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Property Controller

abacus groupNew York, NYSenior L5
Accountants and AuditorsProperty, Real Estate, and Community Association ManagersTreasurers and Controllers
Nonresidential Property ManagersResidential Property ManagersOther Activities Related to Real Estate
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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 IFRSAnalyze 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

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Level

Senior L5

Location

New York, NY

Occupation

Accountants and Auditors

Industry

Nonresidential Property Managers

Posted

10 days ago

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