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Controller - Real Estate (Yardi)

4 months ago

Garden City, United States SimpleCiti Companies Full time
Job DescriptionJob DescriptionSimpleCITI Companies, Hiring for SimpleMANAGE*

SimpleCITI Companies specializes in Commercial Real Estate ("CRE") and Specialty Finance. Our portfolio includes 7 Operating and 3 Holding Companies as follows:

OPERATING COMPANIES

  • SimpleEQUITIES: Private Equity Real Estate
  • SimpleADVISORY: Advisory Services to SimpleEQUITIES and it's Funds
  • SimpleMANAGE*: CRE Property Management to SimpleEQUITIES and other property owners-Hiring Entity
  • SimpleBRICKS: CRE Development for SimpleMANAGE and other property owners
  • SimpleSPACES: Shared Warehouse Spaces
  • SimpleAID: Litigation Funding
  • SimpleLEND: Private Lending

HOLDING COMPANIES

  • SimpleAXCS: Family Office Passive Investments
  • SimpleCORE: Family Office Legacy Commercial Real Estate
  • SimpleOZ: Qualified Opportunity Zone properties

Job Description:

We are currently seeking an experienced and detail-oriented Financial Controller, experienced in Property Accounting, with a deep understanding of Yardi Voyager to join our team. In this role, you will be responsible for overseeing the financial management and reporting of our real estate properties, as well as working with our external auditors, ensuring accuracy and compliance with all accounting standards and regulations.

Specifically, you will be tasked with using Yardi Voyager in performing CAM and bank reconciliations, asset schedules, closing the books, budgeting/forecasting, and lowering costs to improve the company's financial performance.

As the Property Controller, you will play a critical role in managing the financial operations of our real estate portfolio, leveraging your expertise in Yardi Voyager to streamline processes and enhance financial performance.

Responsibilities:
  • Financial Management and Reporting:
    • Oversee the preparation of accurate and timely financial statements, budgets, and forecasts for the real estate properties.
    • Ensure compliance with GAAP and other regulatory requirements in all financial reporting.
    • Utilize Yardi Voyager to maintain and enhance financial systems and processes for efficient property management.
  • Property Accounting:
    • Manage all aspects of property accounting, including accounts payable, accounts receivable, general ledger entries, and month-end/year-end close processes.
    • Conduct regular reviews and reconciliations of financial data to ensure accuracy and completeness.
    • Monitor and analyze financial performance of properties, providing insights and recommendations for improvement.
  • Audit and Compliance:
    • Coordinate and support external audits, ensuring all necessary documentation and information are provided.
    • Develop and implement internal controls to safeguard company assets and ensure compliance with financial policies.
  • Team Leadership and Collaboration:
    • Lead and mentor a team of property accountants, fostering a collaborative and high-performance work environment.
    • Collaborate with property management, asset management, and other departments to support the overall financial goals of the company.
    • Act as a key point of contact for financial inquiries related to the properties.

Requirements

    • Proven experience as a Property Controller or in a similar property accounting leadership role, specifically within the real estate industry.
    • Expertise in using Yardi Voyager at the enterprise level, with a strong understanding of its financial modules and capabilities.
    • In-depth knowledge of GAAP, real estate accounting principles, and financial reporting standards.
    • Exceptional analytical, organizational, and problem-solving skills.
    • Strong leadership and team management abilities.
    • Excellent communication and interpersonal skills.
    • CPA or other relevant advanced degree or certification preferred.