Posted 1 day ago
Construction Accounting Specialist AR AP
AI Summary
Manages accounts receivable and accounts payable for multifamily construction projects, processing invoices, pay applications, lien releases, and vendor payments while supporting job costing and month-end close.
About this role
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
Requirements
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
Benefits
Client Benefits
- Paid Time Off (Sick & Public Holidays)
- Training & Development
- Performance Bonus Opportunities
Skills
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