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BWI, LLC is seeking a Corporate Controller to manage its accounting and finance operations. The role involves preparing financial reports, overseeing a team, and playing a key role in strategic financial decisions. The ideal candidate will have a strong background in accounting, real estate development, and management, with a bachelor's or master's degree and CPA certification preferred.
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This range is provided by BWI, LLC. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
$100,000.00/yr - $150,000.00/yr
The Controller position is responsible for the accounting and finance operations of BWI and it affiliates, to include the production of periodic financial reports, maintenance of accounting systems & records, and implementation of comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles. The position will serve on the executive leadership team, along with overseeing a team of other accounting and finance personnel. This role could evolve into a CFO position.
Associated Tasks:Management
Execute the company’s accounting and financial strategy
Serve on the executive leadership team and identify new cost savings opportunities
Participate in strategic finance and accounting decisions of the organization
Maintain a documented system of accounting policies and procedures
Manage outsourced functions (e.g. taxes, external audits, etc.)
Establish the appropriate chart of accounts for our business model of development, construction, and property management.
Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures.
Oversee the development financing, construction accounting, and lease-up stabilization accounting for all projects
Manage relationships with our lenders, tax credit syndicators, equity partners, and other financial stakeholders
Participate in Investment Committee decisions and tax credit submissions on the development side of the business
Lead the accounting team and interface with the respective business leaders with a servant leadership approach. This is partially done by meeting with the team on a weekly basis and by building relationships and efficient processes collaboratively.
Transactions
Evaluate ways to streamline and increase efficiencies that serve the organization’s strategy
Participate in asset management functions (profitability, acquisitions, etc.)
Ensure that accounts payable are paid in a timely manner
Ensure that all reasonable discounts are taken on accounts payable
Ensure that accounts and receivable are collected promptly
Process payroll in a timely manner with support from HR
Ensure that periodic bank reconciliations are completed
Ensure that required debt payments are made on a timely basis
Manage cash balances and project cash flow needs on a regular basis
Maintain the chart of accounts
Maintain an orderly accounting filing system
Reporting
Issue timely and complete financial statements monthly
Coordinate the preparation of the corporate annual budget and quarterly reporting
Recommend benchmarks against which to measure the performance of company operations and produce KPI’s tracking organizational health/initiatives
Issue and ensure the accuracy of monthly development and construction draws to lenders and equity partners.
Manage the production of the annual budget and cash-flow forecasts
Calculate variances from the budget and report significant issues to executive leadership team quarterly
Provide a system of management cost reports on a consistent basis, including WIP reports monthly, balance sheets, and income statements.
Provide financial analyses as needed for capital investments, pricing decisions, and contract negotiations
Compliance
Coordinate the provision of information to external auditors for the annual audit
Monitor debt levels and compliance with debt covenants
Comply with local, state, and federal government reporting requirements and tax filings
Requirements: Experience/Skills
Equivalent business experience and 4+ years of progressively responsible experience for a small, medium-sized, or large company or division.
Experience in Real Estate Development, Construction, or Property Management, Industry Required
Strong communication and people management skills
Must be very organized, with strong attention to detail; must stay on top of paperwork
Must be flexible and able to shift priorities as needed
Experience in budget planning and expense monitoring
Computer skills (specifically Excel) sufficient to enter reports and daily operations data into a computer.
QuickBooks knowledge and experience are a must. Procore, Door Loop, Yardi, etc. are positives also.
Requirements: Training/Education
Bachelor's or master's degree in accounting or CPA, or relevant experience
Preference will be given to candidates with a Certified Public Accountant or Certified
Management Accountant designation.
Preference will be given to candidates with experience in Section 42 real estate development, construction, tax accounting, and property management
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