About the Company:
Miami Freedom Park, LLC (MFP) is developing the new home of Inter Miami CF (IMCF) within a 131-acre master planned site. The multi-phased project includes the construction of a new 25,000 seat stadium alongside a 55-acre public park, 4,700 structured parking stalls and over 1 million square feet of mixed-use development comprising retail, entertainment, commercial office, and hotel elements.
Inter Miami CF (IMCF or the Club) is a Major League Soccer club competing in the Eastern Conference, owned by Miami Beckham United (MBU) and playing at its newly developed permanent stadium (Nu Stadium).
IMCF and MFP are connected through common ownership and highly integrated in their operations. This role will be initially situated in IMCF but with a concentration on the MFP business.
IMCF and MFP operate a growing and complex business spanning professional sports, live events, stadium operations, retail, food and beverage, sponsorships, and media which is supported by a lean Finance and Accounting function responsible for accounting, financial planning and analysis, cash management, and investor relations across multiple legal entities.
Position Summary:
Reporting into the Chief Financial Officer of IMCF, the Controller will serve as the MFP’s senior accounting leader, responsible for establishing and leading the internal accounting function. This is a rare opportunity for a seasoned accounting professional to architect the systems, policies, processes, and team structure that will underpin a large-scale development platform through its most formative years and beyond.
The Controller will be the primary steward of the company's financial records, reporting, and controls, while simultaneously serving as a key advisor to executive leadership on matters of financial planning, compliance, and operational decision-making. The successful candidate will partner closely with the Chief Financial Officer to develop the transformation playbook and manage the implementation of MFP’s accounting operations, pivoting from a third-party staff augmentation model to a fully integrated, in-house capability.
Key Responsibilities:
Financial Infrastructure & Internal Controls
- Design, implement, and formalize the company's accounting policies, procedures, and internal control framework in accordance with U.S. GAAP and industry best practices related to loan, ownership, and other reporting requirements.
- Evaluate, select, and implement accounting systems and technology platforms to support current operations and future scalability.
- Lead the transition of all accounting functions from the current third-party staff augmentation model to an in-house team, ensuring continuity, knowledge transfer, and process integrity throughout the migration.
- Establish and document standard operating procedures across all accounting functions.
General Accounting & Financial Reporting
- Oversee the general ledger and all subsidiary ledgers, ensuring accuracy, completeness, and timeliness of financial data.
- Own and manage the monthly, quarterly, and annual close processes, driving continuous improvement in close timelines and reporting quality.
- Prepare and deliver accurate financial statements and management reporting packages for executive leadership, ownership, investors, and the board.
- Develop and maintain a robust chart of accounts and cost allocation framework appropriate for a multi-entity, multi-project real estate development platform.
Development Accounting & Construction Finance
- Oversee all development and construction accounting, including project cost tracking, job costing, capitalization policies, and budget-to-actual variance analysis.
- Manage the preparation, submission, and reconciliation of construction loan draw requests, ensuring compliance with lender requirements and draw schedules.
- Monitor and report on development budgets, funding sources, and capital deployment across the portfolio.
- Support the structuring and financial administration of a complex capital stack, including equity contributions, mezzanine financing, and joint venture arrangements.
Debt Compliance & Lender Relations
- Ensure full compliance with all loan covenants, borrowing base requirements, and lender reporting obligations across the company's debt facilities.
- Prepare and deliver periodic lender compliance certificates, borrowing base reports, and other required financial deliverables.
- Serve as a key point of contact for lender inquiries and financial due diligence requests related to existing and prospective financings.
Tax Compliance & Advisory Coordination
- Oversee all aspects of tax compliance, including property tax administration, sales and use tax, and partnership/entity-level tax obligations.
- Coordinate with external tax advisors on federal, state, and local tax planning, return preparation, and any audit or inquiry matters.
- Monitor and ensure compliance with tax-related provisions embedded in the municipal ground lease and development agreements.
- Drive cost savings through the evaluation and implementation of tax optimization strategies.
- Lead property-level cost segregation studies for appropriate depreciation tax value capture.
- Evaluate tax efficiency of ownership investment strategies and capital planning priorities.
Cash Management & Treasury
- Manage cash flow forecasting, liquidity planning, and working capital optimization across the business.
- Oversee treasury functions, including bank account management, cash positioning, and intercompany fund flows.
- Provide cash flow visibility and scenario analysis to support executive decision-making around capital calls, distributions, and project funding.
- Facilitate capital call and funding processes.
Audit & External Relationships
- Coordinate and manage the annual (and other required) audit process(es), serving as the primary liaison with external auditors.
- Prepare audit workpapers, schedules, and supporting documentation to ensure efficient and clean audit outcomes.
- Manage relationships with external accounting, tax, and advisory professionals, ensuring alignment with internal objectives and timelines.
Municipal Lease Compliance & Reporting
- Ensure timely and accurate compliance with all financial reporting and performance obligations under the municipal ground lease(s).
- Prepare and deliver any required financial certifications, development progress reports, or other deliverables to the municipality.
- Maintain a thorough understanding of the financial and reporting provisions of the commercial development ground lease and other related development agreements.
Strategic Finance & Leadership Support
- Serve as a trusted financial advisor to the Chief Financial Officer and executive leadership team members, providing analytical support on investment decisions, financial strategy, and operational planning.
- Develop and deliver ad hoc financial analyses, scenario modeling, and decision-support materials as needed.
- Contribute to the development of the broader finance and accounting organization, including hiring, mentoring, and building a high-performing team as the company scales.