Controller
$225kElevate Recruiting
Controller
West Los Angeles, CA | Onsite
Compensation: Up to $225,000 Base + Discretionary Bonus
Find out more about the daily tasks, overall responsibilities, and required experience for this opportunity by scrolling down now.
Elevate is partnering with a prestigious real estate investment firm with a long history of acquiring, operating, and enhancing residential & multifamily properties throughout the United States. They are seeking a Controller to oversee the accounting operations for a large multifamily real estate portfolio.
This is an excellent opportunity for an experienced real estate accounting professional who enjoys leading teams, improving processes, and partnering cross-functionally to support operational and financial performance. The Controller will oversee the financial reporting for several multifamily properties while mentoring accounting staff, driving process improvements, and serving as a key business partner.
Key Responsibilities
- Lead the month-end, quarter-end, and year-end close process for a portfolio of multifamily properties.
- Review and approve journal entries, account reconciliations, and supporting schedules prepared by the accounting team.
- Ensure accurate accounting for rental revenue, operating expenses, accruals, prepaid assets, fixed assets, depreciation, debt activity, and other property transactions.
- Review monthly financial statements, balance sheet reconciliations, and variance analyses for completeness and accuracy.
- Support consolidated financial reporting, fund-level reporting, and management reporting requirements.
- Assist with annual budgeting, forecasting, and cash flow planning across the assigned portfolio.
- Review property-level financial performance and investigate significant budget-to-actual variances.
- Identify opportunities to improve accounting workflows, reporting processes, and internal controls.
- Maintain compliance with GAAP and company accounting policies.
- Ensure the integrity of financial reporting across multiple legal entities and properties.
- Lead, mentor, and develop a team of Staff and Senior Property Accountants.
- Review team deliverables to ensure quality, accuracy, and timely completion.
- Assist with hiring, onboarding, training, coaching, and performance development.
- Serve as the team's primary technical accounting resource and escalation point.
- Drive initiatives that increase efficiency, scalability, and reporting accuracy.
- Coordinate annual audit requests and prepare supporting documentation.
- Partner with external auditors during financial statement audits.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related discipline. CPA designation and/or Master's degree.
- 9+ years of progressive accounting experience. Combination of public accounting and private industry experience preferred.
- Experience with multifamily portfolios, partnership accounting, investment accounting, or fund reporting.
- Previous experience supervising, mentoring, or leading accounting professionals.
- Strong knowledge of GAAP and financial reporting.
- Property accounting experience, preferably within multifamily or residential real estate.
- Excellent analytical, organizational, and communication skills.
- Ability to manage multiple priorities while meeting deadlines in a fast-paced environment.
- Experience with property management accounting systems such as Yardi. xhyhwjd
- Advanced Microsoft Excel skills.
Vacancy posted 9 days ago
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