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Development Controller information

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$55K

$119.5K

$175.5K

How much do development controller jobs pay per year?

As of Jun 21, 2026, the average yearly pay for development controller in the United States is $119,497.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,000.00 and $138,500.00 per year, depending on experience, location, and employer.

What are the most common challenges faced by Development Controllers when managing multiple projects simultaneously?

Development Controllers often juggle several projects at once, which can make it challenging to maintain accurate financial oversight and meet tight reporting deadlines. Balancing the needs of different stakeholders, such as project managers, finance teams, and external auditors, requires strong organizational skills and clear communication. Staying proactive with forecasting and monitoring budgets helps mitigate risks and ensure projects stay on track. Utilizing robust project management and financial software can also streamline processes and reduce errors, making multitasking more manageable.

What is a Development Controller?

A Development Controller is a finance professional responsible for overseeing the financial planning, analysis, and control processes within development projects, often in sectors like real estate or product development. They ensure that projects remain within budget, monitor costs, and provide financial reports to support decision-making. Their role typically includes forecasting, variance analysis, and working closely with project managers to align financial objectives with project goals. Development Controllers help organizations mitigate financial risks and achieve project profitability.

What is the difference between Development Controller vs Project Manager?

AspectDevelopment ControllerProject Manager
Primary RoleOversees financial planning, budgeting, and cost control for development projectsPlans, executes, and closes projects, managing scope, schedule, and resources
Required CredentialsFinance or accounting certifications often preferredProject management certifications like PMP often preferred
Work EnvironmentTypically in finance, development, or construction firmsIn various industries including construction, IT, and engineering
FocusFinancial oversight and cost managementProject delivery and team coordination

While both roles involve project oversight, the Development Controller primarily focuses on financial management within development projects, whereas the Project Manager handles overall project execution and team coordination. Understanding these differences helps in choosing the right career path or job search focus.

What are the key skills and qualifications needed to thrive as a Development Controller, and why are they important?

To thrive as a Development Controller, you need strong financial analysis skills, a solid understanding of budgeting and project management, and typically a degree in finance, accounting, or a related field. Familiarity with ERP systems, advanced Excel, and financial reporting tools is essential, and certifications like CPA or CMA can be advantageous. Exceptional attention to detail, communication, and problem-solving abilities help you collaborate across departments and manage complex development projects. These skills ensure accurate financial oversight, effective resource allocation, and successful project delivery within budget and timelines.
More about Development Controller jobs
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Development Controller jobs near you
Infographic showing various Development Controller job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 84% Full Time, and 15% Part Time. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $119,497 per year, or $57.5 per hour.

Development Controller

The Cape Group, LLC

Charlotte, NC

Full-time

Posted 3 days ago

Job description

Development Controller – Commercial Real Estate Development

Cape Asset Management is hiring a Development Controller to support our expanding commercial real estate development platform.

This role is ideal for an experienced accounting and finance professional with a background in commercial real estate development, construction accounting, or shopping center development. The Development Controller will oversee project financials, construction draws, budgeting, forecasting, lender reporting, and development accounting operations across multiple projects.

What You’ll Do

  • Manage development accounting and project financial reporting
  • Track construction budgets, job costs, and cash flow
  • Oversee lender draw submissions and funding coordination
  • Build financial models and project forecasts
  • Partner with leadership on acquisitions and development strategy
  • Improve accounting processes and internal controls

What We’re Looking For

  • 5+ years of development or real estate accounting experience
  • Commercial real estate or construction accounting background
  • Strong Excel and financial modeling skills
  • Experience with Yardi preferred
  • Highly organized, analytical, and detail-oriented professional

Why Cape Asset Management?

  • Growing commercial real estate development company
  • High-impact leadership exposure
  • Entrepreneurial and collaborative culture
  • Opportunity to grow with a rapidly expanding platform

To apply, please submit your resume and relevant project experience.

Apply