Assistant Controller

The ideal candidate brings deep experience in real estate development accounting, including construction draws, cost tracking, and cross-functional coordination with project and asset management teams.

Key Responsibilities

• Oversee AP/AR, GL maintenance, account reconciliations, and cash management
• Prepare monthly, quarterly, and annual financial reports across project and corporate entities
• Support year-end audit process and coordinate with external auditors and tax professionals
• Track project budgets, construction costs, and contract obligations
• Manage construction loan draws and prepare cash flow projections
• Coordinate with internal development, property management, and external lenders/investors
• Ensure compliance with loan agreements, GAAP, LIHTC, and affordable housing regulations
• Manage property tax filings and state/local tax compliance
• Maintain and improve internal controls and accounting workflows
• Supervise, mentor, and develop a team of two accounting professionals
• Identify opportunities to improve systems, automate reporting, and streamline procedures

Qualifications

• Bachelor's in Accounting or Finance; CPA preferred
• 7+ years of accounting experience, with 3+ in real estate development or property-level accounting
• Proficient with real estate accounting software (Sage, Yardi, MRI, or QuickBooks)
• Strong knowledge of construction loans, JV structures, and tax credit programs
• Excellent leadership, communication, and analytical skills

The Fair market Assumption for this role's base salary is between $150,000 and $165,000 annually.

The above salary range represents Cobalt's good faith and reasonable estimate of the possible base compensation range at the time of posting and is one part of the total rewards package this client provides to employees.

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