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New York, NY, USA
In-Office
Mid level
Real Estate
The Role
The Project Accountant manages accounting for construction and development projects, including subcontractor and vendor payments, construction billings, job cost documentation, budget-to-actual analysis, cash flow forecasting, and account reconciliations. The role collaborates with project teams, finance, vendors, subcontractors, and senior management while ensuring compliance with company procedures and timely, accurate financial reporting.
Summary Generated by Built In
Company Description

PMG has been responsible for over 150 real estate transactions including over 85 residential buildings in Manhattan during its 20+ year history. One of the leading converters of New York City rental apartments, PMG has distinguished itself over the last ten years through its development of new construction condominium developments, in New York City as well as in Florida, Illinois, South Carolina, the Caribbean, and elsewhere. 

PMG is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status

Job Description

Summary

The Project Accountant will be responsible for all project accounting matters pertaining to the Company’s construction and development projects and ensuring compliance with the Company’s policies and procedures.

Primary Responsibilities

• Review, verification and processing of all subcontractor, soft cost and general condition related payments associated with construction and development projects.

• Work with project team to ensure timely and accurate submission of construction billings on all construction projects.

• Communicate with project team, vendors, subcontractors and external parties to manage job cost requests/requirements, including waivers of lien, insurance, payrolls and any additional contractually required documents necessary to invoice clients or pay vendors.

• Prepare budget-to-actual variance analysis for assigned projects.

• Collaborate with finance team to prepare cash flow forecasts for assigned projects.

• Interface with project team and senior management on all aspects of project construction accounting.

Qualifications

Skills and Qualifications

• Bachelor's degree in Accounting preferred.

• 2-5 years of project accounting experience in a construction or development environment required.

• Proven experience with AIA construction billing documents, accounts payable applications, funding requests, cash flow analysis and account reconciliations required.

• Computer and systems savvy with strong Microsoft Excel skills.

• Detail oriented with strong analytical, organization, communication and interpersonal skills.

• Team player with the ability to effectively handle multiple projects simultaneously in a deadline driven environment

Additional Information

All your information will be kept confidential according to EEO guidelines.

Skills Required

  • Bachelor's degree in Accounting
  • 2-5 years of project accounting experience in a construction or development environment
  • Experience with AIA construction billing documents
  • Experience with accounts payable applications
  • Experience with funding requests
  • Experience with cash flow analysis
  • Experience with account reconciliations
  • Strong Microsoft Excel skills
  • Strong analytical, organizational, communication, and interpersonal skills
  • Ability to manage multiple projects in a deadline-driven environment
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The Company
7 Employees
Year Founded: 1991

What We Do

Property Markets Group (PMG) is a national real estate investment, development and asset-management firm. Founded in New York City, it develops and manages residential and commercial properties across U.S. markets, including luxury condominiums, multifamily housing and affordable housing. Its vertically integrated teams cover the development lifecycle, from land acquisition and financing through design, construction, asset management, marketing, sales and leasing.

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