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Financial Controller

2 months ago

Jersey City, New Jersey, United States Vaco Full time

Position Overview

The Financial Controller is responsible for directing financial strategy and overseeing accounting operations for a real estate organization and its affiliates. This position entails managing the monthly closing cycle, invoicing, receivables, payables, assisting in the preparation of annual property budgets, and coordinating audits and tax compliance with external accounting firms. The Controller will play a key role in developing and executing policies, procedures, and systems aimed at improving internal efficiencies and minimizing reporting timelines while ensuring the accuracy of financial information.

Key Responsibilities

  • Oversee the monthly financial closing process, invoicing, accounts receivable, accounts payable, and cash management.
  • Guarantee the timely and precise generation and review of financial statements, and communicate results to internal stakeholders and partners.
  • Assist in the formulation of annual property budgets and financial forecasts.
  • Prepare documentation supporting monthly financials, property budgets, annual audits, and tax filings.
  • Establish, document, and maintain effective internal controls.
  • Identify and implement processes or systems to enhance internal efficiency, reduce reporting timelines, and ensure data integrity.
  • Supervise accounting personnel and manage the utilization of Yardi for general ledger operations.
  • Establish and oversee the company’s financial reporting IT infrastructure.
  • Ensure adherence to GAAP standards, regulatory requirements, and partner expectations across all accounts and ledgers.
  • Take on additional responsibilities and projects as required.

Required Skills & Qualifications

  • Detail-oriented with a strong emphasis on meeting deadlines and delivering high-quality results.
  • Expertise in GAAP, taxation, financial reporting, data analysis, and forecasting methodologies.
  • Able to manage multiple tasks while maintaining organization.
  • A collaborative team player with exceptional prioritization abilities.
  • Proficient in Microsoft Office Suite and Yardi software.
  • Strong written and verbal communication skills, capable of interacting effectively with various organizational levels and external stakeholders.
  • Excellent problem-solving skills and strategic thinking capabilities.
  • Experience in data analysis to provide actionable insights.
  • Knowledgeable about the real estate industry, including construction, commercial, and multi-family properties.
  • Adaptable in a dynamic and fast-paced environment.

Experience

  • 10 to 15 years of progressive experience in real estate management.

Equipment and Travel

  • This role may require the use of a personal or company vehicle for various duties. Safe driving is essential.
  • Professional attire is expected.
  • Some travel to other company locations may be necessary based on business needs.

Education

  • Bachelor's degree in accounting, finance, or business administration.
  • Public accounting audit experience is preferred but not mandatory.

Vaco values a diverse workplace and strongly encourages applications from women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment based on race, color, sex, religion, national origin, age, disability, veteran status, or any other protected characteristics as required by law.

Vaco LLC and its affiliates are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, or to receive other benefits and privileges of employment, please contact us.

Vaco also wants all applicants to know their rights regarding workplace discrimination.