Assistant Controller – Development & Construction

Rapidly growing multifamily & affordable housing developer is seeking a detail-oriented and proactive Assistant Controller to join its accounting and finance team. This role will support the financial management of real estate development and construction projects, with a focus on affordable housing. The ideal candidate will ensure accurate financial reporting, manage project accounting, and support the successful closing and conversion of projects from development through stabilization.

Responsibilities:

• Support development projects through due diligence, financial analysis, and insurance documentation tracking
• Review and prepare monthly construction draw packages and closing draws
• Set up new projects in the RealPage ERP system
• Prepare cost certifications and place-in-service (PIS) entries
• Lead efforts to convert construction loans to permanent financing
• Track and collect capital contributions from partners and investors
• Ensure compliance with Low-Income Housing Tax Credit (LIHTC) regulations
• Provide timely monthly, quarterly, and annual financial reports
• Assist with invoice coding, job cost reconciliation, and audit preparation
• Maintain insurance documentation for all development projects
• Train and support accounting staff
• Respond to stakeholder and auditor requests as needed

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field
• 4+ years of accounting experience within real estate development; public accounting experience is preferred
• CPA a plus
• Strong understanding of construction/development accounting and job cost tracking
• Experience with ERP systems (RealPage preferred)
• Familiarity with LIHTC regulations and affordable housing compliance
• Proficient in Microsoft Excel and financial reporting tools
• Strong communication, organization, and problem-solving skills
• Ability to manage multiple projects and deadlines independently