Assistant Controller, Property Accounting
Abacus Group, LLC
Our client is a family office. They seek an Assistant Controller, Property Accounting to join their Manhattan, NY office.
Responsibilities
- Compile month-end workpapers and analyze general ledger activity, depreciation, amortization, reserves, loan activity, and equity balances
- Consolidate third-party property management financials for lender, investor, and internal reporting
- Generate lender and investor compliance reports on a monthly, quarterly, and annual basis
- Coordinate annual budgeting processes across managed real estate properties
- Administer real estate property tax payments, filings, and related compliance activities
- Monitor lease escalations, tenant recoveries, CAM reconciliations, and financial reporting for commercial and storage assets
- Support audit and tax engagements by preparing workpapers and coordinating with external CPA firms
- Review tax returns, K-1s, and state filing requirements, including PTET, RPIE, and tax certiorari submissions
- Reconcile development project requisitions with asset management and development teams
- Analyze financial data and prepare ad hoc reports to support management and investment decision-making
Requirements
- 5-10 years of real estate accounting or bookkeeping experience
- Private/combo experience preferred
- Residential real estate accounting experience is preferred
- Project accounting experience preferred
- Cash basis accounting experience required
- Yardi or MRI required
JobID: 48416
Vacancy posted 2 days ago
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