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