Real Estate Assistant Controller

Assistant Controller – Property Accounting Reports to: Chief Financial Officer Department: Accounting Job Description: The Assistant Controller will have the responsibility of working with property accounting staff, including senior accountants, accounts payable and treasury team members to provide leadership and oversight over the day-to-day financial operations of their assigned properties. Essential Duties and Responsibilities include the following: Prepare and review all aspects of the monthly property closings for their assigned properties to produce accurate and timely property financial statements Act as liaison between Property Management, Asset Management, Capital Markets, Due Diligence, Fund Accounting and other departments to deliver accurate financial information, on a timely basis. Prepare and review monthly and quarterly reporting to lenders, where applicable. Review tenant leases/amendments regarding tenant set-up and billings matters Assist the Collection Coordinator with tenant ledger and billing inquiries Review monthly management fee calculations Review and evaluate current and future cash requirements at the property level Prepare/review monthly work papers, bank reconciliations and variance reports Review and approve vendor invoices Prepare and review monthly distributions and capital calls, at the property level and related fund level Coordinate completion of annual budgets with other departments and property managers Assist in the annual audit process and provide support to the Fund Controller, Property Controller and Chief Financial Officer Ancillary Responsibilities Work closely with Due Diligence and Capital Markets regarding property sales, acquisitions, appraisals and lender related issues. Work on special projects as assigned by senior management Qualifications – To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. BA/BS Degree in Accounting Minimum 5 years experience in real estate and/or property management accounting as a Supervisor. Advanced Excel skills preferred Property Management/Accounting software experience (Yardi, AvidxChange, Concur, Blackline, etc.) Strong analytical and problem-solving skills Solid understanding of all real estate accounting issues Excellent communication and organization skills are essential #J-18808-Ljbffr