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Construction and Real Estate Accountant

Questar Properties, Inc.
Baltimore, MD Full Time
POSTED ON 4/5/2025
AVAILABLE BEFORE 5/4/2025

Job Description

Job Description

General Purpose of Job / Summary :

The Construction and Real Estate Accountant position will report to the Controller and will be responsible for accounting and reporting support for existing commercial and residential properties as well as properties under development. The Construction and Real Estate Accountant will be involved in a broad variety of accounting functions including G / L, A / P, A / R. The position requires full-time presence at QPI’s headquarters. Below is a summary of the key Construction and Real Estate Accountant responsibilities :

Essential Duties and Responsibilities :

Construction Accounting

  • Management of job cost systems, including inputting data, reconciling accounts, and analyzing variances.
  • Review all invoices for accurate coding.
  • Monitor project budgets and identify potential cost overruns.
  • Prepare monthly, quarterly, and annual financial statements for construction projects.
  • Assist with project closeouts, including final invoicing and lien releases.

Real Estate Accounting

  • Prepare journal entries for rent vacancies, property taxes, insurance, and other property-related expenses.
  • Maintain accurate property records, including leases, insurance policies, and maintenance contracts.
  • Assist with month-end and year-end closing procedures.
  • Prepare monthly Bank Reconciliations in a timely manner.
  • Prepare supporting documentation for audits.
  • Other special projects as necessary.
  • Education / Experience :

  • B.S. degree in Accounting, Finance or Business Administration desired.
  • A minimum of 4-years experience with cost-accounting required.
  • Certificates, Licenses, Registrations :

    CPA or other relevant certification preferred.

    Technical Experience :

  • Strong knowledge of real estate accounting software packages required.
  • Solid understanding of GAAP.
  • Advanced computer skills : Microsoft Word, Microsoft Outlook, and Microsoft Excel.
  • Experience with Yardi Voyager required.
  • Other Skills / Requirements :

  • Strong analytical skills.
  • Strong problem-solving skills coupled with the ability to work independently while effectively managing concurrent tasks within a rigid time schedule.
  • Excellent interpersonal and communication skills (verbal and written) required.
  • Must be able to work a minimum of 40 hours week and flexibility to work additional time depending on company needs and workload.
  • Other Important Attributes :

  • Friendly, helpful team player with a positive, customer-service attitude.
  • Dependable, with an excellent attendance track record.
  • Exercise good judgment and take initiative to properly address and resolve issues.
  • Keep supervisor and co-workers up-to-date on issues and project status.
  • Use discretion and keep personal and personnel matters confidential.
  • Company Description

    Questar Properties (“QPI”) develops luxury multi-family and mixed-use properties in the Mid-Atlantic region and has developed and built over 13,000 homes and apartments in the State of Maryland. QPI’s most recent development was 414 Light Street, a 44-story ultra-luxury multifamily project in downtown Baltimore, consisting of 394 luxury apartments and first floor retail. QPI and its affiliates, Questar Builders, Inc. (“QBI”) and Questar Management LLC, perform development, construction management / general contracting and property management services, respectively for the ownership entities. QBI has started construction on Sanctuary at Cross Keys, a 331-unit multifamily project in the iconic Village of Cross Keys community which will set the standard for luxury multifamily living in the Roland Park neighborhood of Baltimore. Additional development opportunities, including the second phase of the 414 Light Street development, are also currently in the pre-development pipeline.

    Company Description

    Questar Properties (“QPI”) develops luxury multi-family and mixed-use properties in the Mid-Atlantic region and has developed and built over 13,000 homes and apartments in the State of Maryland. QPI’s most recent development was 414 Light Street, a 44-story ultra-luxury multifamily project in downtown Baltimore, consisting of 394 luxury apartments and first floor retail. QPI and its affiliates, Questar Builders, Inc. (“QBI”) and Questar Management LLC, perform development, construction management / general contracting and property management services, respectively for the ownership entities. QBI has started construction on Sanctuary at Cross Keys, a 331-unit multifamily project in the iconic Village of Cross Keys community which will set the standard for luxury multifamily living in the Roland Park neighborhood of Baltimore. Additional development opportunities, including the second phase of the 414 Light Street development, are also currently in the pre-development pipeline.

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