Real Estate Controller: Project Accounting Lead

Co, Llp

Miami (FL)

On-site

USD 120,000 - 180,000

Full time

2 days ago

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Job summary

Co, Llp seeks a hands-on Controller to lead accounting, financial operations, and project accounting across a growing real estate development portfolio. The role covers full close, SPE management, intercompany and lender reporting, and external audits.

The ideal candidate has 7+ years in accounting within real estate or construction, strong GAAP knowledge, advanced Excel, and ERP system proficiency. This position is on-site with responsibilities spanning treasury, controls, and cross-functional

Qualifications

Bachelor's degree in Accounting, Finance, or related field.
CPA preferred.
7+ years of progressive accounting experience in real estate development, construction, or real estate investment.
Strong understanding of project accounting, job costing, construction loan draws, and multi-entity accounting.
GAAP knowledge and real estate accounting best practices.
Advanced Excel skills and experience with accounting/ERP systems.

Responsibilities

Own the monthly, quarterly, and annual close processes across all operating, project, and management entities.
Maintain the general ledger, chart of accounts, and entity structure as new projects and SPEs are established.
Manage intercompany transactions, allocations, eliminations, and consolidated reporting.
Oversee accounts payable, accounts receivable, payroll, and general accounting functions.
Reconcile all bank accounts, loan accounts, escrow accounts, and reserves.
Ensure compliance with GAAP and company accounting policies.
Maintain detailed job cost ledgers and work-in-progress schedules by project and cost code.
Prepare budget-to-actual analyses and monitor change orders, contingencies, and cost-to-complete estimates.
Prepare and submit monthly construction loan draws, including AIA G702/G703 schedules, lien waivers, invoices, and supporting documentation.
Coordinate draw processes with lenders, inspectors, title companies, contractors, and project teams.
Track capitalized costs, capitalized interest, and development fees in accordance with company policy and GAAP.
Prepare lender reporting packages and monitor compliance with loan covenants.
Maintain investor capital accounts and support distribution calculations and waterfall reporting.
Assist with quarterly and annual investor reporting in partnership with senior leadership.
Manage annual audits, reviews, and financial statement preparation.
Serve as the primary liaison with external auditors, tax advisors, and accounting firms.
Coordinate tax filings, K-1 preparation, and related deliverables.
Manage cash positioning across multiple entities and projects.
Develop and maintain rolling cash flow forecasts for both corporate and project-level operations.
Oversee banking relationships, account administration, and payment controls.
Establish and strengthen internal controls, approval workflows, and accounting procedures.
Identify opportunities to improve efficiency, automate processes, and enhance reporting capabilities as the portfolio grows.
Partner closely with the Head of Finance on project underwriting, budgeting, capital raises, and financing initiatives.
Collaborate with development, construction, and project management teams to ensure accurate project cost tracking and reporting.
Provide financial insights and operational support to leadership on strategic initiatives.