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Controller (Real Estate Construction/ Development) (pipeline)

Assembly OSM

Assembly OSM

Accounting & Finance
New York, NY, USA
Posted on Saturday, July 22, 2023

About Assembly OSM

Assembly is on a mission to make urban growth scalable, sustainable, and inclusive. Novel technology, enabling aerospace levels of precision, allows us to design and deliver high-rise buildings quickly, at less cost, and more efficiently than ever before. Assembly buildings are custom, imaginative, green, and peerless in quality—all while creating market-driven affordability, enabling diverse participation in building delivery, and bringing design excellence to more and more communities. We’re currently a tight-knit group of 30 with plans to scale both our team and impact substantially this year. If our mission speaks to you, we encourage you to read more from our leadership team and to apply to join us.

Assembly is seeking an experienced Real Estate Controller to join our dynamic team. In this role, you will be responsible for the overall financial management and accounting of the company, overseeing our portfolio of construction projects, and ensuring the integrity and accuracy of our financial information. You will develop and implement our financial strategies, and lead our accounting operations, ensuring compliance with local, state, and federal regulations. The ideal candidate will have a minimum of 10 years of experience in real estate finance, accounting, or related fields, a proven track record in managing complex intercompany transactions, and specific experience with NYC multifamily construction and development.

You will:

Plan, direct, and implement all accounting operations and financial management functions of Assembly – including management of an outsourced CFO organization and grow an in-house team

Direct the accounting operations including development draws, capital calls, A/P, A/R, and bank reconciliations.

Review, analyze, and manage general ledger accounts for multiple development projects and corporate operations.

Oversee monthly, quarterly, and annual close of accounting and financial records.

Work with legal and outsourced CFO to respond to investor and lender monthly, quarterly and annual reporting requirements and audit requests

Manage all capital calls for self-developed projects

Manage all accrual and cash basis accounting functions for the portfolio of projects.

Review invoices to ensure correct account coding and expense allocations.

Prepare invoices for projects with appropriate G702/G703 format.

Maintain fixed asset and depreciation schedules.

Produce the annual budget and provide forecasts for portfolio properties on cash and accrual basis; report significant budget differences to management.

Work closely with the Chief Administrative Officer to ensure that expenses are on target with projections and that the organization operates within budget parameters.

Oversee the production of periodic financial reports; ensure that the reported results comply with generally accepted accounting principles.

Maintain a documented system of accounting policies and procedures; implement a system of controls over accounting transactions to minimize risk.

Work with external auditors and provide needed information for the annual audit of housing entities.

Ensure compliance with local, state, and federal government requirements.

You are:

An excellent manager and supervisor with strong interpersonal skills.

Highly organized with excellent time management skills.

Proficient in accounting and tax preparation software and Microsoft Office Suite.

Capable of analyzing financial data and preparing financial reports, statements, and projections.

You have:

A Bachelor’s Degree in Accounting or Finance (required)

10+ Years of accounting experience within the real estate or construction industry

Salary Range: $140-165k/year depending on experience.

At Assembly, we aim for genuine inclusion and belonging, not just the absence of toxicity. We are proud to be an equal opportunity employer and have zero tolerance for harassment or discrimination. We seek out employees of all races, colors, religions, ages, gender identities and presentations, LGBTQ+ identities and orientations, family and parental statuses, veteran and disability statuses, and ancestries and national origins.

Benefits

  • Medical, Dental, and Vision Benefits
  • 20 PTO days per year, plus holidays
  • Free One Medical and virtual healthcare services, including Health Advocate and Teladoc
  • Commuter Benefits
  • FSA and HSA
  • 401k
  • Summer Fridays

* Please note that being authorized to work in the United States is a precondition of employment for this role. We are not sponsoring work visas, such as H-1B visas, at this point in time.*