Vice President, Construction Accounting

Newport Beach, CA 92660

Posted: 05/15/2019 Job Titles: ACCT - Controller, ACCT - Director of Accounting, ACCT - VP of Accounting Job Number: 2539 Pay Rate: 170,000

Vice President, Construction Accounting – Must have Multi-Family Construction Experience!

We have partnered with a dynamic, fast growing and well capitalized real estate company in their search for their Vice President, Corporate Controller.  The company is located in Central Orange County, has a great culture and work environment and is led by an amazing group of executives.  The company specializes in multifamily development and property management, 

The company has significant assets under management and plans to continue growing conservatively and opportunistically.

The Vice President, Construction Accounting duties will include (but not limited to):
  • Provide the principal leadership role between the construction accounting group and the other departments within the organization including development, construction, finance, operations and corporate
  • Coordinate monthly / month-end reporting including:
    • Provide executive level reporting to senior management
    • Project financial job cost detail reports – updated budget and forecast amounts
    • Loan draw submittals to lenders and equity capital call submittals to members
    • Supervise and review accounting transactions, equity reconciliations, preference calculations, and multiple entity financial statements related to the projects
    • Lender and JV partner reporting requirements
    • Assist in the preparation of project proformas, budget approvals and life cycle cash flow forecasting
    • Supervise staff of 3 with additional accountants as growth in portfolio requires
    • Year end coordination with outside tax firm to complete tax returns on all development projects
    • Coordinate with outside firms conducting cost segregation studies, 45L tax credit qualifications, and initial affordable housing agency audit and filing requirements
    • System integration and enhancements as necessary
    • Develop policies and procedures in support of best practices to promote productivity and efficiency while maintaining the highest standards of accounting controls

The right candidate will have the following qualifications:
  • B.S. in Accounting, CPA highly preferred
  • Ten+ years of progressive accounting experience, with a minimum of five years of management experience
  • Real Estate and Construction Accounting experience required
  • Strong understanding of GAAP and real estate reporting requirements
  • Excellent verbal and written communication skills, executive presence and strong work ethic

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