Controller Salary at Merrimac Ventures BETA

How much does a Merrimac Ventures Controller make?

As of April 2025, the average annual salary for a Controller at Merrimac Ventures is $199,597, which translates to approximately $96 per hour. Salaries for Controller at Merrimac Ventures typically range from $169,806 to $229,163, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Merrimac Ventures Overview

Website:
merrimacventures.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Business Services

Merrimac Ventures is a real estate investment and development firm based in Fort Lauderdale, FL. The firm's primary focus is on prime resort and mixed-use development with extensive investments in multi-family communities, condominiums, retail and office projects as well. Partners in Merrimac Ventures are currently involved in over $3 billion in projects, including Miami Worldcenter, the Four Seasons Hotel and Private Residences Fort Lauderdale, The Gale Boutique Hotel and Residences, Paramount Fort Lauderdale Beach, Broadstone Oceanside in Pompano Beach and the Flagler Village Hotel, among others. Launched in the late 1970's by the late Ramesh "Bob" Motwani and his wife Ramola Motwani, the firm initially began as an import/export business in St. Charles, MO. In the 1980's, Merrimac Ventures expanded into the hotel business by acquiring hotels and properties along Fort Lauderdale's famed A1S strip with a common vision of redeveloping and transforming the Fort Lauderdale Beach into a world-class resort destination, a vision also shared by the local community and government. After Bob Motwani passed away in 1994, Ramola continued to pursue that shared vision with a tireless determination. Under her guidance, Merrimac Ventures has continued to expand its footprint throughout the US and India, Today, Ramola serves as Chairwoman of the firm where she is responsible for setting its long-term goals and vision, while her sons hold leadership roles. Nitin Motwani serves as the firm's Principal and is the Managing Partner for Miami WorldCenter, while Dev Motwani serves as President and CEO, where he is responsible for the day-to-day operations and oversight of the investments in which the firm acts as the Principal.

See similar companies related to Merrimac Ventures

What Skills Does a person Need at Merrimac Ventures?

At Merrimac Ventures, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
  4. CPA: A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.
  5. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

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Check more jobs information at Merrimac Ventures

Job Title Average Merrimac Ventures Salary Hourly Rate
2 President & Chief Executive Officer $666,842 $321
3 Chief Operating Officer $389,009 $187
4 Executive Assistant $69,098 $33
5 Senior VP, Development $150,411 $72
6 Staff Accountant $49,150 $24

Hourly Pay at Merrimac Ventures

The average hourly pay at Merrimac Ventures for a Controller is $96 per hour. The location, department, and job description all have an impact on the typical compensation for Merrimac Ventures positions. The pay range and total remuneration for the job title are shown in the table below. Merrimac Ventures may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $199,597 look to you?

FAQ about Salary and Jobs at Merrimac Ventures

1. How much does Merrimac Ventures pay per hour?
The average hourly pay is $96. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Merrimac Ventures?
According to the data, the highest approximate salary is about $229,163 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Merrimac Ventures?
According to the data, the lowest estimated salary is about $169,806 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.