Controller, Real Estate

2 Months ago • 5-10 Years • $150,000 PA - $190,000 PA

Job Summary

Job Description

The Real Estate Controller will direct financial planning and accounting for residential lots and commercial property in California and Hawaii. Responsibilities include leading financial objective development, maintaining a comprehensive job cost system, managing financial forecasting, and preparing financial statements. The role involves establishing communication with investors, analyzing project results, developing long-range plans, representing Real Estate Finance, communicating with stakeholders, and facilitating insurance and bonding. The ideal candidate will have project-based accounting knowledge and conduct financial reviews.

Must have:

Undergraduate degree in finance, economics, or real estate
5-10 years experience in real estate market analysis
5-10 years industry experience in residential/commercial development

Good to have:

Master’s Degree, CPA or CFA preferred
Demonstrated ability to identify real estate market drivers

6 skills required

6 skills required for this role

Add these skills to join the top 1% applicants for this job

communication

forecasting-budgeting

strategic-financial-management

financial-forecasting

cross-functional

team-management

Job Details

The Real Estate Controller will be responsible for directing the financial planning and accounting practices for residential lots and commercial property in multiple projects located in California and Hawaii. This individual will support the horizontal and vertical improvements for existing and future releases by performing the following duties personally or through subordinate managers.

Responsibilities:

Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives
Take hands-on lead position of developing, implementing, and maintaining a comprehensive job cost system
Manage processes for financial forecasting, budgets and consolidation and reporting to the Company
Coordinate the preparation of the Corporation's financial statements and management discussion and analysis
Establish and maintain lines of communications 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 President of Real Estate helping to establish long-term goals for the business and to identify and quantify the initiatives to achieve them
Represent Real Estate Finance on various cross-functional project teams
Communicate with owner, development team, equity partners, lenders and third parties as appropriate and needed
Responsible for packaging applications to appropriate stakeholders for all equity and debt project transactions
Facilitate all insurance and bonding needs
Keen understanding in project-based accounting for real estate land and vertical development projects.
Financial review monthly and quarterly per project
KPI's:
- Coordination and balancing cash inflows and outlaws with parent company
- Monthly variance report analysis and review with upper management

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
Five to ten years of industry experience in residential and commercial development from acquisition to entitlements to build out
May be required to have a valid driver’s license.
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
Highly developed written and oral communication skills. 
CPA and prior homebuilding experience preferred

Compensation: $150,000 - $190,000 per year

Shift: Full Time

SBM Management Services, LP and its affiliates are proud to be equal opportunity workplaces. We are committed to equal employment opportunity regardless of race, sex, color, ancestry, religion, national origin, sexual orientation, citizenship, age, marital status, disability, gender identity, Veteran status, or other legally protected status.

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