Assistant Controller/Controller Successor

Job Description

Job Description

Description:

Fath Properties is seeking an experienced and motivated accounting professional to join our corporate team as an Assistant Controller , with the opportunity to transition into the Controller position within several months of hire .

This is an excellent opportunity for a seasoned accounting professional seeking career advancement and a leadership role within an established and financially strong organization.

Position Summary

The Assistant Controller will work closely with the current Controller and Chief Financial Officer to become familiar with the company's accounting operations, financial systems, reporting requirements, and internal controls. Following a successful transition period, the individual will assume the responsibilities of Controller, overseeing the company's accounting department and supporting its multi-state property management operations.

The successful candidate will possess strong accounting knowledge, supervisory experience, analytical skills, and the ability to manage multiple priorities while maintaining accuracy and meeting deadlines.

Key Responsibilities 

Accounting Operations and Financial Management

• Oversee daily accounting operations, including accounts payable, accounts receivable, cash management, and general ledger activities.
• Manage the monthly accounting close process, ensuring completion by the 10th of each month.
• Supervise bank reconciliations, positive pay transactions, and related banking activities.
• Oversee vendor payment processes. Approval workflows, and vendor compliance.
• Monitor resident deposit accounting, collections, and related financial transactions.
• Assist with preparation of annual operating budgets and financial analyses.
• Monitor utility expenses, resident utility billbacks, and related reporting.
• Record biweekly payroll transactions and oversee miscellaneous corporate accounting activities.
• Coordinate required filings, including Forms 1099, unclaimed funds, and use tax reporting.
• Plan and coordinate property accounting audits.

Leadership and Department Management  

• Supervise, train, and develop accounting department personnel.
• Establish and maintain effective accounting procedures, internal controls, and reporting practices.
• Work collaboratively with property managers, regional management, and corporate leadership to address accounting-related matters.
• Identify opportunities to improve accounting processes, increase efficiency, and strengthen financial controls.

Information Technology and Systems

• Coordinate with the company's outside IT provider to support business technology needs.
• Monitor IT helpdesk requests, computer inventory, and equipment replacement planning.
• Assist with troubleshooting accounting software, hardware, and technology-related issues.
• Identify opportunities to improve accounting systems and business processes through technology.

Required

• Minimum of five years of progressive accounting experience, including previous supervisory responsibilities.
• Strong knowledge of general accounting principles, financial reporting, reconciliations, and internal controls.
• Demonstrated ability to supervise accounting personnel and manage competing deadlines.
• Strong analytical, organizational, and problem-solving skills.
• Proficiency with accounting software and Microsoft Excel.
• Excellent communication skills and the ability to work effectively with management and operational personnel.

Preferred

• Bachelor's degree in accounting, finance, or a related field, or equivalent professional experience.
• Previous experience as an Assistant Controller, Accounting Manager, or Controller.
• Experience in multifamily property management, commercial real estate, or a multi-entity business environment.
• Experience with Yardi or similar property management accounting software.
• CPA designation or other advanced accounting credentials.
• Experience implementing accounting process improvements and financial reporting efficiencies.