BMP Real Estate Holdings is the owner and developer (the Company) of the Balsam Mountain Preserve, which is located in the Blue Ridge Mountains of Western North Carolina approximately 45 miles west of Asheville near the town of Sylva. In addition to development activities, the Company has affiliated entities at Balsam Mountain Preserve that provide real estate brokerage services as well as golf and sports club membership services and activities.
The Balsam Mountain Preserve development is a 4,400 acre low density private mountain residential community whose mission statement includes a commitment to preserving its natural surroundings through responsible human stewardship of the natural systems that support all life at Balsam Mountain Preserve. To ensure that generations to come can enjoy this rugged and beautiful place, over 75% of the development (approximately 3,400 acres) has been placed in a permanent conservation easement, thereby providing a sanctuary for living creatures whose natural habitat is within the Blue Ridge Mountains. The Balsam Mountain Trust, a 501 c 3 nonprofit organization, has management and oversight of this donated land and its resources.
We are currently seeking an individual who can immediately contribute to a dynamic and growing team as Controller-Real Estate Development & Club Accounting. This position will be at located at Balsam Mountain Preserve in Sylva, North Carolina.
Manage all accounting for all projects under development, including but not limited to the operation of the golf and sports club, land, lot and amenity development and lot sales.
Supervision of a bookkeeper or junior accountant while supporting personnel in cash management and payroll.
Preparation of accurate monthly financial statements and cash flows, including GAAP and management styled reports, for entities that conduct residential real estate development and real estate brokerage sales as well as a North Carolina nonprofit corporation operating as a member owned golf and sports club.
Preparation of quarterly board meeting financial reports and analysis.
Preparation of monthly budget variance reports and analysis for all entities.
Assist in annual financial planning, budget preparations and analysis which may include preparing development pro formas and other special projects as required.
Other special financial reporting and financial analysis.
Effectively communicate with management regarding contract documents, change orders and other contract modifications, approvals, and any additional services related to invoices or billings.
Maintain project-related records, including billings, invoices, expenses, contracts and other documents (in an electronic format whenever possible).
Work with management to review and approve vendor/sub-contractor invoices related to a project/entity.
Oversee the payment of all costs for all projects/entities.
Provide support and compile information for external auditors, as required.
Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems and written protocol of internal control procedures that will improve the overall operational efficiency and effectiveness of the Company and its affiliated entities. Anticipate ever changing procedures to keep up with impending growth and modify accordingly.
Perform other operational and accounting duties as assigned.
Stay current on new accounting pronouncements that affect the Company and its affiliates. Work with management and financial team to insure accurate and timely implementation into financial statements.
Minimum Education: Bachelor’s degree in accounting.
Certified Public Accountant preferred, but not required if candidate has relevant industry experience.
5 - 7 years of accounting experience within real estate or construction industries, preferably for a real estate developer focused on land or single family development.
Real Estate accounting knowledge is a must including prior experience accounting for development costs.
Proficient with QuickBooks and club accounting software, preferably Jonas. Advanced Microsoft Excel skills and high level of ability working with spreadsheets.
Ability to multi-task, work in high pressure environment.
Effective oral and written communication skills, excellent interpersonal skills.
Strong organizational and time management skills and very detail oriented.
Proactive and solution oriented mindset.
Ability to work independently and work collaboratively in a team environment.
Positive attitude and driven to succeed.
Local candidates preferred. Relocation package may be considered.
Telecommuting is allowed.
Additional Salary Information: Salary based upon experience.
Balsam Mountain Preserve and BMP Real Estate Holdings are owned through affiliates of Pangea’s Edge Holdings, an independent, privately owned family investment firm founded to support the multi-generational financial management and investment activities of its stakeholders. Pangea’s Edge has a strong focus on private equity opportunities and participates in both controlling and minority equity in...vestments as well as financings. We participate in a wide array of private equity opportunities ranging from angel & seed investments, venture capital investments, and search funds to the more mature lower-middle market. Additionally, we maintain a targeted portfolio of real estate and energy related investments. We often co-invest with others, though we prefer to have a position of influence (e.g., board membership) within our investment portfolio.
Pangea’s Edge maintains a long-term portfolio strategy and can invest in opportunities with varying exit time horizons. We invest across industries and can participate in opportunities with non-traditional or unorthodox structures.
As a Limited Family Partnership, we do not accept outside funds for investment.
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Formed in 1974, the Independent Bankers Association of Texas (IBAT) represents Texas community banks. The Austin-based group is the largest state community banking organization in the nation, with membership comprised of more than 2,000 banks and branches in 700 Texas communities. Providing safe and responsible financial services to all Texans, IBAT member bank assets range in size from $10 million to $20 billion with combined assets statewide of nearly $165 billion. IBAT member banks are committed to supporting and investing in their local communities.