Construction Draw Specialist
$75,000–$85,000 year
On-siteHollywood, Florida, United States or Hollywood, California, United States
Job Summary
Conduct timely and accurate construction loan draws, renovation billing, and AR collections for general contractor billings. Track, record, and report billing and funding for draw requests while reviewing borrower documents to establish proper terms. Maintain professional communication with the Construction Department, project managers, and external funding sources to ensure process accuracy. Create and maintain effective draw schedules, worksheets, WIP schedules, inspection logs, and project budgets by cost codes. Reconcile job costs to GL accounts, record journal entries, and perform monthly account reconciliations and closing procedures. Prepare monthly internal reports for management review and assist with subcontractor management and vendor W-9 verification.
Required Qualifications
- Bachelor's degree in Accounting, Finance, or a related field
- 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)
- Advance in 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
Desired Qualifications
- CPA or CMA certification is a plus
- Knowledge of construction contracts, change orders, and procurement processes is advantageous
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