Construction and Development Financial Controller at CARABETTA COMPANIES – Meriden, Connecticut

Financial Controller
Full Time | Meriden, CT, US
Salary Range: DOE
Schedule: Monday–Friday, 8:00 AM–4:30 PM

SRC, A Carabetta Company, is looking for a financial controller to serve as a key member of the Executive Management Team. This role is responsible for establishing, maintaining, and continuously improving financial systems, internal controls, and reporting processes to ensure timely, accurate, and compliant financial reporting across SRC’s Construction Division, Real Estate Development entities, and related business ventures.The Controller will provide strategic financial leadership while overseeing budgeting, forecasting, cash management, and day-to-day accounting operations. This position leads and develops a high-performing accounting team and collaborates closely with executive leadership across multiple business units.

Responsibilities
Responsibilities are included but not limited to:

• Lead the development and maintenance of financial systems, internal controls, and reporting processes in accordance with GAAP

• Oversee monthly, quarterly, and annual financial reporting for construction, development, and related entities

• Prepare and review financial statements and executive-level reporting

• Provide daily cash flow analysis and reporting to executive leadership for all managed entities

• Manage the annual budgeting and rolling forecast processes

• Review budgets for accuracy, assumptions, and alignment with business objectives

• Perform variance analysis and provide actionable recommendations

• Support executive decision-making through financial modeling and strategic analysis

• Oversee Work-in-Progress (WIP) reporting and percentage-of-completion accounting

• Prepare and review monthly AIA construction billings

• Facilitate cost certification processes and coordinate with external auditors

• Ensure compliance with HUD and state/local affordable housing accounting and documentation requirements

• Oversee cash management, liquidity planning, and accounts payable processes

• Ensure timely and accurate payments to vendors, subcontractors, and partners

• Maintain strong controls over disbursement and cash management activities

• Participate in sourcing and structuring debt and equity financing

• Ensure accurate tracking of sources and uses of funds

• Support lender reporting and ongoing compliance requirements

• Develop, document, and maintain accounting policies and procedures

• Ensure compliance with regulatory requirements and internal controls

• Identify, assess, and mitigate financial and operational risks

• Manage relationships with external CPAs, lenders, surety brokers, and other third-party partners

• Lead annual financial audits, tax compliance activities, and insurance reviews

• Ensure timely completion of all audit and regulatory filings

• Oversee business insurance audits in coordination with brokers and carriers

• Manage relationships with external CPAs, lenders, surety brokers, and other third-party partners

• Lead annual financial audits, tax compliance activities, and insurance reviews

• Ensure timely completion of all audit and regulatory filings

• ead, mentor, and develop an accounting team of approximately three professionals

• Collaborate with Carabetta-affiliated Property Management accounting teams on intercompany and related-party transactions

• Promote a culture of accountability, continuous improvement, and professional development

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field required, Masters degree a plus!

• CPA or equivalent professional certification strongly preferred

• Minimum 8–10 years of progressive accounting or finance experience, with significant exposure to construction and real estate development accounting

• Demonstrated expertise in GAAP, WIP accounting, percentage-of-completion, and multi-entity reporting

• Strong experience with budgeting, forecasting, cash flow management, and financial analysis

• Proven leadership experience managing and developing accounting teams

• Experience with affordable housing accounting, HUD compliance, and cost certifications

• Familiarity with ERP or construction accounting systems

• Experience working with lenders, surety brokers, and equity partners

• Strong understanding of internal controls and enterprise risk management

• Strategic and analytical mindset with strong problem-solving skills

• Excellent communication skills with the ability to present financial information to executive leadership

• High ethical standards, attention to detail, and commitment to confidentiality

At The Carabetta Companies, we hold ourselves to high standards and seek team members who share our commitment to excellence. When you join us, you become part of a motivated, hard-working group of professionals—our Carabetta “extended family.”

Join SRC, a Carabetta Company, and provide financial leadership that supports impactful construction and real estate development across our growing portfolio. Apply today.