Assistant Controller – Development & Construction
Rapidly growing multifamily & affordable housing developer is seeking a detail-oriented and proactive Assistant Controller to join its accounting and finance team. This role will support the financial management of real estate development and construction projects, with a focus on affordable housing. The ideal candidate will ensure accurate financial reporting, manage project accounting, and support the successful closing and conversion of projects from development through stabilization.
Responsibilities :
- Support development projects through due diligence, financial analysis, and insurance documentation tracking
- Review and prepare monthly construction draw packages and closing draws
- Set up new projects in the RealPage ERP system
- Prepare cost certifications and place-in-service (PIS) entries
- Lead efforts to convert construction loans to permanent financing
- Track and collect capital contributions from partners and investors
- Ensure compliance with Low-Income Housing Tax Credit (LIHTC) regulations
- Provide timely monthly, quarterly, and annual financial reports
- Assist with invoice coding, job cost reconciliation, and audit preparation
- Maintain insurance documentation for all development projects
- Train and support accounting staff
- Respond to stakeholder and auditor requests as needed
Qualifications :
Bachelor’s degree in Accounting, Finance, or related field4+ years of accounting experience within real estate development; public accounting experience is preferredCPA a plusStrong understanding of construction / development accounting and job cost trackingExperience with ERP systems (RealPage preferred)Familiarity with LIHTC regulations and affordable housing complianceProficient in Microsoft Excel and financial reporting toolsStrong communication, organization, and problem-solving skillsAbility to manage multiple projects and deadlines independently