What are the responsibilities and job description for the TA Digital - Controller position at TA Realty?
About TA Digital Group LLC
At TA Digital Group (TADG) we build some of the world’s most complex mission critical environments. Serving our hyperscale customer base requires strategic and tactical leadership skills to manage these exciting projects from inception through delivery. Our work makes the digital world possible, and you will build the home for some of the most exciting innovations in history.
TADG is an affiliate of TA Realty LLC. We leverage over 40 years of real estate expertise to deliver scalable digital infrastructure solutions tailored to the hyperscale and enterprise sectors. Focused on data centers within mature and emerging digital ecosystems, TADG offers a comprehensive range of solutions, including build-to-suit, turnkey, powered shell, and fee development, ensuring flexibility and adaptability for diverse user needs.
Summary Of Position
The Controller will report directly to the Chief Development Officer, and will lead the structuring, execution, and oversight of the group’s corporate, development, and operating accounting functions. This role is responsible for ensuring robust cost control, maintaining accurate financial reporting, and providing financial insights to support the overall development process.
The Controller will work closely with TA’s Investor Accounting group, and will also collaborate with other groups including Design & Construction, Development, Valuations, Portfolio Management, Acquisitions, and Dispositions.
Primary Responsibilities
TA Digital is an Equal Opportunity Employer that is committed to creating a diverse and inclusive company culture. TA Digital does not discriminate against candidates and employees on the basis of race, religion, national origin, age, veteran status, sexual orientation, or any other protected status under law.
DISCLAIMER
This job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.
At TA Digital Group (TADG) we build some of the world’s most complex mission critical environments. Serving our hyperscale customer base requires strategic and tactical leadership skills to manage these exciting projects from inception through delivery. Our work makes the digital world possible, and you will build the home for some of the most exciting innovations in history.
TADG is an affiliate of TA Realty LLC. We leverage over 40 years of real estate expertise to deliver scalable digital infrastructure solutions tailored to the hyperscale and enterprise sectors. Focused on data centers within mature and emerging digital ecosystems, TADG offers a comprehensive range of solutions, including build-to-suit, turnkey, powered shell, and fee development, ensuring flexibility and adaptability for diverse user needs.
Summary Of Position
The Controller will report directly to the Chief Development Officer, and will lead the structuring, execution, and oversight of the group’s corporate, development, and operating accounting functions. This role is responsible for ensuring robust cost control, maintaining accurate financial reporting, and providing financial insights to support the overall development process.
The Controller will work closely with TA’s Investor Accounting group, and will also collaborate with other groups including Design & Construction, Development, Valuations, Portfolio Management, Acquisitions, and Dispositions.
Primary Responsibilities
- Development accounting leadership:
- Ongoing setup and maintenance of Yardi Job Cost for all data center developments
- Review, categorization, and allocation of monthly costs
- Development cost reforecasting (regular, recurring basis and also ad hoc for scenario analysis)
- Calculation of development management fees, developer promote/incentive fees, and leasing fees
- Assist with detailed budget-to-actual variance explanations/commentary
- Review of contracts (for allocation, payment terms, etc)
- Ensure smooth transition into “operating” accounting, upon completion of the assets’ development phase
- Coordinate with Fund Accounting to ensure alignment, support investor requests, and maintain consistency in development projections
- Issuance of monthly reporting packages, detailing such information as financial statements, balance sheet reconciliations, etc
- Establishing operating budgets
- Coordination with tenants on starting base rent, recoveries, true-ups, etc.
- Tracking actual-vs-budget; maintaining detailed understanding of variances for investor reporting
- Calculation of property management fees and facilities management fees
- CAM reconciliations
- Coordination with third party property managers
- Overseeing monthly corporate close for TA Digital Group
- Creation of corporate budgets and reforecasts
- Assisting with annual audits
- Corporate tax planning
- Maintenance of efficient and effective AP/AR systems and processes
- Working closely with staff to ensure acquisition of relevant skills
- Conducting annual and mid-year reviews to foster upward career trajectory
- Assist with the candidate sourcing/hiring process for any new placements
- BS in Accounting
- 8 years accounting experience
- Experience with Yardi, MRI, or similar property management/accounting software
- Real Estate/Development Accounting experience
- Advanced Excel skills
- Excellent communication, organization, analytical and attention to detail skills
- Strong work ethic with a desire to learn
- Ability to handle multiple tasks and adapt to changing needs within the office
TA Digital is an Equal Opportunity Employer that is committed to creating a diverse and inclusive company culture. TA Digital does not discriminate against candidates and employees on the basis of race, religion, national origin, age, veteran status, sexual orientation, or any other protected status under law.
DISCLAIMER
This job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.