Commercial RE Corporate Controller

DevCo is seeking aCorporate Controllerto join our team inBellevue, WAarea. The Corporate Controller leads Financial Reporting and Accounting Operations, including Corporate Accounting, Accounts Payable, Audit and Treasury and will assist the CAO in managing Property Accounting, Development and Construction Accounting. This position is responsible for accurate and timely monthly financial statements and for adequate internal controls to be in place, executed properly, and improved as deficiencies are identified. About the Company DevCo Residential Group is an integrated development and investment company focused on multi-family communities. Founded in 1994, the company and its affiliates develop, own, and manage over 10,000 affordable and market rate apartment units throughout the United States. Headquartered in Bellevue, Washington, DevCo is one of the largest providers of affordable housing in Washington State. Mission: Devco Residential Group’s mission is to develop, construct and manage high-quality multifamily housing that provides stability, fosters growth and delivers long-term value to our residents and stakeholders. Vision: DevCo’s vision is to be a leading developer, builder and manager of quality multifamily housing throughout the western US. Values: • Quality: We deliver excellence in every aspect of our work. • Commitment: We honor our promises with unwavering dedication. • Teamwork: We achieve more together through collaboration and respect. • Integrity: We uphold the highest ethical standards in all we do. Benefits Offered • Over 90% company paid medical benefits for employee coverage. • 100% company paid dental and vision benefits for employee coverage. • Healthcare and dependent care flexible spending accounts. • Company paid life insurance, AD&D and long-term disability benefits for employee coverage. • Best-in-class voluntary insurance benefits. • Pre-tax and Roth 401(k) programs with a company match equal to 100% of the first 4% contributed by the employee. • Discretionary bonus programs. • Eligibility for a 20% housing discount consideration after 90 days of hire. • Employee assistance program (EAP) with 24/7 counseling services. • Company-sponsored backup childcare. • Employee discount program through LifeMart. • Company-sponsored industry training and certifications. • 3 weeks of paid time off each year. • Up to 12 paid holidays each year. Pay Details:$185,000 -$215,000 Key Responsibilities Accounts Payable • Manage the AP team and oversee the full-cycle Accounts Payable process, including vendor onboarding, invoice approval workflows, and timely payment processing. • Ensure accuracy and compliance with internal policies, contract and purchase order terms, and jurisdictional tax requirements. • Partner with Property Management to streamline vendor payment processes. • Monitor AP aging reports and manage payment schedules to optimize cash flow and ensure positive vendor relationships Treasury & Cash Management • Oversee Treasury Specialist in their day-to-day functions of daily cash management and liquidity planning across all operating and ownership entities. • Monitor reserve requirements and balances, cash calls, and funding requirements for development, acquisitions, and other transactions. • Recommend cash optimization and investment strategies. • Manage relationships with banks, lenders, and financial institutions. Property Management • Coordinate with Chief Accounting Officer to supervise the accounting functions related to property management and ensure timely reporting. • Coordinate with VPs of Property Management and Portfolio Managers to review financial performance and support operational decision-making. • Monitor property-level cash flow and capital expenditure tracking. Corporate Accounting • Maintain the general ledger for the parent company and holding entities. • Creating pro forma consolidated financials across business units (e.g., Development, Construction, Property Management). • Managing month-end and year-end close processes. • Coordinate with FP&A Analyst in annual budgeting process and periodic reforecasting. • Leading adherence to corporate-level accounting policies and internal controls. • Implement, modify, and supervise internal controls to ensure accurate financial reporting, proper safeguarding of company assets and compliance with all accounting and reporting policies. • Drive productivity improvements throughout the accounting organization and increase organizational capability through training and development of both accounting and shared service personnel. • Keep management informed by analyzing financial reports; summarizing information and identifying business trends, and recommend strategies to enhance operations • Provide leadership throughout the organization on accounting department policy development and implementation. Qualifications • Bachelor’s degree in Accounting or Finance • Proficient in Development Accounting and Construction Accounting • Strong knowledge of GAAP, construction job costing, WIP reporting, and multi-state tax filings • Hands-on experience in AP, AR, billing, and draws • CPA or Public Accounting experience preferred • A total of 8-10 years Accounting and/or Finance experience including managing a team. • Knowledge of Low Income Tax Credit (LIHTC) preferred • Commercial Real Estate industry experience highly preferred • Experience supporting project managers and executives with financial planning and insights • Advanced Excel proficiency • Deadline and detail-oriented • Strong analytical and critical thinking skills • Demonstrated ability to support decision making through analytics • Experience using Yardi and other commercial real estate systems (MRI, Realpage, Sage, etc.). • Must be able to speak, read and write English in a manner sufficient to carry out duties. • Successful completion of background check and drug screen required. • Must be legally qualified to work in the U.S. meeting I-9 guidelines. DevCo Management Company, LLC is an Equal Opportunity Employer