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Construction Staff Accountant

Company: National Community Renaissance
Location: Rancho Cucamonga
Posted on: May 3, 2021

Job Description:

National Community Renaissance offers a comprehensive benefits package!

"Together, we transform lives and communities!"

National Community Renaissance (CORE) is seeking a Staff Accountant to join our Accounting team. CORE is one of the nation's largest non-profit affordable housing developers with over a 25-year track record in community revitalization. We transform the economic and social future of communities by building quality, affordable housing combined with best practice social services to improve the self-sufficiency of our residents.

National Community Renaissance C.O.R.E. Values:

C OMMUNITY - Through our high-quality construction and social services, we build great communities where our residents and neighbors can thrive.

O PTIMISM - We believe in the ability of people to strive for better lives, and we help provide them with the means to achieve their dreams.

R ESPECT - We serve our residents, partners, and employees with utmost respect.

E XCELLENCE - We strive for the highest standards in design, construction, property management, and customer service.

National Community Renaissance offers a comprehensive benefit package including, medical, dental, vision, 401(k) plan with match, Life Insurance, LTD, FSA, paid holidays, vacation, and sick time.

About the Job:

The Construction Staff Accountant reports to the Director of Construction Accounting handling all aspects of the construction draws and payables process, and assisting in other areas as needed.

RESPONSIBILITIES

  • Track, reconcile, prepare and submit construction draws and pre-development reimbursement invoices.
  • Work closely with the Construction administration and Supervision personnel to ensure that the construction budget and actual expenditures information in the system and on the progress billings are accurate and up to date.
  • Work closely with lending sources (i.e. banks, RDA's, City and/or County personnel).
  • Follow-up on the collection of draws and pre-development reimbursement invoices.
  • Ensure proper audit trails and tracking of construction draws.
  • Work closely with the Construction administration and Supervision personnel in co-ordination with third party entities to insure the efficient and timely handling of progress payments to sub-contractors and other vendors. May directly be in contact with Sub-Contractors and their Suppliers for required data and requested info.
  • Prepare any special reports, as required, by management or third parties.
  • Reconcile construction-in-progress and related general ledger accounts to the draw sheets and to lender's disbursed amounts.
  • Prepare journal entries related to the construction-in-progress accounts.
  • Prepare and reconcile month-end construction related reports such as construction loan interest statements, construction payables and retention payable to the general ledger and any other reports necessary.
  • Reconcile construction related accounts to the general ledger such as the construction cash accounts, intercompany loan accounts, and funding source accounts.
  • Coordinate with property staff accountants, project development and construction staff, and construction accounting staff to resolve any processing or accounting issues.
  • Coordinate and work closely with Construction Accounts Payable to make sure all necessary waivers and forms are provided to process monthly and Retention Draws
  • Maintenance of the construction payable files.
  • Participate in special projects assigned to constructions accounting.
  • Provide construction accounting-related information to external auditors.
  • Assist in preparation of project cost certifications.
  • Prepare journal entries for Escrow Close Buyer and Seller Statements in and out of construction
  • Attend Project Status Meetings and Kick-off calls of new projects
  • Adhere to the required work schedule established by the company to promote efficient operations.
  • Must attend Company sponsored events that relate to the development of the team, which, from time to time, may include overnight stays at locations away from the employee's home.

EXPERIENCE

  • Bachelor's Degree in Accounting or Business. Experience may offset education requirement.
  • Four years of experience in accounting, preferably in a construction or development environment.
  • Strong organizational and communication skills.
  • Demonstrated record of achievement in a high volume work environment while maintaining excellent customer service attitude.

PHYSICAL REQUIREMENTS/WORK ENVIRONMENT

  • Operate computer and office equipment.
  • Work is primarily sedentary in nature.

National Community Renaissance is an equal opportunity employer.

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Keywords: National Community Renaissance, Rancho Cucamonga , Construction Staff Accountant, Other , Rancho Cucamonga, California

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