Note: The job is a remote job and is open to candidates in USA. AVAIO Digital is hiring a Senior Development Accountant to manage financial tracking for development and construction projects. The role oversees budgets, forecasts, lender draws, cash flow, reconciliations, reporting, and Yardi data quality while supporting project teams and lenders.
Responsibilities
- Own budget, commitment, actual and forecast tracking for assigned development and construction projects, including coding of development costs and operating capital expenditures in Yardi or a similar project management solution
- Own the monthly progress draw cycle: review pay applications with Project Managers and Project Controls, confirm backup is complete, and prepare and submit monthly draw packages to lenders
- Maintain subcontractor contracts, change orders, retainage and lien waivers, and track vendor insurance compliance
- Investigate and explain variances between budget, commitments, actuals and forecast, and communicate findings to Project Managers and the VP Construction Accounting
- Prepare cash flow analyses, monitor project liquidity, and process funding requests
- Support monthly accruals, bank reconciliations, the periodic reporting cycle and annual audits
- Reconcile quarterly intercompany transactions, including development fees, and outstanding commitments
- Sustain Yardi data quality through regular review of inputs, outputs and workflows
- Support the contracting process in partnership with the Project Managers
- Grow into a Yardi Subject Matter Expert (SME), supporting internal and external Yardi users and coordinating between them
Skills
- Self-directed and accountable: manages a full workload and meets close and draw deadlines independently in a remote setting
- Exceptional attention to detail and strong analytical skills, with accurate, well-documented deliverables
- Clear written and verbal communication; able to work credibly with Project Managers, lenders and vendors
- Bachelor's degree in accounting, finance, or a related field
- 3+ years of experience in development, construction or real estate accounting
- Working knowledge of construction accounting: job cost accounting, committed costs, retainage, change orders, AIA pay applications, lender draw packages and lien waivers
- Advanced Microsoft Excel and PowerPoint skills
- Yardi and/or Procore experience (Sage, Viewpoint, Foundation or similar ERP experience also valued)
- CPA, and experience with data center, large-scale development or construction lending
Benefits
- The role is fully remote with about three days of travel per month.
- Eligible for an annual performance bonus, prorated in the first year.
- A clear path to deepen your expertise in Yardi and Procore as the platform scales.
Company Overview