Controller

Prescott Group; Dallas (TX); On-site; USD 140,000 - 210,000; Full time

Job summary

Prescott Group in Dallas, TX seeks an experienced Controller to oversee financial reporting, accounting operations, and analysis for a portfolio of real estate funds, direct investments, joint ventures, and operating companies.

You will manage month-end closes, consolidations, investor reporting, cash management, and tax coordination, while partnering with the CFO to drive budgets, variance analysis, and strategic initiatives.

Qualifications

• Bachelor's or master's in Accounting/Finance required.
• Active CPA license required.
• 12–15+ years of relevant experience, preferably including public accounting.
• Experience with partnerships, investment companies, real estate, or single-family loan portfolios preferred.
• 3–5+ years of supervisory or management experience.
• Strong knowledge of partnership and investment company accounting with complex matters.
• Advanced Excel skills and strong analytical abilities.
• Deep Yardi knowledge with hands-on admin experience.

Responsibilities

• Lead day-to-day accounting and financial reporting for multiple funds, joint ventures, direct investment vehicles, and Prescott operating companies.
• Oversee month-end close, monthly consolidations, and financial statement preparation across entities.
• Review financial statements and footnotes for accuracy and compliance.
• Maintain ownership of financial statement processes at fund, REIT, and corporate levels.
• Oversee accounts payable for entities managed internally.
• Coordinate quarterly investor reporting, fund budgets, and financial analysis.
• Serve as Yardi administrator and drive system improvements.
• Supervise accounting team and collaborate with asset managers and external partners.

Skills

Advanced Excel

Financial analysis

Leadership

Communication

Problem solving

Education

Bachelor's or Master's in Accounting/Finance

CPA license

Tools

Yardi

Job description

The Controller is responsible for the financial reporting, accounting operations, and financial analysis of a portfolio of real estate funds, direct investment vehicles, joint ventures, and operating companies. This position oversees all aspects of the month-end close, fund-level consolidations, financial statement preparation, cash management, and investor reporting.

Working closely with the CFO, the Controller will support quarterly investor reporting, fund budgeting, financial analysis, and strategic initiatives. This role serves as a key financial and operational partner to ownership and senior management, with significant visibility across the organization and responsibility for maintaining the accuracy, integrity, and efficiency of the Company's financial reporting processes.

Key Responsibilities

• Lead the day-to-day accounting and financial reporting for multiple funds, joint ventures, direct investment vehicles, and Prescott operating companies.
• Oversee the month-end close process, monthly consolidations, and preparation of financial statements across multiple entities.
• Review financial statements, including footnotes, for accuracy, completeness, and compliance with applicable accounting standards.
• Maintain ownership of the financial statement process and ensure timely and accurate recording of fund-level, REIT-level, and corporate accounting activity.
• Ensure middle- and upper-tier entity activity is recorded accurately and promptly.
• Oversee accounts payable processes for entities managed internally.
• Maintain accurate accounting for loan and bond income, lines of credit, and other fund- and REIT-level transactions.

Financial Reporting & Investor Relations

• Partner with the CFO in preparing quarterly investor reporting, financial analysis, and fund budgets.
• Prepare and/or review investor reporting related to capital calls, distributions, and quarterly financial statements in accordance with Institutional Limited Partners Association (ILPA) standards.
• Provide high-level variance analysis, financial statement analysis, and meaningful explanations of financial performance.
• Respond to internal and external reporting requests, including investor inquiries and ad hoc financial analysis.
• Ensure all reporting deadlines are met, including quarterly investor reporting, audits, tax deliverables, and other financial requests.

Treasury & Cash Management

• Monitor and analyze fund cash positions to support timely and appropriate cash management.
• Review, approve, and initiate wire transfers and ACH transactions as needed.
• Work with the CFO to evaluate liquidity and ensure distributions are made timely and in accordance with applicable partnership and operating agreements.

Audit, Tax & Technical Accounting

• Oversee annual audits of funds and selected investment-level entities.
• Coordinate with external tax advisors to prepare supporting schedules, provide underlying documentation, and review tax deliverables as needed.
• Support the preparation of tax returns, REIT qualification tests, taxable income estimates, and other tax-related projects.
• Research and resolve complex GAAP accounting matters affecting funds and investment companies.
• Evaluate investment capital structures and determine appropriate accounting treatment at both the fund and investment levels.
• Assist with the calculation and review of advisory, incentive, acquisition, disposition, and other investment-related fees.

Systems & Process Improvement

• Serve as the primary Yardi administrator and internal subject matter expert, providing system oversight and support.
• Identify and implement improvements to accounting processes, organizational structures, operational procedures, and financial reporting functions.
• Recommend enhancements to systems, controls, and workflows to improve efficiency, accuracy, and scalability.
• Supervise and develop accounting team members, ensuring quality, productivity, and accountability.
• Serve as a strategic partner to Company leadership, providing financial insights and recommendations to support business decisions.
• Collaborate effectively with accounting team members, asset managers, property managers, Dyck O’Neal personnel, and external partners to resolve issues and improve operational efficiency.
• Support special projects and other initiatives as directed by senior management.

Qualifications & Experience

• Bachelor's or master's degree in Accounting or Finance.
• Active Certified Public Accountant (CPA) license required.
• 12–15+ years of relevant professional experience, preferably including public accounting experience.
• Experience with partnerships, investment companies, real estate, and/or single-family loan portfolios strongly preferred.
• 3–5+ years of supervisory or management experience.
• Strong technical knowledge of partnership and investment company accounting, including equity and dividend methods, with demonstrated ability to research and resolve complex accounting matters.
• Advanced Excel skills and strong analytical capabilities.
• In-depth knowledge of Yardi, including substantial hands‑on experience with system administration and configuration. Experience serving as a primary Yardi resource or administrator strongly preferred.
• Strong understanding of financial statements, consolidations, fund accounting, and investor reporting.
• Excellent communication, organizational, and problem‑solving skills.
• Ability to manage multiple priorities, meet deadlines, and operate effectively in a fast‑paced environment.

What Makes This Opportunity Unique

This is a high-visibility role with meaningful interaction with ownership, senior management, and investment professionals. The Controller will have the opportunity to influence accounting operations, strengthen financial reporting infrastructure, and contribute directly to the Company's continued growth and operational excellence.