Devco Residential Group · 3 weeks ago
Director of Financial Reporting
Minnesota, United States
Full-time
Onsite
Director/Executive
$175K/yr - $190K/yrDevCo Residential Group is an integrated development and investment company focused on multi-family communities. They are seeking a Director of Financial Reporting to manage the production of financial reporting and ensure compliance with corporate accounting and audit requirements.
ConstructionProperty DevelopmentProperty ManagementReal Estate
Responsibilities
Using Yardi, deliver credible and timely external and internal monthly and quarterly financial reports. In collaboration with FP&A, present quarterly results to our ownership group and external stakeholders with analysis and implications for underlying businesses
Responsible for compliance of all financial reporting requirements as outlined in partnership agreements, loan and regulatory agreements
Assess current reporting and systems, identify and implement opportunities for improvement
Lead an ongoing implementation of Yardi Investment Accounting and Investment Manager and optimize utilization of Debt Manager module
Review financials, partnership agreements, loan documents, etc. to accurately incorporate financial structures into reporting software
Partner with Corporate Controller in year-end Audit and Tax return preparation by coordinating with external accounting firms
Lead monthly cash calls providing oversight for cash distributions, adhering to waterfall structures that drive the priority of distributions
Partner with the Corporate Controller to document and improve accounting policies, procedures and internal controls to maximize efficacy of software systems
Work cross functionally to communicate and present financial findings
Qualification
Required
Bachelor's degree in Accounting
Technically strong in Accounting
Experience gathering requirements and designing and delivering financial reports for internal and external use
Demonstrated success in presenting financial findings with in-depth analysis about the impact to the business
Deep understanding of Audit and Tax compliance
Experience managing Accounting teams with demonstrated success in an efficient, automated and compliant processes
Experience leading capital calls with adherence to waterfalls distribution model
Preferred
CPA preferred
Real Estate experience, Affordable Housing preferred
Experience in implementing and maintaining Yardi, or similar systems including MRI, Sage, Procore, Northspyre, Vena, including Investment Manager and Investment Accounting
Benefits
Over 90% company paid medical benefits for employee coverage.
100% company paid dental and vision benefits for employee coverage.
Healthcare and dependent care flexible spending accounts.
Company paid life insurance, AD&D and long-term disability benefits for employee coverage.
Best-in-class voluntary insurance benefits.
Pre-tax and Roth 401(k) programs with a company match equal to 100% of the first 4% contributed by the employee.
Discretionary bonus programs.
Eligibility for a 30% housing discount consideration.
Employee assistance program (EAP) with 24/7 counseling services.
Company-sponsored industry training and certifications.
3 weeks of paid time off each year.
Up to 12 paid holidays each year.
Company
Devco Residential Group
Devco Residential Group provides property management, development, and construction services.
Founded in 1994
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jack Hunden
Founder, CEO & Managing Member
Recent News
Morningstar.com
2025-06-23
Company data provided by crunchbase