Controller

HRB

Silver Spring (MD)

Hybrid

USD 150,000 - 170,000

Full time

12 days ago

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Benefits offered by this job

Hybrid work model
Bonus eligible 10-15%

Job summary

HRB is seeking a Controller to oversee day-to-day accounting for a commercial/retail real estate portfolio. This hybrid role requires 3 days in-office, leading a small team and partnering with the CFO on financial strategy.

You will own the monthly close, prepare consolidated statements, manage compliance with income tax-basis reporting, and drive process improvements across a multi-entity portfolio.

Qualifications

  • BS/BA in Accounting or Finance required.
  • CPA preferred.
  • 7+ years of progressive accounting experience.
  • 2+ years in a supervisory/management role.
  • Commercial real estate accounting experience required.
  • Proficiency with property accounting software (Yardi, MRI, AppFolio, or similar) and advanced Excel skills.
  • Experience managing lender and investor reporting cycles preferred.
  • Excellent communication and leadership skills.

Responsibilities

  • Own the monthly, quarterly, and annual close process across the portfolio and entities.
  • Prepare consolidated financial statements, property-level P&Ls, and variance analyses for the CFO and ownership/investors.
  • Ensure accurate accounting for CAM reconciliations, tenant billings, depreciation, and capex on an income tax basis.
  • Review and approve journal entries, account reconciliations, and balance sheet schedules prepared by the team.
  • Lead two Senior Accountants and develop accounting procedures and review checklists.
  • Liaise with tax preparers and lenders; ensure loan covenants compliance and investor reporting obligations.

Skills

Accounting
Financial reporting
Team leadership
Communication
Internal controls

Education

B.S./B.A. in Accounting or Finance
CPA preferred

Tools

Yardi
MRI
AppFolio
Excel (Advanced)

Job description

Controller

This is a hybrid role (3 days in-office).

Compensation: $150-170k + 10-15% bonus, depending on related expertise.

The Controller will lead day-to-day accounting operations for our commercial/retail real estate portfolio, ensuring accurate and timely financial reporting, strong internal controls, and compliance with income tax-basis accounting standards and lender/investor requirements.

This role partners closely with the CFO on financial strategy while managing a team of two Senior Accountants and owning the monthly close, property-level reporting, and compliance processes.

Key Responsibilities
Financial Reporting & Close
  • Own the monthly, quarterly, and annual close process across the property portfolio and corporate entities
  • Prepare consolidated financial statements, property-level P&Ls, and variance analyses for the CFO and ownership/investors
  • Ensure accurate accounting for CAM reconciliations, tenant billings, depreciation, and capital expenditures on an income tax basis
  • Review and approve journal entries, account reconciliations, and balance sheet schedules prepared by the team
Team Leadership
  • Manage, mentor, and develop two Senior Accountants, including workload allocation, performance reviews, and professional growth
  • Establish and document accounting procedures and review checklists to ensure consistency across properties
  • Serve as the escalation point for complex accounting issues raised by the team
Controls & Compliance
  • Maintain and strengthen internal controls over financial reporting across the portfolio
  • Serve as primary liaison for tax preparers and lender reporting requirements
  • Ensure compliance with loan covenants, partnership agreements, and investor reporting obligations
  • Oversee property tax, insurance, and 1099 reporting processes
Process & Systems
  • Identify and implement process improvements and automation opportunities within the accounting function
  • Own the chart of accounts and property accounting system administration (e.g., Yardi, MRI, or similar)
  • Support budgeting, forecasting, and cash management in partnership with the CFO
Business Partnership
  • Provide the CFO with financial analysis and ad hoc reporting to support acquisition due diligence, refinancing, and dispositions
  • Collaborate with property management and asset management teams on operational and financial questions
Qualifications
  • BS/BS in Accounting or Finance
  • CPA preferred
  • 7+ years of progressive accounting experience required
  • 2+ years in a supervisory/management role required
  • Commercial real estate accounting experience required (CAM reconciliations, multi-entity/property consolidations, income tax-basis reporting) required
  • Knowledge of income tax-basis accounting principles as applied to real estate is preferred
  • Proficiency with property accounting software (Yardi, MRI, AppFolio, or similar) and advanced Excel skills are preferred
  • Experience managing lender and investor reporting cycles preferred
  • Strong organizational skills, attention to detail, and ability to manage multiple deadlines across a portfolio of properties are required
  • Excellent communication skills and demonstrated ability to lead and develop a team are required
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