VP, Corporate Controller

3 weeks ago

San Mateo, United States RSI Full time
Job DescriptionJob DescriptionLarge privately held real estate firm manages commercial and multifamily real estate properties in Silicon Valley and the San Francisco throughout their life cycle, including acquisition, development, financing, operations, and sales, as applicable. The company has a proven track record of executing successful value-added retail, mixed-use, office, multifamily and hotel properties in these markets.The finance and accounting department is one of the most crucial departments to ensure the success of any business organization and we are seeking a VP, Corporate Controller, to manage the accounting team. The Controller will be reporting and will be responsible for day-to-day operations of the accounting team, including oversight of senior accountants, offshore accounting team, and various other responsibilities as part of the accounting team.
The Controller is expected to be a confident, dynamic, and sophisticated professional with a thorough understanding of real estate accounting, and operating in real estate accounting systems, internal controls, financial reporting, risk management, and a demonstrated track record of value creation.
Our leadership team inspires our employees to be successful by providing an excellent work environment and training. We promote a team-oriented work culture, and our leaders care deeply about the staff’s well-being. The position offers an excellent salary and is eligible for an incentive bonus. The company also provides an excellent healthcare benefits package along with a competitive compensation plan.If you are looking for a position where you can apply your skills and build a thriving and rewarding career – please apply with us
Responsibilities Include:Detailed review of monthly reporting packages for the assigned properties:- Bank Reconciliations for each of the account within the properties- Cash Balance Reports- Roll Forwards and Closing Support schedules for each Account with activity and balances on the balance sheet of the properties, including depreciation and amortization schedules, prepaid insurance and tax, CIP, loan, equity, etc.- Revenue, Straight line rent calculations, Percentage rent, and other income- Accruals schedule- Management Fee Calculations- Trial Balance and Flux analysis- Closing Yardi Entries, and elimination entrieso Monthly investor reporting: review cash reporting inputs into investor formso Investor reporting, including review of financial reporting, debt reporting templates, and Asset Management reportingo Monthly, quarterly, annual lender reportingo Currently 20+ audits and sets of audited financial statementso Provide PBC items to auditors and answer any questionso Review and oversee financial statement preparation by Senior Accountantso Prepare PBC information for the Tax team for REIT testing purposeso Facilitate Estimated Tax Payments based on information provided by the Tax teamo Review K-1s and related schedules prepared by the Tax teamo Assist in Compliance reportingo Review Property Tax payments, and ensure all bills are timely paido Review budgets prepared by Asset Management & Property Management teamso Assist in budgeting corporate costs and debt serviceo Analyze budget for reasonablenesso Ensure entities have sufficient cash when committing payments and releasing transferso Cash projection for quarterly distributions/monthly capital callso Discuss with Construction Accounting upcoming cash needs, and recommend properties that will require capital callo Review prepared capital call and approve vendorso Review invoices for processing and commit payments to be released· Assist with upcoming projects, including but not limited to Yardi projects, such as Fixed Assets module, Advanced budget and forecasting, Financial Reporting and Monthly close improvement projects, such as automation of relevant schedules.

Required Experience:Bachelor’s Degree or equivalent professional experienceBig 4 accounting firm experience is preferred.A master's degree or a CPA is highly preferred but not necessary if an individual has substantial professional accounting or finance experience. Thorough understanding of financial statements and reporting a must.· Experience with accounting software and systems, especially Yardi, is a significant plus.· Work in a fast-paced environment, using your efficient prioritization skills to handle multiple projects with ease.· Excellent verbal and written communication skills.
Recruiting Solution Incorporated (RSI) is a minority woman-owned search firm specializing in connecting accounting, finance, and human resources professionals with early start-ups, as well as private and public companies across all industries. When you choose to work with RSI, rest assured that you will be working with confident and dedicated recruiters who prioritize your career interests above all else. We take the time to genuinely listen to your career goals and objectives, ensuring that our job opportunities perfectly align with your aspirations. Our services go beyond the norm, offering a personal touch that includes meticulous resume proofreading and editing, invaluable interview advice and tips, constructive feedback after your interviews, and most importantly, skillful negotiation to secure the best offer package on your behalf – all at absolutely no cost to our candidates.We are an Equal Opportunity Employer that cares about diversity and inclusivity. We foster an environment that celebrates individuality and enables you to be your best self. As an equal opportunity employer, we welcome all applicants regardless of gender identity or expression, sexual orientation, national origin, religion, marital status, veteran status, age, disability or race.

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