assistant controller

  • Full-time

Company Description

Growing Commercial/Residential Real Estate company is looking for a young and talented Assistant Controller. 

Job Description

  • Supervise and train senior property accountants
  • Review monthly GL close and internal/external reporting ensuring all financial reports are prepared accurately and on a timely basis
  • Review property cash flow - coordinate both distributions to partners and/or capital calls issued to partners as needed
  • Review year-end CAM escalations, real estate tax escalations and other recovery calculations
  • Assist with creating financial models for the acquisition, development and divestiture of institutional sized real estate transactions
  • Interface with independent auditors and tax preparers in the preparation of annual audits and tax returns for multi-tier partnership structures
  • Review and analyze property operating budgets for timely distribution to senior management, partners and /or lenders
  • Review complex joint venture agreements and prepare abstracts related to capital distributions/capital calls and allocation on profit and loss both for tax and GAAP
  • Review loan agreements and oversee compliance with payment terms and debt covenants
  • Review construction draw requests and interface with respective lenders and institutional investors
  • Review construction budgets for development and tenant improvement projects and analyze actual to budget variances. Review and estimated costs to complete the construction projects on a monthly basis.
  • Ensure compliance with cost control procedures for purchasing goods and services
  • Special projects as needed

Qualifications

  • A bachelors degree in accounting with a minimum of 7-10 years of progressive accounting experience
  • Real estate industry experience preferred
  • 5 years supervisory experience
  • The ability to work efficiently and effectively to meet deadlines and work with multiple departments/managers and assignments simultaneously
  • Excellent analytical, communication and interpersonal skills

Additional Information

140k plus bonus