Controller

Job Description

A well-established commercial real estate investment firm in Midtown Manhattan is seeking a Controller to own accounting and financial reporting across the portfolio and its investment entities. This is a hands-on leadership seat for someone who can run a team, close the books cleanly, and stand behind the numbers for ownership, partners, and investors. You will manage a team of five accountants and report to ownership.

Responsibilities

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• Lead, manage, and develop a team of five property and fund accountants.
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• Own full-cycle accounting across the portfolio and its investment entities, at both the property and fund level.
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• Calculate and process monthly investor distributions and preferred return payments across joint venture and equity structures, including waterfall calculations.
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• Prepare and review monthly, quarterly, and annual financial reports for owned and managed properties and investment entities.
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• Partner with the investments and asset management teams on performance reporting and NOI drivers.
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• Support acquisitions and dispositions accounting, including closings and purchase accounting.
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• Oversee financial statement preparation and year-end audit and tax workpapers for outside accountants.
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• Own NYC regulatory filings, including RPIE.
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• Maintain lender relationships and deliver required reporting, including support for refinancing's.
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• Record and reconcile monthly principal, escrow, and interest against loan statements.
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• Oversee accounts payable, accounts receivable, and cash management, ensuring all transactions are recorded and adequately funded for upcoming requirements.
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• Monitor major recurring expenses, including utilities and real estate taxes.
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• Prepare monthly tenant billings and annual CAM and real estate tax true-ups.
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• Prepare monthly bank reconciliations.
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• Drive process improvements and strengthen internal controls.
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Requirements

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• Bachelor's degree in Accounting or Finance. CPA required.
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• 10+ years of accounting experience in commercial real estate, ideally at an owner or investment firm.
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• Previous experience in public accounting preferred.
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• Strong command of joint venture and investor structures, distributions, and waterfalls.
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• Proven experience managing and developing an accounting team.
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• Strong proficiency in Yardi.
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• Advanced Excel.
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• Sharp, highly organized, and comfortable owning the numbers in a demanding, deadline-driven environment.
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