Assistant Controller

About Us

Chelsea Investment Corporation is a California-based leader in the financing and development of affordable housing. We’re a team of experienced professionals that work to identify and implement timely and cost-effective solutions to provide quality homes for thousands of people. Over the three decades that we’ve been doing business, we have been consistently recognized as a top developer, as well as received achievements in energy, merit, master planning, and projects. Additionally, we have been identified as one of the fastest-growing privately held companies, and our CEO has been named one of the most influential business leaders. As you can see – we’re passionate about affordable housing AND our people, and we hope you are too! We welcome you to join our amazing team in beautiful Carlsbad, California.

What You’ll Be Doing

As Assistant Controller with Chelsea Investment Corporation, you will be primarily responsible for assisting with all development-related accounting operations, including accurate and timely financial reporting, budgeting, forecasting, variance analysis, and treasury functions.

The Assistant Controller will also assist the Corporate Controller and CFO in establishing and maintaining procedures and controls as well as leading company initiatives.

Additionally, your tasks will include, but not be limited to:

·         Overseeing accounting operations, including establishing accounting policies and procedures to ensure all financial transactions are controlled, executed, and documented according to generally accepted accounting principles (GAAP)

·         Preparing monthly financial reports which accurately summarize and forecast company business activity and financial position

·         Creating budgets and forecasts to analyze cash flow, identify trends, and track variances to mitigate risk and enhance the company’s financial results

·         Supervising and monitoring the financial integrity of the general ledger and financial accounting and reporting systems

·         Setting up and maintaining supporting schedules for balance sheet accounts

·         Recommending distributions based on available cash and anticipated future cash requirements

·         Leading the financial statement audit and assist with tax return filings including preparation of support schedules as requested by CPA firm

·         Establishing books and records for new entities and maintain business organizational charts

·         Ensuring compliance with local, state, and federal government requirements

·         Acting as a supervisor, mentor, and instructor for accounting team members

What You’ll Need to Perform the Role

To be successful in this role, you’ll use your bachelor’s degree in accounting or finance and four (4) years of experience in progressively responsible financial leadership roles, preferably in a related industry such as real estate, tax, banking, finance, or public administration; or an equivalent combination of education, training, and/or experience from which comparable knowledge, skill, and abilities have been attained.

You will also have:

• Three (3) years of experience in accounting operations in a related industry
• Two (2) years of experience in supervising accounting staff
• Advanced knowledge of accounting principles and accounting functions
• Proficiency with Microsoft Office (Word, Excel, and Outlook)
• Proficiency using Microsoft Dynamics/Great Plains, Sage CRE (Timberline), and/or Textura preferred

 You’ll also need the following attributes:

• Extremely organized with ingrained ability to prioritize and multi-task in a fast-paced environment
• Keen attention to detail with focused adherence to strict deadlines and procedures
• Sound problem-solving skills with demonstrated ability to exercise sound independent judgment
• Teamwork mindset to work effectively with a diverse group of people
• Effective ability to communicate clearly and concisely, both in verbal and written forms
• Genuine desire to work in real estate development affordable housing industry

Additionally, you’ll support an inclusive workplace by fostering teamwork and employee participation, encouraging the representation of different employee perspectives, and treating others with dignity and respect in alignment with our company C.A.R.E.S values (Communication; Accountability; Relationships; Excellence; Solutions).

What’s in it for You

Chelsea’s people are at the core of everything we do. We offer meaningful careers, competitive salaries, annual bonus packages, and an energetic office environment.

We take the well-being of our team members seriously; thus, providing an attractive benefits and perks package to meet the needs of all our employees. This package includes, but is not limited to:

• Medical (HMO, PPO, HDHP/HSA plans available)
• Dental (HMO and POS)
• Vision
• Section 125 Cafeteria Plan
• Company sponsored Disability and Life insurance
• 401K plan participation with company match
• Paid Time Off (PTO)
• Opportunities for professional development
• Flexible work schedule as business needs permit
• Company-wide events

Hiring Range

$110K to $125K on an annualized basis, depending on qualifications.

The pay range for this position starts as listed in the job posting but may change based on education and experience. Final compensation is determined by various factors, such as education, training, experience, work location, required travel (if any), and external market conditions. In addition to salary, we offer a comprehensive benefits package, including health insurance, 401(k), paid time off including a generous holiday schedule.

What Comes Next

If this role seems of interest to you and you meet the needs to be successful, apply using the link below. Our recruiting team will then review your application and any of the materials you submit. From that point, we’ll reach out if you’re a fit and introduce you to the hiring manager and move you through the interview process, which will encompass meeting virtually, as well as in person at our corporate office in Carlsbad and/or project job site (following all COVID-19 safety precautions and protocols).

Equal Opportunity

Chelsea Investment Corporation is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity, or expression, or any other characteristic protected by federal, state, or local laws. We encourage applications from minorities, women, the disabled, protected veterans, and all other qualified applicants.

Diversity, Equity, and Inclusion Commitment Statement

• We acknowledge that historic and ongoing discrimination results in a society where certain groups are disadvantaged in ways that are not always obvious.
• We understand that a commitment to racial equity and inclusion is not always easy, is not always comfortable, and is not always expedient. It is nevertheless a commitment we have chosen to make.
• Our commitment to racial equity and inclusion is evidenced by our demonstrated actions to address the unique housing needs of Black, Indigenous, People of Color, and other marginalized groups. We intentionally develop and manage affordable housing that addresses the needs of historically marginalized, and disenfranchised populations.
• We celebrate and encourage diversity in all forms and promote equity and inclusion through our practices, policies, systems, and behaviors.
• Our commitment to diversity, equity, and inclusion is embedded in all aspects of our work. We intentionally create an inclusive environment where our internal team, our external clients, and our contracted service providers are valued and supported.