Accountant

This is a fully remote position, open to applicants in Philippines.

📋 Description

• Oversee daily accounting tasks for real estate development, construction projects, and property management.

• Ensure accurate financial documentation through QuickBooks, Xero, and other relevant accounting software.

• Supervise accounting for various construction projects, developments, and properties.

• Monitor project expenditures and maintain precise job costing for each construction endeavor.

• Document and classify labor, materials, subcontractor expenses, permits, professional fees, and other development costs.

• Compare project budgets with actual construction and development expenditures.

• Detect cost overruns, discrepancies, and atypical project costs.

• Generate financial and profitability reports at the project level.

• Maintain distinct financial reports categorized by property, project, development, or business entity.

• Oversee accounts payable, ensuring that vendor and subcontractor invoices are accurately allocated to the corresponding project.

• Review invoices, purchase orders, receipts, and supporting documents for correctness.

• Coordinate and monitor payments to contractors, subcontractors, suppliers, and vendors.

• Manage accounts receivable and keep track of outstanding balances.

• Issue invoices as necessary.

• Monitor rental and leasing income from company-owned properties.

• Document property-related operational costs, maintenance expenses, utilities, taxes, insurance, and other outgoings.

• Perform monthly reconciliations of bank accounts, credit cards, loans, and other financial accounts.

• Reconcile transactions among QuickBooks, Xero, bank accounts, and supporting documentation.

• Maintain a precise Chart of Accounts suitable for construction and real estate activities.

• Assist in establishing new properties, projects, entities, vendors, and accounts within the accounting framework.

• Track construction draws, project funding, deposits, and development expenditures.

• Aid in fulfilling construction loan and lender reporting obligations.

• Keep records related to property acquisitions, development costs, finalized projects, sales, and rental properties.

• Track deposits, closing costs, and other financial transactions related to property dealings.

• Maintain accurate records of fixed assets and capital expenditures.

• Support budgeting, forecasting, and cash flow management initiatives.

• Prepare monthly Profit & Loss Statements, Balance Sheets, Cash Flow Statements, and project-specific reports.

• Provide leadership with financial insights displaying project costs, budgets, profitability, and cash status.

• Audit financial records for missing transactions, duplicate entries, incorrect classifications, and other inconsistencies.

• Rectify and improve historical bookkeeping and accounting records as necessary.

• Keep financial documentation organized, including invoices, contracts, receipts, statements, and vendor information.

• Maintain contractor and vendor details and assist in 1099 preparation.

• Help with payroll-related accounting and labor cost distribution when applicable.

• Collaborate with CPAs, tax advisors, lenders, and other financial professionals.

• Prepare well-organized year-end financial records for tax reporting.

• Uphold strong internal controls and precise financial processes.

• Perform additional accounting, real estate, construction, and financial tasks as assigned.

⛳️ Requirements

• Up to 2 years of accounting experience, ideally in real estate development, construction, general contracting, property management, or real estate investment.

• Strong comprehension of real estate and construction accounting principles.

• Significant hands-on experience with QuickBooks.

• Experience with Xero is highly preferred.

• Extensive background in construction job costing and project accounting.

• Proven experience in tracking construction budgets, actual costs, and project profitability.

• Knowledge of development costs, contractor payments, vendor management, and construction expenditures.

• Familiarity with property-level and rental accounting practices.

• In-depth understanding of accounts payable and accounts receivable processes.

• Experience completing monthly bank and credit card reconciliations.

• Proficient in preparing Profit & Loss Statements, Balance Sheets, and cash flow reports.

• Strong skills in Microsoft Excel and Google Sheets.

• Knowledge of multiple entities and intercompany transactions is highly preferred.

• Familiarity with construction draws and development financing is preferred.

• Strong analytical and problem-solving skills.

• Exceptional attention to detail and financial accuracy.

• Ability to manage multiple projects, properties, entities, and deadlines concurrently.

• Capacity to work independently and communicate financial information effectively to leadership.

• Preferred experience working directly with business owners, project managers, contractors, CPAs, and financial institutions.

🏝️ Benefits

• Competitive salary.

• Opportunity to influence the HR function of a rapidly expanding BPO.

• Collaborate closely with a team of industry leaders who have successfully scaled BPOs in the past.

• Opportunities for career growth and professional development.

• Remote position.