What are the responsibilities and job description for the Project Accountant position at Terra?
Terra, the award winning, Miami-based real estate development company carefully chooses projects that have a positive impact on their surroundings and, by extension, on the people who live there. When planning a new development, Terra takes a dynamic role with the city and neighborhood to activate its potential as a community, maximizing the way in which people are able to live and work; creating new and innovative ways for the urban & suburban landscape to evolve. The firm has cultivated a portfolio of more than five million square feet of residential and commercial real estate valued in excess of $8 billion and is active across all major real estate asset classes, including multifamily apartments, luxury condominium and single-family residences, retail and office space, hotels, and industrial properties. Terra has achieved international acclaim for its commitment to design excellence, resiliency measures, and sustainable development and has been continuously transforming South Florida into the prosperous metropolis we know today.
We are hiring for a Project Accountant to join our team!
Responsibilities
- Responsible for monthly loan draw preparation for assigned projects.
- Compile supporting documentation required for loan draws.
- Prepare bank and other Balance Sheet accounts reconciliations.
- Payment Applications (AIA) tracking & reconciliation including retainage tracking.
- Review commitment report.
- Prepare Journal Entries for review.
- Record all manual payments - wires, E-checks and Online Payments.
- Letter of Credit Interest and Reconciliation.
- Recording of wires and checks received.
- Track cash balances – GL.
- Upload/Review invoices in Yardi.
- Coding of invoices – Job Cost coding.
- Track all vendor lien releases, including GC lower tier (Prepare Designers & Professional Lien Releases in exchange with Payment).
- Record accrued interest schedules.
- Track purchaser deposits.
- Update master utility schedule.
- Assist with tangible personal property tax returns.
- Compiling information needed for preparation of year-end tax prep files.
Qualifications
- Bachelor’s degree in Accounting, preferred.
- Proficient in Microsoft Office.
- Yardi experience a plus.
- Developer or construction experience, preferred
As a team member at Terra, you’ll enjoy:
- Career advancement and bonus opportunities
- Comprehensive benefits package, including health, vision, dental insurance, and FSA (Flexible Spending Account).
- Employer-paid life and disability insurance.
- Employer matching 401k.
- Employee team building events.
- Company paid monthly lunches.
- Paid Time Off and paid Holidays.
