Controller
4 weeks ago
Key Responsibilities:
- Financial Reporting:Prepare and analyze monthly, quarterly, and annual financial statements for the real estate portfolio and construction projects, including income statements, balance sheets, and cash flow statements.
- Budgeting and Forecasting: Develop and manage budgets and forecasts for real estate properties and construction projects, collaborating with project managers and stakeholders to ensure accurate cost tracking and forecasting.
- Cash Management:Monitor cash flow and funding requirements for real estate and construction activities, coordinating draw requests, progress payments, and construction loan disbursements.
- Construction Accounting: Implement and maintain accounting policies and procedures specific to construction projects, including job costing, WIP (Work in Progress) schedules, and revenue recognition in accordance with industry standards.
- Financial Analysis: Conduct detailed financial analysis of real estate properties and construction projects, including variance analysis, cost-to-complete assessments, and profitability analysis, providing actionable insights to project teams and senior management.
- Tax Compliance: Ensure compliance with all tax regulations and reporting requirements related to real estate and construction activities, including sales tax, use tax, and cost segregation studies.
- **Internal Controls**: Establish and maintain robust internal controls and procedures for real estate and construction accounting processes, ensuring accuracy, transparency, and compliance with regulatory requirements.
- Audit Management: Coordinate external audits of real estate properties and construction projects, providing support and documentation as needed to auditors and addressing findings in a timely manner.
- Team Leadership: Lead and mentor a team of accounting professionals, including real estate accountants, construction accountants, and project controllers, fostering a culture of collaboration, accountability, and continuous improvement.
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field; CPA certification preferred.
- Minimum of 7 years of progressive experience in real estate accounting, construction accounting, and financial management, with at least 3 years in a supervisory or managerial role.
- Thorough understanding of real estate and construction accounting principles, including GAAP requirements for revenue recognition, cost accounting, and percentage-of-completion method.
- Proficiency in real estate software and ERP systems, as well as construction management software.
- Excellent analytical skills with the ability to interpret complex financial data and communicate insights effectively.
- Proven leadership abilities with a track record of building and developing high-performing teams.
- Detail-oriented, organized, and able to prioritize tasks in a fast-paced environment.
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