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Accountant Sr-Capital Projects

Charleston, SC 29401

Job Description
The senior capital projects accountant will be responsible for cash management, capital transactions, financial reporting, audit support, project creation and closeout, and other general functions. This position will also be required to master all the duties of a staff accountant and to be of support to those in the staff accountant role.

Cash Management - Verifies that the staff is appropriately overseeing the day to day cash transactions of each project that is assigned. This activity includes but is not limited to daily oversight of bank accounts, understanding the online banking platforms, entering transactions into Yardi and on the Cash Spreadsheet on a timely basis; managing the intercompany bill-backs and accounts payable process, setting up and inputting wire/ACH transactions, and completing monthly bank reconciliations. Reviews bank account reconciliations.

Capital Transactions - Ensures that equity contributions tracked by the team match those tracked by the fund and staff accountants.

Financial Reporting - Ensures that all fixed asset entries, including depreciation, as well as all fee revenue entries, are posted in the appropriate month and meet the deadline given by the other investment accounting groups. Ensures that each property’s renovation costs for the month are posted in the correct post month and are coded according to the approved budget. Reviews fixed asset tie outs on a monthly basis to ensure all capital transactions are being recorded appropriately. Responds to ad-hoc reporting requests from various stakeholders. Works to ensure consistency of the deliverable amongst the team. Ensures that all reforecast files and other budgetary tools are consistent across portfolios and are supplied timely and accurately for review.

Audit Support - On an annual basis, or in accordance with the legal agreements, supplies information and reporting as requested. Ensures accuracy of requested reports and upload them to the auditor’s designated site.

Yardi - Knows how to enter journal entries and post fees, run reports for analytics as well as reporting, and use the Job Cost module for project budgeting and costing. Reviews the draw presentation from the staff and providing meaningful review feedback and support throughout the month as the draw progresses. Reviews available reports in Yardi and analyzes opportunities for improvement to the process.

Project Creation and Closeout - Assists with the set-up of new renovation projects as they are assigned. Selects and assigns a job number, reconciling versions of the capital budget from multiple sources, sets up the first draw and requesting a new bank account, all completed by the staff but reviewed by the senior. Is familiar with the Construction Management Agreement for the involved entity and should see to it that fees are set to calculate correctly. Upon completion of the renovation project and/or disposition of the asset, reviews the Closing a Project Checklist in order to ensure that the project has been closed out successfully.


Bachelor’s degree in accounting or in a related field (Finance, General Business, etc).


2 to 4 years of directly related experience.

Demonstrated proficiency in word processing, spreadsheet, property management (Yardi), and database management programs in order to complete required reports.

Demonstrated ability to complete financial records and other fiscal and accounting reporting information.

About us
Greystar™ is the global leader in multifamily real estate, offering expertise in property management, investment management, and development and construction of rental housing. Established in 1993, Greystar™ is the largest property management operator in the world. Its dedicated team members and a commitment to hiring the very best multifamily professionals has resulted in record growth, making Greystar™ one of the most respected and trusted real estate companies. EOE.

Benefits provided

 Health Insurance

 401k Match

 401k Retirement Plan

 Dental Insurance

 Short Term Disability

 Long Term Disability

 Personal Days

 Internal Training Programs

 Optical Insurance

 Bonus Programs

 Life Insurance

 Paid Vacations

 Intern Programs

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