Job Description
Position Overview
Hyperion is seeking an experienced Controller to assume the following responsibilities for the Company and its projects and cash flowing assets.
· Manage the accounting system (Sage Intacct), providing procedures and systems necessary to maintain proper records and to afford adequate accounting controls and services.
· Coordinate with development and acquisitions teammates to provide ad hoc financial analysis and reporting on an as-needed basis.
· Prepare and submit monthly draws to lenders and/or funding requests to capital partners, ensuring the underlying requests are within budget, accurate and consistent with the underlying loan and operating agreements for the lenders and capital partners.
· Budgetary and cost control for the projects and cash flowing assets, including job cost reporting and ensuring proper coding of invoices in the accounting system.
· Review monthly payment applications from the general contractor, confirming lien releases, deposits/stored materials and other items are in compliance with the applicable loan agreements.
· Review and manage consulting contracts and invoices within and outside of the accounting system, ensuring approvals are obtained from management and the project teams.
· Manage the accounts payable process, including a review of all disbursements for the entities within the Company to ensure they are accurate, adequately approved and funded prior to presenting to CEO for signature and release.
· Supervise the cash management and treasury functions for the Company and its projects and cash flowing assets.
· Ensure compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting.
· Financial statement preparation for multiple entities, including consolidated statements for various joint ventures.
· Prepare monthly/quarterly investor reports and other and ad hoc reporting to lenders and capital partners.
· Annual tax return filings in coordination with an external CPA firm.
· Liaise with the external auditors for the annual financial statement audits.
· Mange the key company and project documents and the related document control processes.
· Prepare and update the company’s annual budget.
· Ensure all capital transactions, fundings and other intercompany transactions are properly accounted for on the books of all entities.
· Responsible for obtaining and renewing insurance policies for corporate and project level coverage.
Qualifications
· Bachelor’s degree (BA/BS) from an accredited College or University in Business, Finance, Accounting, Real Estate or related field. Master’s or MBA degree desirable.
· CPA designation desirable.
· Minimum seven (7) years of related experience with a commercial or residential real estate development or construction company.
· Strong computer knowledge and skills including an in-depth expert knowledge of Excel, PowerPoint and Word.
· Ability to handle multiple projects, cash flowing assets and assignments; able to prioritize and meet deadlines.
· Demonstrated work ethic and willingness to work extended hours when necessary.
· Excellent written and verbal communication skills.
· Reviews and edits own work to ensure quality and accuracy.
· Able to work independently with minimal supervision, but is also proactive in engaging team executives and providing controls.