Finance & Accounting

Controller – Real Estate

$150K/yr - $175K/yr + Bonus
New York, NY (On-Site)
Full Time

Our client, a well established and highly reputable owner/manager of residential and mixed-use properties in New York City, is seeking a Controller. 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 accounting staff of 6
  • Perform monthly closing of books and records including overseeing reconciliation of operating and tenant security bank accounts.
  • 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 RPIE’s 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
  • 5+ years of professional experience
  • CPA preferred
  • Extensive knowledge of Yardi software
  • Prior supervisory experience required
  • Proficient working knowledge of MS Excel