Financial Controller for Multifamily Assets

2 weeks ago


Charlottesville, Virginia, United States NewCastle Management Group Full time
Position Overview

The role of the Controller is pivotal within our organization, focusing on the financial management of multifamily properties. This newly established position is designed for an individual who thrives in creating structured financial processes and driving operational efficiency.

The ideal candidate will possess a strong background in multifamily property accounting and may hold a CPA designation. This position entails overseeing a team of outsourced accountants, managing third-party tax and audit engagements, and handling various in-house accounting responsibilities.

About NewCastle Management Group

NewCastle Management Group specializes in the investment and development of multifamily properties across the Eastern United States. Our firm is dedicated to constructing and acquiring high-quality Class A communities, typically comprising 120 units or more, with project sizes ranging from $25 million to $100 million. Our strategic approach emphasizes ground-up development and value-add acquisitions in markets with significant barriers to entry and robust economic fundamentals.

Key Responsibilities
  • Manage accounts receivable and payable processes.
  • Oversee bank account management and reconciliation activities.
  • Ensure proper contract retention.
  • Administer cash management functions.
  • Prepare monthly financial reports.
  • Coordinate investor capital calls and distributions.
  • Assist in budget planning and oversight.
  • Manage federal, state, and local business registrations and reporting requirements.
  • Facilitate audit and tax filing processes with external CPA firms.
  • Support business decisions through comprehensive data reporting.
Qualifications
  • Experience with RealPage accounting software and QuickBooks.
  • 3-5 years of relevant experience in accounting.
  • CPA certification is preferred but not mandatory.
  • Background in multifamily property management accounting or real estate is advantageous.

This job description is intended to provide a general overview of the responsibilities and qualifications associated with this position. Duties may evolve over time, and employees may be required to perform additional tasks as needed.

NewCastle Management Group is an equal opportunity employer, considering all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status.



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