Finance & Accounting

Development Controller

$175K/yr - $200K/yr + Bonus
New York, NY (On-Site)
Full Time

Our client, a fast-growing developer of luxury multifamily apartments in NYC, is seeking a Controller. The successful candidates will oversee all finance and accounting functions for the firm. This company has a friendly, collaborative work environment and can offer significant potential for professional growth in addition to an attractive benefits package.

Responsibilities:

  • Manage accounting team and oversee daily, monthly, and annual accounting activities for luxury development projects
  • Coordinate with internal and external parties to execute cash transactions such as capital calls, investor distributions, and property acquisitions/sales and ensure accurate recording of journal entries in accounting software
  • Oversee all processes involving requisitions and AIA billing processes
  • Manage the coordination and execution of quarterly and annual reporting processes
  • Respond to investor inquiries and assist with preparing various investor-level reports, including quarterly reports, annual budgets, and performance analyses
  • Prepare monthly bank reconciliations for property, corporate and fund accounts
  • Responsible for budgeting and forecasting for ongoing projects
  • Assist with external audits, preparing supporting documentation as required for audit reviews
  • Maintain and update accounting policy and procedure manuals, assisting with internal control improvements and other related matters
  • Interact regularly with other accountants, on-site property personnel, and corporate office personnel to address day-to-day matters and project coordination
  • Take the initiative in identifying and reporting potential accounting issues, and work with the team to provide solutions

Qualifications:

  • Bachelor’s degree in Accounting or a related field
  • CPA preferred
  • Strong knowledge of all accounting processes related to NYC development projects
  • Experience working in the real estate development field, preferably at the management level