This position is open exclusively to candidates based in Mexico City.
Who are we?
At Blue Coding, we specialize in hiring excellent professionals and amazing people from all over Latin America and other parts of the world. For the past 12 years, we've helped cutting-edge companies in the United States and Canada build great teams and achieve their goals. Large multinationals, digital agencies, SaaS providers, and software consulting firms are just a few of our clients. Our team of over 150 professionals, including engineers, project managers, finance and accounting specialists, QA and UX/UI designers, and many more, is distributed across more than 10 countries in the Americas. We are a fully remote company working across a wide range of industries and disciplines, with expertise at every stage of the talent engagement process.
Our team is highly connected, united, and culturally diverse, and our collaborators are involved in many initiatives around the world, from wildlife preservation to volunteering at local charities. We stand for honesty, fairness, respect, efficiency, hard work, and cooperation
Our client is a real estate private equity firm that manages the full development lifecycle, from land acquisition and entitlements through vertical construction, stabilization, and long-term asset management
We are looking for an experienced VP of Finance/Controller to lead the accounting, reporting, and financial operations. The firm's active development pipeline comprises six communities across the US totaling more than 706 multifamily units and over $229M in total development budget, along with a hospitality project in Tucson.
If you have deep experience in real estate development accounting, private equity fund structures, construction draws, job cost accounting, and investor financial reporting, this is a great fit for you.
What's unique about this job?
Reporting to the CFO/Managing Partner, you'll build and oversee all fund-level and project-level accounting processes, ensure GAAP compliance, support capital-raising efforts, and serve as a key partner to executive leadership on a growing real estate private equity platform focused on ground-up development, build-to-rent communities, and value-add multifamily assets.
This is a high-ownership role in a fast-growing platform, where you'll also build the FP&A function over time, including hiring and mentoring analysts and establishing a disciplined reporting cadence.
Here are some of the exciting day-to-day challenges you will face in this role:
Oversee all accounting for GP and LP entities, including consolidations under ASC 810; manage capital calls, distributions, waterfalls, and carried interest calculations.
Prepare monthly financial statements, partner capital statements, and investor reports; coordinate annual audits and tax returns with external audit and tax firms.
Oversee job costing, construction draw packages, and reconciliation of development budgets, including WIP schedules, soft vs. hard costs, and capitalization of costs per GAAP (ASC 360).
Own commitment accounting for long-term construction contracts and review and approve monthly general contractor pay applications (AIA G702/G703 or equivalent) against the schedule of values and contracted commitment.
Establish and enforce change order, retainage, and lien waiver controls, including approval requirements and release procedures at project closeout.
Manage AP, AR, payroll, cash flow forecasting, and the corporate general ledger; oversee development management fee billing and ensure intercompany billings are recorded, reconciled, and eliminated properly in consolidation.
Own the annual budgeting and long-range planning process across corporate, fund, and project entities, and build the firm's core forecast models, including rolling 13-week cash flow, multi-year P&L, balance sheet, and liquidity/runway projections.
Lead the monthly and quarterly re-forecast cycle, reconciling each update to the prior forecast and delivering budget-vs-actual variance analysis with written commentary on drivers, risks, and corrective action.
Develop and maintain underwriting and investment models for new acquisitions and development opportunities, stress-testing key assumptions through sensitivity and scenario analysis.
Model capital structure and financing decisions, including construction loan draws, refinancing, and debt sizing, and evaluate their impact on project and fund returns (IRR, equity multiple, DSCR, debt yield).
Define and track the KPIs and management dashboards used to measure fund, project, and corporate performance, and present financial results and strategic recommendations to the CFO, Managing Partner, and investors.
Assist in preparing investor reporting packages, capital account statements, and due diligence materials to support capital raises and institutional partners.
Implement and improve accounting systems (Intuit Enterprise Suite & bill.com), internal controls, and closing procedures; monitor covenants, reporting deadlines, and lender deliverables.
You will shine if you have:
Master's degree in Accounting, Finance, or a related field; MBA from a top-tier institution preferred. CPA/CA nice to have.
5–10+ years of progressive accounting experience in private equity, real estate development, or REIT/multifamily.
Strong knowledge of US GAAP, particularly ASC 810, 323, 360, 970, 842, and fund accounting principles.
Experience with construction accounting, cost segregation concepts, and investment accounting.
Hands-on experience with multi-entity structures, joint ventures, waterfalls, and investor allocations.
Demonstrated FP&A leadership experience, including ownership of budgeting, forecasting, and financial modeling for a multi-entity organization; advanced financial modeling skills required.
Advanced Excel skills; familiarity with Intuit Enterprise Suite a plus.
Advanced data analytics and database management skills required.
High attention to detail, strong communication skills, and the ability to thrive in a fast-paced environment.
Excellent verbal and written English communication skills.
Ready to learn more? Apply below!
