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Sr. Accounting Associate
Jordan, UT Portfolio Co Shared Services – Portfolio Co Support Services / Full Time / On-site NOVVA, a leader in hyperscale data centers is looking for an Associate Accountant, Development & Construction. You will be joining a customer focused company that provides tailored, sustainable, secure wholesale enterprise colocation solutions across the country. The ideal candidate will play a critical role in managing the end-to-end accounts payable process in a high volume, fast paced environment.
POSITION PURPOSE: The Sr. Accounting Associate's primary responsibility is to manage financial aspects related to real estate development projects. This role is also responsible for tracking and reporting project expenses, analyzing budgets, preparing financial statements, and ensuring financial compliance throughout the development process. To excel in this role, you should have a strong understanding of real estate development processes, accounting principles, and financial analysis. Attention to detail, excellent communication skills, and the ability to work effectively in a team are also essential for success as a Development Accountant.
RESPONSIBILITIES:
+ Monitor project budgets, expenses, and financial performance.
+ Track and reconcile project costs, invoices, and payments and submit appropriate invoices for payment, including review of GC package (lien releases, coding, contract management, reconciliation to previous application, retention release calculation, etc.) prior to final invoice payment.
+ Handle and process all aspects for construction payables, to include payment tracking.
+ Examine financials against budgets and collaborate closely with appropriate individuals to ensure projects stay on track financially.
+ Take charge of monitoring the timely submission of draw packages to lenders, ensuring a smooth financing process.
+ Support financial modeling for new development opportunities.
+ Prepare financial statements for multiple entities.
+ Ensure financial records are maintained in compliance with accepted policies and procedures.
+ Ensure project spent in job cost detail reconcile to ledger and all monthly close processes are performed accurately and timely.
+ Assist the Accounting team other duties as assigned.
EDUCATION/EXPERIENCE REQUIREMENTS:
+ Bachelor’s degree in finance or accounting, demonstrating a solid understanding of job costs, accounting principles, and financial statement preparation.
+ 5+ years of experience in full cycle GL accounting.
+ Willingness to coordinate schedules, host and attend meetings, and work collaboratively on multiple projects at the same time.
