BUILD WITH CHASE MERRITT.

Role Overview

This position provides direct oversight and leadership to the Project Accountants, with a strong emphasis on both fund-level accounting for third-party LP capital and project-level development accounting.

The role may be structured as either part-time or full-time depending on experience and business needs.

Key Responsibilities

Accounting & Financial Operations

• Oversee day-to-day accounting operations, including general ledger, accounts payable, accounts receivable, and payroll coordination
• Ensure timely and accurate monthly, quarterly, and year-end financial close processes
• Prepare and review financial statements, reports, and analyses for leadership and ownership
• Maintain and enforce accounting policies, procedures, and internal controls
• Ensure compliance with GAAP and applicable regulatory requirements

Project & Development Accounting

• Oversee project accounting for real estate development and construction projects
• Directly manage and support the Project Accountants
• Review project budgets, job cost reports, and financial forecasts
• Support lender and investor reporting, including draw packages and supporting schedules
• Partner with Construction Owner’s Representatives and development leadership to ensure accurate cost tracking and capitalization
• Monitor cash flow, funding sources, and project-level financial performance

Leadership & Team Management

• Provide direct supervision, mentorship, and performance management for the Project Accountants
• Establish clear workflows, priorities, and accountability across accounting and administrative functions
• Support hiring, onboarding, and development of finance and administrative team members
• Serve as a key financial and operational partner to company leadership

Human Resources, Administration & Systems Oversight

• Oversee payroll, benefits administration, and HR systems in coordination with the Office Manager & HR Coordinator
• Ensure proper onboarding, employee documentation, and HR compliance processes
• Maintain and optimize accounting, payroll, and financial systems (e.g., Gusto, ADP, Yardi, Sage, NetSuite, or similar)
• Coordinate with external CPAs, tax advisors, auditors, legal counsel, and lenders

Required Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field
• 10+ years of progressive accounting experience, including leadership responsibility
• Experience with fund accounting, waterfalls, investor reporting, and management of third-party LP capital in a real estate private equity or fund environment
• Experience in real estate development, construction, or project-based accounting
• Strong knowledge of GAAP, job cost accounting, and capitalization principles
• Proven experience overseeing month-end close, financial reporting, and internal controls
• Experience managing and developing accounting or administrative staff
• Proficiency with accounting and financial systems and advanced Excel skills
• Strong leadership, communication, and organizational skills
• High level of integrity and discretion

Preferred Qualifications

• CPA or CMA designation
• Experience supporting lender and investor reporting
• Experience working with or overseeing outsourced HR, payroll, or PEO providers
• Experience scaling accounting systems and processes in a growing organization

Reporting & Work Environment

• Reports to the CFO/Corporate Controller, with regular interaction with the COO
• This is an in-person role primarily based in our Montrose, CO office, with occasional travel to our Telluride, CO office. Limited remote flexibility may be considered after onboarding and proven performance.
• Works closely with Development, Construction, Finance, Investment Management, and Leadership teams

Key Responsibilities

• Establish and maintain project budgets, job cost structures, and cost codes
• Track, analyze, and forecast project costs and commitments against approved budgets
• Prepare and review monthly project financial reports, including variance analysis
• Collaborate with project managers and development teams to support cost control and decision-making
• Review and process project-related invoices, draw requests, and reimbursements
• Assist with lender and investor draw packages, including schedules and supporting documentation
• Monitor contracts, change orders, and funding limits to ensure financial compliance
• Support proper capitalization and cost recognition in accordance with accounting standards and company policy
• Assist with month-end and year-end close related to project accounting
• Reconcile project accounts and research and resolve discrepancies
• Support audits and provide project-level financial documentation as needed

Required Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field
• 2–5 years of experience in project accounting, construction accounting, or real estate development accounting
• Strong understanding of job cost accounting, budgeting, and forecasting
• Proficiency in accounting software and Microsoft Excel (formulas, pivot tables, lookups)
• Strong attention to detail with excellent organizational and analytical skills
• Ability to communicate effectively with cross-functional teams

Preferred Qualifications

• Experience in real estate development, construction, or commercial real estate
• Familiarity with lender draws, investor reporting, and capitalized cost tracking
• Experience with accounting or ERP systems such as Sage, Yardi, MRI, NetSuite, or similar
• Knowledge of revenue recognition and capitalization principles
• CPA or progress toward certification is a plus

Work Environment

• This is an in-person role primarily based in our Montrose, CO office, with occasional travel to our Telluride, CO office. Limited remote flexibility may be considered after onboarding and proven performance.
• Works closely with Development, Construction, and Finance teams

Role Overview

Take full ownership of your analyses, models, and deliverables—no excuses for gaps in accuracy or timeliness.

Operate under decentralized command: understand the mission and intent from senior leaders, then execute independently and decisively within your lane while contributing to team success.

Collaborate closely with the Director, Project Controller, Asset Manager, development, and construction teams to inform capital deployment, risk assessment, and long-term value creation in opportunistic real estate.

Key Responsibilities

Financial Modeling & Underwriting

• Develop, maintain, and refine detailed pro forma models for development projects, fund investments, direct/co-investments, and opportunistic opportunities, including cash flows, IRR/NPV, equity multiples, sensitivities, debt structuring, waterfalls, and return metrics
• Conduct thorough underwriting, due diligence, and market research on potential acquisitions, developments, and commitments, evaluating comparables, assumptions, timelines, and risks
• Identify value creation opportunities, execution risks, and optimization strategies to support informed investment decisions

Fund & Asset Performance Analysis

• Monitor and analyze ongoing performance of fund assets and projects against underwriting, budgets, forecasts, and benchmarks
• Prepare accurate, timely fund-level and project-level reporting materials, including performance summaries, investor updates, commitment tracking, compliance metrics, and ad-hoc analyses
• Perform market/competitive research to refine assumptions and enhance model reliability

Collaboration & Support

• Partner with development, construction, asset management, and ownership teams to align models with project realities, strategic objectives, and execution updates
• Assist in preparing lender/investor materials (e.g., draw packages, covenant monitoring, refinancing analyses) and investment memoranda for committee/ownership review
• Maintain organized libraries of models, data sources, documentation, and reporting templates for repeatability, audit readiness, and team efficiency
• Mentor/support junior team members where applicable and contribute to cross-functional coordination between development management and investment management practices—build trust, provide clear guidance, and foster ownership at every level

Required Qualifications

• Bachelor’s degree in Finance, Real Estate, Economics, Accounting, Business, or related field
• 2–5 years of experience in real estate financial analysis, investment underwriting, development modeling, private equity analysis, or comparable role (buy-side preferred; sell-side/development advisory acceptable)
• Advanced proficiency in financial modeling using Excel (complex scenarios, sensitivities, waterfalls; familiarity with Argus/Proforma a plus)
• Solid understanding of real estate finance principles, including pro formas, DCF, EM, IRR/NPV, layered debt structuring, tiered waterfalls, and development/opportunistic metrics
• Strong analytical skills with meticulous attention to detail and ability to distill complex data into clear, actionable insights
• Effective communication skills to present analyses to senior stakeholders
• Ability to work independently on modeling, analysis, and reporting while taking full ownership and collaborating effectively

Preferred Qualifications

• Experience in hospitality, commercial, or development-oriented real estate private equity/funds
• Familiarity with closed-end opportunistic fund structures, investor reporting, or non-fund/co-investment underwriting
• Exposure to due diligence, lender/investor processes, or Colorado/Western U.S. markets
• Progress toward CFA, CPA, or equivalent designation

Work Environment

• Primarily in our Montrose, CO office. Secondarily in our Telluride, CO office. Remote flexibility required.
• Works closely with the Managing Director, Director of Real Estate Investments, Project Controller, Asset Manager, Development, Construction, and External Advisors