- Team Member Title: Controller
- Team: Collective House Realty
- Location: Columbus, OH
- Team Member Description: Full Time
Who We Are:Every day, we take deliberate action to nurture a culture that is grounded in our purpose, to Build a Connection. No matter your area of expertise, at LC, you'll find your why and your place to belong. Guided by our core values of performance, quality, communication, teamwork, and leadership, you'll be empowered to fuel our growth and create a lasting legacy in our communities. Are you ready to make an impact? The Team You Will Join:At the heart of Collective House is the vision to create community and build meaningful connections. We believe that when you're home, you should feel safe and comfortable and enjoy the luxury of living made easy. We are unwavering in our commitment to push past the status quo and deliver an experience that goes beyond home and is bound by community. Our difference lies in our integration with Lifestyle Communities, a leading real estate company with over 25 years of experience managing over 15,000 units across diverse markets. This affiliation ensures that our sales and associations team maintains cutting-edge practices with exposure to industry trends and innovations.The Difference You Will Make:The Controller, CHR, ensures that all accounting and analysis are generated for their assigned projects within the Collective House Realty (CHR) business entity, which includes Condominium Association Management, Real Estate Development, New Home Building, and Real Estate Brokerage. In this role, you'll assist with general association accounting management, builder accounting and brokerage closings and business entity reporting.Who You Are:
- Association Accounting:
- Conversion project accounting ownership; managing the association P&L in conjunction with the apartment entity P&L.
- Carryout financial operations for the entire association portfolio, including budgeting, forecasting, and financial reporting.
- Complete monthly variance reporting in written form for manager review and presentation to association boards.
- Maintain accurate and up-to-date financial records, ledgers, and general accounts for each association.
- Prepare and distribute monthly, quarterly, and annual financial statements to association managers and stakeholders.
- Conduct regular financial analysis, identify trends, and provide recommendations for improved financial performance.
- Participation in association annual meetings for financial related matters and at board request throughout regular meetings.
- Own accounts payable process as the primary reviewer and approver of all invoices within the workflow.
- Cash management and cash flow analysis.
- Mail and check management, scanning and accurate posting to indicated association accounts.
- Delinquency and collection assistance in conjunction with the association manager.
- Collaborate with association managers to ensure compliance with accounting standards, regulations, and internal policies.
- Ensure compliance with federal, state, and local tax requirements related to association financials and brokerage closings.
- Builder Entity:
- Financial analysis of potential projects
- Budget and financial planning for development projects and lot build outs.
- Assist in preparing documentation for loan draw information.
- Payable management.
- Condominium Conversion & Brokerage Closing Coordination:
- Run simultaneous P&Ls for the apartment and association entities.
- Collaborate with real estate agents, brokers, and other parties involved in the transaction to ensure smooth and successful closings.
- Provide assistance, as needed, in the preparation of closing statements, ensuring accurate allocation of funds, recording of fees, and reconciliation of financial transactions.
- Accurate sales transaction deposits and commission disbursement. Collaboration with payroll for agent commission payouts.
- Financial Reporting and Compliance:
- Prepare and submit monthly financial reports, including profit and loss statements, balance sheets, cash flow statements, and variance analysis.
- Project budget assistance and monitoring.
- Regular participation in shared services accounting meetings to ensure accurate representation of the Collective House Realty (CHR) business entity.
- Assist in the preparation of annual budgets and forecasts, providing financial insights and recommendations.
- Stay up-to-date with relevant accounting standards, regulations, and industry best practices.
- Assist with external audits and facilitate the provision of necessary financial documentation.
- Process Improvement and Efficiency:
- Identify opportunities for process improvement and automation within the accounting and closing functions.
What You'll Bring:
- Bachelor's Degree in Accounting or related field
- Four (4) to Six (6) years of experience.
- Previous Real Estate experience (development and construction).
- CPA desired, but not required.
- Strong analytical and accounting skills, including GL accounting, budgeting, forecasting, and cash reconciliation.
- Strong organizational skills and ability to manage multiple projects simultaneously.
- Knowledge or the ability to acquire knowledge of applicable accounting software programs.
How We'll Take Care of You: At LC, we pride ourselves on taking care of our team members. We offer a comprehensive benefits package with a variety of options to meet your unique needs. Here are just some of the benefits we offer for being part of our team:
- Full Suite of Health Benefits
- Retirement Plan with Company Match
- Competitive PTO policy
- Generous parental and family leave
- Strong Company Culture
- Career Growth Opportunities
- Community Engagement and Volunteerism
Lifestyle Communities (LC) is an Equal Opportunity Employer. For more information, send a message to our HR team at www.lifestylecommunities.com/careers. BRG123