Controller - Property Accounting

The Controller for Property Accounting, a hybrid role, will lead a property accounting team and be responsible for the financial accounting and reporting for the multi-family communities and related entities involved in ownership and management of a portfolio. Competitive compensation package with a variety of benefit options. A great group of people that believe in working together for the greater good and having fun while doing it! A team that supports your personal and professional growth and is willing to make investments to help you achieve your long-term goals. Responsibilities are summarized and detailed, below.

Candidate Qualifications / Experience Requirements

Degree in Accounting or Finance required (or equivalent years of experience)
Must have 8+ years’ experience in the accounting profession (public or private)
Real estate industry experience required
CPA (preferred)
Yardi experience preferred
Proficient in MS Office including Excel and Word
Familiarity with analyzing complex deal documents and determining proper accounting treatment
Ability to travel on a limited basis

Personal Qualities -

Organized and detail oriented with exceptional project management skills
Strong interpersonal and relationship skills; enjoys building and maintaining effective relationships with internal and external customers; collaborative team player
Positive and strong work ethic; takes initiative and is accustomed to fast paced environments
Excellent communication skills both verbal and written

Position Responsibilities
Summarized -
Providing leadership and oversight to the property accounting and accounts payable team (of six), close coordination with various departments including the property management team oversight and completion of the monthly close including general ledger review, financial reporting and analysis, understanding and recording of complex transactions, enhancement of policies and procedures, cash management, internal and external reporting (including to lenders, investors, and management). The Controller will assist with development and implementation of business strategy, establishing a productive and knowledgeable accounting team, and fostering lasting client relationships.
The details -

Coordinate and manage the month-end closing and financial reporting process
Perform detailed analytically driven financial reviews and resolution of issues/discrepancies
Accurately prepare workpaper, record and account for all transactions including acquisitions, dispositions, recaps, and debt refinancing events (will work with our NY corporate accounting and finance team along with the Capital Markets and Investor Relations teams to ensure these are complete and accurate)
Record and maintain Investor contributions and distributions through all entities within the deal structure for new and existing properties
Prepare and submit monthly, quarterly, and annual lender and investor reporting for properties
Responsible for aspects of the accounting system in Yardi including the mapping of financial statements and chart of account maintenance and coding, entity setup, banking set up and vendor maintenance
Review and approve property related invoices in Yardi P2P.
Responsible for ensuring a controlled transition and wind-down for assets that are sold including pro ration calculations, record sale and profit/distributions to investors thru waterfall structure
Assist the CFO with coordination and support of the annual tax returns and annual audits for properties and entities within the deal structure with the accounting firms including review, preparation of workpapers and recording of entries
Document and support accounting and operational implementation of policies, procedures and compliance including process changes
1099 and 1096 preparation
Manage all bank accounts/deposits and oversee the cash management process