Assistant Controller

Overview POSITION SUMMARY: The Assistant Controller supports the Controller and CFO in managing accounting, financial reporting, and internal controls for a portfolio of retail real estate assets, including shopping centers and single-tenant assets. This role plays a key part in delivering accurate financial information to internal leadership and external investors, ensuring transparency, compliance, and strong financial performance. Responsibilities Assist in preparing monthly, quarterly, and annual financial statements for retail properties and holding entities. Oversee general ledger activity, journal entries, and balance sheet reconciliations. Review property-level financials, including CAM reconciliations, tenant recoveries, and percentage rent. Support budgeting, forecasting, and variance analysis for retail assets. Monitor compliance with loan covenants and debt reporting requirements. Investor Reporting & Relations Support Prepare and review investor reporting packages, including financial statements and narrative summaries explaining notable events during the quarter. Support quarterly and annual investor reporting, capital account statements, and distribution calculations. Assist in responding to investor inquiries related to financial performance and reporting. Coordinate with asset management to align property performance data with investor communications. Support fundraising efforts by providing historical financial data and analysis. Maintain accurate investor records and support waterfall and promote calculations. Compliance and Tax Matters Ensure compliance with internal accounting policies and partnership agreements. Assist with annual tax filings and tax advisors. Help distribute K-1s to members. Monitor and enhance internal controls and accounting processes. Qualifications Bachelor’s degree in Accounting, Finance, or related field. Minimum of 4 years of accounting experience, preferably in retail real estate. Strong understanding of real estate partnerships and investor structures. Experience with property management/accounting systems (e.g., Yardi, MRI). #J-18808-Ljbffr