Assistant Controller

Addison Group; Tysons (VA); Hybrid; USD 90,000 - 110,000; Full time

Benefits offered by this job

Medical, dental, and vision benefits

401(k) plan

Job summary

A leading recruitment agency is seeking an experienced Assistant Controller with a strong background in property accounting. This hybrid role requires extensive knowledge in GAAP standards and a minimum of seven years of experience in real estate or property accounting. The ideal candidate will demonstrate team leadership skills and be adept with advanced Excel functionalities. You will oversee accounting activities, manage a property team, and serve as a primary contact for financial reporting inquiries. Excellent communication skills are essential, making this an ideal opportunity for professionals looking to impact in the property industry.

Qualifications

• Minimum of seven years of professional experience in real estate or property accounting.
• At least five years of demonstrated success leading and managing teams.
• Exceptional verbal and written communication abilities.

Responsibilities

• Monitor the financial performance of a diverse property portfolio.
• Oversee daily accounting activities of a team of Property Accountants.
• Serve as a primary point of contact for third-party clients.

Skills

Real estate or property accounting experience

Team leadership and management

GAAP standards knowledge

Advanced Excel skills

Verbal and written communication

Education

Bachelor’s degree in Accounting, Finance, or a related field

Tools

Yardi

Job description

Position Title: Assistant Controller (within Property Industry)

Location: Mclean, VA - hybrid position

Assignment Type: Direct Hire

Benefits

Addison Group's client has benefit offerings that include medical, dental, vision, and 401(k).

Qualifications

• Minimum of seven years of professional experience in real estate or property accounting
• At least five years of demonstrated success leading and managing teams
• Extensive experience in affordable housing, multifamily, or property management accounting environments
• Bachelor’s degree in Accounting, Finance, or a related field required
• In-depth understanding and practical application of GAAP standards
• Advanced Excel skills, including pivot tables, VLOOKUPs, SUMIFs, and similar functions
• Hands-on experience with property management and accounting systems
• Prior experience using Yardi is a strong plus
• Exceptional verbal and written communication abilities

Responsibilities

• Monitor the financial performance of a diverse property portfolio
• Oversee the daily accounting activities of a team of Property Accountants, including the review and approval of monthly financial statements, bank reconciliations, wire transactions, and related deliverables, ensuring all internal and external deadlines are met
• Serve as a primary point of contact for third-party clients, addressing inquiries related to financial reporting, distributions, business license filings, personal property tax filings, and other tax-related matters
• Lead the onboarding of newly acquired properties and manage property dispositions, including sales or management transitions, with responsibility for preparing accurate sale prorations
• Collaborate closely with the operations team on annual budgeting, reforecasting, cash draw requests, and the preparation of financial statements
• Provide leadership to a team of Property Accountants through coaching, training, performance management, goal setting, and corrective action when necessary
• Partner with the VP of Property Accounting to support monthly close, year-end processes, and audit requirements
• Effectively manage multiple priorities and deadlines across several property management and accounting systems
• Apply a strong working knowledge of GAAP and relevant industry standards to ensure accurate and compliant financial reporting