Controller/Chief Accountant – Dallas

Seeking a Controller/Chief Accountant to be primarily responsible for the full accounting of various residential and commercial projects and supervision of the accounting/bookkeeping staff.Mid-size stable development and construction oriented organization is seeking a professional, well spoken Senior Construction/Property Accountant to assist and supervise in the day-to-day accounting activities as well as the quarterly and annual budget process. Responsibilities will include job costing and job costing analysis and lender construction draws ensuring that deadlines are met in a timely fashion. Assist in business analysis as well as helping maintain the general ledger and fixed asset system.The ideal candidate will have a minimum of 5-10 years in a progressive accounting role including having interfaced with groups outside of the accounting and finance arena. Additionally, the ability to present in front of small groups will be crucial. MBA and/or CPA preferred but not required. Bachelors degree in Finance and/or Accounting required. Prior experience in the Construction, Property Management and Development required.This position reports to the CEO and will work closely with senior construction department personnel, and will be generally responsible for;Coordination and preparation of monthly funding request for submission to lending Institutions and Equity Partners.Verify the accuracy of and review all supporting documentation relating to invoices submitted by vendors and sub-contractors, including evidence of insurance, lien releases and prior payments.Monitor all construction related billings and payables within a integrated job cost and general ledger databaseTimely preparation of all construction related reports for management review, including job cost budget variance reports and implement any necessary construction accounting procedures as requiredTimely payments of all payablesReconciliation of draw request to general ledger.Preparation of construction draws for submission to Lender.Review on lien wavers.Monitor construction expenditures compared to budget.Maintenance and updating the construction budget.Special projects and analysis as required.Primarily this includes preparation of initial draw, update of all draw procedure documents which include all contact information pertaining to the deal and draw dates and preparing draw files. Monthly procedures include reconciling the draw summary worksheets to the job cost, researching and correcting any outstanding items and verifying any debt outstanding and interest rates to the lending source monthly invoices.Additional Responsibilities the supervision of Property Management and Payroll Accounting, working closely with Senior Property Management PersonnelMust have multi-family property accounting experienceFollow established accounting standards and proceduresRecord all cash activity (property deposits, checks, wires, bank fees, interest, etc).Reconcile monthly bank statements (including research of outstanding checks and the recording of any reconciling items).Prepare monthly escrow account reconciliations.Review monthly A/R close out prepared by each property. Address any issues with property and then record the activity into the general ledgerPerform complete and thorough month-end review of all financial statements (General Ledger, Income Statement and Balance Sheet).During month-end review, make any necessary accruals, corrections, reclassifications and amortizations as needed.Calculate and record the monthly management fee for each property.Maintain detailed Balance Sheet reconciliation schedulesPost the preliminary financial statements for internal review by Management Staff.Review and address Management review comments.Distribute final financial statements both internally and to external investors and lenders.Respond to any investor, lender or asset manager questions and inquiries.Prepare quarterly replacement reserve drawsPrepare year-end audit schedules for auditors and respond to their inquires.Enter or update annual property operating budgets into Remanage accounting systemScan all monthly work papers (journal entries plus support, bank reconciliations, escrow reconciliations, replacement reserve draws, etc)Communicate timely and effectively with on-site and home office personnel, lenders, investors, vendors, etc.Maintain appropriate documentation for all transaction and correspondence.Maintenance of general ledger.Great benefits

Apply Here
Salary: $75,000+