Controller

Job Description

Job Description

TITLE: CONTROLLER

LOCATION: NEW YORK CITY

Position Overview: 

We are seeking an experienced, execution-focused individual to oversee and manage the accounting and finance functions of our portfolio and operating company. You will report directly to 109Co’s Managing Partner. 

Key Responsibilities: 

Financial Reporting, Budgeting and Forecasting 

• Manage the production of monthly, quarterly, and annual GAAP-compliant financial reports for joint venture partners, investors, and lenders 
• Perform variance analysis and identify key drivers and recommend solutions 
• Lead compilation, preparation and submission of operating and capital budgets 
• Monitor reporting requirements in joint venture, property management and loan agreements 
• Oversee municipal compliance filings, including RPIE submissions and Tax Commission 201 (TC201) filings 
• Lead interim and annual audit processes in coordination with auditors, external accountants, and bookkeepers 
• Coordinate with third party accounting firms in preparation and submission of tax returns  Manage K-1 distribution process 
• Handle PTET (Pass-Through Entity Tax) filings and payments 

Cash Management and Banking 

• Manage bank accounts, property-level cash balances, and prepare cash analysis reports Monitor property-level cash balances and manage banking portals 
• Manage loan administration including debt service payments, monthly waterfalls, loan requisitions and lender communications 
• Manage capital calls/distributions by forecasting cash flows and prepare cash forecasting summaries 

Financial Management and Operations 

• Serve as the primary finance contact for joint venture partners, investors, lenders, and 109Co departments 
• Review operating and joint venture agreements to determine the calculation 109Co fees Oversee Yardi implementations and updates 
• Oversee internal control processes including AR/AP and lease administration 
• Oversee new acquisitions onboarding 

Qualifications: 

• 5+ years of relevant experience 
• CPA is preferred but not required 
• Proficient in Microsoft Excel and Yardi 
• Familiarity with AI tools (e.g. Claude) for process optimization 
• Strong verbal and written communication skills