Job Description
POSITION SUMMARY:
Development Controller (Construction) - Location Baltimore MD - in office Mon - Fri.
$105,000.00 base pay + 12.5% Annual Target Bonus + Stocks
Possess detailed knowledge of the capital and TI projects and development projects in order to address both managerial and financial concerns. Review monthly job cost reports, monitor cost activity, develop budgets and quarterly estimates, analyze variances and interface with internal Project Managers to resolve issues. Perform balance sheet reviews and audit work paper preparation.
- Responsible for various monthly processes including labor allocation journal entries/reporting, and third-party percentage of completion revenue accounting/reporting.
- Assist with monthly activities associated with deprecation reviews and other activities as assigned.
- Responsible for cost accounting and maintaining complete historical books and records for a group of land and office building development projects thru all phases of development.
- Review and maintain the job cost ledger.
- Review activity for data integrity and correct accounting per GAAP.
- Identify and resolve any discrepancies.
- Ensure effective Internal controls are in place to identify discrepancies.
- Monitor performance against expectations and correct financials as necessary.
- Provide decision support for project managers and serve as primary point of contact.
- Prepare audit work papers as assigned.
- Monitor and review PAY invoices to and vendor Contracts/Change orders to ensure timely vendor payment and recording as well as proper coding.
- Monitor payments against approved spend.
- Manage budgets and estimates in the job cost system.
- Review and analyze costs comparing to estimates or budgets following up on variances.
- Provide timely monitoring reports to project managers and other Company leaders and follow up on needed JAF’s.
- Supervise and direct workflow for accounting staff.
- Participate in the due diligence process for acquisitions, dispositions or financings which requires an intense effort in a compressed timeframe.
- Understand and maintain the internal controls and communicate any deficiencies in controls to Supervisor.
QUALIFICATIONS:
Education - Bachelor Degree in Accounting or related discipline required.
Further Training - CPA is preferred. May consider a CPA candidate who will successfully complete the certification in 18 months or less.
Professional Experience -
- Four to six years of related accounting experience required.
- Prior construction accounting experience preferred.
Computer Skills -
PC proficiency using Microsoft Office applications (Word, Excel, Outlook, etc.) and ability to learn company specific software.
- Ability to adapt to new or changing software programs.
- Familiarity with accounting systems such as Voyager preferred.
Company