Property Controller

Our client is a real estate firm. They seek a Property Controller to join their Manhattan, NY office.

Responsibilities

• Lead the monthly, quarterly, and annual close process for a portfolio of commercial real estate assets


• Oversee general ledger activity, financial reporting, consolidations, and workpaper preparation while reviewing third-party property management reporting


• Prepare journal entries, account reconciliations, and financial analyses in accordance with GAAP and IFRS


• Analyze portfolio operating results, property performance, and financial metrics while presenting findings to management and stakeholders


• Review accounting activity related to acquisitions, dispositions, refinancings, intercompany transactions, management fees, and capital activity


• Partner with Asset Management and Property Management teams to support budgeting, forecasting, variance analysis, and operating performance reviews


• Manage property accounting activities, including fixed assets, tenant billings, AP/AR oversight, bank reconciliations, and outsourced accounting functions


• Monitor cash management activities, including cash forecasting, funding requests, wire transfers, and capital expenditure planning


• Coordinate lender reporting, covenant compliance, financing transactions, and due diligence requests across debt facilities


• Develop financial reporting tools, improve accounting processes, and support system enhancements using Yardi, Excel, and other financial reporting platforms

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field required


• 8+ years of real estate accounting experience


• Commercial property experience preferred


• Strong knowledge of GAAP, financial reporting, consolidations, and month-end close processes


• Experience with property accounting, budgeting, forecasting, cash management, and lender reporting


• Strong understanding of commercial real estate operations, lease accounting, and property financial analysis


• Yardi experience preferred

JobID: 48523