Company: CGI+ Real Estate Investment Strategies
Position: Project Accountant/Contract Administrator
Location: Los Angeles
The Company
CGI+ is a boutique multifamily real estate investment and development firm based in Los Angeles. The firm’s existing portfolio includes multifamily, extended stay corporate housing, hospitality and retail assets located in California and in key cities throughout the U.S.For more details, visit CGIPlus.com.
The wellness and health of our associate’s is most important to us and therefore the whole company takes one week off end of the year to recharge and spend time with family and friends. In addition we cover the full portion of the employee’s medical premium. We are hybrid (twice a week in the office and three times a week remote). When in the office we offer weekly catered lunches.
The Project Accountant/Contract Administrator’s primary responsibility is to manage day to day tasks associated with Construction accounting and being a liaison between Development Dept and the Accounting Dept. The Project Accountant compiles construction loan draws, input budget, contracts, payables, collect various compliance documentation, prepare bank reconciliations.This position reports to the VP of Accounting, Construction.
Primary Duties
- Budget & Contract Management - Entering budgets, contracts, change orders into accounting system, process Internal Budget Adjustments in Yardi that have been approved by the project manager
- Manage and obtain all construction related compliance documentation from subcontractors and enter required information into the accounting system (including but not limited to conditional and unconditional releases and insurance information)
- Prepare draws for projects
- Vendor Management - Processing payments for subcontractors, keep track of accounts payable ensure the vendors are paid on time,
- Bank account reconciliation
- Provide a supportive role to managers and staff which includes working as a liaison with internal departments to facilitate communication between the Development department and others—such as Accounting, Legal, and Human Resources.
- Maintain project and/or management files according to the established criteria related to contracts, documents, correspondence, agreements, reports, etc.
- Review invoices related to project expenses including but not limited to verifying invoice amount is within budget and in compliance with contract or agreement, invoice coding is consistent with the internal accounting system
- Coordinate the processing of new contracts including but not limited to, forwarding appropriate templates, monitor the contract process to completion, review final document for full execution and verify coding, and review insurance certificates to ensure compliance with the project standards
- Assist senior staff in the preparation of monthly/yearly closings and any other accounting related projects
- Other duties as assigned
What You’ll Need
- Bachelor’s degree in Real Estate accounting highly preferred or;
- Minimum of three years first-hand experience in as a contract administrator, construction accountant or similar role in a real estate development, construction, engineering, or architectural firm.
- Prior Yardi Voyager experience required.
What Offer In Return
- Hybrid work (2 days in office/3 days remote).
- Generous time off; Vacation, Sick, Birthday Day, Holidays and one additional week off end of the year to recharge and spend time with family and friends!
- We cover the full portion of our employee’s (Medical, Dental, Vision). We offer 401(k) retirement savings, Group-Life and AD&D.
- Career development and growth opportunities.
- Complimentary weekly lunches and fully stocked kitchen.
