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Position# (4202) Project Accountant - MULTIPLE NEEDS!
Position Type: General Accounting
Compensation Range - Base: $65,000 - $69,000
Location: Houston, Tx
Position Description: Our premier real estate client in Houston is a dynamic, growing and professional organization committed to developing their team and maintaining the best work/life balance available. This company seeks a Project Accountant to ensure the accuracy and propriety of all financial data and reports. Property Operations and Budgeting: ? Partner with the Property Manager and Staff Accountants to ensure accuracy of financial reporting and budgets. ? Prepare and review monthly and quarterly operating reports to investor, working closely with Asset Managers and Property Managers. ? Review and analyze the general ledger and ensure records are kept in compliance with GAAP or other basis of accounting. ? Prepare and review monthly financial statements and supporting schedules. ? Perform treasury functions including cash management and cash flow projections. ? Maintain property?s Argus building valuation model for investor?s buy/sell/hold analysis. ? Assist in annual plan/budget preparation process by preparing revenue projections and variance analysis. ? Coordinate audits (external, internal, etc.) and prepare information for these audits as needed. ? Assist in supervision of Staff Accountants. ? Property Development: ? Ensure accuracy of construction draws and financial reporting with the assistance of the Project Manager and Staff Accountants ? Review funding requests to investors and analyze general ledger ? Examine budget overages and research variances with Project Manager ? Acquisitions/New Projects: ? Assist in due diligence process related to property acquisitions including but not limited to: reviewing property valuation models in Argus, perform revenue and expense analysis of the potential acquisitions, lease analysis, debt analysis, preparation of revenue and expense prorations, etc. ? Assist in the set up of new projects including but not limited to: setting up the property, opening bank accounts, preparing rent start letters and preparing acquisition accounting schedules/entries (FAS 141/142 purchase accounting, FAS 13 straight-line rent, revenue models).
Job Requirements: Bachelor?s or Master?s degree in accounting from an accredited university Two or more years professional accounting experience encompassing similar duties Public accounting experience strongly preferred CPA preferred
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