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Controller (Construction)

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Job Summary

Essential Associates Ltd
New York, NY
Job Type
Full Time

Controller (Construction)

About the Job

Major Real Estate/Construction Developer is looking for a Controller.  The Controller will be an integral team member in the development, construction and oversight of existing and new development and construction projects.

Duties and Responsibilities:

·Timely preparation, review and distribution of all monthly financial reporting packages;

·Maintain both stand-alone and consolidated entity financials;

·Review monthly draw submissions to lender

·Review all monthly job cost reconciliations.

·Work with the development/construction accountant to complete the monthly accounting close process including analytical review of the monthly operating results to ensure accurate accounting records are maintained and all variances are identified.

·Develop accounting procedures, job cost budgets Oversee their monthly progress reports.

·Oversee cash management functions for the two operating entities and all development/construction projects.

·Work with the development/construction accountant to ensure accurate and timely preparation of job cost data from weekly payroll reports, materials and subcontract billings in order to prepare weekly cost reports for each project.

·Process wires, cashier’s checks and intercompany transfers

·Oversee all distributions and intercompany payouts (monthly, annually)

·Oversee the accounts payable function for the development/construction company as well as all projects in development/construction.Ensure that all subcontractors and vendors meet all requirements of contract agreement prior to any payments.

·Assist with refinances, closings, acquisitions and dispositions in a fast-paced environment

·Preparation of work papers supporting the annual tax return

·Coordinate the preparation of annual tax return with outside CPA firm

·Prepare internal books for outside auditors in timely fashion (quarterly, annually)

·Provide ad hoc reporting as required by the CFO, Development, and Construction on the operating entities and development/construction projects;

·Interface with the accounting and operations staff at the Management Company to ensure the proper hand off between development and operations;


·A minimum of 10 years of relevant experience is required

·Bachelor’s degree in accounting.

·Previous experience as a Controller in a real estate development or construction company is required;

·Must possess strengths in verbal and written communications; ability to adapt communications/presentations and deliver clear and concise reports and analysis to senior management;

·A solid understanding of Generally Accepted Accounting Principles (GAAP) and accounting pronouncements

·Yardi Construction software and Timberline experience preferred.

Salary to 140k

For immediate consideration forward your resume in word format to: 

Please include salary requirements.



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