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Construction Accountant/Admin

Saint Louis, MO | Midas Corporate Office

Job Description


Midas Hospitality, LLC, which was established in 2006, has quickly become one of the premier hospitality management groups in the Midwest. Midas executives have a combined 90+ years of experience in superior hotel development, professional asset management and hotel accounting services. We have developed, opened and managed numerous properties including Marriott, Courtyard by Marriott, Fairfield Inn & Suites, Sheraton Hotels, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites, Hilton, Hampton Inn, and aloft by Starwood. We are a growing company and are looking for a candidate who will grow with us. Please visit our website at www.midashospitality.com


Summary: Construction Accountant/Admin is to assist construction department with timely and accurate information reporting including responsibilities for job cost tracking, construction draw management, balance sheet reconciliations, processing bank draws, research, and communications with project manager on project status and payment approvals.


Essential Duties and Responsibilities:

  • Responsible for the processing, reviewing, tracking, and general ledger posting of construction draws for multiple projects
  • Maintaining payment draw files and invoice files
  • Communicate with project managers, vendors, subcontractors and external parties to manage draw requests/requirements.
  • Communicate with clients and lenders to manage funding and draw requests, provide timely responses to questions and inquiries.
  • Perform bank reconciliations and assist with balance sheet reconciliations and other monthly internal management reports.
  • Calculate and invoice general contracting fees and allocate payroll to projects
  • Responsible for construction accounts receivable tracking, management and reporting
  • Assist in the development/enhancement of project reporting
  • Assist with construction project analysis reporting
  • Assist with special projects as needed
  • General accounting including accounts receivable, accounts payable, payroll, job costing and general ledger posting
  • Process accounts receivable and understand the construction billing and collection process
  • Work with project managers on billing verification
  • Prepare deposits
  • Process accounts payable from invoice to payment, beginning with coding invoices to the appropriate job number, cost code, gl account # and distributing invoices to managers for approval
  • Reconciliation of vendor statements and customer payments
  • Lien waiver maintenance and subcontractor insurance verification
  • Job cost tracking, analysis and reporting
  • Maintain filing system for projects
  • Assist with payroll processing
  • Prepare sales tax returns and understand practical application of sales tax regulations
  • Maintain all business and contractor licenses
  • Admin for development/construction department
  • Interface with senior management on all aspects of construction accounting
  • Respond to inquiries from owners and managers.



  • Associate’s Degree in accounting, finance or related filed or equivalent



  • 5+ years’ experience in the accounting/finance, preferably in the construction/development industry.



  • Credibility, ethical, full disclosure and clean financial history
  • Conscientious about timeliness of assignments and quality of work product
  • Possess exceptional written and verbal communication skills, including ability to articulate recommendations in a concise and timely manner
  • Able to handle multiple tasks and maintain control and order over same
  • Exceptional work ethic
  • Strong organization skills
  • Confidentiality
  • Conscientious about timeliness of assignments and quality of work product







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