Assistant Controller

1 month ago


Raleigh, United States Ferretti Search Full time
Role Description: We are seeking a highly motivated and detail-oriented Assistant Controller to join our dynamic real estate investment firm. This is an excellent opportunity for a junior-level professional, ideally a CPA coming out of public accounting, who is eager to learn and grow within a supportive and family-oriented organization. The Assistant Controller will be responsible for managing day-to-day accounting operations, supporting asset management, and assisting with finance functions. You will report directly to the CFO and have the opportunity to build and lead a team as the firm continues to expand its investment portfolio.

Key Responsibilities:

Accounting:
  • Process accounts payable and receivable transactions.
  • Reconcile bank, money market, and investment accounts.
  • Reconcile company credit card statements.
  • Perform treasury and cash management operations.
  • Track and update quarterly and annual revenue projections.
  • Create and update annual operating expense budgets for each property.
  • Assist in the quarterly investor distributions process.
  • Track project and fund-level investment performance.
  • Process annual 1099 filings and support annual tax return preparation.
  • Monitor and maintain internal controls to safeguard company assets and financial data.
Finance:
  • Assist in creating financial models for future projects.
  • Support the analysis and negotiation of loan proposals and refinancing opportunities.
  • Organize data for quarterly investor communications and updates.
  • Respond to investor inquiries and financial requests.
  • Assist in debt compliance and lender reporting.
Asset Management:
  • Interpret and abstract loan, lease, and partnership agreements.
  • Coordinate with local property managers to monitor property issues and collect quarterly reports and inspections.
  • Assist with property-level due diligence for acquisitions, refinances, and sales.
  • Track property and fund-level insurance and support overall insurance program management.
Requirements:
  • Bachelor's degree in Accounting, Finance, or related field.
  • CPA designation or significant on-the-job accounting experience required.
  • 3 to 5 years of work experience in accounting or property/asset management preferred.
  • Proficiency with Microsoft Office Suite; experience with Yardi property management software is a plus.
  • Excellent time management skills with the ability to multitask and prioritize effectively.
  • Proactive problem solver with strong organizational skills.
  • Demonstrated honesty and integrity.
  • Willingness to learn and grow within the organization.

Ferretti Search is an award-winning Recruitment Firm specializing in Executive Recruiting and Staffing. Our product is people. Ferretti Search has a dedicated team of executive recruiters ready to help our clients find employment solutions that benefit them as well as match our candidates with a company that meets their job preferences and career goals. At Ferretti Search, we believe in transparency throughout the entire process in order to serve our clients and candidates better. We take pride and value our relationship with our clients and candidates.
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