Real Estate Development Controller

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Summary

Boutique Real Estate Developer in Downtown NYC seeking Controller


Company Information:

• Boutique Family Office
• Located Downtown in the Financial District
• Stability – Been around for 30+ years
• Very stable working environment
• Great company perks, competitive salary and 401K
• 9AM – 530PM – Great Quality of Life!


Job Description:

• Potential to grow into a CFO position later down the road.
• Responsible for all accounting and reporting for multiple entities using Quickbooks
• Corporate accounts payable, and timely processing of debt service, rent, and other payables
• Timely preparation of monthly financial reports, i.e. balance sheets, P&L statements
• Prepare workpapers for outside accounting firm on annual audit and tax return prep
• Review tax returns and financial statements prior to issuance
• State tax estimates, and other compliance filings to keep entities in good standing
• Preparation of source/uses and capital schedules, and related journal entries for posting
• Insurance coverage monitoring
• Tracking investor funding and capital accounts, capital calls
• Lender compliance, including pre-close checklists, ongoing loan covenants and reporting
• Reviewing draft closing statements including prorations and handle post closing true-ups
• Determining distributions to investors using waterfalls for promotes or other overrides
• Cash flow and taxable income reporting/forecasts
• Calculation of tax basis for estimate of gain on sale
• Analysis of investment cash flow and performance
• Review of deal modeling for correctness
• Create structure charts and operating agreements


Requirements / Qualifications:

• A minimum of 5+ years of professional experience
• Prior work experience in RE/PE
• Strong attention to detail
• Ability to multi-task and execute a wide range of assignments
• CPA preferred
• Strong leadership experience, ability to take on and drive initiatives

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