Division Controller

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Job description

Division Controller

We are Lennar

Lennar is one of the nation's leading homebuilders, dedicated to making an impact and creating an extraordinary experience for their Homeowners, Communities, and Associates by building quality homes and providing exceptional customer service, giving back to the communities in which we work and live in, and fostering a culture of opportunity and growth for our Associates throughout their career. Lennar has been recognized as a Fortune 500 company and consistently ranked among the top homebuilders in the United States.

Join a Company that Empowers you to Build your Future

The Division Controller is responsible for providing regional, division management, corporate office and joint venture partners with timely and accurate financial statements, reports, forecasts and analysis, performing accounting services, complying with company accounting policies and procedures, and ensuring compliance with internal reporting requirements. This is a management level position and directly responsible for overseeing the Accounting Department.

• A career with purpose.

• A career built on making dreams come true.

• A career built on building zero defect homes, cost management, and adherence to schedules.

Your Responsibilities on the Team

• Prepare timely and accurate monthly financial statements, reports and forecasts as required by Lennar policy and reviewed with executive staff. Responsible for JV accounting, compliance, and preparation of financial reporting packages.

• Ensure division compliance with corporate policies and procedures, Sarbanes-Oxley requirements, and JV operating agreements. Meet the corporate reporting deadlines as outlined on corporate calendar.

• Prepare annual financial plans and updates. Prepare monthly and quarterly forecast and updates.

• Coordinate and review budgets and conduct monthly job revision budget reviews with division personnel.

• Assist in development and monitoring of general and administrative budgets for JV's and division. Review budgets monthly with senior management.

• Coordinate and review all land development budgets and meeting with land personnel to update and accurately report all land and land development costs.

• Manage cash flows for division and for all JV's to ensure adequate cash at all times, request capital contributions, prepare distributions and cash reporting requirements to corporate.

• Manage bank loans including coordination with lenders, draw requests, interest calculation and accrual and reporting.

• Responsible for the coordination of divisional and JV audits with internal and external auditors and respond to corporate audit requests.

• Evaluate new opportunities and provide input into purchase and sale agreements, operating agreements, management agreements and preparation of green folder feasibility packages.

• Assist in the preparation and presentation of the quarterly operations review meetings.

• Perform all other duties as assigned.

Requirements

• Several years of progressive accounting experience, through the controller level, background in real estate development is preferable

• Bachelor of Science degree with emphasis in accounting and finance required

• Valid driver's license

• Certified Public Accountant (CPA)

• Understanding of generally accepted accounting principles, cost accounting with the emphasis on job costing, and a background in income tax and real estate law

• Knowledge of joint venture accounting policies

• Good language skills, both written and oral

• Ability to calculate figures and amounts such as discounts, interest, commissions

• Able to work independently with minimal supervision

• Proficiency with various computer hardware, software and accounting systems that are used in the real estate industry. JD Edwards accounting system experience desirable

• Demonstration of experience in Urban High Density development (Urban divisions only)

• Previous experience in commercial leasing and property management accounting (Urban divisions only)

Physical & Office/Site Presence Requirements

This is primarily a sedentary office position which requires the ability to occasionally bend, stoop, reach, lift, move and carry office materials and supplies weighing twenty-five (25) pounds or less. Finger dexterity is required to operate a computer keyboard and calculator. May be required to operate a motor vehicle.

• This information is intended to be a general overview and may be modified by the company due to factors affecting the business.

General Overview of Compensation & Benefits:

We reasonably expect the base compensation offered for this position to range from an annual salary of $132,670.26 - $182,766, subject to adjustment based on business-related factors such as employee qualifications, geographic pay differentials (e.g., cost of labor/living, etc.), and operational considerations.

• This position may be eligible for bonuses.
• This position may be eligible for commissions.
• This position will be eligible for the described benefits listed in the above section in accordance with Company Policy.
• This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.

Life at Lennar

At Lennar, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone's Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar's policies and applicable plan terms. Visit to view our suite of benefits.

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Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.

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