Assistant Project Accountant, Construction

🏢 Rexfordindustrial · 📍 Los Angeles, CA -Hybrid · 💼 hybrid 💰 $36 - $43 / yr
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Position Summary & Responsibilities

Rexford Industrial Realty, Inc. (NYSE: REXR) is a leading, publicly traded industrial real estate investment and management company operating a $14 Billion industrial real estate portfolio.

Assistant Project Accountant, Construction

The Assistant Project Accountant supports the financial administration of construction and development projects from the owner's side. Working under the guidance of more experienced project accounting team members, this role assists with project setup, budget and cost tracking, invoice and pay application processing, contract and change order administration, monthly reporting, and project closeout. The Assistant Project Accountant works closely with the Development & Construction team (DCM), Accounts Payable, Asset Management, and other internal stakeholders to help maintain accurate records, timely processing, and effective financial controls throughout the project lifecycle.

Location: Hybrid – Los, Angeles, CA or Costa Mesa, CA

Work Arrangement: This role requires a minimum of two days per week in the office, with additional in-office presence based on business needs. The position also requires regular visits to company properties as needed to support operational and business priorities.

Responsibilities:

  • Assist with setting up and maintaining project cost codes, budgets, commitments, and financial records in Yardi and related project management systems.
  • Enter and update approved budgets, contracts, work orders, service orders, and change orders; confirm that supporting documentation is complete and accurately reflected in project records.
  • Review vendor, consultant, and contractor invoices and pay applications for coding, required approvals, contract alignment, and supporting documentation; route items for approval and follow up on outstanding information.
  • Maintain contract, commitment, change order, invoice, and payment logs and support accurate, timely status reporting.
  • Assist with tracking project budgets, actual costs, committed costs, and forecasted spend; identify discrepancies and support budget-to-actual variance analysis.
  • Support monthly Construction in Progress (CIP) reporting by compiling project activity, reconciling supporting schedules, and researching variances.
  • Assist with budget r
🎯 Candidate Preparation Guide For Rexfordindustrial Applicants

Key Role Competencies & Evaluation Highlights

Key Role Focus:

Testing deep sub-market real estate expertise, asset-level underwriting precision, and value-add industrial property execution in Southern California.

📋 Preparation Priorities (Key Areas to Clarify):
  • 1. Generic real estate knowledge without specific familiarity with infill industrial logistics dynamics
  • 2. Sloppy financial underwriting or missing critical capex assumptions in asset models
  • 3. Inability to speak fluently to local zoning, entitlement, and environmental regulations
✨ Recommended Role Alignment Hook:

I specialize in uncovering and executing high-yield value-add opportunities within supply-constrained infill industrial markets.

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