and construction projects within the assigned portfolio Help establish and reinforce best practices in project accounting controls, policies, and procedures to ensure draw packages submitted to project lenders align with ownership objectives Import developers' budgets into Procore (the construction software platform) and assist the D&C VPs in preparing, reviewing, and updating project budgets, including hard costs, soft costs, and contingencies, while tracking and forecasting cash flow to ensure financial stability Track and assist in managing budgets, commitments, invoices, and actual costs across multiple development projects Draw processing to the lender or the RP funds: Prepare and submit lender draw requests with all required documentation (invoices, lien waivers, pay applications, schedules of values, etc.) Review and validate contractor/vendor invoices, contracts, and change orders Coordinate approvals with D&C VPs, contractors, and accounting teams; resolve discrepancies as needed Track submissions through funding and reconcile draw proceeds against project budgets and accounting records Process vendor payments promptly after funding (via check, ACH, or wire) Maintain regular communication with lenders to ensure compliance and address inquiries Liaise with investment deal teams to ensure cash flow projections and payment advances are scheduled, monitored, and executed as planned Prepare monthly or quarterly financial reports and cash flow projections for development projects Leverage and become proficient in construction accounting systems, including Procore and MRI Work with the D&C Executive Vice President to update the Work in Progress (WIP) report bi-monthly across all projects in the D&C portfolio Qualifications Bachelor's degree in accounting, finance, or related field 5+ years of accounting experience, including 3+ years in construction or development Proficiency with Excel and project accounting systems Exceptional attention to detail, organizational skills, and ability to manage multiple projects simultaneously