Construction Accounting Controller

Construction Accounting Controller

Join the Discovery family, where quality and service are at the heart of everything we do! This role will be located at one of Discovery Land Company's locations : The Hills, set in East Quogue, New York. The Hills is seeking a Construction Accounting Controller to join the Finance and Accounting Department.

We are currently seeking an experienced and detail-oriented Senior Construction Accountant to join our finance team. This role plays a key part in maintaining accurate financial records, ensuring compliance, and supporting the overall financial health of our Construction and Development organization.

Key Responsibilities

• General Ledger Management :
• Maintain and reconcile general ledger accounts to ensure accuracy and compliance with accounting principles.
• Prepare and post journal entries for various financial transactions.
• Responsible for construction accounting functions and management of processes for construction management entity.
• Ensure financial operations of the construction department are compliant with company expectations, processes, and controls.
• Provide oversight and control of internal financial processes
• Responsible for construction cash management (including reviewing and approving check requests, funds transfers, distribution analysis, recording cash receipts, etc.)
• Financial Reporting :
• Assist in the preparation of accurate and timely financial statements in accordance with GAAP.
• Contribute to the preparation of internal and external financial reports.
• Review and approve monthly owner billings prepared by others
• Manage project deadlines for billings, month end close, etc.
• Prepare monthly financial statements
• Budgeting and Forecasting :
• Support the budgeting and forecasting processes by collaborating with department heads and providing financial insights.
• Monitor actual performance against budget and forecast, providing variance analysis.
• Prepare revenue and cost forecasts as required
• Account Reconciliation :
• Reconcile and analyze balance sheet accounts, resolving discrepancies in a timely manner.
• Ensure accuracy in bank reconciliations and other critical financial reconciliations.
• Prepare supporting schedules and journal entries in accordance with monthly reporting.
• Manage project deadlines for billings, month end close, etc. Oversee A / R and accounts payable function and serve as a back-up as necessary
• Perform bank reconciliations
• Help leadership develop an annual budget, prepare performance reports and variance communications.
• Fixed Assets Management :
• Oversee the fixed assets register, ensuring proper classification, tracking, and depreciation.
• Conduct periodic reviews and audits of fixed assets.
• Expense Management :
• Analyze and reconcile various expenses, ensuring compliance with company policies.
• Process expense reports and oversee reimbursement processes.
• Maintain and enhance knowledge and competency of company systems (Intacct and Procore)
• Oversee and review job close procedures
• Internal Controls :
• Contribute to the development and enhancement of internal control procedures.
• Monitor compliance with internal control policies and recommend improvements.
• Manage project compliance documents - Contract and cost / budget compliance
• Audit Support :
• Oversee and manage project audits
• Assist in the preparation of schedules and documentation for internal and external audits.
• Address auditor inquiries and support the resolution of audit findings.

Qualifications

Additional Requirements

Benefits

About Us

The Hills is a close-knit, private club and community of 118 residences located in the heart of the Hamptons on New York's Long Island. The Hills is proud to be part of New York's summertime destination for families seeking to escape the city and live life at a slower pace while creating unforgettable experiences closer to nature. The Hills offers its members a world-class Tom Fazio golf course, a comprehensive wellness center, outstanding culinary experiences, and Discovery's signature Outdoor Pursuits program. The Hills is located just 15 minutes from Dune Deck Beach Club in Westhampton Beach, which offers extensive beach programs. At The Hills, our employees use their personal talent, passion, and resources to meaningfully integrate with diverse cultures and communities. All while providing the highest level of member and guest services and contributing to the creation of unforgettable experiences.

Discovery Land Company is a U.S.-based real estate developer and operator of private residential club communities and resorts with a world-renowned portfolio of domestic and international properties. The mission of Discovery Land Company is to create one-of-a-kind environments that provide individuals and families the freedom, security, and resources to learn, grow, and play in some of the most beautiful places in the world.