Job description

Cost Accountant - Development

Pay Rate: $40-$45 per hour

Location: Morristown, NJ

Job Type: Part -time 30 hours per week

Job Description

We are seeking an experienced Cost Accountant - Development to serve as the custodian of activities surrounding the contracting and job cost administration for ground-up construction and major renovation projects across all development phases.

Working within the internal development and investment management team, this role coordinates extensively with both internal and external stakeholders to manage project budgets, contracts, invoice approvals, and funding requests.

Key Responsibilities

Contract Negotiation, Review & File Management

Manage a wide range of contractual agreements and related documents between internal and external stakeholders (contracts, amendments, RFPs, scope of work documents).
Act as the point of contact between internal teams and external contractors to resolve open items promptly.
Coordinate final approvals, signatures, and document recordings to ensure timely execution.
Maintain and update the development team’s contract library, filing systems, logs, and original agreement files.
Provide recommendations on contracting policies, procedures, and templates in alignment with state and federal procurement regulations.

Job Cost System Administration (Yardi Voyager)

Perform initial project setup and manage all budget data, revisions, and change orders.
Track and attach critical documents, including PCOs, COs, Certificates of Insurance (COIs), Lien Waivers, and Bond materials.
Enter contract details mapped to appropriate line items/codes, monitoring progress against contract terms.
Manage job cost sub-ledger coding and recommend updates for enhanced reporting accuracy.
Generate, analyze, and distribute standardized job cost reports; coordinate with accounting teams for necessary reclassifications.
Perform timely project close-outs and manage transitions to operational teams.

Payment Processing & Construction Funding

Collaborate with vendors to ensure invoices are properly coded prior to submission.
Conduct detailed reviews of contractor invoices for conformance with contract terms and budget before approving.
Brief management on contract discrepancies or disagreements and recommend resolutions.
Prepare and process construction funding requests with project lenders and equity partners in required formats.
Monitor monthly draw schedules, follow up on funding requests, and ensure timely vendor payments.

General Development Support

Assist in generating cash flow projections and updating internal management trackers/spreadsheets.
Coordinate with risk management teams to secure required project bonds and insurance coverages.
Support corporate fee policies by tracking, preparing, and processing internal fee invoices.
Help assemble site plan and development applications for local, county, and state agencies.
Request and organize proposals/scopes of service from external consultants for development and asset management needs.

Qualifications & Requirements

Experience: Minimum 5 years of experience in cost accounting, specifically within a real estate development firm.
Education: Bachelor’s degree in Accounting, Business, or a related field.
Software Proficiency: Strong proficiency in Yardi Voyager and Microsoft 365 (Excel, Word, Outlook, SharePoint, Teams).
Industry Knowledge: Deep understanding of real estate development documentation, contracting, and job cost accounting concepts.
Skills:
Exceptional organizational skills and high attention to detail.
Strong analytical, data collection, and problem-solving abilities.
Excellent written/verbal communication and active listening skills.
Proven time-management skills with the ability to navigate multiple project deadlines simultaneously.
Collaborative mindset with a strong work ethic.

Pay: $40.00 - $45.00 per hour

Work Location: Hybrid remote in Morristown, NJ 07960

Qualifications

Experience: Minimum 5 years of experience in cost accounting, specifically within a real estate development firm
Education: Bachelor’s degree in Accounting, Business, or a related field
Software Proficiency: Strong proficiency in Yardi Voyager and Microsoft 365 (Excel, Word, Outlook, SharePoint, Teams)
Industry Knowledge: Deep understanding of real estate development documentation, contracting, and job cost accounting concepts
Exceptional organizational skills and high attention to detail
Strong analytical, data collection, and problem-solving abilities
Excellent written/verbal communication and active listening skills
Proven time-management skills with the ability to navigate multiple project deadlines simultaneously
Collaborative mindset with a strong work ethic

Benefits

Pay Rate: $40-$45 per hour
Pay: $40.00 - $45.00 per hour

Responsibilities

Job Type: Part -time 30 hours per week
We are seeking an experienced Cost Accountant - Development to serve as the custodian of activities surrounding the contracting and job cost administration for ground-up construction and major renovation projects across all development phases
Working within the internal development and investment management team, this role coordinates extensively with both internal and external stakeholders to manage project budgets, contracts, invoice approvals, and funding requests
Contract Negotiation, Review & File Management
Manage a wide range of contractual agreements and related documents between internal and external stakeholders (contracts, amendments, RFPs, scope of work documents)
Act as the point of contact between internal teams and external contractors to resolve open items promptly
Coordinate final approvals, signatures, and document recordings to ensure timely execution
Maintain and update the development team’s contract library, filing systems, logs, and original agreement files
Provide recommendations on contracting policies, procedures, and templates in alignment with state and federal procurement regulations
Job Cost System Administration (Yardi Voyager)
Perform initial project setup and manage all budget data, revisions, and change orders
Track and attach critical documents, including PCOs, COs, Certificates of Insurance (COIs), Lien Waivers, and Bond materials
Enter contract details mapped to appropriate line items/codes, monitoring progress against contract terms
Manage job cost sub-ledger coding and recommend updates for enhanced reporting accuracy
Generate, analyze, and distribute standardized job cost reports; coordinate with accounting teams for necessary reclassifications
Perform timely project close-outs and manage transitions to operational teams
Payment Processing & Construction Funding
Collaborate with vendors to ensure invoices are properly coded prior to submission
Conduct detailed reviews of contractor invoices for conformance with contract terms and budget before approving
Brief management on contract discrepancies or disagreements and recommend resolutions
Prepare and process construction funding requests with project lenders and equity partners in required formats
Monitor monthly draw schedules, follow up on funding requests, and ensure timely vendor payments
General Development Support
Assist in generating cash flow projections and updating internal management trackers/spreadsheets
Coordinate with risk management teams to secure required project bonds and insurance coverages
Support corporate fee policies by tracking, preparing, and processing internal fee invoices
Help assemble site plan and development applications for local, county, and state agencies
Request and organize proposals/scopes of service from external consultants for development and asset management needs

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