What are the responsibilities and job description for the Real Estate Project Controller position at The Placement Gurus?
We are seeking a skilled Project Controller to join our client's Ft. Lauderdale-based real estate and land development firm. This role is vital to ensuring the financial integrity of their development projects. The ideal candidate will be responsible for overseeing the financial management of projects, from budgeting and forecasting to accounts payable and financial reporting. This is a dynamic position that requires close collaboration with both project managers and corporate finance teams.
This position is a full-time in office role in downtown Ft. Lauderdale.
Key Responsibilities:
- Manage project-related accounts payable and coordinate with the A/P Specialist for wire transfers and check issuance.
- Prepare and submit comprehensive draw packages to financial institutions, including detailed schedules, cost breakdowns, lien waivers, and supporting documentation to ensure timely approval and funding in accordance with lender guidelines and project timelines.
- Reconcile cash accounts associated with project activities to maintain financial accuracy.
- Review and verify contractor payment applications to ensure compliance and precision.
- Maintain and update job cost schedules to reflect current project expenses.
- Ensure all required documentation for projects, including insurance certificates, contracts, lien waivers, and bonds, is properly organized and complete.
- Act as a bridge between project managers and the corporate finance team to facilitate clear communication and financial alignment.
- Track and monitor project expenditures against budgets, identifying any discrepancies or potential overages.
- Assist in forecasting future project cash flow needs and preparing financial projections.
- Close out financial books for project-specific entities upon completion.
- Develop and maintain balance sheet reconciliations and other project-related financial schedules.
- Support the preparation of financial statements and detailed financial reports for ongoing and completed projects.
- Provide ad hoc financial analyses to support both new and existing development initiatives.
Qualifications:
- Bachelor’s degree in Accounting is required; experience in the real estate, development, or construction sectors is highly preferred.
- Proficient in Excel and familiar with accounting software such as Acumatica, QuickBooks, Yardi, Sage, or similar platforms.
- Strong communication skills, both written and verbal.
- Ability to adapt quickly to changing priorities in a fast-paced work environment.
- Eagerness to learn and grow with the company as it continues to expand.
- A collaborative team player who can effectively work within a team environment.
Salary : $110,000 - $125,000