Corporate Controller | Boston MA | Commercial Real Estate (Data Centers)

Corporate Controller | Boston, MA | Commercial Real Estate (Data Centers)

Our team is working with a leading private REIT looking to hire a Corporate Controller for their team. This role will oversee the full accounting lifecycle for a real estate development portfolio, leading development accounting, project cost tracking, forecasting, fee calculations, and the transition of completed assets into ongoing property accounting. Responsibilities include managing operating budgets, financial reporting, variance analysis, CAM reconciliations, property management coordination, and investor reporting while partnering closely with fund accounting teams. The position also oversees corporate accounting activities, including monthly close, budgeting, audits, tax planning, and AP/AR operations.
 

This role is a full-time hybrid (3 days in 2 at home) position that will offer between $160-190K base, bonus, & strong benefits. If you are interested in this opportunity, please reach out to Vincenzo Kulturides directly at vkulturides@daleyaa.com   
 

Responsibilities:

• Ongoing setup and maintenance of Yardi Job Cost for all data center developments

• Review, categorization, and allocation of monthly costs

• Development cost reforecasting (regular, recurring basis, and also ad hoc for scenario analysis)

• Calculation of development management fees, developer promotion/incentive fees, and leasing fees

• Assist with detailed budget-to-actual variance explanations/commentary

• Review of contracts (for allocation, payment terms, etc)

• Ensure smooth transition into “operating” accounting upon completion of the assets’ development phase

• Coordinate with Fund Accounting to ensure alignment, support investor requests, and maintain consistency in development projections

• Issuance of monthly reporting packages

• Establishing operating budgets

• Coordination with tenants on starting base rent, recoveries, true-ups, etc.

• Tracking actual-vs-budget; maintaining a detailed understanding of variances for investor reporting

• Calculation of property management fees and facilities management fees

• CAM reconciliations

• Coordination with third-party property managers

• Overseeing monthly corporate close 

• Creation of corporate budgets and reforecasts

• Assisting with annual audits

• Corporate tax planning

• Maintenance of efficient and effective AP/AR systems and processes

Qualifications:

• BS in Accounting

• 8+ years of accounting experience

• Experience with Yardi, MRI, or similar property management/accounting software

• Real Estate/Development Accounting experience

• Advanced Excel skills