Company

LMDPSee more

addressAddressNew York, NY
type Form of workPermanent
CategoryAccounting/Finance

Job description

LMXD Development and L&M Fund Management, affiliates of L+M Development Partners (LMDP), an established residential developer, has an excellent opportunity for a Senior Project Accountant. The successful candidate will be expected to be an experienced, hands-on Project Accountant with the skills to grow into a management position. The Senior Project Accountant will need excellent analytical skills and will have an in-depth knowledge of project accounting as well as have strong general accounting skills. The Senior Project Accountant will manage, from the accounting side, both ground up development projects and acquisition/rehabilitation projects throughout the US.
Areas of Responsibilities of management and general accounting:
Day-to-day project accounting, including:Prepare monthly equity and loan draw packages (AIA billings) for bank requisitions
Establish cost commitment protocols for all development contracts, as well as monitor commitments and exposure throughout Project's lifespan
Record and monitor accounting activities, including, but not limited to, A/P, A/R, revenues, vendor payments and adjusting entries
Process vendor payments against cost commitments and interface with internal business teams to accurately charge and code invoices to proper General Ledger accounts.
Interface with construction accounting team, in-house insurance group, and vendors to answer questions and resolve any discrepancies and / or issues
Assist auditors with annual audit and tax processes
General ledger review and reconciliation
Suggest improvements to and provide support for overall accounting procedures
Ensure accuracy, consistency, and timeliness of all financial reporting, including the review and consolidation of end of period/interim financial statements
Job Requirements:
Sage Intacct, Timberscan, and Sage 300/Timberline experience preferred.
Ability to use Yardi Investment Accounting and Investment Manager software systems.
Proficiency in all MS Office programs including Excel.
Experience with partnership accounting and partnership agreements as well as waterfall calculations preferred
Familiarity with LIHTC, HUD, and NMTC preferred
Proficiency with investment accounting, including processes, controls, and systems
High level of attention to detail and accuracy.
Good communication and interpersonal skills.
Excellent problem solving / judgment skills.
Strong organizational skills and the ability to work under pressure.
Ability to handle and prioritize multiple tasks and meet all deadlines.
Professional individual with ability to perform independently as well as part of a team
Strong work ethic
Willingness to embrace complexity and thrive on new challenges
Education and Professional Requirements:
Bachelor's or Master's Degree in Business Administration/Accounting.
Years of Industry Experience Required:
Minimum 5 years related experience
Refer code: 7885210. LMDP - The previous day - 2024-01-22 12:24

LMDP

New York, NY
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