Published: Oct 18, 2024 - The Development Controller is responsible for overseeing monthly financial reporting for various residential development projects, ensuring compliance with cost-sharing agreements, and managing recoveries from other developers. This position handles the preparation of initial budgets for new and existing project phases, analyzing site plans, contracts, and proposals, and arranging necessary financing while confirming budget adequacy and sales revenue sufficiency for loans. This role maintains and communicates cash flow forecasts, ensures accurate execution of lot purchase agreements, and monitors compliance with loan agreements and funding conditions.
Tips for Development Controller Skills and Responsibilities on a Resume
1. Development Controller, Greenfield Solutions, Charleston, SC
Job Summary:
- Consistent, accurate and timely financial reporting and analysis
- Meeting covenant requirements on all construction loans
- Coordination of all audit activity
- Compliance with financial policies, procedures and GAAP reporting standards
- Evaluation of opportunities for process improvement
- ent and implementation of best methods and practices
- Support and analysis of the annual budget, monthly draw requests and cash flows
- Working with tax accountants to complete federal and state tax returns
- Consultation on other financial matters including HOA oversight
- Coordination, collaboration and partnership with the project management leaders
- Provide leadership oversight on special projects.
Skills on Resume:
- Financial Reporting (Hard Skills)
- Loan Compliance (Hard Skills)
- Audit Coordination (Hard Skills)
- Regulatory Compliance (Hard Skills)
- Process Improvement (Hard Skills)
- Budget Analysis (Hard Skills)
- Tax Preparation (Hard Skills)
- Project Leadership (Soft Skills)
2. Development Controller, BlueSky Development Group, Austin, TX
Job Summary:
- Complete all tax returns and quarterly estimates
- Prepare monthly financial reports for management & ownership teams
- Manage the cash position of the company’s operation
- Manage Accounts payable function, any required insurance programs
- Maintain commission and management fee schedules
- Maintain all required balance sheet reconciliations
- Responsibility for finance-based computer systems
- Planning, coordinating and using the value analysis method to minimize costs and/or increase value
- Proposing and securing rationalization measures by directing and controlling project teams for optimum fulfillment of quality, cost and schedule requirements plus moderating and coordinating value analysis and quality function deployment teams (QFD) to fulfill cost targets and design competitive products
- Incorporating all involved units into the product development process chain while paying particular attention to customer and market requirements
- Create the necessary transparency and decision support for the management to ensure the business success of the company
Skills on Resume:
- Tax Preparation (Hard Skills)
- Financial Reporting (Hard Skills)
- Cash Management (Hard Skills)
- Accounts Payable Management (Hard Skills)
- Balance Sheet Reconciliation (Hard Skills)
- Financial Systems Management (Hard Skills)
- Cost Analysis (Hard Skills)
- Project Coordination (Soft Skills)
3. Development Controller, Summit Growth Ventures, Denver, CO
Job Summary:
- Oversee monthly financial reporting for residential development sites, as well as special projects, including verification of compliance with cost-sharing agreements, recoveries from other developers, etc.
- Compile initial budget for new projects and new phases of existing projects including detailed analysis of site plans, construction contracts, cost-sharing agreements, development schedules, and proposals from various consultants.
- Arrange financing for projects with lenders.
- Ensure completeness of development budgets and sufficiency of sales revenue to support requested loan.
- Ensure lot purchase agreements are executed for land available for sale.
- Review loan agreements and ensure compliance with all relevant provisions, including the satisfaction of funding conditions and reporting requirements.
- Analyze ongoing project budgets and report variances to the development team/other stakeholders.
- Maintain cash flow forecasts and update stakeholders on requirements on an ongoing basis.
- Prepare monthly construction draw requests from lenders.
- Calculate and invoice all entitled recoveries from external parties pursuant to front-ending and cost-sharing agreements
- Ensuring all customer development is clear and accurate on sector pipeline document
Skills on Resume:
- Financial Reporting (Hard Skills)
- Budget Compilation (Hard Skills)
- Project Financing (Hard Skills)
- Contract Management (Hard Skills)
- Loan Agreement Compliance (Hard Skills)
- Budget Analysis (Hard Skills)
- Cash Flow Forecasting (Hard Skills)
- Customer Development Oversight (Soft Skills)
4. Development Controller, NorthGate Construction, Cleveland, OH
Job Summary:
- Managing the work of value analysis teams, involving all the necessary internal and external positions or departments in order to work out functional and cost-effective products and processes
- Identifying ratio potentials in product design and in the manufacturing process, with the involvement of suppliers, and thereby ensuring the realization of the company’s competitiveness
- Working out or developing methods and systems to ensure the competitiveness of products
- Selecting and specifying projects that are to be processed for VA/ECQ, including directly coordinating with the heads of affected organizational units in order to fulfill the objectives of those units
- Complying with the targets that have been agreed upon with the client as regards quality, costs, and deadlines (Q-C-D) using procedures that will guarantee the primary result (e.g. risk management, failure mode and effects analysis, change management, scheduling) to fulfill customer requirements with optimal efficiency
- Presenting reports of part results to clients in the agreed level of detail and at agreed points in time (according to Hella’s procedures) in order to make the necessary information transparent for processes and decisions
- Deploying employees corresponding to qualifications within the relevant structure.
- Instructing and supporting employees in a target-oriented and motivating manner to fulfill the tasks
- Guiding, instructing and supporting employees in function-related tasks
- Participating in the hiring process and being responsible for sustaining the team performance and evaluation as well as qualification demands
- Managing employees according to targets and delegation, selecting, qualifying and further developing employees based on a culture of trust, control effectiveness, in order to develop and compensate potential and promote individual competencies, to achieve the targets of the department
Skills on Resume:
- Team Management (Soft Skills)
- Cost Analysis (Hard Skills)
- Method Development (Hard Skills)
- Project Coordination (Soft Skills)
- Compliance Management (Hard Skills)
- Reporting and Transparency (Soft Skills)
- Employee Training (Soft Skills)
- Performance Evaluation (Soft Skills)
5. Development Controller, BrightPath Properties, Orlando, FL
Job Summary:
- Influence drive and manage multiple projects at a pace
- Manage broad complexity across multiple businesses and sectors.
- Influence business sector leadership teams to deliver the strategy
- Motivates and manages the team to effectively deliver the development activity to the highest standard.
- Supports and mentors team members to deliver personal development
- Leverages strong and effective customer relationships to deliver growth opportunities.
- Works with Commercial and Marketing, applying the principles of category management, to define and deliver category development plans in line with the customer and category strategy.
- Ensures there is a clear customer innovation pipeline of new opportunities to drive growth.
- Drives sector-led innovation opportunities.
- Ensuring product development delivers in line with customer and business expectations.
- Supports the delivery of sector-driven initiatives.
- Owns the cross-customer pipeline document, ensuring clear and accurate visibility.
Skills on Resume:
- Project Management (Hard Skills)
- Strategic Influence (Soft Skills)
- Team Leadership (Soft Skills)
- Mentorship (Soft Skills)
- Customer Relationship Management (Soft Skills)
- Category Management (Hard Skills)
- Innovation Development (Hard Skills)
- Initiative Support (Soft Skills)