Controller

Smith & Henzy Affordable Group, Inc. was formed in 2014 to expand affordable housing opportunities throughout the United States. Since then, we have created or preserved 4,000 affordable apartments with a total development cost of $1.4 billion. With over 1,500 units in active development and a robust pipeline, Smith & Henzy is a Florida-based development firm that is ready to step on to the national stage. Our close-knit team works primarily from our office in Delray Beach where the energy is less like a stodgy corporate office and more like a tech start up. We believe strongly that cross-pollination between pre-development, construction, and operational team members makes for the strongest projects; there are no silos here! We value team members as individuals, not just for their work product, and are committed to providing learning and growth opportunities for everyone. It is our hope that anyone who joins the company will stay with us for many years and advance as far in their career as they wish to go.

Job Title: 

Controller

Work Location and Hours:

Delray Beach, FL – Monday-Friday 40 hour minimum

Some travel required to visit existing assets and projects 

Compensation:

Starting at $100,000 

Qualifications:

• Must have a undergraduate degree in Accounting
• Experience with affordable housing properties including Voucher based and Project Based Section 8
• Expert knowledge of Yardi, Quickbooks, Excel and Word

Major Responsibilities:

• Manage the accounting function for a portfolio of affordable housing residential buildings such as tenant billing, tenant and Section 8 accounts receivable, accounts payable and bank reconciliations.
• Prepare monthly, quarterly, and annual financial statements in accordance with GAAP for required partners and lenders
• Analyze the general ledger for each property, prepare journal entries, calculate accruals and adjustments and maintain detailed workpaper files monthly
• Review results of operations and provide detailed explanations of variance
• Review invoices to ensure correct account coding and expense allocations
• Prepare reconciliations of all cash accounts, security deposits, reserves, and escrows
• Monitor cash balances and request capital funding, as needed
• Maintain fixed asset and depreciation schedules
• Interact with asset managers, leasing agents, and property managers
• Assist in the resolution of tenant billing inquiries with accounts receivable and legal departments
• Prepare documentation for loan draws and reserve disbursements
• Respond to lender inquiries, as needed
• Oversee payroll related processing and applicable tax reporting
• Compile financial information for analysts during debt refinances and/or sales of properties
• Prepare annual budget and re-forecast
• Serve as the main contact for annual audits and tax return preparation

Requirements:

• Must have an undergraduate degree in Accounting
• 6 years of accounting experience within the real estate industry; residential/affordable experience preferred
• Experience with affordable housing properties including Voucher based and Project Based Section 8.
• Expert knowledge of Yardi, Quickbooks, Excel and Word
• Ability to multi-task, prioritize and work efficiently independently or in a team sett
• Strong capability to communicate effectively both verbally and written, including giving and receiving feedback with all levels within the organization
• Ability to perform at high levels in a fast paced, ever-changing work environment