Construction Project Accountant

Basis Industrial is seeking a Construction Project Accountant to manage project accounting activities for construction and development projects from inception through closeout. The ideal candidate will have a strong background in construction accounting, specifically with Yardi software.

This role emphasizes organization skills to thrive in a fast-paced environment. This is a full-time and fully remote position, reporting to the Controller. Candidate is expected to work during EST business hours.

Responsibilities

Manage project set up and ensure accurate job cost accounting, budget tracking, forecasting and variance analysis Review, code, and process contractor and vendor contracts and invoices in Yardi Construction Manager and P2P Prepare and review monthly project financial reports and reconciliations including multi-year cash flow forecasts Reconcile project subledgers to general ledger Monitor project budgets, committed costs, actual costs, and forecasts throughout the project life cycle Prepare construction draws (as needed) and monitor cash balances and funding sources Enter and maintain jobs, contracts, change orders and project financial data in Yardi Construction Manager Review contractor pay applications, including AIA G702/G703 or equivalent documentation, and validate contract amounts, approved change orders, retainage, prior billings and supporting documentation.

Prepare and reconcile construction loan draw packages, track lender/equity funding, sources and uses, and ensure compliance with applicable funding requirements.

Coordinate project accounting closeout, including final cost reconciliation, contract/commitment closeout, retainage releases, CIP clearing and transfer of completed projects to fixed assets. Calculate and/or support capitalization of eligible development costs, including capitalized interest, as applicable.

Ensure proper controls are followed for change orders, budget revisions, and commitments Collaborate with property managers, cons