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 Development Accountant’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: (including certification, licenses, etc.)
- Bachelor’s degree in finance or accounting, demonstrating a solid understanding of job costs, accounting principles, and financial statement preparation.
- Minimum of 5 years of experience in real estate development.
- Willingness to coordinate schedules, host and attend meetings, and work collaboratively on multiple projects at the same time.
HOW WE FEEL ABOUT DIVERSITY AND INCLUSION:
CIM Group is committed to bringing together humans from different backgrounds and perspectives, providing employees with a safe and welcoming work environment free of discrimination and harassment. We strive to create a diverse & inclusive environment where everyone can thrive, feel a sense of belonging, and do impactful work together. As an equal opportunity employer, we prohibit any unlawful discrimination against a job applicant on the basis of their race, color, religion, gender, gender identity, gender expression, sexual orientation, national origin, family or parental status, disability*, age, veteran status, or any other status protected by the laws or regulations in the locations where we operate. We respect the laws enforced by the EEOC and are dedicated to going above and beyond in fostering diversity across our workplace.
*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group. Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.
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