Controller - Real Estate

CFS

Houston (TX)

On-site

USD 140,000 - 175,000

Full time

13 hours ago
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Benefits offered by this job

Medical, Dental, Vision benefits

Job summary

CFS in Houston, TX is seeking a Controller to own the accounting function across development, acquisitions, operations, and investment entities. You will oversee the general ledger, financial reporting, cash flow forecasting, and investor distributions, working directly with senior leadership.

The role requires CPA, 8+ years real estate accounting, and leadership experience; familiarity with JV waterfalls, capitalized interest accounting, and debt modifications is expected.

Qualifications

  • CPA required and active license.
  • 8+ years real estate accounting experience.
  • Experience with JV waterfalls, capitalized interest, and debt modifications.
  • Leadership experience in accounting team management.

Responsibilities

  • Oversee accounting, general ledger, and financial reporting.
  • Manage cash flow forecasting, reconciliations, and investor distributions.
  • Review JV agreements, loan documents, and funding requests.
  • Handle lender/investor reporting, debt modifications, and capitalized interest accounting.
  • Maintain internal controls and supervise accounting staff.

Skills

Real estate accounting
Financial reporting
Leadership

Education

CPA

Tools

Yardi
Rent Manager

Job description

  • Direct exposure to ownership and senior leadership.
  • Full ownership of the accounting function with significant autonomy.
  • Work across development, acquisitions, operations, and investment entities.
  • Exposure to complex JV structures, investor waterfalls, and financing transactions.
  • Opportunity to build processes and help scale a growing portfolio.
  • Lead and develop an expanding accounting team.
  • Medical, Dental, and Vision benefits.

Salary: $140,000-$175,000 base + bonus

Why This Opportunity Stands Out
  • Direct exposure to ownership and senior leadership.
  • Full ownership of the accounting function with significant autonomy.
  • Work across development, acquisitions, operations, and investment entities.
  • Exposure to complex JV structures, investor waterfalls, and financing transactions.
  • Opportunity to build processes and help scale a growing portfolio.
  • Lead and develop an expanding accounting team.
  • Medical, Dental, and Vision benefits.
Key Responsibilities For The Controller
  • Oversee accounting, general ledger, and financial reporting.
  • Manage cash flow forecasting, reconciliations, and investor distributions.
  • Review JV agreements, loan documents, and funding requests.
  • Handle lender/investor reporting, debt modifications, and capitalized interest accounting.
  • Maintain internal controls and supervise accounting staff.
Qualifications For The Controller
  • CPA Required
  • 8+ years of real estate accounting experience (multifamily, homebuilding, manufactured housing, or land lease communities).
  • Strong experience with JV waterfalls, capitalized interest, and debt modification accounting.
  • Yardi or Rent Manager experience required.
  • 3+ years of accounting leadership experience
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