Project Accountant (Real Estate)

Project Accountant (Real Estate)

Our client, a well-established company in the real estate development industry, is looking for a Project Accountant to oversee project financials, budgeting, cost monitoring, and accounting operations across multiple development projects.

This role is ideal for an accounting professional with a strong background in real estate development who has experience managing project costs, financial reporting, budget controls, and ensuring the financial integrity of construction and property development projects.

Location: Mandaluyong

Work Setup: Onsite

Job Responsibilities

• Manage the full accounting cycle for assigned real estate development projects.
• Monitor project budgets, costs, expenditures, and cash flow to ensure financial targets are achieved.
• Prepare and analyze project financial reports, budget variance reports, and cost performance analyses.
• Coordinate with project managers, construction teams, and other stakeholders regarding project financial matters.
• Review and validate project-related billings, progress billings, contractor payments, and supplier invoices.
• Ensure accurate recording of project costs, accruals, and accounting entries in compliance with company policies and accounting standards.
• Assist in project budgeting, forecasting, and financial planning activities.
• Support month-end and year-end closing activities related to project accounting.
• Ensure compliance with government regulations, tax requirements, and audit standards.
• Provide financial insights and recommendations to support project profitability and management decision-making.

Job Qualifications

• Bachelor's degree in Accountancy, Finance, or a related field.
• CPA preferred
• Minimum of 3-5 years of experience in Project Accounting within the Real Estate Development industry.
• Strong understanding of project accounting, cost accounting, budgeting, and financial reporting.
• Experience handling construction costs, development projects, progress billings, and project financial controls.
• Proficient in accounting systems and Microsoft Excel.
• Strong analytical, problem-solving, and financial management skills.
• Excellent communication and stakeholder management abilities.
• Highly organized with strong attention to detail and the ability to manage multiple projects simultaneously.
• Experience working with real estate developers, construction companies, or property development firms is required.