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Property Controller

Abacus Group, LLC

Mundelein, IL

Job Description

Our client is a real estate firm. They seek a Property Controller to join their Manhattan, NY office.

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Responsibilities

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  • Lead the monthly, quarterly, and annual close process for a portfolio of commercial real estate assets
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  • Oversee general ledger activity, financial reporting, consolidations, and workpaper preparation while reviewing third-party property management reporting
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  • Prepare journal entries, account reconciliations, and financial analyses in accordance with GAAP and IFRS
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  • Analyze portfolio operating results, property performance, and financial metrics while presenting findings to management and stakeholders
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  • Review accounting activity related to acquisitions, dispositions, refinancings, intercompany transactions, management fees, and capital activity
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  • Partner with Asset Management and Property Management teams to support budgeting, forecasting, variance analysis, and operating performance reviews
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  • Manage property accounting activities, including fixed assets, tenant billings, AP/AR oversight, bank reconciliations, and outsourced accounting functions
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  • Monitor cash management activities, including cash forecasting, funding requests, wire transfers, and capital expenditure planning
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  • Coordinate lender reporting, covenant compliance, financing transactions, and due diligence requests across debt facilities
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  • Develop financial reporting tools, improve accounting processes, and support system enhancements using Yardi, Excel, and other financial reporting platforms
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Requirements

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  • Bachelor’s degree in Accounting, Finance, or a related field required
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  • 8+ years of real estate accounting experience
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  • Commercial property experience preferred
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  • Strong knowledge of GAAP, financial reporting, consolidations, and month-end close processes
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  • Experience with property accounting, budgeting, forecasting, cash management, and lender reporting
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  • Strong understanding of commercial real estate operations, lease accounting, and property financial analysis
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  • Yardi experience preferred
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JobID: 48523

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Vacancy posted 6 days ago
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