Project Accountant - Grubb Properties

Position: Project Accountant

Type: Full-time

Location: Charlotte Corporate Office, Charlotte, NC

Department: Corporate Accounting

Reports to: Development Accounting Manager

Are you a meticulous accounting professional with a passion for project management? Do you excel in dynamic environments where your attention to detail and organizational skills can shine? Join our team as a Project Accountant and play a crucial role in ensuring the financial success of our development projects!

What You’ll Do:

Invoice and Draw Management:

Receive and review project invoices for appropriate coding and accuracy.

Collaborate with Project Managers to prepare and manage monthly draws for submission to various lenders and funding entities.

Ensure all draw requirements for funding are complete, project deadlines are met, and compliance is maintained for general contractors and subcontractors.

Financial Reporting and Analysis:

Prepare development and construction management fee invoices, project reports, and manage tasks related to accounts payable, accounts receivable, general ledger, and banking.

Provide necessary data, reports, and information for loan closings.

Prepare monthly financial statements, support schedules, and other financial reports accurately and timely, adhering to GAAP or Tax standards.

Prepare draw reconciliation reports for assigned projects and journal entries to accurately account for project costs.

Accounts and Cash Management:

Manage accounts receivable and accounts payable, including check runs, wire transfers, and resolving related issues.

Prepare monthly bank reconciliations and maintain accurate cash balances for all project bank accounts.

Anticipate and project cash flow needs for individual projects, informing management of upcoming cash requirements.

Year-End and Special Reporting:

Assist in the preparation of year-end tax reporting and annual audits as necessary.

Manage 1099 processing at year-end.

Perform additional accounting tasks assigned by the Development Accounting Manager and assist with special projects.

Communication and Support:

Liaise with other departments, lenders, construction consultants, and vendors to resolve project-related matters.

Provide support, guidance, and training to the project management team and other Development Accounting team members.

What We're Looking For:

Educational Background: Bachelor’s degree in accounting required

Experience: 4+ years of project accounting experience, preferably in development or construction accounting.

Technical Skills: Proficiency in Excel and Microsoft Office; familiarity with various accounting and finance concepts, practices, and procedures.

Key Traits:

Detail-oriented with strong organizational skills.

Ability to manage multiple tasks and meet deadlines.

Strong communication, collaboration, and interpersonal skills.

Ability to work independently under minimal supervision.

Proactive in anticipating cash flow needs and addressing financial issues.

Why You'll Love Working With Us:

Project Visibility: See the full cycle of your projects, from invoice management to the completion of development.

Impactful Work: Your efforts contribute to the successful execution of construction projects that enhance communities.

Recognition: Get recognized for your meticulous work and dedication.

Collaborative Culture: Work in a supportive and welcoming environment where your voice is heard and valued.

Stability: Join a company with a rich history and a strong foundation, established in 1963.

Innovative Projects: Be part of innovative projects that challenge and inspire you.

Professional Growth: Clear goals and direction from senior leadership, with opportunities for continuous learning and development.

Physical Demands and Environmental Factors:

Dynamic Environment: Move about to coordinate work within the office

Communication Tools: Regular use of a computer, telephone, face-to-face, and video communication to perform duties.

Minimal Supervision: Work independently with minimal supervision, managing your responsibilities effectively.

At Grubb Properties, we're committed to equal employment opportunities, honoring diversity, and making reasonable accommodations to ensure all employees can thrive. We comply with applicable federal, state, and local laws governing nondiscrimination in employment. This job description is subject to change to reasonably accommodate qualified individuals with disabilities, as necessary, and to comply with applicable laws. We celebrate the unique perspectives and talents each team member brings to the table, and we're excited to welcome diverse candidates to apply. Join us and be part of a team that values inclusivity, innovation, and growth.