Property & Fund Controller

Hackman Capital Partners, LLC; Culver City (CA); On-site; USD 160,000 - 180,000; Full time

Benefits offered by this job

On-site valet parking

Catered lunch on-site

Fully stocked pantry

Team-building activities

Medical benefits paid by employer

Dependent coverage

401(k) program

Dog-friendly office

Generous paid holidays

Job summary

Hackman Capital Partners, LLC is seeking a Controller to own accounting, administration, and reporting for multiple properties. This role will mentor staff and streamline processes while maintaining strong internal controls and financial analyses.

The successful candidate will manage month-end close, annual audits, budgeting, and investor reporting, and will interpret complex deal documents and CAM reconciliations in a fast-paced environment.

Qualifications

• 7-10 years of progressive accounting experience with a minimum of 3 years in property and fund accounting.
• Bachelor's degree in Accounting or Finance; CPA is a plus.
• 3+ years managing accounting staff.
• Experience with MRI, Yardi, Kardin or equivalent accounting and budgeting/forecasting software.
• Well versed in PC based financial application systems and advanced Excel (models, VLOOKUP, macros).
• Intermediate understanding of financial modeling and concepts (yields, DCF, cap rates, IRRs).
• Strong problem-solving and analytical skills; ability to work independently in a fast-paced environment.
• Superior written and verbal communication skills.

Responsibilities

• Manage day-to-day accounting matters and month-end close process.
• Manage the annual audit process with external auditors and internal teams.
• Coordinate annual budget preparation with Accounting and Asset Management; monitor results and forecasts.
• Review financial statements and footnotes.
• Develop and review monthly and quarterly reporting and cash projections.
• Improve processes for timing of monthly close.
• Perform analytical review of monthly operating results and accounting workbooks.
• Review deal documents (partnership agreements, JV operating agreements, loan agreements).
• Facilitate K-1 preparation with tax advisor.
• High-level review of CAM reconciliations.
• Maintain technical accounting compliance with auditors and tax advisors.
• Support operating departments with timely financial information.
• Manage investor reporting and reviews.
• Establish and maintain systems and controls preserving data integrity.

Skills

Accounting

Management

Financial modeling

Analytical thinking

Communication

Independent work

Education

Bachelor's degree in Accounting or Finance

CPA (plus)

Tools

MRI

Yardi

Kardin

Excel

Job description

The Controller will work closely with all members of the accounting department. This individual will have ownership of the accounting, administration, and reporting of multiple properties. This includes maintaining general accounting practices, internal controls, financial analyses and reporting. They will mentor and provide hands-on training to members of accounting, as well as enhance and streamline processes.

RESPONSIBILITIES:

§ Manage day-to-day accounting matters and month-end close process

§ Manage the annual audit process for all applicable entities, including coordination with external auditors and internal teams

§ Coordinate the preparation of the annual budget with Accounting and Asset Management, monitor operating results and ensure that forecasts are up-to-date; provide ad hoc reporting to management

§ Review of financial statements and footnotes

§ Develop and review monthly and quarterly reporting and cash projections

§ Improve processes for timing of monthly close

§ Perform an analytical review of monthly operating results and accounting workbooks

§ Review and understand deal documents, including partnership agreements, joint venture operating agreements and loan agreements

§ Facilitate K-1 preparation with tax advisor

§ High-level review of CAM reconciliations

§ Maintain technical accounting compliance, including consultation with external auditors and tax advisors on complex accounting and tax issues as necessary

§ Support operating departments with timely financial information

§ Manage investor reporting and reviews

§ Establish and maintain systems and controls that verify the integrity of all processes and data, while enhancing the company's value

§ Participate in a wide variety of special projects and reports

§ Mentor and train members of accounting

§ Other duties, responsibilities and activities may change or be assigned at any time with or without notice

SUMMARY:

The Controller will work closely with all members of the accounting department. This individual will have ownership of the accounting, administration, and reporting of multiple properties. This includes maintaining general accounting practices, internal controls, financial analyses and reporting. They will mentor and provide hands-on training to members of accounting, as well as enhance and streamline processes.

RESPONSIBILITIES:

§ Manage day-to-day accounting matters and month-end close process

§ Manage the annual audit process for all applicable entities, including coordination with external auditors and internal teams

§ Coordinate the preparation of the annual budget with Accounting and Asset Management, monitor operating results and ensure that forecasts are up-to-date; provide ad hoc reporting to management

§ Review of financial statements and footnotes

§ Develop and review monthly and quarterly reporting and cash projections

§ Improve processes for timing of monthly close

§ Perform an analytical review of monthly operating results and accounting workbooks

§ Review and understand deal documents, including partnership agreements, joint venture operating agreements and loan agreements

§ Facilitate K-1 preparation with tax advisor

§ High-level review of CAM reconciliations

§ Maintain technical accounting compliance, including consultation with external auditors and tax advisors on complex accounting and tax issues as necessary

§ Support operating departments with timely financial information

§ Manage investor reporting and reviews

§ Establish and maintain systems and controls that verify the integrity of all processes and data, while enhancing the company's value

§ Participate in a wide variety of special projects and reports

§ Mentor and train members of accounting

§ Other duties, responsibilities and activities may change or be assigned at any time with or without notice

Requirements

§ 7-10 years of progressive accounting experience with a minimum of 3 years in property and fund accounting

§ Bachelor's degree in Accounting or Finance, CPA is a plus

§ 3+ years managing accounting staff

§ Experience with, at minimum, $500 million AUM

§ Working knowledge of construction accounting and job cost

§ Experience with MRI, Yardi, Kardin or equivalent accounting and budgeting/forecasting software

§ Well versed in PC based financial application systems and databases with advanced knowledge of Excel (building models, templates, VLOOKUP, macros/pivot tables)

§ Intermediate understanding of financial modeling and concepts, including yields, DCF, cap rates, IRRs, etc.

§ Ability to work independently in a face-paced, high growth environment

§ Strong problem-solving and analytical skills

§ Able to multi-task, prioritize, and manage deadlines

§ Superior written and verbal communication skills

Salary: $160-180k commensurate on experience, plus bonus

Benefits

• Complimentary on-site valet parking
• Catered lunch provided on-site three times per week
• Fully stocked pantry featuring healthy snacks and beverages
• Regular team-building activities and social events
• 100% employer-paid medical benefits for employees
• Comprehensive dependent coverage
• Competitive 401(k) program
• Dog-friendly office environment
• Generous paid holiday schedule