Controller
$150k - $200kBisnow
Controller: Multifamily Property Accounting Location: New York City (In-Office 4-5 Days/Week) Compensation: $150,000 - $200,000 Base + Bonus Our SelectLeaders client is a vertically integrated real estate investment and services firm headquartered in New York City. The company has built a multi-dimensional platform spanning property management, construction management, acquisitions, lending, and proprietary data analytics, in the NYC multifamily market. With a portfolio of more than 50 multifamily buildings and plans to add 250+ additional units this year, the firm partners with major institutional investors to support a portfolio that includes units ranging from luxury Class A to affordable, and rent-stabilized buildings throughout New York City. They are seeking an experienced Controller to oversee the day-to-day accounting operations for its growing portfolio. This role is ideal for a hands-on operational accounting leader with deep multifamily experience, strong Yardi expertise, and a proven ability to manage remote and offshore accounting teams in a high-growth environment. The Controller will play a critical role in ensuring the accuracy, efficiency, and scalability of accounting processes. The ideal candidate brings 10-15 years of multifamily accounting experience and has the operational mindset to identify process improvements while maintaining strict financial reporting deadlines. Responsibilities
- Lead monthly, quarterly, and annual close processes across multiple multifamily properties and entities
- Review, approve, and independently sign off on property-level financial statements in accordance with GAAP
- Oversee financial reporting timelines, including delivery of 40+ monthly financial packages by established deadlines
- Quickly identify and resolve discrepancies within property financials and reporting packages
- Oversee reconciliations including bank accounts, security deposits, taxes, and intercompany accounts
- Oversee A/P, A/R, cash management, and treasury-related processes
- Coordinate audits, tax filings, and lender reporting requirements
- Manage and mentor a team of remote/offshore property accountants and accounting support staff
- Help scale accounting operations and improve workflows as the portfolio continues to grow
- Drive operational efficiencies, process improvements, and strengthened internal controls
- Assist with onboarding newly acquired assets, including opening balance sheets, establishing accruals, coordinating bank account setup and treasury functions, and transitioning assets to assigned property accountants
- Partner with Asset Management teams on variance analysis and NOI drivers
- Participate in bi-weekly client and ownership update calls to address financial and operational matters
- Build and enhance financial reporting and analysis tools utilizing advanced Microsoft Excel skills
- Serve as the system lead and subject matter expert for Yardi
- Oversee preparation and review of NYC regulatory filings, including TC (Tax Commission / certiorari support), RPIE (Real Property Income & Expense filings), and independently review and sign off on RPIE filings
- 8+ years of accounting experience within real estate accounting
- Strong multifamily property accounting experience
- CPA Designation Preferred
- Experience overseeing large portfolios and multiple entities/assets simultaneously
- Experience managing remote and/or offshore accounting teams
- Advanced proficiency in Yardi and Microsoft Excel
- Deep understanding of accrual accounting and property-level financial reporting
- Experience with NYC regulatory filings including TC and RPIE
- Strong organizational, communication, and deadline management skills
- Ability to operate effectively in a fast-paced, high-growth environment
- Financial reporting deadlines are consistently met with accuracy
- Newly onboarded assets are transitioned smoothly and efficiently
- Offshore accounting workflows operate effectively and scale successfully
- Financial reporting quality and internal controls continue to improve as the portfolio grows
- Accounting operations evolve to support a centralized platform managing 2,000+ units
Vacancy posted 5 days ago
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