Controller

Objective: Ensure the effective day-to-day management of company finances through proper monitoring, reporting and analysis with Yardi System. Assist Owners with budgeting and financial analysis both short term and long term.               

Job Duties:

• Build accounting Team - hire, train, establish processes and monitor performance
• Analyze and monitor multiple deal projections and assist asset manager with revenue and expense forecasts, budgets and month to month actuals within their projections
• Perform analysis and prepare management reports monthly for CEO and upper management meetings
• Accurately complete budget vs. actual variance memos month to month
• Inspect investment memos to create new upcoming project projections and relationships with homebuilders for forecasted revenues & expenses
• Responsible for preparing detailed quarterly and yearly audited financial statements
• Provide supporting schedules and documents for audit engagements, also organizing agendas/reports for quarterly performance packages
• Accurately monitor, reconcile & analyze bank accounts within a multi-entity organization
• Oversee and review tasks completed by the project accountant
• Record and review settlement statements (HUDs) 
• Assist with the execution of monthly deal distributions and capital calls to and from investors/co-lenders as approved by project asset managers
• Interact with multi-level management and demonstrate effective interpersonal skills which include excellent written & verbal communication

Areas of Responsibility:

I.            Financial Statements and General Ledger Detail.

• Coordinate with purchasing systems for job cost budgets, actual cost and margin analysis.
• Review monthly overhead analysis data and monitor projections.
• Prepare all necessary journal entries and interest calculations.
• Produce monthly financial statements according to established timeframes.
• Review and analyze all general ledger postings and account balances for accuracy.
• Supervise the reconciliation of cash accounts.
• Supervise the reconciliation of work in process accounts.
• Review financial statements with the owners on a monthly basis and make recommendations regarding any short-term or long-term issues which might require action.
• Coordinate with the CPA for preparation of year-end tax and financial statement work papers.

II.            Cash Flow Management

• Track draw revenues and payables status.
• Supervise accounts payables staff in their performance of invoice processing and vendor status.
• Prepare and monitor cash flow projections.
• Be proactive in identifying and communicating any potential cash flow issues to the owners.
• Manage ready home financing and project development loans, coordinate accounting activities with lenders.
• Support IT systems integration of purchasing and accounting activities.

III.            Builder’s Risk Insurance Reporting

• Ensure the timely filing and reporting of additions and deletions.
• Calculate and make premium payments according to established timeframes.

IV.            Annual Tax Filing and Reporting

• Prepare 1099 forms.
• Process all business license applications.
• Assist CPA with personal property and all company and partnership tax returns.
• Prepare documentation for sales tax reporting.
• File all annual reports.

V.            General Duties

• Assist with strategic planning for all financial aspects of company entities (i.e. cash flow, tax strategies, liquidity, etc.).
• Review real estate acquisition contracts, declarations of covenants, annexation agreements and any other land development-related documents, and provide input to the owners regarding the financial feasibility of opportunities.
• Prepare insurance audit reports for annual general liability and worker’s compensation audits.
• Develop new or custom reports in the financial accounting system as required.
• Handle the financial duties associated with the owner’s investment properties.
• Manage LLC accounting activities with owners and LLC partners for numerous project specific development.
• Assist owners and CPA with income tax impact analysis of transactions.
• Monitor property tax rates and assist with valuation appeals when necessary.
• Provide assistance to other departments as required.
• Assist with all other special tasks and projects as requested by upper management.