Staff Accountant

Job Location: Clifton, NJ 

Work Setting: Full-time, must be able to report to the office. Will have the ability to work from home once per week. 

Compensation: $65,000 to $85,000 + bonus

Benefits: Medical, Dental, Vision, 401(k) match, PTO + sick/personal time

Education: Bachelor’s degree in accounting or finance

Desired Experience: 

• Budget reconciliation before and after land/construction closing.
• General accounting duties, including accounts payable for development projects.
• Prompt responses related to development draws and lender’s budget.
• Preparation and monitoring of lender’s draw requests and funding.
• Communication with lenders and JV partners to manage funding and draw requests, providing timely responses to questions and inquiries.
• Management and maintenance of all development vendors’ payment schedules.
• Setting up cost monitoring and draw tracking schedules.
• Maintaining draw files and invoice files.
• MRI and Avid experience a plus

Job Highlights: 

These responsibilities require someone who is a motivated and organized critical thinker, capable of providing full-scope project financial oversight and related reporting, including administration, accounting, budget variances, coordination with development, vendors, controllers, and lenders. 

It’s also important for the accountant to establish relationships with construction people at the banks and with inspectors, demonstrate good communication skills, and be able to interact smoothly with JV Partners in a fast-paced environment.