We are seeking an Assistant Controller to support the accounting and financial reporting function across a growing multifamily real estate portfolio. This role is ideal for a hands‑on accounting leader who thrives in a dynamic environment and enjoys balancing technical accounting responsibilities with team leadership and process improvement.
Working closely with senior accounting leadership, the Assistant Controller will play a critical role in month‑end close activities, financial reporting, lender and investor compliance reporting, audit support, and portfolio accounting oversight. This individual will also lead and develop a team of accounting professionals while helping ensure accurate, timely, and compliant financial operations across multiple entities and properties.
Key Responsibilities
- Assist with monthly, quarterly, and annual close processes, including journal entries, accruals, account reconciliations, and financial reporting.
- Prepare and review general ledger reconciliations, investigate variances, and ensure timely resolution of discrepancies.
- Review property‑level financial statements for accuracy, completeness, and compliance prior to distribution.
- Support lender, investor, and regulatory reporting requirements, including documentation related to affordable housing funding programs.
- Prepare and coordinate audit support schedules, PBC requests, and financial documentation for external auditors and stakeholders.
- Assist with accounting setup and financial integration activities related to property acquisitions, financings, and refinancing.
- Collaborate with property management and operational teams to resolve accounting issues and ensure adherence to accounting policies and procedures.
- Supervise, mentor, and develop a team of senior and staff accountants, including workload management, performance feedback, training, and professional development.
- Support process improvement initiatives designed to strengthen internal controls, reporting efficiency, and accounting accuracy.
Key Requirements
- 7+ years of progressive accounting experience, preferably within real estate, multifamily property management, or affordable housing organizations.
- Bachelor's degree in Accounting, Finance, or a related field required; CPA designation or active CPA candidacy strongly preferred.
- Strong experience with month‑end close, general ledger accounting, account reconciliations, and financial statement preparation.
- Experience supporting lender reporting, investor reporting, audits, and compliance‑related financial documentation.
- Knowledge of multifamily real estate accounting and property‑level financial reporting.
- Experience with affordable housing programs such as HUD, CDBG, LIHTC, or other government‑funded housing initiatives is highly preferred.
- Advanced Microsoft Excel skills and experience with property management or accounting platforms such as Yardi, MRI, or similar systems.
- Prior experience managing and developing accounting staff, including performance management and workflow oversight.
- Strong organizational, analytical, and communication skills with the ability to manage multiple entities, priorities, and deadlines.
Preferred Qualifications
- CPA certification or progress toward CPA licensure.
- Experience working within affordable housing, mixed‑use, or multifamily real estate portfolios.
- Exposure to acquisition accounting, refinancing transactions, and property onboarding processes.
- Experience implementing process improvements and strengthening accounting controls within a growing organization.