Controller

Company Overview:

BlackSpire Capital Group is a Utah-based vertically integrated real estate development, asset management, and construction company. We provide development services, hold and manage our own real estate, and sponsor a private equity fund invested in approximately 11 properties. We are a young, fast-growing company, and our accounting function is central to how we report to investors, lenders, and partners.

Job Description:

As the Controller, you will be responsible for overseeing and managing the financial operations and reporting of our company and will leas a team of accountants. This key role will report directly to the CFO and work with the CFO on a daily basis.  You will run the monthly close, produce GAAP financial statements across multiple entities, including our real estate holdings, construction and development operations, and private equity fund. You will oversee fund and investor reporting, support lender and covenant compliance, and coordinate with our outside CPA and Tax firm, fund administrators, banks, attorneys, and insurance partners.

The ideal candidate would understand construction accounting and finance, construction job costing, and strong analytical, leadership, and communication skills.  This individual will also require strong business acumen and an ability to work cross-functionally with the operations teams and General Managers of the various business units.

This is a hands-on leadership role driving tight controls, and using Procore, Microsoft Excel and our ERP (Sage Intacct) to automate and improve how we work.

Key Responsibilities:

Financial Reporting and Close

• Own the monthly, quarterly, and annual close, including journal entries, account reconciliations, intercompany and related-party accounts, and financial schedules.
• Prepare and review GAAP-basis financial statements, including consolidated reporting across multiple entities.
• Analyze results, explain variances, and give the CFO and Executive Leadership team clear, actionable insight for decisions.  This is both an analytical and strategic role within the company.

Fund and Investor Reporting

• Manage the monthly close and financial reporting for the private equity fund and its entities.
• Coordinate with fund administrators and review investor capital account (PCAP) statements, investor letters, and waterfall calculations for financial reporting accuracy.
• Deliver timely quarterly and annual fund reporting in line with LP agreement requirements.

Debt, Banking, and Compliance

• Support debt facilities such as construction, land, and permanent loans, and monitor loan covenants across the portfolio.
• Support cash and liquidity forecasting, disbursement controls, and construction draw funding.
• Maintain relationships with banking partners and coordinate insurance and entity compliance items.
• Point person for all Audit and Tax work with our outside CPA and Tax firm to ensure compliance and timely submissions of all information.

Budgeting, Forecasting, and Analysis

• Develop and maintain annual budgets and forecasts with the CFO, department heads, and project teams.
• Track actual performance against budget across development, construction, and real estate holdings.

Team Leadership

• Lead, coach, and develop a team of accounting professionals, setting clear expectations and deadlines for the monthly close.
• Partner with project managers and other departments to answer financial questions and meet their reporting needs.

Systems, Automation, and Internal Controls

• Serve as a lead user and owner of Sage Intacct, including chart of accounts, dimensions, and reporting.
• Use advanced Excel, including Power Query, Power Pivot, dynamic arrays, and macros, to automate recurring reports and reconciliations and reduce manual work.
• Design, document, and improve accounting processes and internal controls as the company grows.

Using AI to Automate and Improve Processes

• Identify repetitive accounting work, such as account reconciliations, invoice and expense coding, flux analysis, and variance commentary, and apply software and AI tools to cut manual effort and speed up the close.
• Use AI to draft first-pass analysis, management commentary, and summaries of loan and fund documents, and review all output for accuracy before it is used.
• Combine AI tools with Excel, Power Query, macros, and Sage Intacct to build repeatable workflows the whole team can run.
• Set clear guidelines for responsible AI use, including data confidentiality, review and documentation standards, and internal controls.
• Coach the team on practical AI tools and encourage them to find new ways to work more efficiently.

Outside Partners, Audit, and Tax

• Work with our outside CPA firm on tax filings, audits and reviews, and technical accounting questions.
• Prepare schedules and support for auditors, lenders, attorneys, and insurance providers.

Required Qualifications

Education and Experience

• Bachelor's degree in Accounting, Finance, or a related field. CPA license strongly preferred.
• At least 5 years of progressive accounting experience, including 2 or more years leading or supervising accounting staff.
• Hands-on experience running a monthly close and preparing GAAP financial statements for multiple entities, including consolidations and intercompany eliminations.

Excel and Technical Skills

• Working knowledge of Microsoft Excel, including pivot tables, Power Pivot, Power Query, dynamic array formulas, and macros.
• Comfort learning new systems and connecting them to Excel and accounting software to automate manual work.
• Experience with a cloud-based ERP or accounting system such as Sage Intacct, NetSuite, or QuickBooks.

Skills and Competencies

• Strong command of GAAP and general accounting principles.
• Sharp analytical, organizational, and problem-solving skills, with close attention to detail.
• Ability to explain financial information clearly to non-financial colleagues, lenders, and investors.
• A leader who can coach a small team, manage competing deadlines, and work well with the CFO and executive team.

Preferred Qualifications

• Experience with Sage Intacct, including dimensions, multi-entity consolidation, and reporting.
• Experience in real estate, construction, or private equity fund accounting, such as job costing, construction draws, capital accounts, or waterfall calculations.
• Familiarity with pass-through entities and partnership taxation.
• Experience monitoring loan covenants and reporting to lenders.
• Exposure to tools such as Velixo, Procore, or similar close-management and reporting software.

Pay Range:

• $150,000 to $180,000 depending on qualifications and experience.

BlackSpire Capital Group offers a competitive compensation package, including many benefits and the opportunity to be an integral part of a dynamic and growing construction company. If you are a dedicated and experienced financial professional with a passion for the construction industry, and you meet most of the required qualifications, we encourage you to apply for the position of Controller with our company.  BlackSpire Capital Group is an equal opportunity employer.