Commercial Controller

At Kushner, every day is an opportunity to do something extraordinary. We are builders of communities, of careers, and of a company that is constantly evolving. Our portfolio spans some of the most dynamic markets in the country, and behind every property is a team of people who are passionate, driven, and genuinely invested in the communities they serve. We set our people up to aim beyond what they thought possible, grow through every experience, and create real impact for our residents, our partners, and each other. The best version of Kushner is always the one we are building right now. Come Grow With Us!

Position Summary

We're seeking an experienced and highly motivated Commercial Controller to oversee all accounting, financial reporting, budgeting, and internal controls for a luxury Class A commercial office property portfolio. This individual will be responsible for managing the day-to-day accounting operations, ensuring accurate financial reporting, maintaining compliance with GAAP, and partnering with asset management and operational leadership to maximize property performance.

The ideal candidate will possess a strong background in commercial real estate accounting, exceptional analytical skills, and experience managing the financial operations of high-profile office assets in a fast-paced environment.

Key Responsibilities

Financial Management & Reporting

• Oversee all accounting functions for one or more luxury commercial office properties.
• Prepare and review monthly, quarterly, and annual financial statements and reporting packages.
• Ensure timely month-end and year-end close processes.
• Maintain general ledger accuracy and account reconciliations.
• Analyze financial results, variances, trends, and key performance indicators.
• Prepare detailed financial reports for ownership, lenders, investors, and executive leadership.
• Coordinate annual audits and work closely with external auditors and tax professionals.

Property Accounting

• Manage all aspects of property-level accounting, including:
• Rent revenue recognition
• CAM reconciliations
• Real estate tax escalations
• Tenant billing and collections
• Security deposits
• Tenant improvement and leasing commission accounting
• Review and approve accounts payable, cash disbursements, and journal entries.
• Monitor cash flow and operating reserves.
• Ensure compliance with lease agreements and financial obligations.

Budgeting & Forecasting

• Lead the annual operating budget process.
• Develop quarterly forecasts and long-range financial plans.
• Partner with property management, asset management, and leasing teams to support financial decision-making.
• Analyze operating expenses and identify opportunities for cost efficiencies.
• Support capital expenditure planning and financial analysis of major projects.

I nternal Controls & Compliance

• Establish and maintain strong internal accounting controls.
• Ensure compliance with GAAP and company accounting policies.
• Monitor compliance with lender requirements and debt covenants.
• Maintain accurate documentation and financial records.
• Evaluate and improve accounting procedures and systems.

Requirements

• Bachelor's degree in Accounting, Finance, or related field.
• CPA designation strongly preferred.
• 8+ years of progressive accounting experience.
• 5+ years of commercial real estate accounting experience.
• Experience overseeing accounting operations for Class A office properties.
• Strong knowledge of GAAP and commercial lease accounting.
• Experience with budgeting, forecasting, financial analysis, and internal controls.
• Advanced Microsoft Excel skills.
• Experience working with luxury office assets in New York City.
• Experience with Yardi, MRI, JD Edwards, or similar real estate accounting software.
• Public accounting background a plus.
• Experience interacting with institutional investors, ownership groups, and lend

Knowledge, Skills & Abilities

• Exceptional financial and analytical skills.
• Strong understanding of commercial real estate operations.
• Ability to interpret complex lease agreements and financial data.
• Excellent communication and presentation skills.
• High attention to detail and accuracy.
• Ability to manage multiple priorities and meet deadlines.
• Strong leadership and team development capabilities.
• Professional presence with the ability to interact effectively with senior executives, tenants, investors, and ownership.

Compensation & Benefits

We offer a competitive compensation package including salary, annual bonus opportunity, comprehensive benefits, 401k pan, paid time off, and the opportunity to work with a premier real estate organizations.

Join our team and play a key role in ensuring the financial success of some of New York City's most prestigious commercial office properties while partnering with leadership to drive operational excellence and long-term asset value.

We're an Equal Opportunity Employer & Equal Housing Provider