Assistant Controller

Suntex Marina Investors, LLC•Dallas, TX

12d

About The Position

The Assistant Controller is a senior member of the corporate accounting team, responsible for the accuracy and integrity of consolidated financial reporting across a multi-entity marina portfolio. The role oversees development project and capital expenditure accounting and reporting, and contributes to technical accounting research, corporate close procedures, and internal and external audits. It works closely with Property Controllers, FP&A, Development and Construction, Treasury, Tax, and senior leadership to resolve complex accounting matters, strengthen internal controls, and improve processes. The position owns capital expenditure accounting and reporting for development and redevelopment projects, including project setup, construction-in-progress tracking, placed-in-service transfers, depreciation, reporting packages, capitalization policy application, and fixed-asset accounting. It also supports corporate close activities; researches and documents complex US GAAP matters; prepares financial statements and reporting packages; and supports audit, control, lender, and compliance processes. The role includes maintaining accounting policies, analyzing contracts and leases, and identifying opportunities to improve reporting through system improvements and automation. The position is generally based in an office environment, with possible travel to marina locations. The employee may spend multiple hours seated at a desk or most of the workday on foot when traveling to a marina. Occasional travel is required. The employee must be able to lift, carry, push, and pull up to 10 pounds occasionally, and must be able to swim or be willing to wear a personal flotation device when visiting marina sites. A background check is required, and the employee must be insurable and able to operate a vehicle on behalf of the Company.

Requirements

Bachelor’s degree in Accounting from a four-year college or university.
Active CPA license.
Eight or more years of progressive accounting experience.
Strong command of US GAAP and demonstrated experience writing technical accounting memoranda.
Experience managing external audits and supporting internal audit and control programs.
Experience with fixed-asset and construction-in-progress accounting.
Experience with multi-entity consolidations and intercompany accounting.
Advanced Microsoft Excel skills.
Excellent written communication skills, including the ability to explain complex accounting concepts to non-accountants.
Ability to manage several deadlines in a fast-paced, changing environment.
Collaborative leadership style and commitment to developing staff.
Ability to lift, carry, push, and pull up to 10 pounds occasionally.
Ability to swim or willingness to wear a personal flotation device when visiting marina locations.
Ability to travel occasionally.
Ability to successfully complete a background check, be deemed insurable, and operate a vehicle on behalf of the Company.

Nice To Haves

Real estate, hospitality, or multi-site industry experience is strongly preferred.
Familiarity with NetSuite, lease accounting software, and financial reporting tools such as Workiva.
Familiarity with using AI tools.

Responsibilities

Own capital expenditure accounting and reporting across development and redevelopment projects, including project setup, construction-in-progress tracking, placed-in-service transfers, and depreciation commencement.
Prepare monthly and quarterly capital expenditure reporting packages, including budget-to-actual and committed-versus-spent analysis, for leadership, lenders, and investors.
Apply capitalization policy to project costs, including capitalized interest, ground rent and property taxes during construction, internal labor, and soft costs.
Oversee fixed-asset subledger integrity, roll forwards, impairment indicators, asset retirements, casualty losses, and insurance recoveries.
Work with Development and Operations to ensure project spending is coded correctly and supported by documentation.
Assist with corporate month-end, quarter-end, and year-end close, including the close calendar, journal entry review, and balance sheet reconciliations.
Assist with analysis and classification of non-routine transactions; review corporate accruals, prepaid and amortization schedules, debt and interest accounting, and allocations.
Research and document accounting positions on complex and non-routine transactions under US GAAP; prepare technical accounting memoranda for review by the Vice President and external auditors.
Monitor new and upcoming FASB standards, assess their impact, and prepare for implementation.
Review significant contracts, leases, and amendments for accounting implications, including lease abstraction and classification.
Maintain and update the Company’s accounting policies and procedures manual.
Support internal audit risk assessment, control design and documentation, testing, and remediation tracking.
Assist with external audits, including documentation, timelines, walkthroughs, and resolution of audit findings for annual audits and interim reviews.
Coordinate lender, compliance, entity-level, landlord, and percentage-rent audits as required.
Prepare consolidated and entity-level US GAAP financial statements, footnote disclosures, and supporting schedules.
Prepare lender reporting and covenant compliance calculations, and support board and investor reporting packages.
Prepare flux and variance analysis with clear management commentary.
Identify opportunities to streamline reporting through system improvements and automation using NetSuite and reporting and close tools.
Complete ad hoc projects and other duties as assigned.
Work additional hours during close and audit periods, or when otherwise deemed necessary.