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Controller 16541495
Silver Spring, MDCordia Resources by Cherry Bekaert is partnered with a well-established real estate client who is seeking a Controller to join their team.
Title: Controller
Location: Hybrid – Silver Spring, MD
Salary: $150,000 - $170,000/year
Job Type: Permanent / Full-Time
The Controller will manage five staff, have direct oversight of over four development projects and will implement quarterly consolidated financials and streamline processes. The best candidate must have strong mentorship skills, ability to work with and lead long tenured staff, and be hands-on with preparing financial statements and consolidations.
Key Responsibilities:
Qualifications:
Title: Controller
Location: Hybrid – Silver Spring, MD
Salary: $150,000 - $170,000/year
Job Type: Permanent / Full-Time
The Controller will manage five staff, have direct oversight of over four development projects and will implement quarterly consolidated financials and streamline processes. The best candidate must have strong mentorship skills, ability to work with and lead long tenured staff, and be hands-on with preparing financial statements and consolidations.
Key Responsibilities:
- Oversee all accounting and financial reporting functions related to the corporate entity and multiple properties.
- Prepare and analyze consolidated and interim financial statements, including balance sheets, income statements, and cash flow statements.
- Ensure financial compliance with federal grants and regulations.
- Prepare reports required by lenders, auditors, and other regulatory bodies.
- Work closely with external auditors to ensure accurate financial reporting and compliance with tax laws.
- Develop and monitor corporate and grant budgets.
- Provide financial projections and cash flow forecasts for the corporate entity.
- Ensure accurate tracking and reporting of projects under construction including job cost, relocation, and developer fees.
- Oversee the cost certification process.
- Maintain effective internal control systems to safeguard assets and ensure accuracy in financial reporting.
- Update and establish new policies and procedures when necessary for financial management.
- Collaborate with property management teams to ensure accurate financial reporting.
- Provide financial insights to guide decisions regarding property maintenance, improvements, and acquisitions.
- Lead, train, and supervise accounting staff.
- Collaborate with the finance team to develop strategies for improving financial efficiency.
- Serve as the main point of contact during audits, providing necessary documentation and explanations for financial and compliance issues.
- Ensure the proper use of payroll and financial software for accounting, compliance reporting, and budgeting (e.g., MRI, Yardi etc.).
- Oversee the implementation and integration of financial systems for new projects.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field. CPA or CMA certification is preferred.
- Minimum of 5–7 years of experience in real estate accounting, with a strong preference for candidates who have worked with affordable housing.
- Excellent organizational, problem-solving, and time management skills.
- Exceptional supervisory, supportive management (i.e. mentoring), and collaboration skills.
- Ability to manage multiple projects with competing deadlines.
- Exceptional knowledge of finance, accounting, budgeting, job cost principles, and GAAP.
- Strong interpersonal skills to effectively work with people at all levels/positions across all departments.
- Excellent verbal and written communications skills with the ability to convey complex financial concepts and data to finance and non-finance individuals