Real Estate Controller | NYC Multifamily Portfolio

Cobalt Recruitment; New York (NY); On-site; USD 150,000 - 230,000; Full time

Job summary

Cobalt Recruitment seeks an experienced Controller to lead property accounting and financial reporting for a growing NYC multifamily portfolio. The role is hands-on and requires managing a distributed team while strengthening controls and processes across the portfolio.

You will own the close process, oversee financial reporting, and partner with Asset Management to analyze performance and NOI drivers, leveraging Yardi and Excel for detailed analysis.

Qualifications

• 6-8+ years of progressive accounting experience in real estate.
• Strong accrual accounting and property-level financial reporting knowledge.
• Experience managing accounting teams, including remote or outsourced professionals.
• Advanced knowledge of Yardi and Microsoft Excel.
• Experience with NYC real estate reporting requirements (RPIE, Tax Commission filings).
• Solid understanding of property-level A/P, A/R, reconciliations and cash management.
• Ability to operate hands-on while overseeing the broader accounting function.

Responsibilities

• Lead monthly, quarterly, and annual close processes across multiple properties.
• Review property-level financial statements for accuracy and timeliness.
• Oversee a distributed team of property accountants, including remote/offshore members.
• Manage bank, security deposit, tax, intercompany, and balance sheet reconciliations.
• Partner with Asset Management to analyze performance, variances and NOI drivers.
• Oversee accounts payable, accounts receivable, and cash management across the portfolio.
• Coordinate annual audits, tax requirements, lender reporting, and external reporting.
• Maintain and strengthen accounting policies, internal controls, and operating procedures.
• Identify opportunities to improve and scale accounting processes as the portfolio grows.
• Utilize Yardi as the primary property accounting system and support system improvements.
• Develop and enhance financial reporting and analysis in Excel.
• Oversee NYC-specific reporting and regulatory filings (RPIE, Tax Commission).
• Review and approve property-level reporting and regulatory filings.

Skills

Real estate accounting

Team leadership

Yardi

Excel

Regulatory reporting

Financial analysis

Internal controls

Tools

Yardi

Microsoft Excel

Job description

Cobalt Recruitment seeks an experienced Controller to lead property accounting and financial reporting for a growing NYC multifamily portfolio. The role is hands-on and requires managing a distributed team while strengthening controls and processes across the portfolio.

You will own the close process, oversee financial reporting, and partner with Asset Management to analyze performance and NOI drivers, leveraging Yardi and Excel for detailed analysis.