Real Estate Development Controller & Finance Lead

Foster McKay; New Jersey; On-site; USD 120,000 - 180,000; Full time

Job summary

Foster McKay is seeking a Controller for a growing residential real estate development and property management company in Union County, NJ. The role reports to the Owner and oversees development and property accounting, payroll/HR, and staff supervision, coordinating with lenders and outside CPA firms.

Responsibilities include underwriting new deals, preparing fixed asset schedules, and producing timely monthly and quarterly ownership reports.

Qualifications

• 7+ years of Real Estate Development / Construction / Residential Development experience.
• Experience using ADP for Payroll and HR Support functions.

Responsibilities

• Oversee daily accounting for family-owned real estate development & property management.
• Responsible for payroll and HR duties.
• Supervise accountants, property managers and project managers.
• Create monthly, quarterly and annual reports for ownership.
• Underwrite new development deals, budgets and proforma models for banks.
• Coordinate financing with banks for construction and permanent funds.
• Review monthly loan draw packages before bank submittal.
• Implemented Sage Intacct & Procore.
• Manage external service providers and related costs.
• Ensure working capital is maintained.
• Develop and maintain financial policies for development accounting.
• Prepare monthly/quarterly reporting with GL analysis of fixed assets.
• Maintain fixed asset system including depreciation.
• Ensure timely property tax payments and annual tax filings.

Skills

Real estate

Accounting leadership

HR oversight

Team supervision

Tools

Sage Intacct

Procore

ADP

Job description

Foster McKay is seeking a Controller for a growing residential real estate development and property management company in Union County, NJ. The role reports to the Owner and oversees development and property accounting, payroll/HR, and staff supervision, coordinating with lenders and outside CPA firms.

Responsibilities include underwriting new deals, preparing fixed asset schedules, and producing timely monthly and quarterly ownership reports.