We are partnering with a highly regarded real estate development company in Manhattan to identify a skilled and motivated Assistant Controller. This is a key leadership role within the accounting team, offering the opportunity to work across all aspects of real estate development — including acquisitions, construction, project management, and ongoing operations.

The ideal candidate will bring deep experience in real estate development accounting, strong leadership capabilities, and the ability to work cross-functionally with project teams, investors, and external partners.

Key Responsibilities

• Oversee core accounting functions, including accounts payable/receivable, general ledger maintenance, reconciliations, and cash management.
• Assist in the preparation of monthly, quarterly, and annual financial reports for internal and external stakeholders.
• Manage annual financial audits and coordinate with external auditors and tax advisors.
• Track and report on development project budgets, job cost tracking, and contract management.
• Manage construction loan draws, prepare cash flow projections, and monitor cash availability across active projects.
• Collaborate closely with project managers, lenders, investors, and property management teams to ensure financial accuracy and transparency.
• Ensure compliance with regulatory requirements, including LIHTC, tax credits, loan covenants, and other government programs.
• Oversee property tax filings and coordinate state and local income tax reporting.
• Maintain compliance with GAAP and other applicable accounting standards.
• Supervise and mentor junior accounting staff, supporting their development and performance.
• Develop and implement strong internal controls, accounting procedures, and best practices.
• Identify opportunities to streamline processes and leverage accounting systems to improve efficiency and reporting accuracy.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field; CPA preferred.
• Minimum of 7 years of progressive accounting experience, with at least 3 years in real estate development or property management.
• Strong understanding of real estate financial structures, including construction loans, joint venture agreements, and tax credit financing.
• Proficient with real estate accounting software such as Yardi and Excel.
• Excellent analytical, leadership, and communication skills with the ability to thrive in a fast-paced environment.