Financial Controller

2 weeks ago


Fairfield, New Jersey, United States VACO Full time

Position Overview:
Our client, a prominent player in the Commercial Real Estate Investment sector, is actively seeking a Financial Controller. This pivotal role will report directly to the COO and offers a hybrid work model, requiring three days in the office and two days of remote work. The successful candidate will oversee a small team and engage in a hands-on approach to financial management.

Key Responsibilities:

  • Manage and execute all accounting and reporting functions, including the auditing of annual budgets and reconciliation of Common Area Maintenance (CAM) expenses.
  • Monitor monthly budgets to assess cash flows for individual projects.
  • Drive the development and enforcement of company policies while implementing procedures aimed at minimizing risk and enhancing operational efficiency.
  • Lead investor relations efforts, which encompass communications with investors, distribution management, and capital call processes.
  • Conduct intricate 1031 exchange analyses for both investors and internal stakeholders.
  • Engage with the company’s lenders and oversee compliance with debt covenants, including the preparation and review of quarterly documentation.
  • Prepare semiannual reforecasts of property values.
  • Assist in asset management tasks, including sales, refinancing, property insurance, cash flow management, and scenario analysis.
  • Oversee the company’s risk management and insurance portfolio, ensuring comprehensive coverage for all properties and managing annual insurance renewals.
  • Manage annual tax obligations.

Qualifications:
Bachelor’s Degree in Accounting or Finance is required.
CPA certification is preferred.
Experience in Public Accounting, particularly with real estate clients, is ideal.
Proficiency in Yardi software is highly desirable.
Experience within a Commercial Real Estate company is advantageous.

Compensation and Benefits:
The company offers a competitive benefits package and a robust bonus structure.



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