Real Estate Corporate Controller

My client is doing a confidential search for a real estate and property experienced controller. The role is in midtown Mnahattan. Onsite 5 days a week. Amazing role. Report to the CEO , for the right person they can finish their career. 10-15 years experience required and previous experience in smaller environments perferred. Role will start for right candidate. Salary 165-190k plus benefits-negotiable

Key Responsibilities

The Controller will have broad responsibility for the financial and accounting functions of the company and its real estate portfolio. Responsibilities will include, but are not limited to:

• Financial Accounting & Reporting: Maintain and oversee financial records, general ledgers, trial balances, financial statements, adjusting and eliminating entries, intercompany transactions, and other periodic financial reporting.
• Tax Compliance & Coordination: Coordinate with the company’s outside accounting firm, on quarterly tax estimates, tax payments, and the preparation and filing of federal, state, and local tax returns. Prepare and oversee required real estate filings, including RPIE reports.
• Treasury & Cash Management: Oversee banking relationships, account setup and administration, cash balances, transfers, reconciliations, and related accounting entries.
• Lender & Mortgage Reporting: Manage lender and loan-servicer requirements, including quarterly and annual reporting, financial statements, trial balances, rent rolls, DSCR calculations, insurance compliance, economic surveys, and other required submissions. Communicate directly with lenders and servicers as necessary.
• Tenant Billing & Lease Administration: Oversee tenant billing and accounting records, including base rent and other lease charges, operating expense escalations, real estate tax escalations, termination payments, and other amounts due under tenant leases.
• Accounts Receivable & Accounts Payable: Supervise and support AP and AR staff, monitor tenant receivables and collections, and oversee vendor payments and related accounting controls.
• Tenant Financial Review: Review and analyze tenant financial statements and other financial information as required.
• Property Management & Accounting Systems: Oversee the company’s CPM property management/accounting system and related financial applications, ensuring accurate information, reporting, and effective utilization.
• Payroll & Intercompany Accounting: Perform payroll reconciliations and oversee intercompany, adjusting, and eliminating entries.
• Regulatory & Government Reporting: Prepare required Census Bureau and other governmental or regulatory filings, including quarterly census reporting.
• Investments & Retirement Accounts: Assist ownership with investment accounts and strategies, cash management, and administration and review of the company’s 401(k) plan.
• Cost Segregation: Coordinate with third-party consultants on cost segregation studies and related accounting matters.
• Corporate Records & Compliance: Maintain annual corporate records and required entity filings in coordination with VCorp and other outside professionals.
• Insurance: Participate in the review and administration of the company’s property, business, and employee health insurance programs, including coverage and cost analysis.
• Tenant & Professional Relationships: Communicate professionally with tenants through email, telephone, and meetings and work closely with lenders, accountants, attorneys, insurance professionals, vendors, and other outside parties.
• Ownership & Family Accounting: Assist with accounting, financial reporting, and personal financial statements for ownership and family members, as requested.

Given the size and structure of our organization, this is a hands-on Controller position. The successful candidate will be comfortable managing high-level financial and accounting responsibilities while also becoming involved in the day-to-day details necessary to keep the company and its properties operating effectively.

please email me back at View email address on click.appcast.io a resume and availability this week