Staff Accountant – Construction Accounting

Job Description

Staff Accountant | Lotus Company

The Tone:
This is a full-time, in-office role at Lotus Company, located on the 13th floor of our downtown Salt Lake City headquarters. Lotus Company is a full-service builder, developer, owner, and operator dedicated to creating neighborhood communities where people can belong and flourish. With over $1 billion in projects in motion, Lotus leads with intention at every stage, from design and development to construction, management, and community impact, believing that housing is sacred ground. The company also extends its mission through the Lotus Impact Foundation, offering programs that empower residents, and Lotus Hospitality, designing gathering places that cultivate shared humanity. As a Staff Accountant, you play a vital role in supporting the financial health of this growing organization, providing comprehensive accounting and financial support across multiple entities to ensure accurate budgeting, reporting, and compliance with accounting standards. Your work directly contributes to Lotus Company’s mission of cultivating sanctuaries of hope and creating communities where every person is seen, safe, and valued.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person Salt Lake City, UT

• Mission: Ensure accurate budgeting, financial reporting, and compliance with accounting standards, along with supporting cross-functional teams, to advance the company’s mission.
• Tech Stack: Yardi, Intacct, Procore, advanced Excel

What You’ll Actually Do
• Financial Reporting: Prepare and analyze comprehensive monthly, quarterly, and annual financial statements in accordance with GAAP and company policies.
• Close Processes: Manage critical month-end and year-end close processes, including all necessary reconciliations and the preparation of 1099 forms.
• Construction Accounting: Oversee construction accounting functions, including job costing, detailed project cost tracking, progress reporting, and ensuring accurate coding of project costs across systems like Yardi, Intacct, and Procore.
• Draw Management & Vendor Payments: Prepare and review monthly construction draws (G702/G703) and supporting documentation, while coordinating subcontractor payments, joint checks, and lien waivers to ensure proper approvals and compliance.
• Financial Analysis & Collaboration: Assist with project budgets, cost estimates, and cash flow projections, providing financial reporting and analysis to leadership, and collaborating with project managers and development teams.

The Must-Haves
• Background: Entry-level professional holding a Bachelor’s degree in accounting, demonstrating a foundational understanding of GAAP and financial reporting.
• Experience: Minimum of 0–2 years of accounting experience, including proficiency with accounting software and practical experience in troubleshooting accounting platform issues.
• Skills: Possess an analytical mindset, high attention to detail, strong organizational skills, effective communication, and a collaborative team-oriented approach, along with proficiency in advanced Excel.
• Bonus: CPA or CMA certification (or progress toward one) is preferred, as is proficiency in Yardi Voyager.