Project Accountant


: $74,730.00 - $113,690.00 /year *

Employment Type

: Full-Time


: Accounting

Project AccountantThe Penn Group of Companies ( is currently seeking a qualified candidate to fill the Project Accountant position based at the companys headquarters in Bala Cynwyd, Pennsylvania.

Company InformationThe Company owns and manages over 1,000,000 sf of commercial real estate and hotel projects located primarily in the northeastern United States, along with eight utility-scale solar farms in Canada and Vermont. We are a growing company, continually adding new and diverse assets to our portfolio. We are hiring talented people to our team as we successfully develop assets and expand our portfolio.

Position DescriptionThe Project Accountant will be an integral part of a small team with responsibility for daily accounting, report and analysis preparation, hospitality and lender reporting, and other assignments in support of the successful operation, growth, maintenance and development of the portfolio.

Position ResponsibilitiesThe Project Accountant will be responsible for a variety of work duties that will include, but are not limited to, the following:

Perform general ledger accounting transactions using Yardi and M3.Prepare financial statement write-ups both at the project and aggregated entity levels.Conduct periodic analyses for management review.Propose recommendations to management as well as evaluating potential transactions, and interact with outside auditors and tax preparers.Produce full and detailed financial statements and reports for various entities, provide all supporting documentation required by lenders and other project parties.Prepare budgets, tax and cash flow projections and financial modeling reports as needed.Other tasks as directed.

RequirementsBachelor's degree in AccountingAt least 3 years of accounting experience.Experience in a combination of commercial real estate, construction and hospitality industries.International accounting experiences a plus.Experience with construction project reporting and debt structures, budgeting and tracking financial metrics as it relates to servicing project financing debt a plus.Proficient at using Yardi accounting software and Microsoft Office.Above-average Excel skills.Strong analytical capabilities.

Characteristics of the Successful CandidateA self-starter:he/she takes ownership of his/her responsibilities and can be relied upon to independently follow through on agreed plans to the finish.An active and constructive communicator:The Project Accountant can write and communicate clearly and succinctly; he/she will operate transparently, clearly conveying his/her intentions at all times.Has high standards for the quality of his/her work: The Project Accountant will have the experience to tell the difference between unacceptable, acceptable and excellent work product.A lifelong learner: Possesses excellent observation and research skills and learns from his/her mistakes. Understands the domain but is open to learning and applying new concepts.Proven Problem Solver: Capable of properly diagnosing problems and addressing the root causes using elegant and pragmatic solutions.Pays attention, absorbs when taking direction and working with others, and responds appropriately to the details in everything.Works well under deadline pressure, prioritizes and manages his/her time effectively.

CompensationCompensation will be competitive and commensurate with experience. It will include a base salary as well as an annual performance bonus.

Application InstructionsIf you are interested and qualified for this role, please send your resume summarizing your relevant experience and salary history to ...@penngroup.netfor consideration by the Company.

Principals only; no phone inquiries, please. * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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