"Help Wanted: Director of Accounting- Construction & Development"
Construction Executive Job Location:Los Angeles, CA Estimated Cash Compensation: Unspecified
Job Description:
The Kor Group is a privately held real estate investment, development and management firm. The portfolio encompasses popular design hotels, condominium and apartment complexes in strategic locations. We are currently seeking a Director of Construction and Development Accounting to join our team!
The Director of Construction and Development Accounting is responsible for overseeing the Construction and Development Accounting Department and the financial reporting of the all projects under development. In this position, the Director will work with the Acquisitions team and review pre-development budgets and development budgets to ensure the proper processing of the various transactions involved in the acquisition, and/or development. The Director will serve as a liaison for all international projects and oversee these projects including all monthly reports and financials. The Director will ensure compliance of the policies and procedures set in place, the Director of Construction and Development Accounting is supported by a staff of ten consisting of Project Controllers; Project accountants; and staff accountants.
Responsibilities include but are not limited to the following:
Overseeing the proper establishment of new projects into the Yardi System and Timberline System.
Meeting with Project Managers on all projects and access their needs.
Ensuring the proper budgets are being maintained during the pre-development and development phase.
Ensuring that monthly cost reports reflect the necessary information for each project.
Overseeing the projects and ensure that capital calls are being made in a timely manner.
Conducting weekly meetings for Project reviews that are in development.
Meeting with the CFO weekly and other department heads to discuss improvements to process and effective coordination.
Bachelor of Science in Accounting required with 7+ years of construction and development accounting and managerial experience, CPA a plus. Strong managerial and organizational skills and the ability to work independently are a must. Proficient knowledge of Excel, Word, and Access are required. Yardi and Timberline softwares a plus!
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