Real Estate Controller - Multifamily
CFS, Houston, TX, United States
Title: Real Estate Accounting Manager / Controller (Property & Development)
Salary: $150K$160K base + bonus
Why This Opportunity Stands Out:
High-impact role with visibility into acquisitions, dispositions, and complex financing transactions
Direct interaction with ownership, investors, and lenders on strategic financial decisions
Exposure to development, construction, and stabilized assets not just routine property accounting
Opportunity to influence processes, controls, and financial reporting across the portfolio
Key Responsibilities:
Review funding requests to investors and lenders; coordinate approvals for reserves and write-offs in accordance with governing agreements
Ensure accounting records and financial reports are accurate, timely, and compliant with GAAP (including debt modifications, acquisitions/dispositions, and interest capitalization)
Perform general ledger review and analysis; oversee month-end and quarter-end close processes
Review and prepare Property/Development Management Fees and Construction Management Fees, ensuring proper calculation, invoicing, and recording
Review monthly and quarterly financial statements and supporting schedules in partnership with Property/Project Managers and Accounting teams
Research accounting guidance and draft position memos for new or complex transactions
Maintain strong internal controls and ensure compliance with established accounting policies
Support Asset Management and Property Management with annual budgets and reconciliations between Argus models and budgets/forecasts
Qualifications:
Bachelors degree in Accounting, Finance, or related field (CPA preferred)
Strong background in real estate, development, or construction accounting
Experience with complex transactions (debt, acquisitions/dispositions, interest capitalization)
Advanced Excel skills; Argus experience a plus
Detail-oriented with the ability to partner cross-functionally