Controller, Real Estate Development

Socket.dev; Bay Harbor Islands (FL); On-site; USD 140,000 - 200,000; Full time

Benefits offered by this job

Health and Wellness

Time Off

Financial

Life at Flow

Job summary

Flow is seeking a Controller, Real Estate Development to oversee financial operations for its development portfolio. Based at the Miami HQ in Bay Harbor Islands, you will drive accurate reporting, budgeting, cost analysis, and compliance across complex projects.

You'll partner with development, construction, and executive teams to ensure financial accountability from land acquisition through disposition, using robust cash flow models and tight month-end close.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field; CPA or progress toward CPA a plus.
• 7+ years of progressive accounting experience, with at least 3+ years in real estate development or construction project accounting.
• Advanced proficiency in Excel and project-based accounting systems; experience with Yardi, Procore, MRI or similar ERP systems strongly preferred.
• Strong communication and presentation skills; translation of financial concepts for diverse audiences.

Responsibilities

• Lead and manage full-cycle project and property accounting processes for active and pipeline development projects.
• Monitor and analyze project spend, maintaining cost ledgers and budget-to-actual variances.
• Develop relationships with development, acquisitions, construction, and property management teams, plus lenders and investors.
• Manage and support annual audits and project-specific audits with third-party auditors.
• Oversee tax preparation and compliance for all real estate development entities with external advisors.
• Build and maintain project-level cash flow and accounting models for feasibility and cash management.
• Assist in budgeting, proformas, reforecasts, and variance analyses.
• Manage construction loan payments, covenants, reporting, and interest reserve tracking.
• Oversee cost allocation for land, hard, and soft costs; apply GAAP capitalization policies.

Skills

Excel proficiency

Project-based accounting systems

GAAP knowledge

Real estate development terms

Communication skills

Multitasking

Project accounting

Education

Bachelor's degree in Accounting/Finance

CPA or progress toward CPA

Tools

Yardi

Procore

MRI

Job description

About the Company

At Flow, we’re reimagining what it means to live, work, and connect. More than just a real estate company, Flow is a brand, a technology platform, and an operations ecosystem spanning condominiums, hotels, multifamily residences, and office spaces. We’re building a new kind of living experience: one that’s flexible, connected, and designed to create genuine community and real value for the people who call Flow home.

Our mission is oneness: prioritizing our residents and their experiences, and fostering connection with ourselves, their neighbors, and the natural world. By putting people at the center of everything we do, we’re creating vibrant, human-centered communities where life, work, creativity, and play all come together in one place.

About the Role

The Controller, Real Estate Development role is responsible for overseeing and managing the financial operations of Flow’s real estate development projects. This role ensures accurate and timely financial reporting, comprehensive project budgeting, cost analysis, and compliance across Flow’s development portfolio. The Controller will serve as a strategic partner to the development, construction, and executive teams, driving financial accountability throughout the development lifecycle- from land acquisition and entitlements through stabilization or asset disposition.

This role is based full time at Flow's Miami HQ in the Bay Harbor Islands

Responsibilities

• Lead and manage full-cycle project and property accounting processes for active and pipeline development projects, ensuring seamless integration with Flow’s corporate month-end close.
• Monitor and analyze project spend, maintaining project cost ledgers and tracking budget-to-actual variances throughout all phases of development, including pre-development, construction, and lease-up.
• Develop and maintain key relationships with internal development, acquisitions, construction, and property management teams, as well as with external general contractors, lenders, and investors.
• Manage and support annual audit processes and project-specific audits with third-party auditors, including preparation and reconciliation of supporting schedules.
• Oversee tax preparation and compliance for all real estate development entities; coordinate with third-party tax advisors for project- and entity-level filings.
• Build and maintain robust project-level cash flow and accounting models to support development feasibility analyses, construction cash management, and capital calls.
• Assist in the preparation and review of project and corporate budgets, proformas, reforecasts, and variance analyses.
• Manage payment of construction loans, including compliance with loan covenants, reporting requirements, and interest reserve tracking.
• Oversee development project cost allocation, including land, hard, and soft costs, as well as capitalization policies in accordance with GAAP; manage accurate allocation for mixed-use or multi-phase developments.

Ideal Background

• Bachelor’s degree in Accounting, Finance, or related field; CPA or progress toward CPA designation a plus.
• 7+ years of progressive accounting experience, with at least 3+ years in real estate development or construction project accounting.
• Advanced proficiency in Excel and project-based accounting systems; experience with Yardi, Procore, MRI, or similar real estate and construction ERP systems strongly preferred.
• Strong communication and presentation skills, able to translate financial concepts for diverse audiences.
• In-depth knowledge of GAAP as applied to development, construction, and capitalization policies.
• Solid understanding of real estate development terms, construction project cycles, cost-tracking methodologies, and lender reporting requirements.
• Proven ability to multitask, prioritize, and thrive in a fast-paced, deadline-driven development environment.

Benefits

We take care of our people so they can do their best work.

• Health and Wellness Comprehensive medical, dental, vision, disability, and life insurance and parental leave benefits. On-staff doctor, free therapy through SpringHealth, acupuncture, an Employee Assistance Program, and other wellness offerings.
• Time Off PTO and paid holidays.
• Financial 401(k) retirement plan, healthcare and dependent care FSAs, HSA-compatible plan options with annual employer HSA funding and pre-tax commuter benefits.
• Life at Flow Weekly catered lunches, wellness classes and employee discounts on Flow hotel stays, grocer products, and merch.

Flow is proud to be an equal opportunity workplace and hires regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity and/or expression, pregnancy, Veteran status any other characteristic protected by federal, state or local law. In addition, we provide reasonable accommodation for qualified individuals with disabilities.