Senior Project Controller

Terra, the award winning, Miami-based real estate development company carefully chooses projects that have a positive impact on their surroundings and, by extension, on the people who live there. When planning a new development, Terra takes a dynamic role with the city and neighborhood to activate its potential as a community, maximizing the way in which people are able to live and work; creating new and innovative ways for the urban & suburban landscape to evolve. The firm has cultivated a portfolio of more than five million square feet of residential and commercial real estate valued in excess of $8 billion and is active across all major real estate asset classes, including multifamily apartments, luxury condominium and single-family residences, retail and office space, hotels, and industrial properties. Terra has achieved international acclaim for its commitment to design excellence, resiliency measures, and sustainable development and has been continuously transforming South Florida into the prosperous metropolis we know today.

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We are looking for a Sr. Project Controller to join the team!
The Sr. Project Controller is an important financial leader within Terra's Accounting department, responsible for overseeing the project team’s financial records, systems, and accounting personnel across a diverse portfolio of real estate development projects. This role partners closely with the VP of Accounting Operations, and other internal operational departments, to ensure the accuracy, integrity, and timeliness of financial reporting throughout each project's lifecycle – from construction draws and loan administration to project closeout and investor reporting. The Sr. Project Controller will manage and mentor a team of accountants, help drive process improvements across the department, and serve as a key point of coordination between Accounting, Investments, Development & Construction, Legal, and outside parties such as lenders, auditors, and tax preparers. This is an excellent opportunity for a detail-oriented accounting professional who thrives in a fast-paced, deadline-driven environment and is looking to grow into a senior leadership role within a well-established, award-winning real estate organization.
General Responsibilities
All EntitiesManage preparation of files for tax preparers, answer questions asked by the tax preparers, and manage status list of tax returnsCoordinate year-end journal entries and tax preparers’ year end entries by controllers/accountants then roll forward Yardi companiesCoordinate final review of 1099 spreadsheetsManage new company entry in accounting software and delegate accessManage review of operating agreements to understand capital contribution requirements and to provide information to the tax preparersManage projects financial auditsCoordinate review cash requirementsCoordinate real estate taxes spreadsheetManage preparation of financial statementsCoordinate review of tangible tax returns preparedManage adding new users to Yardi as necessaryManage invoice approval process in YARDIManage review of general ledger activity for respective projects
ConstructionManage transmittal of funds to the contractor upon receiving lender approval and management approvalCoordinate with PM on GC Pay App ReconMeet with Construction team to review PCO’s monthly
LoansCoordinate preparation of proof of equityCoordinate updates of expected loan draw scheduleCoordinate review and approval of FINAL loan draw
Previous Projects CloseoutManage schedule of deposits remaining in escrowManage reporting to investors, as necessaryCoordinate research as necessary (i.e. association related questions, invoices, payments)
Bank Account(s) OperationsManage preparation and transmittal of requests to the bank to open new bank accounts at bank. xzbcwsv Manage bank required schedules for wire transfers and online banking upon the opening of new accountsManage the update of the master bank account spreadsheet upon the opening of new accountsManage staff access to online banking and update access upon adding new accounts
Administration and Other ResponsibilitiesManage current Accounting staff and staffing needs [along with VP of Accounting Operations]Manage department processes to create efficiencies and improvements [along VP of Accounting Operations]Manage sending wire transfers and processing internal transfers for all bank accounts. Email confirmations to the appropriate accounting team members for entry into YardiManage transfers and wires for monthly administration and developer fees, update tracking spreadsheet, and provide all transfer support to the controllers/accountants for entering in YardiContinued training of Accounting Staff
Required QualificationsBachelor’s degree in accounting or 7- 10 years of related experienceProficiency in Generally Accepted Accounting Principles (GAAP)Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)Strong written, verbal and collaboration skillsReal Estate accounting experience (5+ years)Proven success managing a team (i.e., two or more accountants)
Preferred QualificationsCPA preferredYARDI experienceBilingual in English and Spanish
As a team member at Terra, you’ll enjoy:Career advancement and bonus opportunitiesComprehensive benefits package, including health, vision, dental insurance, and FSA (Flexible Spending Account)Employer-paid life and disability insuranceEmployer matching 401kEmployee team building eventsCompany paid monthly lunchesPaid Time Off and paid Holidays