Project Accountant

Terra Description

Terra, the award-winning, Miami-based real estate development company carefully chooses projects that have a positive impact on their surroundings and, by extension, on the people who live there. When planning a new development, Terra takes a dynamic role with the city and neighborhood to activate its potential as a community, maximizing the way in which people are able to live and work; creating new and innovative ways for the urban & suburban landscape to evolve. The firm has cultivated a portfolio of more than five million square feet of residential and commercial real estate valued in excess of $8 billion and is active across all major real estate asset classes, including multifamily apartments, luxury condominium and single-family residences, retail and office space, hotels, and industrial properties. Terra has achieved international acclaim for its commitment to design excellence, resiliency measures, and sustainable development and has been continuously transforming South Florida into the prosperous metropolis we know today.

Qualifications 

• Bachelor’s degree in accounting is preferred but not required.
• Experience in the Real Estate, Development, construction, sector is highly preferred.
• Yardi experience is a plus.
• Proficient in Microsoft Office.
• Demonstrates attention to detail, accuracy and thoroughness.
• Good communication skills.
• Time management skills are essential.
• Identifies and resolves problems in a timely manner. 
• Strives to continuously build knowledge and skills
• Works with integrity and ethically; Upholds organizational values.
   

Terra Employee Perks

As a team member at Terra, you’ll enjoy:

• Career advancement and bonus opportunities
• Comprehensive benefits package, including health, vision, dental insurance, and FSA (Flexible Spending Account).
• Employer-paid life and disability insurance.
• Employer matching 401k.
• Employee team building events.
• Company paid monthly lunches.
• Paid Time Off and paid Holidays

General Responsibilities

• Prepare monthly owner loan draw packages and Capital calls for assigned projects.
• Compiles supporting documentation required for multiple loan draws. (Invoices, Contractor Pay Apps, Change Orders, COI’s, ROL’s).
• Review contractor payment application packages to ensure accuracy and completeness. 
• Track all vendor lien releases, including GC lower tier (Prepare Designers & Professional Lien Releases in exchange with Payment).
• Process high volume accounts payable invoices in Yardi workflow for assigned projects.
• Ensure all W-9’s are received from vendors. 
• Record all payments - wires, E-checks and Online Payments to ensure cash balance is reflected properly.
• Reconcile monthly bank reconciliations with project transactions to maintain accurate cash balances.
• Reconcile project job costs accounts.
• Prepare monthly Journal Entries for multiple projects.
• Update quarterly workpapers for assigned projects.
• Assist Controller with project financial statements preparation.
• Respond promptly to project team and vendor requests.
• Compile information needed for preparation of year-end tax/audit prep files.