Jobs · OTHR · California

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

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