Why This Role Stands Out
This role offers a fantastic opportunity to deepen your expertise in construction accounting and contribute directly to impactful multifamily development projects. You'll thrive here if you have a strong background in AR/AP within the construction sector and excel in a detail-oriented, fast-paced environment. Apply today to join a reputable company and advance your career in finance.
Quick Overview
Job Description
Job Title: Construction Accounting Specialist (AR/AP)
Location: Los Angeles, CA (On-Site)
Employment Type: Full-Time
About the Role
We are seeking a detail-oriented Construction Accounting Specialist for our client in Los Angeles, CA to manage accounts receivable and accounts payable functions for multifamily development projects in Los Angeles. This on-site role is ideal for someone with construction industry accounting experience who understands job costing, lien releases, and the pace of a busy construction office.
Key Responsibilities
- Process vendor and subcontractor invoices, ensuring proper coding to project/job cost codes
- Prepare and issue owner billings, draw requests, and pay applications (AIA G702/G703 preferred)
- Track and manage subcontractor compliance documents (lien releases, certificates of insurance, W-9s)
- Reconcile subcontractor pay applications against contract values, change orders, and retention
- Process check runs, ACH payments, and wire transfers; manage vendor payment schedules
- Monitor accounts receivable aging and follow up on outstanding client/owner payments
- Assist with monthly job cost reports and budget-to-actual reconciliations
- Maintain accurate project accounting files and support month-end/year-end close
- Coordinate with project managers on budget tracking, change orders, and cost coding questions
- Support certified payroll and prevailing wage compliance reporting as needed
- Respond to vendor and client inquiries regarding invoices, payments, and account status
Qualifications
- Minimum 3 years of AR/AP experience specific to the construction industry (multifamily or residential development experience strongly preferred)
- Working knowledge of job costing, retention, lien releases, and pay applications
- Proficiency in Microsoft Excel; experience with construction accounting software (e.g., Sage 300 CRE, Procore, Viewpoint/Vista, Foundation) a plus
- Strong attention to detail and organizational skills
- Ability to manage multiple deadlines and high transaction volume
- Excellent written and verbal communication skills
- Must be able to work on-site full-time in Los Angeles, CA
Preferred Qualifications
- Experience with public works or prevailing wage projects
- Familiarity with certified payroll and Labor Compliance Program (LCP) requirements
Client Benefits
- Paid Time Off (Sick & Public Holidays)
- Training & Development
- Performance Bonus Opportunities
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