Controller ( Real Estate)

About the role

Our client, in the real estate space, is currently seeking to add a Controller. This role will report to the owner and manage a small in-office staff. The position will be very hands-on with minimal delegation of responsibilities required.

Responsibilities

• Oversee and implement all accounting and reporting operations and financial management functions including audits of annual budgets and CAM reconciliations.
• Monitor monthly budgets to review individual project cash flows.
• Lead in the development and maintenance of the company’s policies and implement procedures to minimize risk and increase efficiency.
• Lead investor relations including investor communications, distributions, and capital calls.
• Complete complex 1031 exchange analysis for investors and internal stakeholders.
• Correspond with company’s lenders and monitor debt covenants for the portfolio as well as preparation and review of quarterly bank covenant compliance documentation.
• Prepare semi-annual property value reforecasts.
• Assist with asset management including sales, refinances, property insurance, cash flow, and scenario analysis.
• Lead the company’s risk management/insurance book including all property insurance and corporate-level insurance, including annual portfolio insurance renewals and ensuring new properties are properly insured.
• Handle yearly tax responsibilities.

Qualifications

• Bachelor’s Degree in Accounting or Finance
• CPA ideally
• Public Accounting experience—ideally with real estate clients
• Commercial Real Estate expertise

Benefits

CO offers top-tier benefits and bonus structure.