Our client, a well-established, privately held real estate investment and management firm, is seeking a Controller. This role will oversee the company's accounting and financial operations across a diverse portfolio of residential, commercial, hospitality, and other real estate investments. The ideal candidate will bring extensive real estate accounting experience, strong leadership capabilities, and a hands‑on approach to financial management. This is an excellent opportunity for an experienced accounting professional to work closely with senior leadership, oversee a small accounting team, and play an important role in the continued growth and financial success of the organization.
Responsibilities
- Oversee the day‑to‑day accounting and financial operations of a diversified real estate portfolio, ensuring accurate and timely financial reporting.
- Manage and provide guidance to a small internal accounting team, overseeing general ledger activities, journal entries, reconciliations, and financial reporting.
- Lead month-end and year-end closing processes, ensuring the accuracy and completeness of financial statements across multiple properties and entities.
- Coordinate with external accounting firms, auditors, and tax professionals to support annual audits, tax preparation, and compliance requirements.
- Oversee property-level accounting activities, including reviewing financial information prepared by third‑party property management companies.
- Develop, review, and consolidate property-level operating budgets to support company‑wide financial planning and cash flow projections.
- Monitor cash flow, operating expenses, and financial performance across the portfolio, identifying trends and opportunities for improvement.
- Track construction and development expenditures, ensuring proper cost allocation, documentation, and financial reporting.
- Manage intercompany transactions, inter‑entity loans, and the allocation of management fees and other shared expenses.
- Prepare and provide financial statements, balance sheets, income statements, and supporting documentation to financial institutions and other external parties as needed.
- Collaborate with senior leadership on financial planning, budgeting, tax‑related considerations, and capital allocation decisions.
- Evaluate existing accounting procedures and internal controls, recommending improvements to enhance efficiency, accuracy, and reporting capabilities.
- Serve as a key point of contact for internal management teams, external accountants, and third‑party service providers on accounting and financial matters.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field required.
- Significant progressive accounting experience, including prior experience in a Controller, Assistant Controller, Accounting Manager, or comparable leadership role.
- Direct experience in real estate accounting and property‑level financial management is required.
- Strong understanding of real estate financial reporting, general ledger accounting, consolidations, and month‑end/year‑end closing procedures.
- Experience managing accounting activities across multiple properties, legal entities, or investment structures.
- Familiarity with real estate accounting software such as Yardi, Rent Manager, MRI, or comparable platforms.
- Experience coordinating with external auditors, CPA firms, and tax professionals.
- Strong knowledge of budgeting, cash flow forecasting, financial analysis, and expense management.
- Experience with intercompany transactions, construction accounting, and property‑level cost allocations preferred.
- Demonstrated ability to supervise accounting staff while remaining actively involved in day‑to‑day accounting operations.
- Excellent organizational, analytical, and problem‑solving skills with strong attention to detail.
- Ability to work independently, manage competing priorities, and communicate effectively with senior leadership and external partners.
- CPA designation preferred but not required.
- Experience working within a privately held real estate investment or property management organization strongly preferred.
Compensation
$175-200K
We are an Equal Opportunity Employer and consider qualified applicants for employment regardless of race, gender, gender identity, gender expression, age, color, religion, disability, veteran status, sexual orientation, or any other protected factor.