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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 managing the financial planning and accounting operations for a real estate organization and its affiliates. This position entails overseeing the monthly closing activities, invoicing, accounts receivable, accounts payable, and assisting in the preparation of annual property budgets, as well as coordinating audits and tax submissions with external CPA firms. The Controller will play a key role in developing and executing policies, procedures, and systems aimed at improving internal efficiency and minimizing reporting timelines while ensuring the accuracy of financial data.

Key Responsibilities

  • Oversee the monthly financial closing process, including billing, accounts receivable, accounts payable, and cash management.
  • Guarantee the timely and precise generation and review of financial statements, and communicate outcomes internally and with stakeholders.
  • Assist in the formulation of annual property budgets and financial forecasts.
  • Prepare documentation to support monthly financial reports, 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 durations, and ensure data integrity.
  • Supervise accounting personnel and manage the utilization of Yardi for general ledger operations.
  • Develop and oversee the company’s financial reporting IT infrastructure.
  • Ensure adherence to GAAP standards, regulatory obligations, and partner requirements across all accounts and ledgers.
  • Perform additional tasks and projects as assigned.

Required Skills & Qualifications

  • Detail-oriented with a strong emphasis on meeting deadlines and delivering high-quality outcomes.
  • Proficient in GAAP, taxation, financial reporting, data analysis, and forecasting methodologies.
  • Able to manage multiple responsibilities while maintaining organization.
  • A collaborative team player with exceptional prioritization capabilities.
  • Skilled in Microsoft Office Suite and Yardi software.
  • Strong written and verbal communication skills with the ability to engage effectively with various organizational levels and external stakeholders.
  • Excellent problem-solving skills and strategic thinking.
  • 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 work 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 banking, property inspections, and other responsibilities. Safe driving is essential.
  • Professional attire is expected.
  • Some travel to other company locations may be necessary based on business requirements.

Education

  • Bachelor's degree in accounting, finance, or business administration.
  • Experience in public accounting audits 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.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present you as a candidate for this employment opportunity. You further agree that you have accurately represented your qualifications and will maintain confidentiality regarding any information learned from Vaco about the position.

Privacy Notice

Vaco LLC respects your privacy and is committed to providing transparent notice of our policies.

  • California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state-specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice

Determining compensation for this role at Vaco depends on various factors including:

  • the individual's skill sets, experience, and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

As required by local law, Vaco believes that the following salary range reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.