Construction Portfolio Manager I - Accounting

JOB SUMMARY:
Zaremba Group’s accounting team has an immediate full-time opening for a Construction Portfolio Manager. The successful candidate will primarily be responsible for managing the construction funding process for a portfolio of single-tenant retail development projects. Based upon the candidate’s skill level and prior work experience, the candidate may also be responsible for assisting with other accounting functions

ESSENTIAL FUNCTIONS:

  • Prepare, submit, and track monthly construction loan draws with lenders for a dynamic portfolio of single-tenant construction projects.
  • Ensure the general contractor’s application for payment and supporting documentation are complete and accurate.
  • Verify the accuracy of invoice coding in the accounting system and coordinate with lenders to ensure timely funding of draws.
  • Resolve construction and risk issues as needed to facilitate the timely completion of projects.

ADDITIONAL RESPONSIBILITIES:

  • Prepare monthly equity draws to equity partners.
  • Perform monthly cash reconciliations.
  • Assist with the accounts payable function.
  • Verify, pay, and record monthly interest and loan payments on the construction portfolio.
  • Pay real estate tax bills for active projects, prepare tenant reimbursement invoices, and monitor reimbursements.
  • Special projects and other accounting functions, as needed.

QUALIFICATIONS:

  • Bachelor’s degree in Business Administration, Economics, Accounting or Finance, or equivalent work experience.
  • Experience in real estate development/construction accounting preferred.
  • Detail-oriented with a high level of attention to financial accuracy.
  • Working knowledge of MS Office Suite, including MS Outlook.
  • Introductory MS Excel knowledge.
  • Excellent verbal and written communication skills.
  • Strong work ethic, including the ability to multitask, prioritize, and meet deadlines, and work with minimal supervision.
  • Ability and desire to work closely with colleagues within a collaborative, entrepreneurial, and fast -paced environment
  • Results -oriented, motivated self-starter
  • Strong problem-solving, creative skills, and the ability to exercise sound judgment and make decisions based on accurate and timely analyses
  • Sage 300 CRE / Timberline accounting software experience is a plus.
  • PeopleSoft and SAP experience is helpful.

PREFERRED QUALIFICATIONS:

  • Prior experience in the real estate industry.
  • Demonstrated ability to multitask in a fast-paced environment.

 

If you are interested in this position, please send your resume to HR@zarembagroup.com

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