Jobs · Accounting · Massachusetts

Senior Project Accountant

Rockpoint · Boston, MA · 3 wk ago
HybridAccountingFull-time

Key Responsibilities

  • Serve as the accounting lead for all development and construction projects within the assigned portfolio
  • Help establish and reinforce best practices in project accounting controls, policies, and procedures to ensure draw packages submitted to project lenders align with ownership objectives
  • Establish and maintain developers' budgets in Procore and assist in preparing, reviewing, and updating project budgets, including hard costs, soft costs, and contingencies, while tracking and forecasting cash flow to ensure financial stability
  • Track and assist in managing budgets, commitments, invoices, and actual costs across multiple development projects
  • Prepare and submit lender draw requests with all required documentation (invoices, lien waivers, pay applications, schedules of values, etc.)
  • Review and validate contractor/vendor invoices, contracts, and change orders
  • Coordinate approvals with D&C VPs, contractors, and accounting teams; resolve discrepancies as needed
  • Track submissions through funding and reconcile draw proceeds against project budgets and accounting records
  • Process vendor payments promptly after funding (via check, ACH, or wire)
  • Maintain regular communication with lenders to ensure compliance and address inquiries
  • Liaise with investment deal teams to ensure cash flow projections and payment advances are scheduled, monitored, and executed as planned
  • Prepare monthly or quarterly financial reports and cash flow projections for development projects
  • Leverage and become proficient in construction accounting systems, including Procore and MRI
  • Work with the D&C Executive Vice President to update the Work in Progress (WIP) report bi-monthly across all projects in the D&C portfolio

Qualifications

  • Bachelor’s degree in accounting, finance, or related field
  • 5+ years of accounting experience, including 3+ years in construction or development
  • Proficiency with Excel and project accounting systems
  • Exceptional attention to detail, organizational skills, and ability to manage multiple projects simultaneously

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