What are the responsibilities and job description for the Project Accountant Real Estate position at W3Global Inc.?
Position: Project Accountant
Overview:
The Project Accountant plays a critical role in managing the financial performance of a diverse portfolio of development projects. This position involves tracking, analyzing, and reporting project financials while collaborating closely with Project Managers, Development Managers, and the Corporate Controller. The ideal candidate is a proactive problem-solver, self-starter, and strong communicator with at least 2 years of real estate project accounting experience and a bachelor's degree in accounting or a related field preferred.
Key Responsibilities:
Coordinate with PMs/DMs and Controller to open assigned projects in the accounting system (Sage 300, Sage Intacct, QuickBooks).
Ensure project setup aligns with contracts; maintain accurate project records in BOX including contracts and change orders.
Understand all assigned projects thoroughly and clarify project details as needed.
Prepare timely financial statements, variance reports, and forecasts.
Investigate project variances and report findings to the Controller and CFO.
Provide PMs and clients with accurate budgets, forecasts, and financial updates.
Manage project close-out and related accounting tasks.
Prepare pre-billing reports and monitor receivables; support collections as needed.
Set up consultants ensuring proper agreements, NDAs, COIs, and licenses.
Issue invoices and process payments for consultants, subcontractors, vendors, and suppliers.
Compile documentation for internal and external audits.
Preferred Qualifications:
Bachelor's degree in Accounting or related field.
2 years of relevant real estate project accounting experience.
Proficiency in Sage 300, Sage Intacct, or QuickBooks.
Strong organizational, analytical, and leadership skills.
Excellent written and verbal communication skills.