Trammell Crow Residential

Project Accountant

Position Summary

Trammell Crow Residential (TCR) is a national multifamily real estate developer. Over 40 years, TCR has built over 250,000 premier multifamily residences, delivering amenity-rich communities in economically thriving locations nationwide. With 15 regional offices, TCR provides an on-the-ground presence, deep network, and an understanding of local market dynamics. TCR’s longstanding reputation is built on quality, entrepreneurship and operational excellence. TCR is part of Crow Holdings, a privately owned real estate investment and development firm with a 70-year history and a proven track record of performance and innovation. The founding principles of partnership, collaboration and alignment of interests remain central to the firm’s mission today.

The Project Accountant will be responsible for managing the flow of financial information from the beginning of Development to the completion of Construction projects. This position reports to the Manager of Project Accounting.

Primary Responsibilites

  • Validation of Subcontractor payment requests & supporting documentation
  • Review all payable requests for accuracy and determine if within budget, code appropriately and obtain necessary approvals
  • Upload all weekly overhead invoices, monthly Subcontractor draw invoices and special check requests as needed into the invoice routing system
  • Manage payments and compliance for all draws, overhead invoices, and check requests
  • Ensure accuracy of Supplier joint check requests
  • Audit job cost reports for cost overruns and discrepancies
  • Process project budget revisions
  • Process Owner Change Orders
  • Release Subcontractor retainage payments per company guidelines
  • Audit invoices as necessary
  • Work closely with the Project Management team, Vendors and Subcontractors to research and resolve any discrepancies
  • Review and distribute monthly Project specific loan draws
  • Liaison with bank and development team regarding loan draws and necessary documentation
  • Assist project teams with any questions or needs related to the accounting department
  • Meet all required payable and draw deadlines
  • Attend pencil meeting with Owner, Lender’s Inspector, and or/architect to ensure proper and accurate pay application per contract terms as required
  • Enter budget in Timberline
  • Internal reporting to executive management
  • Work with corporate accounting to determine draw schedules
  • Weekly overhead invoice approvals
  • Maintain project tracking logs
  • Other projects as needed

Desired Skills & Experience

  • Bachelor’s degree in Business, Finance, Accounting, Construction Management, or equivalent experience required
  • 2-5 years of experience in the construction industry in an accounting capacity preferred
  • Proficiency in Microsoft Outlook, Word & Excel programs required. Experience with Timberline and/or Yardi accounting software preferred.
  • Experience with AIA documents (specifically G702 and G703)
  • Knowledge of California construction procedures, rules & regulations
  • Experience working in a fast-paced environment with the ability to meet daily deadlines
  • Excellent time management and organizational skills, with a commitment to accuracy and attention to details
  • Highly effective written and verbal communication
  • Strong interpersonal skills with the ability to take initiative, multi-task, be a team player and adapt to shifting priorities

Click here to apply.

This overview is designed to introduce Crow Holdings and its various operating companies. Crow Holdings Capital is a U.S. SEC registered investment adviser and is the manager to the Crow Holdings Capital Funds. Crow Holdings Partners is a division within Crow Holdings Capital. Crow Holdings Capital, Trammell Crow Residential, Crow Holdings Industrial and Crow Holdings Office are operated separately and independently from one another with separate senior leadership and investment committees. SEC registration does not imply a certain level of skill or training.