Property Controller
Full-time
Abacus Group, LLC
Our client is a real estate firm. They seek a Property Controller to join their Manhattan, NY office.
Responsibilities
- Lead the monthly, quarterly, and annual close process for a portfolio of commercial real estate assets
- Oversee general ledger activity, financial reporting, consolidations, and workpaper preparation while reviewing third-party property management reporting
- Prepare journal entries, account reconciliations, and financial analyses in accordance with GAAP and IFRS
- Analyze portfolio operating results, property performance, and financial metrics while presenting findings to management and stakeholders
- Review accounting activity related to acquisitions, dispositions, refinancings, intercompany transactions, management fees, and capital activity
- Partner with Asset Management and Property Management teams to support budgeting, forecasting, variance analysis, and operating performance reviews
- Manage property accounting activities, including fixed assets, tenant billings, AP/AR oversight, bank reconciliations, and outsourced accounting functions
- Monitor cash management activities, including cash forecasting, funding requests, wire transfers, and capital expenditure planning
- Coordinate lender reporting, covenant compliance, financing transactions, and due diligence requests across debt facilities
- Develop financial reporting tools, improve accounting processes, and support system enhancements using Yardi, Excel, and other financial reporting platforms
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field required
- 8+ years of real estate accounting experience
- Commercial property experience preferred
- Strong knowledge of GAAP, financial reporting, consolidations, and month-end close processes
- Experience with property accounting, budgeting, forecasting, cash management, and lender reporting
- Strong understanding of commercial real estate operations, lease accounting, and property financial analysis
- Yardi experience preferred
JobID: 48523
Vacancy posted 3 days ago
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