Controller (Multifamily Property Accounting)

Here’s the nuts and bolts of the role. This is a new role within our team. We envision this person to enjoy creating a structure and seeing a clear path forward for our finance operations. This candidate ideally has multi-family property accounting experience and/or their CPA. The position will oversee a team of outsourced accountants, third-party tax and audit activity, and some in-house accounting functions. If this sounds like an exciting opportunity for your career, we would love to hear from you!

NewCastle Development Group, formerly known as Castle Development Partners, is a real estate investment firm focused on the development and acquisition of multifamily assets in the Eastern United States. We build and acquire Class A communities of 120 units or more, with a deal sizes ranging from $25M to $100M in total development and acquisition costs. Our business model emphasizes ground up development and value-add acquisitions in high-barrier to entry markets with solid economic fundamentals. We select financing structures that best fit each individual deal including conventional bank loans, government insured mortgage backed securities, tax credit equity and other alternative capital structures. Our business model has been honed in recent years by a number of successful development communities, but is ultimately rooted in experiences and lessons learned in multifamily investment spanning several decades across multiple economic cycles. We are disciplined in how we execute our model, preferring to continually examine a large volume of potential deals until we find a fit, rather than compromising our model to fit a deal.

If you are looking to grow your experience and jump into a dedicated team with a big vision, the NewCastle Development team is looking for an ambitious controller to support the finance functions of our team. We are looking for a self-starter with an entrepreneurial mindset who is excited to develop and perfect processes.

Essential Functions:

• Accounts receivable and payable management.
• Perform bank account management and reconciliation
• Contract retention
• Cash management
• Monthly reporting
• Investor capital call and distribution management.
• Support budget planning and management
• Manage the federal, state, and local business registrations and reporting
• Coordinate audit and tax filings with 3rd party CPA firms
• Support business decisions through data reporting.
  
  

Qualifications:

• RealPage accounting and QuickBooks experience.
• 3-5 years of experience.
• CPA preferred, but not required
• Multi-Family Property Management Accounting and/or real estate experience preferred.
  
  

This job description is not meant to cover or include all tasks, duties or responsibilities the employee may be required to perform. Job duties and responsibilities can change at any time, but notice will be provided in advance whenever possible

We are an equal opportunity employer and consider all qualified applicants equally without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status.

Powered by JazzHR

GFl8GJ56cZ