Construction Controller Multifamily

Construction Controller Multifamily

Location:

Houston, TX

Construction Controller Multifamily / High-Rise Development

We are seeking an experienced Construction Controller to lead accounting and financial operations for large-scale multifamily, high-rise, and mixed-use development projects. This position will work closely with executive leadership, construction, development, and project management teams to oversee project financials from preconstruction through completion.

The ideal candidate brings strong construction accounting, job costing, WIP, percentage-of-completion accounting, and multi-project financial reporting experience and understands the financial complexities associated with large, long-term construction projects.

• Lead accounting and financial reporting for multiple large-scale multifamily, high-rise, and mixed-use construction projects.
• Manage the full accounting cycle, including GL, AP, AR, cash management, reconciliations, journal entries, and month-end/year-end close.
• Oversee job costing, WIP reporting, percentage-of-completion revenue recognition, and project profitability.
• Monitor project budgets, actual costs, committed costs, forecasts, cost-to-complete, and variances.
• Partner closely with Project Managers and construction leadership to review project financial performance and identify potential cost overruns.
• Manage construction draws, progress billing, retainage, change orders, subcontractor/vendor payments, and project-related accruals.
• Review and reconcile project costs to ensure proper job, phase, cost code, and entity allocation.
• Support financial management of projects from preconstruction and development through construction and closeout.
• Oversee accounting for multiple entities, projects, and development structures, including intercompany transactions and consolidations.
• Manage cash flow forecasting, project funding requirements, construction loans, and lender reporting.
• Prepare monthly financial statements, management reporting, project forecasts, and executive-level financial analysis.
• Coordinate with lenders, investors, auditors, tax professionals, and other external partners.
• Maintain strong internal controls and ensure compliance with GAAP and company accounting policies.
• Lead, mentor, and develop accounting staff while improving processes, reporting, and accounting systems.

• 7+ years of progressive accounting experience with significant construction or real estate development accounting experience.
• Prior Controller, Assistant Controller, Accounting Manager, or Senior Construction Accounting experience.
• Strong preference for experience with a multifamily developer, general contractor, owner-builder, or construction management organization.
• Experience supporting large, complex projects, ideally $100M+ developments.
• Strong knowledge of job costing, WIP, percentage-of-completion accounting, construction draws, retainage, change orders, committed costs, and cost-to-complete forecasting.
• Experience with multifamily, high-rise, mixed-use, podium, wrap, or other large residential development projects strongly preferred.
• Strong understanding of construction contracts, project budgets, subcontractor costs, and development/construction timelines.
• Experience with construction accounting/ERP systems such as Sage 300 CRE, Yardi, Procore, Viewpoint, CMiC, or similar platforms preferred.
• Advanced Excel and financial reporting skills.
• Bachelor's degree in Accounting, Finance, or related field required.
• CPA preferred but not required.

Experience with large multifamily or high-rise projects from development/preconstruction through final completion is highly preferred.