Controller

SBH Community Service Network Inc.; New York (NY); Hybrid; USD 90,000 - 135,000; Full time

Job summary

SBH Community Service Network Inc. in New York seeks a Controller to oversee accounting for real estate syndication and private lending platforms.

The role manages general ledgers, cash flow, intercompany activity, and bank reconciliations, ensuring timely, accurate financial reporting. The ideal candidate holds a Bachelor’s in Accounting, a CPA, and 5+ years of controller experience in real estate or investment management.

Qualifications

• Bachelor’s degree in Accounting with CPA required.
• Minimum 5+ years of accounting or controller experience.
• Experience in real estate, lending, or investment management preferred.
• Strong proficiency in QuickBooks and Excel.
• Experience with cash flow, AP/AR, and banking relationships.
• Ability to train and manage staff and work across teams.

Responsibilities

• Maintain and create QuickBooks files for new real estate deals.
• Manage quarterly investor distributions and waterfall distributions.
• Account for Construction-in-Process projects and cash flow.
• Oversee accounts payable and receivable and trackers.
• Collect funds and investor contributions for new syndications.
• Maintain QuickBooks for the lending company and reconciliations.
• Prepare and issue 1099-INT forms for external partners.
• Prepare monthly lending reports and distribute interest payments.
• Coordinate with CPA to file tax returns for TrueStone entities.
• Train and manage staff; oversee AR/AP for TrueStone LLC.

Skills

Accounting

CPA

QuickBooks

Excel

Cash flow

AP/AR

Education

Bachelor's degree in Accounting

CPA certification

Tools

QuickBooks

Excel

Job description

Controller

Industry: Real Estate Syndication & Private Lending

Employment Type: Full-Time

Companyis a diversified financial services company engaged in real estate syndication and private lending. We manage complex real estate investment structures and provide tailored lending solutions for investors and borrowers.

Key Responsibilities

Real Estate Syndication

• Maintain and create QuickBooks files for new real estate deals.
• Manage quarterly investor distributions through TD Bank and Valley National Bank, including preparing and performing waterfall distributions.
• Account for Construction-in-Process projects, including QuickBooks entries and cash flow management.
• Oversee accounts payable and receivable, coordinating with staff to ensure accurate recording in trackers and ledgers.
• Collect funds and investor contributions for new syndications.

Lending Division

• Maintain QuickBooks for the lending company, including journal entries and reconciliations.
• Update and manage ledgers tracking partner investments and balances.
• Prepare and issue 1099-INT forms for external partners.
• Manage cash flow for the lending fund, including oversight of the company’s line of credit with the bank.
• Coordinate with staff to draft and finalize lending contracts.
• Prepare monthly lending reports utilizing QuickBooks.
• Create and send monthly interest payments to lending partners, along with preparing and distributing partner statements.

General Company-Wide Duties

• Coordinate with CPA to prepare and file tax returns for all TrueStone entities.
• Manage and train staff (both entry-level and mid-level employees).
• Oversee accounts receivable and accounts payable for TrueStone LLC general operations, including office salaries and expenses.

Qualifications

• Bachelor’s degree in Accounting and a CPA.
• Minimum 5+ years of accounting or controller experience, preferably in real estate, lending, or investment management.
• Strong proficiency in QuickBooks and Microsoft Excel.
• Experience managing cash flow, AP/AR, and banking relationships.
• Knowledge of tax compliance and experience preparing financial reports.
• Ability to train and manage staff and work collaboratively across teams.
• Strong attention to detail, organizational skills, and ability to manage multiple priorities.