Senior Construction Accountant at The Laramar Group LLC – Denver, Colorado

Who is Laramar? Founded in 1989, Laramar has grown from a small real estate investment company to a distinguished national real estate investment and property management corporation with a multi-billion-dollar portfolio. For nearly 30 years, Laramar has managed a wide range of properties from high-rise urban to small building to suburban garden-style.

Why should I work for Laramar? Laramar delivers an unparalleled level of service to the real estate industry and our success is attributed to our people. We have a well-trained team of real estate professionals who love their work and honor their commitment to our clients and our residents. If you are seeking a position where your enthusiasm, passion, and creativity are welcome, join the Laramar team!

Are there perks? Yes! Laramar offers excellent medical/dental/vision insurance, flexible spending accounts, Company paid life insurance along with paid short and long-term disability insurance, paid Federal holidays including paid time off from Christmas Day through New Years’ Day, a generous paid time off program, partial work-from-home schedule, and a 401k with Company match.

The Construction Accountant position assumes a team-orientated lead role in all aspects of the construction accounting process as it relates to existing assets, future acquisitions, and fee management clients.

RESPONSIBILITIES:

• Maintain Yardi-Construction database – including but not limited to uploading budgets on new acquisitions, opening and closing jobs as needed, and reviewing contract coding to ensure payables are hitting the proper accounts
• Work closely with Project Managers to review budgets, percentage complete, unit renovation tracking and other projects as needed
• Conduct monthly calls with PM’s to go over project status, A/P concerns and budget revisions Roll accrual workbook forward each month, research and work with PM and vendor for project status or invoice
• Handle and process all aspects of construction payables, including coding, routing of capital invoices, and maintenance of the job cost chart of accounts
• Conduct weekly check runs, by verifying documentation has been received (Lien waivers, completion documentation), move cash between GL’s as needed, and submit to A/P for payment processing
• Reconcile cash accounts weekly
• Tracking and submission of lender required repairs
• Prepare monthly construction reporting
• Prepare loan draw packets, lien waiver collection, and capital calls for various portfolio’s
• Review of contractors’ payment applications for monthly billings accuracy and completion
• Perform monthly/year-end close and related journal entries. Including any additional reporting needed for year-end and audit season
• Cross train and back up Construction Manager and Construction Admin to cover PTO throughout the year
• Ad hoc requests

QUALIFICATIONS:

• Bachelor’s degree required, preferably in accounting
• 5 years of general accounting
• Prefer 5 plus years of job cost accounting experience
• Must have considerable knowledge with basic accounting principles (i.e. journal entries, debits, credits, etc.) and accounting functions
• Job cost and construction experience will be key for this position
• Yardi experience strongly preferred
• Yardi Construction experience a big plus
• Must be proficient with Excel, Word, and Outlook applications

SKILLS AND ABILITIES:

To perform the job successfully, an individual should demonstrate the following competencies:

• Embodies Laramar Core Values
• Strong oral and written communicator
• Positive attitude, organization with excellent attention to detail required
• Participate in proactive team efforts to achieve departmental and company goals
• Ability to work independently and complete duties and projects with little direct supervision
• Ability to accurately work under pressure in meeting deadlines
• Must have excellent organizational skills

SUPERVISORY EXPECTATIONS:

This position has no supervisory responsibilities.

Physical Demands and Work Environment: (The phrases "occasionally,” "regularly," and "frequently" correspond to the following definitions: "occasionally" means up to 1/3 of working time, "regularly" means between 1/3 and 2/3 of working time, and "frequently" means 2/3 and more of working time.)

• The work environment is the typical construction environment. The employee must complete their work satisfactorily in an environment where there are significant distractions, including staff and vendors walking through and conversing, telephones ringing, conversations carrying over, loud noises, and interruptions to answer questions from others.
• The physical demands described here represent those that an employee must meet to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing this job's duties, the employee is regularly required to sit and use hands to finger, handle, or feel objects, tools, or controls. The employee frequently is required to talk or hear. The employee is occasionally required to stand; walk; reach with hands and arms, and stoop, kneel, crouch, or crawl.
• The employee must regularly lift and/or move up to 20 pounds and should do so in a sound and safe manner. This job's specific vision abilities include close vision, color vision, peripheral vision, depth perception, and the ability to adjust focus