LHH ยท 2 days ago
Project Controller
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Responsibilities
Preparation of monthly loan draws/capital calls across all development entities to request funding for project-related expenses
Preparation of internal development budgets across all ongoing projects on a monthly basis, detailing cost-to-date figures vs. overall project budgets
Reviewing and approving invoices across all related entities, initially entered by A/P department
Cash Management - committing previously approved invoices for payment on a weekly basis, across all entities, based on timing of receipt of funds from capital calls/loan draws submitted to lenders/partners
Direct contact with property management companies across all operating entities regarding payment of owner-related expenses, budget variances, internal cash transfers, RE tax payments, etc.
Reconciliation of monthly admin/developer fees from operating & development properties
Coordinating and preparing consolidated internal and external financial statements on a monthly/annual basis; reviewing staff-prepared financials for various entities, prior to submittal externally
Ensuring equity pickup for upper tier entities across all projects is completed on a quarterly basis in Yardi
Coordinating activities of external auditors across all entities
Coordinating activities of external tax preparers across all reporting entities
Coordinating bank account setup/funds transfer at closing of all newly acquired properties; setup of multiple entities in Yardi post-closing
Coordination of distributions to partners from operating/development properties when required
Qualification
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Required
Real estate development experience is required (multifamily or residential experience)
Condo experience is a huge plus
Yardi experience
Benefits
Medical
Dental
Vision
401k with company match
Flexible spending
Life insurance
Parking card
Company
LHH
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H1B Sponsorship
LHH has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Trends of Total Sponsorships
2022 (1)
2020 (1)
Funding
Current Stage
Late StageCompany data provided by crunchbase