Controller, Accounting, Financial Reporting

About ACRUVA Capital Partners

Founded in 2020, ACRUVA Capital Partners (ACP) is a boutique, real estate investment and development firm based in Deerfield Beach, Florida, with additional operations in San Juan, Puerto Rico. ACP operates through a joint venture structure, partnering with ADC Communities (a Walker & Dunlop subsidiary) to finance, develop, and preserve affordable multifamily housing across the U.S. and Puerto Rico.

ACP aims to expand access to safe, stable, and healthy housing for extremely low- to moderate-income families, elderly individuals, and those with special needs. Their vision is to build resilient, sustainable, equitable rental communities by using innovative technologies to reduce costs and accelerate delivery timelines.

The Controller reports to the President of ACRUVA Capital Partners and is responsible for the accuracy, timeliness, and integrity of ACRUVA’s financial records across its portfolio of single-asset entities, joint ventures, and the management company. Working closely with the President, the Senior Vice President of Development, and ACRUVA’s long-term financial partner ADC Communities, the Controller manages monthly close processes, construction draw accounting, partnership and LP capital account tracking, cash management, and the preparation of financial statements for lenders, LIHTC equity investors, and state Housing Finance Agencies.

The Controller also serves as ACRUVA’s primary point of contact for external auditors and tax preparers during annual audits, cost certifications, and partnership tax return preparation, overseeing project-level and corporate accounting across a multi-entity ownership structure of LIHTC, tax-exempt bond, and other affordable housing developments. The role supervises staff accountants and accounts payable coordinators as the team scales.

• Maintain the general ledger and oversee monthly, quarterly, and annual close processes for ACRUVA’s portfolio of single-asset project LLCs/LPs, joint ventures, and the management company.
• Prepare and review GAAP-basis financial statements (balance sheet, income statement, cash flow) for each entity, ensuring accurate intercompany eliminations and consolidations.
• Maintain partner and member capital accounts, including LIHTC equity investor capital contributions, distributions, and allocations in accordance with operating and partnership agreements.
• Track and reconcile developer fee accrual, payment, and deferral schedules across the portfolio.
• Maintain fixed asset schedules, depreciation, and amortization for placed-in-service properties.
• Prepare and process monthly construction draw requisitions (AIA G702/G703) for submission to construction lenders, ensuring accurate cost coding to budget line items and basis categories.
• Track sources and uses of funds across each project’s capital stack, including construction debt, LIHTC equity installments, soft funds (HOME, SAIL, SHIP, CDBG), and developer equity.
• Manage project-level bank accounts, including construction disbursement accounts, operating accounts, and reserve accounts (operating reserve, replacement reserve, debt service reserve).
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• Reconcile bank statements, construction loan ledgers, and title company disbursement statements monthly.

• Support the development team in preparing and updating development budgets, operating budgets, and pro forma financial models for projects in pre-development, construction, and lease-up.
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