A Construction Accountant prepares financial records and reports for a construction project or company. Maintains construction project budgets and manages financial transactions with contractors and subcontractors. Works with construction managers to track expenses and ensure compliance with accounting procedures. May review contractor bids and job cost estimates.
$65,000 - $85,000 / year (commensurate with experience)
Benefits:
Medical, Dental, Vision, 401(k) with Match, Paid Time Off & Paid Holidays
ABOUT THE COMPANY
Commercial real estate development and property management firm based on Long Island with a robust portfolio of medical, office, retail, and industrial properties.
POSITION SUMMARY
We are seeking a proactive and detail-oriented Construction Accountant to join their centralized Finance & Accounting team. Reporting directly to the Assistant Controller, this role oversees project cost accounting across active ground-up developments and capital improvement projects. You will play a critical role in job-cost tracking, vendor payment workflows, budget variance analysis, and operational reporting to ensure projects remain on budget and financially compliant.
KEY RESPONSIBILITIES
Project Cost Accounting:
Manage high-volume accounts payable for active construction and real estate development projects; ensure accurate coding and proper approvals.
Budget Tracking & Variance Analysis:
Maintain detailed job-cost ledgers, track budget changes, evaluate cost variances, and ensure proper documentation in alignment with internal controls.
Vendor & Contract Management:
Coordinate timely payments to general contractors, subcontractors, and vendors while resolving invoice disputes or discrepancies promptly.
Reconciliations & Reporting:
Assist leadership with monthly project reconciliations, work-in-progress (WIP) tracking, and custom financial reporting for executive reviews.
Cross-Functional Collaboration:
Partner closely with Project Managers, operational leaders, and external vendors to maintain seamless accounting workflows.
Special Projects:
Support the Assistant Controller and broader finance team with ad-hoc financial analysis and audit preparation as needed.
QUALIFICATIONS & SKILLS
Education:
Bachelor's Degree in Accounting, Finance, or a related business field required.
Experience:
2+ years of accounting experience, ideally within commercial real estate, construction, or project-based accounting environments.
Technical Skills:
Advanced proficiency in Microsoft Excel. Experience with real estate accounting platforms (e.g., MRI, Yardi, or similar ERP software) is highly preferred.
Core Competencies:
Exceptional attention to detail, strong problem-solving abilities, and the capacity to prioritize multiple project deadlines in a dynamic setting.
Communication:
Excellent written and verbal communication skills for collaborating with internal teams and external stakeholders.
