Senior Project Accountant - Rockhill

Posted 6 Days Ago
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Boston, MA
In-Office
110K-150K Annually
Senior level
Real Estate
The Role
The Senior Project Accountant manages project budgets, prepares financial reports, processes draw requests, and liaises with lenders on development and construction projects.
Summary Generated by Built In

Firm Profile

Rockhill Management, L.L.C. (“Rockhill”), an affiliate of Rockpoint, is a dedicated property services management company that serves commercial and residential properties in select markets throughout the United States. Rockhill employs a responsive, tailored approach to property and relationship management in order to deliver customized service, premium amenities, and intentional communities across Rockpoint’s portfolio. Since inception, Rockhill has provided property management, project management, and other services to properties representing approximately 56.9 million square feet.

Position Overview

The Development and Construction (D&C) team within Rockhill is dedicated to managing ground up development, tenant improvements, and capital expenditure projects within the Rockpoint 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 Development & Construction (D&C) teams.


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
  • Strong knowledge of construction accounting principles
  • 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

Location: This position is based in Boston, MA (hybrid)

Compensation: The expected salary range for this position is $110,000 - $150,000, depending on experience and qualifications.

Rockhill Management, L.L.C is an equal employment opportunity employer.  All employment decisions and personnel actions at Rockhill are administered without regard to race, color, religion, creed, national origin, ancestry, gender, age, disability, sexual orientation, gender identity and expression, genetic information, veteran status, military service, or any other category or class protected by federal, state, or local laws.  Rockhill is committed to diversity in its most inclusive sense.

Top Skills

Excel
Mri
Procore
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The Company
HQ: Boston, Massachusetts
93 Employees

What We Do

Rockhill Management, L.L.C. (“Rockhill”), an affiliate of Rockpoint, is a dedicated property services management company that serves commercial and residential properties in select markets throughout the United States. Rockhill employs a responsive, tailored approach and the most current technologies to property and relationship management in order to deliver customized service, premium amenities, and intentional communities across Rockpoint’s portfolio. Since inception, Rockhill has provided property management, project management, and other services to properties representing approximately 49.1 million square feet.

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