Controller

Our SelectLeaders' client is a full service real estate solutions firm dedicated to leading the process of achieving customer, investor, employee and community goals by creatively providing professional, results-oriented real estate solutions. Their core services include: development, project management, advisory services and acquisitions.

They are looking to add a Controller to their team. The Controller position requires frequent and proactive interaction and effective communication with various internal clients, including accounting and finance personnel, property management team, asset management, construction
and development project personnel.

Additionally, the role may include interaction with external clients such as banking representatives, public accounting firm representatives, vendors, building owners, and other stakeholders associated with accounting duties for the organization. This position reports to the Vice President of
Company Finance & Treasurer.

Financial Reporting & Other Duties: :
• Property and Project Accounting –
• Understand property accounting processes and streamline operations to improve staff efficiency, supporting accounting functions and financial statement preparation for assigned properties in the portfolio.
• Develop proficiency in the construction draw process, including the use of MRI property accounting software to prepare and support construction draw submissions.
• Prepare periodic and annual fixed asset update and cost segregation study workpapers that are provided to public accounting firm.
• Participate in knowledge sharing and documentation of standard procedures utilizing MRI software.
• Corporate Accounting –
• Perform monthly billing functions, including reimbursable billing, fee and commission billing.
• Maintain and prepare income tracking on various development projects.
• Preparation of monthly company financial statement package.
• Utilize knowledge of current and future projects to assist, as requested, in the routine update of company income projection and cash flow assumptions.
• Assist in quarterly tax planning process for the company, as requested, utilizing financial data from owned portfolio.
• Assist with Company budgeting process.
• Investment Management –
• Financial reporting for ownership and entities utilizing MRI.
• Maintain and track income and losses from investments that utilize the equity method of accounting.
• Assist with processing/file upload and verification of monthly, quarterly and/or other periodic distributions to investors.
• Assist with analyzing investment level cash flow projections and any other ad hoc financing requests as appropriate.
• Other –
• Assist with treasury management functions for various property and company banking relationships.
• Participate in departmental and other project or company meetings.
• Proactively seek and participate in additional projects and responsibilities as appropriate.
• YEAR END PROCESSES & REPORTING:
• Prepare and/or internally review year-end property financial statement packages for tax return preparation.
• Assist in reviewing draft tax returns from accounting firms before finalization.
• Prepare and internally review year-end property CAM reconciliations, as applicable.
• Participate in verification and review of annual property budgets.
• Engage in all year-end accounting activities as required.

Qualifications: :
• BS/BA degree in Accounting or Finance / CPA preferred
• Minimum of 5 years of work experience in accounting or finance. A background in real estate is highly desired.
• Proficiency with software systems, including Microsoft Office, Yardi, MRI, Angus and QuickBooks. The ability to learn new software systems quickly and proactively is essential. Experience with MRI and Yardi is strongly preferred but not required.
• Strong attention to detail and ability to meet deadlines.
• Exceptional communication skills.
• Critical thinking skills
• Knowledge of GAAP / Financial Reporting Framework for SME’s as it relates to the real estate industry.
• Ability and desire to conduct research on various matters when necessary.
• Position is on-site five days a week.