Development and Construction Controller

Our company remains guided by its experience and ability to create long-term value in strategically focused markets. We continue to attract the best talent in the industry and remain focused on growing our organization with talented professionals along with our assets.

Our mission is to go above and beyond to build thriving communities and exceptional experiences for our residents, guests, tenants, and teams. Our values represent what we strive to achieve every day. Every decision we have to make is guided by the "4 Be's". Be best in class. Be Solution-Oriented. Be Accountable. Be caring. Come grow with us! 

Summary:

This position is responsible for direct oversight of the development and construction accounting team.  Responsibilities also includes creating and implementing policies and procedures to identify, resolve and document accounting issues in addition to creating procedures to make the close and reporting processes more efficient and accurate.

RESPONSIBILITIES:

• Timely preparation, review and distribution of all monthly financial reporting packages.
• Maintain both stand-alone and consolidated entity financials.
• Oversee the processing of all monthly draw submissions to the lender.
• Oversee the payment to contractors and suppliers when construction draws are funded.
• Oversee communication between the development/construction accountant and the General Contractor/Subs regarding billing issues.
• Review all monthly job cost reconciliations.
• Work with the development/construction accountant to complete the monthly accounting close process including analytical review of the monthly operating results to ensure accurate accounting records are maintained and all variances are identified.
• Develop accounting procedures, job cost budgets and ACR reports for new projects. Oversee their monthly progress reports.
• Oversee cash management functions for the two operating entities and all development/construction projects. Complete all bank reconciliations.
• Maintain general ledger accounts for all projects under construction and the operating entities.
• Work with the development/construction accountant to ensure accurate and timely preparation of job cost data from weekly payroll reports, materials and subcontract billings in order to prepare weekly cost reports for each project.
• Process wires, cashier’s checks and intercompany transfers.
• Oversee all distributions and intercompany payouts (monthly, annually).
• Oversee the accounts payable function for the development/construction company as well as all projects in development/construction. Ensure that all subcontractors and vendors meet all requirements of contract agreement prior to any payments.
• Assist with refinances, closings, acquisitions and dispositions in a fast-paced environment.
• Preparation of work papers supporting the annual tax return.
• Coordinate the preparation of annual tax return with outside CPA firm.
• Prepare internal books for outside auditors in timely fashion (quarterly, annually).
• Review workload and analyze staffing requirements; interviews, selects, trains, counsels and evaluates staff to ensure effective support; reviews the efforts of staff and provides direction where needed, ensuring timely completion of task and projects in accordance with objectives.
• Provide ad hoc reporting as required by the CFO, Development, and Construction on the operating entities and development/construction projects.
• Interface with the accounting and operations staff at the Management Company to ensure the proper hand off between development and operations.

REQUIREMENTS:

• Requires Bachelor’s degree in accounting, MBA or CPA preferred.
• Requires 10 years of experience in financial management with increasing responsibilities for multi-faceted direction and planning. 
• Previous experience as a Controller in a real estate development or construction company is required. Experience with managing multiple projects at one time is required. 
• Requires 2 years of supervisory experience overseeing a team of project accountants. 
• Requires a solid understanding of Generally Accepted Accounting Principles (GAAP) and accounting pronouncements.
• Must possess strengths in verbal and written communications; able to adapt communications/presentations and deliver clear and concise reports and analysis to senior management.
• Yardi Construction software or Timberscan/Timberline experience required. Yardi job cost experience is a must! 
• Highly proficient in Excel.

EQUAL OPPORTUNITY EMPLOYER & EQUAL HOUSING PROVIDER

NO RECRUITERS PLEASE!