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Construction Controller
| Location: | NYC, New York City, New York, USA |
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| Job Type: | Permanent |
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| Posted: | 28th Aug 2008 |
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| Closing Date: | 25th Sep 2008 |
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| Posted By: | Synergy One |
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| Details: | |
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Construction Controller
Project / Construction Controller
Department Detail:Construction
RESPONSIBILITIES:
Prepare or review monthly financial statements, information requests and related workpapers for lenders, partners and internal departments as required.
Prepare or review workpapers for accrual and US GAAP based books and records including the review of accruals, rollforward of CIP, amortization, etc.
Responsible for fund level reporting on a Fair Value basis, where applicable.
Review general ledger for correct coding of disbursements and adjusting journal entries.
Prepare or review bank reconciliations.
Assist in the preparation of project-specific required financial reporting.
Coordinate the preparation of development cost reports in Prolog.
Work with all team members to establish approved budget.
Ensure that contracts and change orders on design and construction projects are properly maintained in Prolog.
Work with project executives to update and review anticipated project costs, including monthly variance report. Design and Construction team maintains forecasted amounts in Prolog.
Reconcile Prolog development cost reports to general ledger and / or loan draws.
Coordinate / prepare funding requests to lenders and partners.
Review approved payment applications and invoices. Manage the payment of development fees, payroll and reimbursables. Enter invoices in Prolog and review / approve invoices entered in Prolog by Design & Construction Department.
Manage cash balances.
Prepare quarterly compliance testing / certifications as required at the fund level for lenders.
Prepare annual audited financial statements for property and upper tier entities as required.
Provide required supporting documentation to auditors as required.
Prepare annual performance evaluation of direct reports.
Work with audit and tax staff on entity specific accounting or tax issues.
Record opening, cost segregation and closing entries in conjunction with new acquisitions or sales.
QUALIFICATIONS:
Bachelor’s degree in Accounting or Finance.
5 - 7 years experience in public accounting with emphasis on real estate development or construction/development accounting.
Strong communication skills.
Must be detail-oriented and have the ability to work independently.
FT benefits
Bonus
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