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Controller
2 months ago
A leading real estate owner/operator specializing in commercial properties is seeking a dedicated Controller to join their team.
Position Overview: As a Controller, you will play a crucial role in overseeing the financial operations of the commercial real estate assets. You will be responsible for maintaining accurate financial records, preparing timely reports, and ensuring compliance with accounting standards and regulations. This role offers an opportunity to work closely with senior management, providing strategic financial insights to support decision-making and optimize property performance as well as oversee a team of experience Property Accountants.
This is an on-site position (5 days/week) based in Midtown Manhattan with lots of visibility to senior management.
Key Responsibilities:
- Manage all aspects of property accounting, including accounts payable/receivable, general ledger maintenance, and financial reporting.
- Prepare monthly, quarterly, and annual financial statements.
- Oversee budgeting and forecasting processes for assigned properties.
- Conduct variance analysis and provide explanations for financial performance.
- Collaborate with property managers and asset managers to ensure accurate and timely reporting of property-level financial data.
- Coordinate tax filings, ensuring compliance with any reporting requirements.
- Implement and maintain internal controls to safeguard assets and ensure accuracy of financial data.
- Evaluate financial performance against benchmarks and industry standards.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field; CPA preferred.
- Minimum of 15 years of progressive experience in property accounting or real estate finance, with at least 10 years in a supervisory role.
- Strong knowledge of GAAP and financial reporting requirements for commercial real estate.
- Experience with property management software MRI required.
- Excellent analytical skills with the ability to interpret complex financial data.
- Strong attention to detail and organizational skills.
- Effective communication and interpersonal skills, with the ability to collaborate across departments and influence stakeholders.
