Hybrid Portfolio Controller – Real Estate & Development

American Real Estate Partners (AREP); Tysons (VA); Hybrid; USD 170,000 - 250,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k) with employer match

Paid Time Off

Parental Leave

Job summary

American Real Estate Partners (AREP) is seeking a Portfolio Controller to lead accounting and financial reporting for a real estate investment portfolio, including development projects. You will manage a 2-3 person accounting team and coordinate with acquisitions, asset management, construction, and operations.

This role is HQ-based in McLean, VA with a hybrid schedule: four days in-office and one day remote, overseeing complex transactions and ensuring timely, accurate reporting to auditors and

Qualifications

• Bachelor's degree in Accounting, Finance, or related field, or additional relevant experience in lieu of degree.
• 10+ years of progressive accounting experience with significant exposure to real estate development and investment accounting.
• Demonstrated experience in development accounting across the full lifecycle of projects.
• Strong expertise in joint venture accounting, including complex partnership structures and waterfall calculations.
• Experience working on complex real estate development transactions with multiple stakeholders and capital sources.
• Strong understanding of internal controls and accounting process design.
• Proven experience in a leadership role with responsibility for managing and developing accounting teams.
• Proficiency in real estate accounting systems (e.g., Yardi) and advanced Excel skills.
• Candidates with experience within the data center or digital infrastructure sector are strongly encouraged to apply.

Responsibilities

• Provide technical guidance on complex real estate transactions, joint ventures, and investment structures.
• Review and interpret joint venture, purchase and sale, loan, and construction agreements for accounting treatment.
• Ensure monthly/quarterly/annual financial and development reporting, audit, and tax compliance.
• Lead development funding requests to lenders and JV partners.
• Establish and enforce internal controls over accounting processes and close procedures.
• Collaborate with acquisitions, asset management and construction teams for accurate data.
• Oversee accounting integration for new assets and dispositions of sold assets.
• Ensure compliance with GAAP, Fair Value, and tax accounting for real estate/investment entities.
• Drive process improvements and standardize development accounting workflows.
• Lead and develop a team of accounting professionals; manage performance.
• Serve as point of contact for auditors, investors, and external partners.

Skills

Leadership

Analytical thinking

Communication

Cross-functional collaboration

Financial reporting

Education

Bachelor's degree in Accounting/Finance

Tools

Yardi

Excel

Job description

American Real Estate Partners (AREP) is seeking a Portfolio Controller to lead accounting and financial reporting for a real estate investment portfolio, including development projects. You will manage a 2-3 person accounting team and coordinate with acquisitions, asset management, construction, and operations.

This role is HQ-based in McLean, VA with a hybrid schedule: four days in-office and one day remote, overseeing complex transactions and ensuring timely, accurate reporting to auditors and