Controller- Real Estate Development Austin, TX
Job Title: Controller
Location: Austin, Texas
Reports to: CFO / CEO
Job Type: Full-time
About:
vcfo is working with a dynamic real estate development and asset management firm focused on transformative projects that enhance communities. They focus on mixed-use land development, including select vertical projects, often through public-private partnerships. Collaborating closely with public and private land partners, we deliver impactful developments across residential, commercial, retail, and mixed-use assets—spanning both active projects and long-term management.
Position Summary:
Our client is looking for a strategic, detail-oriented Controller to oversee financial management, reporting, compliance, and forecasting. The ideal candidate will bring expertise in real estate development accounting and experience with public funding, municipal contracts, government compliance, and private joint ventures.
Key Responsibilities:
Financial Management & Oversight:
- Oversee the day-to-day accounting functions, including AP/AR, GL, payroll, and job cost accounting.
- Maintain and analyze budgets for multiple development projects, ensuring accurate cost tracking and budget forecasting.
- Manage cash flow projections and funding draw schedules.
- Monitor project and corporate financial performance through detailed reports and KPIs.
Municipal & Public Funding Compliance:
- Ensure compliance with municipal contracts, grant agreements, and public funding requirements.
- Coordinate with municipalities on invoicing, fund disbursements, and financial reporting.
- Understand and manage the financial aspects of tax increment financing (TIF), and other public funding mechanisms.
Reporting & Audit:
- Prepare monthly, quarterly, and annual financial statements in accordance with GAAP.
- Coordinate annual audits, including project-specific audits required by municipalities, lenders and JV partners.
- Work with external auditors, legal counsel, and compliance consultants as needed.
Internal Controls & Systems:
- Develop, implement, and maintain internal control policies and procedures.
- Evaluate and improve accounting systems to support growth and efficiency.
- Ensure timely and accurate financial close processes.
Team Leadership & Cross-Departmental Collaboration:
- Lead and mentor accounting staff.
- Collaborate with development, construction, and legal teams to ensure financial alignment with project timelines.
- Participate in strategic planning and financial decision-making with the executive team.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field (CPA or MBA preferred).
- 7+ years of progressive accounting experience, with at least 3 years in a controller or senior accounting role.
- Experience in real estate development or construction accounting is required.
- Knowledge of public funding programs, municipal finance and joint ventures are a strong plus.
- Familiarity with Yardi, MRI, Sage 300 (Timberline), or similar real estate accounting software.
- Strong understanding of GAAP, job costing, and fund accounting.
- Excellent organizational, analytical, and communication skills.
Benefits:
- Competitive base salary + Bonus
- Employer paid medical, dental, and vision insurance
- 401k employer matching contributions
- FSA, HSA and Commuter Benefits
- Life Insurance
- STD and LTD
- PTO
- Unlimited vacation policy
- Paid sick leave