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Assistant Controller

Addison Group

Position Title: Assistant Controller (within Property Industry) Location: Mclean, VA - hybrid position Assignment Type: Direct Hire Benefits Addison Group's client has benefit offerings that include medical, dental, vision, and 401(k). Qualifications Minimum of seven years of professional experience in real estate or property accounting At least five years of demonstrated success leading and managing teams Extensive experience in affordable housing, multifamily, or property management accounting environments Bachelor’s degree in Accounting, Finance, or a related field required In-depth understanding and practical application of GAAP standards Advanced Excel skills, including pivot tables, VLOOKUPs, SUMIFs, and similar functions Hands-on experience with property management and accounting systems Prior experience using Yardi is a strong plus Exceptional verbal and written communication abilities Responsibilities Monitor the financial performance of a diverse property portfolio Oversee the daily accounting activities of a team of Property Accountants, including the review and approval of monthly financial statements, bank reconciliations, wire transactions, and related deliverables, ensuring all internal and external deadlines are met Serve as a primary point of contact for third-party clients, addressing inquiries related to financial reporting, distributions, business license filings, personal property tax filings, and other tax-related matters Lead the onboarding of newly acquired properties and manage property dispositions, including sales or management transitions, with responsibility for preparing accurate sale prorations Collaborate closely with the operations team on annual budgeting, reforecasting, cash draw requests, and the preparation of financial statements Provide leadership to a team of Property Accountants through coaching, training, performance management, goal setting, and corrective action when necessary Partner with the VP of Property Accounting to support monthly close, year-end processes, and audit requirements Effectively manage multiple priorities and deadlines across several property management and accounting systems Apply a strong working knowledge of GAAP and relevant industry standards to ensure accurate and compliant financial reporting #J-18808-Ljbffr

Vacancy posted 21 hours ago
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