Accountants One has a client located near Midtown in Atlanta, GA that is looking for a Controller to add to their team. The company is in the Real Estate industry and nationally has over 5000 employees. They are looking for someone to be responsible for the accounting records and administrative matters for assigned projects and entities as well as the supervision and development of respective accounting staff. It is a hybrid position. 3 days in office and 2 work from home.
Treasury functions including review of bank reconciliations and cash flow projections.
Review and approve funding request to investors.
Review and approve standard reference requests for new ACH/wire relationships.
Review and approve reserves and write offs in accordance with governing agreements.
Review and approve wire/ACH payments; sign checks.
Review lease abstracts and other related lease administration documentation ensuring proper lease accounting treatment per GAAP or other basis of accounting.
Review and provide oversight of accounting team for calculations of estimated operating and tax expense billings and subsequent reconciliations.
Ensure all accounting records and reports are being maintained timely, accurately and in accordance with GAAP or other basis of accounting. Special consideration to areas such as debt modifications, acquisitions/dispositions, interest capitalization, etc.
General ledger review and analysis.
Review Property Budgets/Projections
Administer financial, internal and tenant audits.
Assist with the communication and coordination with external investors and lenders and ensure compliance with all legal agreements (e.g. development management, property management, partnership, leasing and/or financing).
Review and confirm integrity of monthly and quarterly reporting for property(s) or project(s).
Review quarterly debt compliance, if applicable, including compliance certificates and DSCR/Debt Yield calculations in accordance with loan documents.
Review reports generated for upper management and external users as well as other significant internal reports (e.g. investment performance templates).
Identify risks; propose and implement risk mitigation strategies.
Review accounting position memos documenting accounting treatment of new/unusual items.
Review cash flow and valuation models for operating and development projects.
Supervise and oversee the training and development of accounting personnel and assigned subordinate staff.
Direct and monitor the working relationships subordinates have with their counterparts internally and externally.
Participate in due diligence for asset acquisitions and dispositions or other special projects as assigned.
Review and opine on various legal documents, including but not limited to: PSAs, loan/guaranties, leases.
Review and approve set up of new projects ensuring compliance with governing documents (e.g. PSA, JV documents, etc.).
Maintain / Interpret internal controls through documented policies and procedures to ensure accounting record integrity and reliability and asset preservation.
Review tax projections and tax preparation workpapers.
Work with Regional VP/SVP, Officers, etc. to address issues / needs of the department.
Ability to handle complex (e.g. very technical) ownership/equity structures.
Bachelor’s degree in Accounting, Business Administration, or related discipline from an accredited.
Eight or more years of professional accounting experience, preferably a combination of public and industry.
Three or more years of prior management experience required.
Public accounting experience is strongly preferred.
Commercial real estate accounting and valuation experience preferred.
Tax and/or financing experience preferred.
CPA a plus
Must be in Georgia as resident
Background check and credit check
Real Estate Controller
Atlanta, Georgia | Direct Hire
Date Added: 11/11/22Type: Direct HireLocation: Atlanta, GeorgiaPay: $150,000.00 - $180,000.00 Job ID: 16323