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Assistant Controller with Real Estate Experience - Beverly Hills (Beverly Hills)

  • Address:Beverly Hills, CA 90210 (map)
  • Date Posted:03/14/14
  • Job Type:Full-time
  • Description:

  • Division Assistant Controller
    Date RE-Posted:
    Job Description
    The Assistant Controller is responsible for providing Regional, Division management, Corporate office and Joint Venture partners with timely and accurate financial statements, reports, forecasts and analysis, performing accounting services, complying with company accounting policies and procedures, and ensuring compliance with internal reporting requirements. This is a management level position and directly responsible for overseeing the Accounting department. The Assistant Controller manages the functional operations of the Accounting staff and directly oversees Accounts Payable and the Budget department. The group's duties include: 1. Prepare timely and accurate monthly financial statements, reports and forecasts as required by Lennar policy and reviewed with executive staff. 2. Responsible for JV accounting, compliance, and preparation of financial reporting packages. 3. Ensure division compliance with corporate policies and procedures, Sarbanes-Oxley requirements, and JV operating agreements. Meet the corporate reporting deadlines as outlined on corporate calendar. 4. Prepare annual financial plans and updates. Prepare monthly forecast and updates. 5. Coordinate and review budgets and conduct monthly job revision budget reviews with division personnel. Assist in development and monitoring of general and administrative budgets for JV’s and division. Review budgets monthly with senior management. 6. Manage cash flows for all JV’s to ensure adequate cash at all times, request capital contributions, prepare distributions. 7. Manage bank loans including coordination with lenders, draw requests, interest calculation and accrual and reporting. 8. Responsible for the coordination of divisional and JV audits with internal and external auditors and respond to corporate audit requests. 9. Responsible for the coordination of the divisional and JV audits with internal and external auditors and respond to corporate audit requests. 10. Evaluate new opportunities and provide input into purchase and sale agreements, operating agreements, management agreements. 11. Oversee the processing of invoices to ensure the accurate and timely payment of all vendors and subcontractors in accordance with contracts and budgets, and ensure that real property is protected from mechanics liens. 12. Assist in the preparation and presentation of the Quarterly Operations review meetings
    EDUCATION AND/OR EXPERIENCE • Bachelor of Science degree with emphasis in accounting and finance. Masters Degree preferable. • Understanding of generally accepted accounting principles, and a background in real estate.
    • Several years of progressive accounting experience, through the controller level. A background in real estate development is preferable. • Professional certification, such as a CPA or CMA is desirable. • Minimum five year’s experience - seven years preferred. • Extensive knowledge of joint venture accounting policies. • Good language skills, both written and oral. • Ability to calculate figures and amounts such as discounts, interest, commissions. • Able to work independently with minimal supervision. • Proficiency with various computer hardware, software and accounting systems that are used in the real estate industry. JDEdwards accounting system experience desirable. •
Ad ID: 15732017
    • Posted by: Positive | View all ads
    • Profile: Registered user, Active since 01/2010
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