Controller - Commercial Real Estate
Controller – Commercial Real Estate role based in Los Angeles, CA (in-person).
About the role
A premier real estate investment and management firm is seeking an experienced, tech-savvy Real Estate Controller to direct all core financial, accounting, and compliance operations for a commercial property portfolio. This position manages day-to-day accounting functions, reporting, treasury management, and team oversight while contributing to financial planning and system efficiencies.
This is an exciting opportunity to join a fast-paced, innovative team where your expertise will oversee financial operations, manage budgets, and ensure the financial health of a growing real estate portfolio. The role is ideal for a seasoned professional with a robust understanding of commercial real estate, retail, and shopping center financial operations, including NNN leases, draw loans, bridge loans, and cash flow management.
Responsibilities
- Oversee all financial operations related to the commercial real estate portfolio, including retail and shopping centers.
- Ensure accurate and timely financial reporting, budgeting, and forecasting.
- Manage NNN leases, draw loans, and bridge loans.
- Oversee cash flow management and ensure the financial health of the portfolio.
- Prepare and review tax documentation to guarantee compliance with local, state, and federal regulations.
- Collaborate with executive leadership to develop and implement strategic financial plans.
- Use MRI software to analyze financial data and make informed decisions.
- Monitor financial performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances.
- Coordinate with external auditors and manage internal controls.
- Lead and mentor a team of financial professionals, fostering a culture of continuous learning and improvement.
Requirements
- Bachelor's degree in Accounting, Finance, or related field. Advanced degree or CPA certification is preferred.
- Minimum of 5 years of experience in a financial leadership role within the commercial real estate industry.
- Proficient knowledge of NNN leases, draw loans, bridge loans, and cash flow management.
- Extensive experience with MRI software (or similar real estate accounting systems like Yardi).
- Solid understanding of tax documentation and compliance in the commercial real estate sector.
- Proven leadership skills with a track record of developing and leading high-performing teams.
- Excellent analytical, strategic planning, and problem-solving skills.
- Exceptional communication and presentation skills.
- Ability to work in a fast-paced environment and manage multiple projects simultaneously.
- Strong knowledge of financial regulations and legislation.
Benefits
- Health, dental, and vision insurance
- 401k retirement plan
- Paid time off (PTO)
Pay
$100,000 – $150,000 per year