Full-time Controller (Residential Developer) We stand as one of the leading privately owned homebuilding companies in the Palm Springs area, dedicated to making the American dream of homeownership a reality for families through our exceptional craftsmanship for almost 40 years. The company has garnered numerous prestigious awards, including the esteemed BIA Builder of the Year Award, top honors for overall projects from The National Association of Home Builders, Gold Nugget Awards, and Builder's Choice Awards, among many others.
Job Overview:
We are looking for a seasoned Controller with extensive experience in residential development to oversee our financial operations. The ideal candidate will have a strong background in financial management, accounting, and reporting, with specific expertise in the residential development sector. This role is critical in ensuring the financial health and success of our projects and overall business operations.
Key Responsibilities: Financial Management and Reporting:
- Oversee all aspects of financial management for residential development projects
- Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements
- Develop and maintain budgets for individual projects and the overall company
- Implement and maintain internal controls to ensure financial accuracy and compliance
- Provide regular financial reports and analysis to senior management and stakeholders
- Manage the month-end and year-end close processes
- Project Financial Planning and Analysis:
- Collaborate with project managers to develop detailed financial plans for each residential development project
- Conduct feasibility studies and financial modeling for potential new projects
- Monitor project costs and revenues, identifying variances and recommending corrective actions
- Analyze project profitability and return on investment
- Provide financial guidance and support throughout the project lifecycle
- Cash Flow Management:
- Manage cash flow for individual projects and the overall company
- Develop and maintain cash flow forecasts
- Optimize working capital and ensure adequate liquidity
- Manage relationships with banks and other financial institutions
- Risk Management:
- Identify and assess financial risks associated with residential development projects
- Develop and implement risk mitigation strategies
- Monitor and report on key risk indicators
- Ensure compliance with relevant financial regulations and standards
- Tax Planning and Compliance:
- Oversee tax planning and compliance for the company and individual projects
- Collaborate with external tax advisors to optimize tax strategies
- Ensure timely filing of all required tax returns and payments
- Stay informed about changes in tax laws and regulations affecting the residential development industry
- Financial Systems and Process Improvement:
- Evaluate and implement financial software and systems to improve efficiency and accuracy
- Develop and maintain financial policies and procedures
- Continuously improve financial processes and controls
- Train and mentor finance team members on best practices and industry standards
- Stakeholder Communication:
- Prepare and present financial reports and analysis to the board of directors, investors, and other stakeholders
