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