Construction Draw Specialist
$75,000–$85,000 year
On-site · Hollywood, Florida, United States
Job Summary
Construction Draw Specialist responsible for managing the full cycle of construction loan draws and renovation/capital improvement billings, including AR collections, draw/billing tracking, and reporting. Oversees draw schedules, project budgets, and cost codes; reviews borrower documents to establish draw terms; maintains communication with Construction Department, Project Managers, Accounts Payable, Treasury, and external funding sources to ensure timely draw/reimbursement processes. Produces WIP schedules, Pencil Draws, inspection logs, and supporting schedules; reconciles job costs to GL; prepares monthly internal management reports; assists with subcontractor invoicing and vendor documentation (W-9s, lien releases, certificates); ensures accuracy in general ledger entries and month-end closings; supports procurement, treasury, and accounts payable tasks related to draw responsibilities; requires a Bachelor’s degree in Accounting/Finance, 2+ years construction accounting experience, proficiency with Yardi/Sage 300/Timberscan, GAAP knowledge, and strong analytical skills.
Required Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field
- CPA or CMA certification is a plus
- Minimum of 2 years of experience in construction accounting and construction/loan draw processes
- Proficiency in all details of Loan Draw process with Lenders
- Proficiency in accounting software (Yardi, Yardi CM, Yardi Voyager, Sage 300, Timberscan)
- Advanced MS Excel, Word, SharePoint
- Strong knowledge of GAAP and financial reporting procedures and standards
- Strong understanding of construction project management principles and terminology
- Excellent analytical and problem-solving, and decision-making skills
- High level of accuracy and attention to detail
- Ability to thrive in a fast-paced environment, manage multiple priorities, and meet tight deadlines
- Knowledge of construction contracts, change orders, and procurement processes is advantageous
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