Development Coordinator
Crow Holdings · Los Angeles, CA · 3 mo ago
OTHRFull-time
Position Summary
Crow Holdings Development seeks a Development Coordinator to support the execution of industrial development projects, focusing on construction administration, lender draw coordination, contract management, and compliance tracking.Primary Responsibilities
- Contract Administration
- Collect vendor contracts and tracks billings against contract values.
- Notify Development Manager of additional and hourly services and budget overruns.
- Certificate of Insurance Management – collects, tracks, and ensures compliance of Contractor and Subcontractor COI.
- Track key dates and deliverables
- Support reporting requirements for lenders and capital partners
- Aid in close-out documentation and warranty tracking
- Project Budget Tracking
- Enter budgets in Yardi
- Process project budget revisions and Change Orders
- Meet with the project and construction managers to review project budgets.
- Maintain an accurate log of budgets and committed costs.
- Invoice Processing
- Validate vendor invoices against contracts.
- Maintain actual costs of construction report, validate contractor payment requests & collect required supporting documentation.
- Process weekly overhead invoices and special check requests as needed in Yardi
- Process project invoices according to accounting draw schedule deadlines
- Track vendor payment status.
- Draw Requests
- Work with corporate accounting to process monthly draw requests according to project schedules
- Collect required lien waivers and final releases.
- Review and distribute monthly draws to partners, lender, and CHI internal parties
- Liaison with bank and development team regarding loan draw necessary documentation
- Release of payments upon funding
- Audit and Reporting
- Audit job cost reports for cost overruns and discrepancies
- Collaborate with the Project Management team and vendors to research and resolve any discrepancies
- Aid project teams with any questions or needs related to the accounting department.
- Coordinate with Project Management Team on partner and lender reporting requirements.
- Project Support
- Support scheduling coordination with contractors and consultants
- Aid in meeting coordination and documentation
- Track permitting and inspection status
- Provide general administrative support to development team
Desired Skills & Experience
- Bachelor’s degree in Business, Finance, Accounting, or equivalent experience preferred
- 1-5 years of experience in the construction or real estate development industry in an accounting capacity preferred
- Proficiency in Microsoft Outlook, Word & Excel programs required.
- Experience with Yardi accounting software preferred.
- Familiarity with construction budgets and pay applications
- Experience working in a fast-paced environment with the ability to meet short and long term deadlines
- Excellent time management and organizational skills, with a commitment to accuracy and attention to detail
- Highly effective written and verbal communication
- Strong interpersonal skills with the ability to take initiative, multi-task, be a team player and adapt to shifting priorities