Property Controller (Total Comp to $230k)

Property Controller

Location: Midtown - New York City (4 days per week in office)

Compensation: $160,000–$200,000 base salary + performance bonus + potential participation in investment and platform upside

Company Overview

Our client is a growing New York City-based real estate firm specializing in the acquisition, repositioning, and development of multifamily and mixed-use properties. Backed by an expanding investor base and an active acquisition pipeline, the firm is building an institutional-quality investment platform with significant opportunities for growth. The company operates with a lean, entrepreneurial team and emphasizes disciplined underwriting, thoughtful execution, and long-term value creation.

The Role

The firm is seeking a hands-on Property Controller to oversee accounting and financial reporting across its real estate portfolio and related operating entities. The successful candidate will take ownership of day-to-day accounting operations, support investment transactions, and help establish scalable financial processes as the platform continues to expand. This position offers the opportunity to join a growing real estate investment platform and play a key role in building a scalable accounting and financial reporting function. The role provides meaningful exposure to investment activity, senior leadership, and the potential for advancement into a CFO position as the business expands.

Key Responsibilities

• Financial Reporting: Own monthly and quarterly closes, financial statements, general ledgers, reconciliations, journal entries, and accruals across property-level and operating entities.
• Accounting Operations: Oversee accounts payable and receivable, cash management, bank reconciliations, intercompany transactions, vendor payments, and expense tracking.
• Real Estate Transactions: Manage accounting for acquisitions, construction projects, refinancings, dispositions, and debt financing, including accurate allocation of costs across entities.
• Investor Accounting: Track investor capital contributions, distributions, ownership balances, and investment-level financial performance. Support quarterly investor reporting.
• Budgeting & Cash Flow: Monitor property-level and corporate budgets, construction expenditures, cash flow forecasts, and budget-to-actual variances.
• Tax & Compliance: Coordinate with external accountants on tax filings, K-1 preparation, audits, and entity-level compliance.
• Systems & Team Management: Oversee outsourced bookkeeping resources, maintain strong internal controls, and streamline accounting processes through automation and technology.

Qualifications

• 4+ years of accounting experience, preferably within real estate investment, development, or property accounting.
• Experience with AppFolio, Yardi, or similar real estate accounting software.
• Strong understanding of multi-entity accounting and financial reporting.
• Highly organized, detail-oriented, and comfortable taking ownership of accounting functions in an entrepreneurial environment.
• CPA preferred but not required.