Commercial RE Corporate Controller

DevCo is seeking a Corporate Controller to join our team in  Bellevue, WA area. The Corporate Controller leads Financial Reporting and Accounting Operations, including Corporate Accounting, Accounts Payable, Audit and Treasury and will assist the CAO in managing Property Accounting, Development and Construction Accounting. This position is responsible for  accurate and timely monthly financial statements and for adequate internal controls to be in place, executed properly, and improved as deficiencies are identified. 

About the Company

DevCo Residential Group is an integrated development and investment company focused on multi-family communities. Founded in 1994, the company and its affiliates develop, own, and manage over 10,000 affordable and market rate apartment units throughout the United States. Headquartered in Bellevue, Washington, DevCo is one of the largest providers of affordable housing in Washington State.

Mission:

Devco Residential Group’s mission is to develop, construct and manage high-quality multifamily housing that provides stability, fosters growth and delivers long-term value to our residents and stakeholders.

Vision:

DevCo’s vision is to be a leading developer, builder and manager of quality multifamily  housing throughout the western US.

Values:

• Quality:                We deliver excellence in every aspect of our work.
• Commitment:       We honor our promises with unwavering dedication.
• Teamwork:           We achieve more together through collaboration and respect.
• Integrity:               We uphold the highest ethical standards in all we do.

Benefits Offered

• Over 90% company paid medical benefits for employee coverage.

• 100% company paid dental and vision benefits for employee coverage.

• Healthcare and dependent care flexible spending accounts.

• Company paid life insurance, AD&D and long-term disability benefits for employee coverage.

• Best-in-class voluntary insurance benefits.

• Pre-tax and Roth 401(k) programs with a company match equal to 100% of the first 4% contributed by the employee.

• Discretionary bonus programs.

• Eligibility for a 20% housing discount consideration after 90 days of hire.

• Employee assistance program (EAP) with 24/7 counseling services.

• Company-sponsored backup childcare.

• Employee discount program through LifeMart.

• Company-sponsored industry training and certifications.

• 3 weeks of paid time off each year.

• Up to 12 paid holidays each year.

Pay Details: $185,000 -$215,000

Key Responsibilities 

Accounts Payable 

• Manage the AP team and oversee the full-cycle Accounts Payable process, including vendor onboarding, invoice approval workflows, and timely payment processing. 

• Ensure accuracy and compliance with internal policies, contract and purchase order terms, and jurisdictional tax requirements. 

• Partner with Property Management to streamline vendor payment processes. 

• Monitor AP aging reports and manage payment schedules to optimize cash flow and ensure positive vendor relationships 

Treasury & Cash Management 

• Oversee Treasury Specialist in their day-to-day functions of daily cash management and liquidity planning across all operating and ownership entities. 

• Monitor reserve requirements and balances, cash calls, and funding requirements for development, acquisitions, and other transactions. 

• Recommend cash optimization and investment strategies. 

• Manage relationships with banks, lenders, and financial institutions. 

Property Management 

• Coordinate with Chief Accounting Officer to supervise the accounting functions related to property management and ensure timely reporting. 

• Coordinate with VPs of Property Management and Portfolio Managers to review financial performance and support operational decision-maki