Controller - Portfolio Controller real estate

Jobot; McLean (VA); On-site; USD 150,000 - 190,000; Full time

Benefits offered by this job

Comprehensive health insurance

PTO package

401k

Job summary

Jobotis seeking a Portfolio Controller to lead accounting for a dynamic real estate investment and development portfolio in McLean, VA. This on-site, permanent role reports into finance leadership and focuses on sophisticated accounting, reporting, and capital activity across real estate assets and partnerships.

You will partner with cross‑functional teams to ensure accurate financials, manage complex waterfall calculations, and drive internal controls and process improvements in a fast-paced

Qualifications

• 5+ years of progressive accounting and finance experience in real estate investment, development, joint ventures, or partnership structures.
• Bachelor’s degree in Accounting, Finance, or related field; CPA preferred.
• Experience with JV, development, real estate, investment, and partnership accounting.

Responsibilities

• Oversee portfolio‑level accounting and financial reporting for real estate investments, development projects, joint ventures, and partnership entities.
• Lead monthly, quarterly, and annual close processes with accurate financial statements and reconciliations.
• Manage JV and partnership accounting, allocations, capital activity, and investor reporting.
• Prepare and review partnership waterfalls, equity waterfalls, and waterfall calculations.
• Coordinate capital calls, contributions, and distributions; maintain investor records.
• Oversee development accounting, CIP, project cost tracking, and draw requests.
• Monitor budgets, funding requirements, and variances with development teams.
• Lead consolidation, intercompany accounting, eliminations, and reconciliations.
• Maintain and enhance workflows in Yardi systems; deliver portfolio reporting to stakeholders.
• Coordinate audits with external accountants and tax advisors.

Skills

Real estate accounting

JV accounting

Financial reporting

Yardi software

Close processes

Education

Bachelor's degree in Accounting or Finance

CPA designation preferred

Tools

Yardi Voyager

Yardi Investment Management

Consolidations

Job description

Controller - Portfolio Controller real estate

$150000 - $190000 per year | McLean, VA | On-site | Permanent

A bit about us:

Our client is a rapidly growing, well-established investment and development organization experiencing an exciting period of national expansion. Backed by more than two decades of success and billions of dollars in transactions, the company has built an exceptional reputation while continuing to aggressively expand its footprint.

With significant capital investment, an expanding portfolio, and an ambitious long-term growth strategy, the organization is entering a transformative chapter. This growth is creating tremendous opportunities across the business as the company continues to scale its operations, strengthen its leadership team, and invest in the infrastructure needed to support its future.

What makes this opportunity particularly exciting is the chance to join an established, financially strong organization that is growing at an exceptional pace. For accounting and finance professionals, that means greater exposure, increased responsibility, complex and challenging work, and the opportunity to make a meaningful impact as the business continues to evolve.

This is an outstanding opportunity for someone looking to take the next step in their career with an organization that offers both the stability of an established industry leader and the energy, opportunity, and upward mobility of a rapidly expanding company.

Why join us?

• Comprehensive health insurance


• PTO package


• FSA, STD & LTD and supplemental life


• Employee Assistance Program


• Employee Discount Program


• 401k


• 1 day a week remote/ 4 days in office.

Job Details

Job Details

Take ownership of the financial story behind a dynamic real estate investment and development portfolio. We are seeking a Permanent Portfolio Controller to lead sophisticated accounting operations, deliver meaningful financial insights, and support investment decisions across real estate assets, joint ventures, and partnerships.

This opportunity is ideal for an accounting and finance professional who combines technical expertise with a hands‑on approach. You will partner with investment, development, asset management, and finance teams to strengthen reporting, oversee capital activity, and guide portfolio accounting through acquisitions, development, and ongoing operations.

Responsibilities

• Oversee portfolio‑level accounting and financial reporting for real estate investments, development projects, joint ventures, and partnership entities.


• Lead monthly, quarterly, and annual close processes, ensuring accurate financial statements, reconciliations, and supporting schedules.


• Manage joint venture and partnership accounting, interpreting agreements to ensure accurate allocations, capital account activity, and investor reporting.


• Prepare and review partnership waterfalls, equity waterfalls, and waterfall calculations, including preferred returns, promote structures, and distribution allocations.


• Coordinate capital calls, capital contributions, and capital distributions while maintaining accurate investor and partnership records.


• Oversee development accounting, including Construction in Progress (CIP), project cost tracking, development funding requests, and construction draw requests.


• Partner with development teams to monitor budgets, funding requirements, project commitments, and cost variances.


• Manage investment accounting, fair value accounting, and acquisition accounting, including transaction recording and supporting documentation.


• Lead consolidations, intercompany accounting, eliminations, and account reconciliations across complex ownership structures.


• Maintain and enhance accounting workflows within Yardi, Yardi Voyager, and Yardi Investment Management.


• Deliver timely portfolio reporting and actionable analysis to leadership, investment partners, lenders, and other stakeholders.


• Coordinate audit activities and collaborate with external accountants, tax advisors, and valuation specialists.


• Strengthen internal controls, improve processes, and drive consistency across portfolio accounting operations.


• Provide leadership, guidance, and technical support to accounting team members.

Qualifications

• 5+ years of progressive accounting and finance experience with a strong focus on real estate investment, development, joint ventures, or partnership structures.


• Bachelor’s degree in Accounting, Finance, or a related field, or equivalent relevant professional experience. CPA designation preferred.


• Demonstrated experience, or equivalent expertise, in Joint Venture Accounting, Development Accounting, Real Estate Accounting, Investment Accounting, and Partnership Accounting.


• Strong understanding of Partnership Waterfalls, Waterfall Calculations, and Equity Waterfalls, including the ability to interpret complex partnership agreements.


• Hands‑on experience managing Capital Calls, Capital Contributions, and Capital Distributions.


• Experience with Construction in Progress (CIP), Development Funding Requests, and Draw Requests.


• Technical proficiency in Fair Value Accounting, Consolidations, Intercompany Accounting, and Acquisition Accounting.


• Experience using Yardi, Yardi Voyager, and Yardi Investment Management, or equivalent real estate accounting and investment management platforms.


• Strong knowledge of applicable accounting standards, financial reporting requirements, and internal controls.


• Advanced spreadsheet, analytical, and financial reconciliation skills, with exceptional attention to detail.


• Ability to manage competing deadlines, resolve complex accounting issues, and communicate financial information clearly.


• A collaborative, accountable leadership style and enthusiasm for improving processes in a fast‑moving real estate environment.

Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.

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