Controller, Development Accounting

Responsibilities

The Controller will play a leadership role within Related’s accounting team, supporting the Vice President in overseeing financial operations for development projects, property entities, and investment partnerships. This individual will ensure compliance with GAAP and company policies, support internal and external reporting, and contribute to maintaining a culture of accuracy, accountability, and operational excellence. This position will report to the Vice President of Development Accounting and will be based in our New York City office.

• Prepare and review consolidated financial statements for corporate, and development entities.
• Manage quarterly, and annual closings for multiple project and joint venture entities.
• Oversee preparation of financial packages for investors, lenders, and internal management.
• Support the Controller in coordinating year-end audits and with external auditors.
• Ensure all reporting aligns with U.S. GAAP, partnership agreements, and lender requirements.
• Document the accounting of significant transactions based on the relevant accounting guidance.
• Implement and monitor internal controls to ensure accuracy and integrity of financial data.

• Review project level work papers.
• Review underlying work papers of development projects to ensure accuracy.
• Assist in the accounting of significant transactions or complex entity structures.
• Review financial statements on a quarterly and annual basis.

• Ensure compliance with partnership agreements, debt covenants, and other contractual obligations.
• Coordinate with corporate and project-level teams to ensure consistent accounting policies and procedures.
• Prepare quarterly financial and capital account reporting for investor partners.
• Assist in the preparation of capital calls, waterfalls, and JV reconciliations.

• Supervise and mentor accounting staff, fostering professional growth and cross-functional collaboration.
• Identify opportunities to improve efficiency in accounting workflows and reporting processes.
• Assist with implementation and optimization of accounting systems and technology.

The anticipated base salary range for this position is listed below. In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives and a comprehensive benefits package.

Anticipated base salary range: $150,000 - $170,000

Actual base salary within the anticipated range will be determined by several components including, but not limited to, the individual's experience, skills, qualifications, and market factors.

• Bachelor’s degree in Accounting required. Master’s degree in Accounting or MBA a plus.
• CPA designation is strongly preferred.
• Minimum of 10+ years of progressive accounting experience, including 2+ years in a supervisory capacity.
• Experience in real estate development, joint ventures and complex entity structures a plus.
• Strong understanding of GAAP, real estate accounting, and partnership reporting.
• Excellent analytical and organizational skills with strong attention to detail.
• Proven ability to manage multiple priorities and meet tight deadlines.
• Keen attention to detail with a strong sense of ownership and accountability.
• Strong communication and interpersonal skills with both finance and non-finance stakeholders.
• Advanced Excel skills and proficiency in financial reporting software.
• Familiarity with JD Edwards and Oracle FCC, a plus.

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Formed in 1972, Related is the most prominent privately‑owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $70 billion, including the 28‑acre Hudson Yards neighborhood on Manhattan’s West Side.

Related believes in investing in its talent and cultivates a positive, team‑oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business.

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