Property Controller

Job Description

Company Description

GFP Real Estate, LLC is a vertically integrated, multigenerational owner, operator, property manager, and developer with a long-standing presence in New York City and the broader Tri-State Region since 1952. The company owns and manages over 80 properties totaling more than 18.5 million square feet. GFP Real Estate is recognized for its stewardship of some of the city's most iconic buildings and its commitment to maintaining and enhancing these assets. Team members contribute to a legacy organization that values operational excellence, long-term relationships, and responsible urban development. The work environment offers exposure to a diverse portfolio and the opportunity to support a well-established real estate platform.

Role Description

The Property Controller is a full-time, on-site role based in the New York City Metropolitan Area, responsible for overseeing the accounting and financial operations of a portfolio of commercial properties. This role manages monthly accounting closings and financial package preparation, and leads the year-end audit process with outside CPA firms, including journal entry and workpaper preparation in accordance with GAAP and debt covenants. The Property Controller supervises day-to-day accounting operations — including G/L, A/R, A/P, and AJEs — and reviews bank reconciliations performed by the outsourcing accounting team. The role also oversees treasury functions, including cash management and forecasting, and manages debt-related activity such as loan draws, debt service, lender reporting, and covenant compliance. Additional responsibilities include reviewing and interpreting commercial leases, reviewing tenant billing and CAM/real estate tax escalations, managing tenant-related activity (TI reimbursements, leasing commissions, security deposits, and letters of credit), assisting with annual and reforecast operating budgets, and preparing annual real estate tax certiorari filings (TC201 & RPIE). The position requires strong leadership, analytical rigor, and the ability to communicate effectively across ownership, investors, leadership, and staff.

Qualifications

• Candidates should possess strong property accounting experience, including 3+ years operating at the Property Controller level within commercial real estate accounting.
• Candidates should possess Yardi Voyager experience (required).
• Candidates should possess advanced Microsoft Excel skills, including Pivot Tables, VLOOKUPs, and related functions.
• Candidates should possess proven experience supervising and mentoring accounting staff.
• Candidates should possess strong analytical and problem-solving skills, including the ability to read and interpret financial statements.
• Candidates should possess strong communication skills, including the ability to communicate effectively with ownership, investors, leadership, and staff.
• Candidates should possess strong organizational skills, including the ability to multitask and meet deadlines in a fast-paced, high-volume environment.
• Bachelor's degree in Accounting, Finance, or a related field.
• This role is in-office five days per week.

Compensation & Benefits

The pay range for this role is $130,000 to $160,000. Actual compensation packages are based on several factors that are unique to each candidate, including but not limited to skill set, depth of experience, and certifications.

Benefits include a health benefits package with medical, dental, and vision plans; financial wellness perks such as 401(k), FSA & HSA, and employer-paid life insurance (basic, with the option to purchase more); paid leave and disability programs; and paid time off including vacation, holidays, and sick days

Equal Opportunity Employer

GFP Real Estate is an Equal Opportunity Employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, age, disability, sexual orientation, gender identity, or any other protected status.