Controller - Real Estate Development
Growing real estate development firm is seeking a Controller to oversee all accounting and financial operations at both the project and entity level. This role will be responsible for managing construction financing, invoicing, compliance with lenders and investors, and consolidated reporting for leadership. The ideal candidate will bring strong technical accounting skills, deep knowledge of real estate development finance, and the ability to implement systems and processes that support growth.
Responsibilities
- Prepare and submit lender construction draw requests.
- Review and reconcile invoices, budgets, and supporting documentation.
- Maintain accurate records and strong lender relationships.
- Process and code invoices from contractors, consultants, and vendors.
- Manage approval workflows and payment schedules.
- Ensure timely and accurate disbursements.
- Maintain job cost accounting for development projects.
- Reconcile budgets, track actual vs. projected costs, and report variances.
- Manage accounting for multiple entities (LLCs, LPs, GPs, etc.).
- Deliver monthly/quarterly reporting packages for leadership, lenders, and investors.
- Consolidate project financials into company-level reporting.
- Ensure compliance with GAAP and lender requirements.
- Oversee accounting systems (e.g., QuickBooks, Yardi, MRI, Sage, or similar).
- Implement internal controls for approvals, invoicing, and payments.
- Support audits, tax filings, and investor reporting.
- Provide cash flow forecasts at project and corporate levels.
- Partner with leadership to provide financial insights for decision-making.
- Assist in pro forma vs. actuals analysis.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field (CPA or MBA preferred).
- 5+ years of accounting experience, ideally in real estate development, construction, or private equity.
- Strong knowledge of job cost accounting, construction draws, and entity structures.
- Proficiency with accounting software (QuickBooks, Yardi, MRI, Sage, etc.).
- Excellent organizational, analytical, and communication skills.
