Financial Controller

Macdonald & Company

New York (NY)

On-site

USD 180,000 - 250,000

Full time

10 days ago
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Job summary

Macdonald & Company is seeking a senior finance executive to serve as VP Finance / Controller for its New York portfolio of development projects and operating assets. Based in New York City, you will lead day-to-day accounting, financial reporting, and controls across corporate and project levels, working closely with ownership and senior leadership.

You will oversee budgeting, treasury, tax, lender reporting, and the evolution of financial systems and processes, mentoring a growing finance team

Qualifications

  • 10–15 years of relevant experience in real estate finance and accounting.
  • Experience with development accounting, project-level reporting, and cost controls.
  • Leadership of finance teams and interaction with senior executives.
  • Bachelor's degree required; CPA preferred but not required.

Responsibilities

  • Oversee corporate, property and development accounting across projects.
  • Manage monthly, quarterly and annual financial reporting.
  • Maintain financial controls and procedures across entities.
  • Oversee construction draws, budgets, and cost reporting.
  • Coordinate tax compliance and lender reporting.
  • Partner with ownership and senior leadership on strategic planning.
  • Develop and mentor finance team.

Skills

Real estate finance
Financial leadership
Budgeting & forecasting
Financial controls
Cash management
Lender & investor reporting
Strategic planning

Education

Bachelor's degree in Accounting or Finance
CPA qualification (advantageous)

Job description

Macdonald & Company has been retained by a privately held, vertically integrated real estate development and investment firm to appoint a VP Finance / Controller to its New York team.

The company has grown rapidly in recent years and today has a significant development and investment pipeline across New York and South Florida, encompassing multifamily, condominium and mixed-use projects. Operating with a lean, entrepreneurial team, the business partners with institutional lenders and investment partners to acquire, develop, finance and operate high-quality real estate assets.

This is a senior, hands‑on financial leadership role with responsibility across the accounting and finance function at both the corporate and project level. The successful candidate will work closely with ownership and senior leadership and will play an important role in strengthening the financial infrastructure around an increasingly active and sophisticated real estate platform.

The Opportunity:

This is an opportunity to join a highly active real estate business at an important stage in its growth. The successful individual will have substantial exposure to ownership, meaningful influence over the company's financial operations and infrastructure, and visibility across a significant pipeline of complex development projects.

The role is based in New York City.

The Role:

The VP Finance / Controller will oversee day‑to‑day accounting, financial reporting and financial controls across the company and its portfolio of development projects and operating assets.

Responsibilities will include:

  • Leading corporate, property and development accounting across multiple projects and entities.
  • Overseeing monthly, quarterly and annual financial reporting and ensuring management and investors receive timely, accurate financial information.
  • Managing accounting and reporting associated with ground‑up development and construction projects.
  • Overseeing construction draws, including processing, coding, tracking, general ledger activity and maintenance of draw schedules.
  • Maintaining detailed project budgets and budget‑to‑actual reporting, providing senior management with current visibility into project performance and anticipated costs.
  • Leading budgeting, forecasting, cash management, treasury and liquidity planning.
  • Establishing and continuously improving financial controls, reporting systems, accounting procedures and expense‑management processes.
  • Serving as the principal point of contact for external accountants, auditors, tax advisers and other financial consultants.
  • Coordinating tax compliance and reviewing corporate, partnership and project‑level filings.
  • Managing banking relationships and monitoring compliance with loan agreements and debt covenants.
  • Supporting the structuring and execution of acquisitions, development financing, refinancings and other capital transactions.
  • Overseeing lender and investor financial reporting and supporting broader investor communications.
  • Partnering closely with development, construction, acquisitions and asset management teams.
  • Participating in strategic planning alongside ownership and senior management.
  • Managing, developing and mentoring members of the finance and accounting team.
Candidate Profile:

We are seeking an accomplished real estate finance and accounting professional with approximately 10‑15 years of relevant experience, ideally gained within a real estate developer, owner or investment platform.

The successful candidate is likely to bring:

  • Significant experience with real estate development accounting and project‑level financial reporting.
  • Strong knowledge of development budgets, construction draws, job‑cost accounting and project cost controls.
  • Experience overseeing financial reporting, budgeting and forecasting, cash management, treasury, tax and risk‑management functions.
  • Exposure to acquisitions, development financing and lender reporting.
  • Experience designing or improving accounting systems, internal controls and financial processes.
  • The ability to operate effectively across multiple projects, entities and deadlines within a fast‑moving environment.
  • A track record of working directly with senior executives, principals or ownership.
  • Strong commercial judgment coupled with a willingness to remain close to the detail.
  • The ability to identify issues proactively, take ownership and implement practical solutions.
  • Experience within an entrepreneurial, closely held or rapidly growing real estate organization is particularly attractive.
  • Strong leadership, communication and interpersonal skills.
  • High levels of integrity, accountability and professionalism.

A bachelor's degree in Accounting, Finance or a related discipline is preferred. CPA qualification would be advantageous but is not required.

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