Controller

Who We Are

Culdesac Tempe is a mixed-use neighborhood development, which opened in 2023. The neighborhood features open space, shared courtyards, and 20+ retailers including the James Beard-nominated Cocina Chiwas. Culdesac is the co-developer and property manager. However, we call it Neighborhood Management because this so much more than just an apartment complex.

Read more about our vision, our product, and how we are changing how people live, work, and move:

Introducing Culdesac: Building car-free neighborhoods from scratch by Ryan Johnson (CEO & Founder)

The Capital of Sprawl Gets a Radically Car-Free Neighborhood by The New York Times

Watch New Car-Free Neighborhood in Arizona - NBC Nightly News with Lester Holt

Paying Rent Will Get You Wheels in New Car-Free Complex by Bloomberg

Listen to the conversation about designed environments to improve healthspan, mobility, and positive habits - Ryan Johnson and hall-of-fame basketball player Steve Nash on the Good Traffic podcast

11 rules for buying an ebike. Ebikes are about to change the world. By Ryan Johnson (CEO & Founder)

We’re headquartered in Tempe, AZ and were founded in 2018. CEO Ryan Johnson was previously on the founding team of Opendoor and has been managing property since 2003. Our investors include Khosla Ventures (led OpenAI’s seed round), Lennar (#2 homebuilder in the US), Zigg Capital, and Y Combinator.

The Role

As the Controller at Culdesac, you will oversee operations related to accounts payable, accounts receivable, cash management, banking and treasury, and coordinate with third party accounting support at the company. You will be a key part in our daily financial operations.

The Requirements

While this list represents what we are ideally looking for, we encourage you to apply even if your resume includes strengths and experiences that don’t match everything listed here. We expect most to need at least 2 years of related real estate industry experience or 3+ years of financial experience to fulfill this position. Accounting or Finance degree preferred.

Maintain the company expense and finance management platform (Ramp); confirm bills are coded to correct categories and departments, approved through proper channels, and paid on time.

Review and approve invoices across projects and corporate.

Prepare and submit all lender draws for projects under development and in renovation.

Resolve draw-related documentation, reconciliation, and lender follow-ups

Own ongoing lender reporting across the portfolio.

Manage daily cash balances across corporate and project accounts; forecast cash needs; prepare wires.

Maintain banking and financial institution relationships across our multiple operating and project accounts.

Oversee cash deployment of remaining corporate reserves.

Review, reconcile, and maintain corporate books in NetSuite, working with Cordatus through stabilization; assess on an ongoing basis whether to continue the Cordatus engagement once the function is fully healthy.

Review and reconcile TN-1 books; manage the Entrata to Yardi migration.

Manage Proper in connection with ongoing preparation of TN-1 financial statements.

Oversee accounts receivable operations, timely collection of receivables, and tenant refunds; prepare past due tenants for collections.

Prepare quarterly financial statements for corporate and TN-1.

Prepare and distribute PCAPs for TN-1.

Partner with the project management team on investor quarterly reports.

Generate weekly leasing performance reports for external investors and partners.

Compile the monthly asset management presentation for Culdesac Tempe and present progress against budget to property and company leadership.

Work with outside tax accountants on K-1 preparation and distribution to investors.

Ensure timely and accurate tax compliance and filings for OpCo and related entities.

Support internal and external audit and tax processes.

Prepare operating budgets and cash flow forecasts.

Update and analyze financials against