Corporate Controller

American Real Estate Partners LLC; McLean (VA); On-site; USD 125,000 - 180,000; Full time

Job summary

American Real Estate Partners (AREP) is a US-based fund manager with PowerHouse Data Centers as a division, headquartered near the Greater Washington area. AREP Management seeks a Corporate Controller in McLean, VA to lead day-to-day accounting, budgeting, and financial reporting for a portfolio of real estate funds and joint ventures.

The role partners with acquisitions, asset management, development, and operations to ensure data accuracy, robust internal controls, and timely audits.

Qualifications

• Bachelor’s degree in Accounting/Finance or equivalent experience.
• 10+ years of progressive real estate accounting leadership.
• Experience with complex development transactions and capital sources.
• Strong internal controls and process design expertise.
• Proficient in Yardi and advanced Excel.

Responsibilities

• Prepare monthly, quarterly, and annual financial reports for management, investors, lenders, and all other users.
• Own and maintain the AREP Management corporate budget, including reforecasts and ad hoc analysis.
• Prepare and administer capital calls and distributions from AREP Management.
• Review and interpret partnership, JV, and loan agreements for accounting treatment.
• Serve as a key point of contact for external auditors and tax preparers.
• Evaluate and improve internal controls and processes with supervision.
• Oversee accounts payable and accounts receivable for AREP Management and perform monthly reconciliations.
• Collaborate with acquisitions, asset management, development and operations to ensure accurate financial data.

Skills

Real estate accounting

Leadership

Internal controls

Yardi

Advanced Excel

Stakeholder management

Communication

Education

Bachelor's degree in Accounting

Tools

Yardi

Excel

Job description

Headquartered in the Greater Washington area, American Real Estate Partners (AREP) is a US-based leading institutional fund manager and real estate partner with over $13 billion deployed across key U.S. markets. Specializing in data center, residential, industrial, and office assets, AREP has acquired more than 34 million square feet of Class A real estate and currently manages over 25 million square feet.

PowerHouse Data Centers, a wholly owned division of AREP, is a developer and owner of next-generation data centers and provides technical real estate solutions for hyperscalers across the country. Backed by strategic joint venture partnerships, PowerHouse leverages its proven leadership and best-in-class technical expertise to deliver innovative real estate solutions.

POSITION SUMMARY

The Corporate Controller oversees all aspects of the accounting and financial reporting for American Real Estate Partners Management (“AREP Management”), the corporate operating company that provides asset management, development management, property management, engineering and accounting services to a portfolio of real estate funds and joint ventures. This position will be responsible for the day-to-day accounting, financial reporting, budgeting/forecasting, and audit and tax preparation.

The Corporate Controller should have demonstrated experience working within a fast-paced operating company booking complex transactions, establishing accounting practices, and ensuring that financial data is consistent, accurate, and timely. This position partners closely with acquisitions, asset management, development, and operations.

The Corporate Controller reports to the Vice President, Accounting & Financial Reporting and has an in-office schedule based in McLean, VA.

Primary Responsibilities

• Prepare monthly, quarterly and annual financial reports for management, investors, lenders, and all other respective users timely and in accordance with governing documents and applicable accounting standards.
• Own and maintain the AREP Management corporate budget, including periodic reforecasts and other ad hoc analysis as requested by management.
• Prepare and administer capital calls and distributions from AREP Management.
• Review and interpret legal agreements, including partnership and joint venture agreements, purchase and sale agreements, loan agreements, to determine appropriate accounting treatment.
• Serve as a key point of contact for external auditors, tax preparers, and other external partners.
• Evaluate existing internal controls and processes, implement changes as appropriate in collaboration with supervisor.
• Oversee accounts payable and accounts receivable related to AREP Management and perform monthly bank reconciliations.
• Partner with acquisitions, asset management, development and all other departments to ensure accurate financial data is reported by AREP Management.

Key Qualifications and Skills

• Bachelor’s degree in Accounting, Finance, or related field, or additional relevant experience in lieu of degree.
• 10+ years of progressive experience overseeing the accounting for a real estate services/operating company.
• Demonstrated technical accounting expertise around real estate, including analyzing legal documents, preparing waterfall calculations, etc.
• Experience working on complex real estate development transactions with multiple stakeholders and capital sources.
• Strong understanding of internal controls and accounting process design.
• Proficiency in real estate accounting systems (e.g., Yardi) and advanced Excel skills.
• Strong interpersonal and communication skills, with the ability to influence and build relationships across functions.
• Strategic thinking and strong technical accounting acumen.
• High attention to detail and commitment to accuracy.
• Leadership, team development, and organizational influence.
• Strong judgment in complex and ambiguous situations.
• Effective communication and stakeholder management.
• Ability to operate in a fast-paced, transaction-driven environment.

AREP is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or ancestry, physical or mental disability, as well as any other category protected by applicable federal, state, or local laws.

If you require special accommodation, please email [e-mail].

AREP does not accept unsolicited resumes or identifiable candidate information from third-party recruiters. Any unsolicited information will not be considered for engagement purposes.