Real Estate Development Controller bei Arete Collective LP

Description

The Real Estate Development Controller oversees all accounting and financial reporting for the company’s real estate development projects. This position focuses on project-level accounting, budgeting, cost tracking, and ensuring financial integrity for development initiatives. The Controller partners closely with project managers, development teams, and executives to provide insights that support strategic decision-making and project success.

Key Responsibilities:

• Oversee project accounting for all real estate development projects, including tracking budgets, costs, and capital expenditures.
• Manage the preparation of project-specific financial statements and reports for internal and external stakeholders.
• Develop and implement accounting policies, procedures, and internal controls specific to development projects.
• Monitor cash flow and funding requirements for ongoing projects.
• Prepare cash flow forecasts (30/60/90).
• Partner with project managers to analyze project financial performance, including forecasting and variance analysis.
• Ensure compliance with GAAP, tax regulations, and reporting requirements.
• Coordinate and prepare the annual budget for developments and related operating expenses.
• Prepare and coordinate audits related to development projects.
• Review and approve real estate contracts (vendors, sales, lien releases).
• Collaborate with finance, legal, and operations teams to structure and account for complex real estate transactions, including sales & acquisitions of real estate.
• Provide leadership and mentorship to the accounting team supporting development activities. 

Requirements

1. Bachelor’s degree in Accounting; CPA preferred.
2. 7–10+ years of accounting experience, with 5+ years in real estate development accounting.
3. Deep understanding of project accounting, construction accounting, and capital project reporting.
4. Proficiency with real estate accounting software (e.g., Yardi, Deltek, NetSuite).
5. Strong analytical, communication, and leadership skills
6. Ability to meet deadlines and manage multiple priorities.
7. Commitment to ethical practices and confidentiality.