Controller - Real Estate

Our client, a well-established and highly reputable owner/manager of commercial and multifamily properties in New York City, is seeking a Controller to oversee a team of 5. This company is stable, has a great work environment, and will offer a generous comp package.

Responsibilities

Maintain and administer internal controls for the property management company’s accounting department.

Supervise and mentor 4 Senior Property Accountants and a Lease Administrator

Perform monthly closing of books and records including overseeing reconciliation of operating and tenant security bank accounts.

Review all CAM reconciliations

Analyze and reconcile ledger accounts for portfolio.

Work closely with asset management in creating cashflow projections.

Administer and record debt service payments.

Monitor and record payment of property taxes.

Analyze and record activity of mortgage escrows and reserve accounts.

Record year-end journal entries and compile audit and tax workpapers to facilitate preparation of audited financial statements and tax returns

Facilitate various property tax compliance matters (filings for annual certiorari applications, NYC RPIEs forms, and tax petitions)

Participate in the preparation of annual operating budgets

Prepare interim operating statements for partner and mortgagee reporting

Requirements

Bachelor’s degree in Accounting or a related field

8+ years of professional experience

CPA preferred

Proficiency in Yardi, MRI or a similar software

Prior supervisory experience required

Proficient working knowledge of MS Excel