Controller - Real Estate

About the role

The Real Estate Controller will oversee the full cycle of accounting operations, including month-end close, preparation of financial statements, accounts payable/receivable, job costing, cash management, and internal control processes for over twenty legal entities. They will lead and manage the annual year end close process ensuring timely and accurate filing of tax returns. They will also develop, implement, and continuously improve accounting policies, procedures, internal controls, and financial reporting.

Responsibilities

• Oversee the full cycle of accounting operations, including month-end close, preparation of financial statements, accounts payable/receivable, job costing, cash management, and internal control processes for over twenty legal entities.
• Lead and manage the annual year end close process ensuring timely and accurate filing of tax returns.
• Build and mentor a high-performing accounting team, providing leadership to both direct and indirect reports across all core accounting functions.
• Develop, implement, and continuously improve accounting policies, procedures, internal controls, and financial reporting.
• Supports implementation, development, and maintenance of a comprehensive job cost system.
• Manage processes for financial forecasting, budgets and consolidation and reporting to the Company. Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.
• Establish and maintain lines of communication with the investor community.
• Serve as the finance leader demonstrating a relentless focus on driving enhanced business results.
• Ensure monthly analysis of Pro Forma results to track project results and make recommendations as needed to ensure projects meet expectations.
• Develop the long-range plan in partnership with the senior leadership of Real Estate helping to establish long-term goals for the business and to identify and quantify the initiatives to achieve them.
• Responsible for packaging applications to appropriate stakeholders for all equity and debt project transactions.
• Support facilitation of all insurance and bonding needs.
• Cook up monthly financial review per project with development team.

Qualifications

• Undergraduate degree in finance, economics, or real estate. Master’s Degree, CPA or CFA preferred.
• Five to ten years of experience in analysis of residential/commercial real estate markets.
• Prior experience in working in a multiple entity environment, accounting for equity investments and intercompany accounting preferred.
• Five to ten years of industry experience in residential and commercial development from acquisition to entitlements to build out.

Skills

• Strong understanding in project-based accounting for real estate land development and vertical development projects.
• Demonstrated ability to identify key real estate market drivers, assess their impact on a given real estate market, and communicate related analysis and conclusions.
• Demonstrated strong analytical and decision-making skills.
• Strong written and oral communication skills.

Benefits

SBM offers comprehensive benefit packages. For information about SBM's benefits, please visit SBM's website at: www.sbmmanagement.com/careers.