Controller

Controller

This is a hybrid role (3 days in-office). 

Compensation: $150-170k + 10-15% bonus, depending on related expertise.

The Controller will lead day-to-day accounting operations for our commercial/retail real estate portfolio, ensuring accurate and timely financial reporting, strong internal controls, and compliance with income tax-basis accounting standards and lender/investor requirements.

This role partners closely with the CFO on financial strategy while managing a team of two Senior Accountants and owning the monthly close, property-level reporting, and compliance processes.

Key Responsibilities
Financial Reporting & Close

• Own the monthly, quarterly, and annual close process across the property portfolio and corporate entities
• Prepare consolidated financial statements, property-level P&Ls, and variance analyses for the CFO and ownership/investors
• Ensure accurate accounting for CAM reconciliations, tenant billings, depreciation, and capital expenditures on an income tax basis
• Review and approve journal entries, account reconciliations, and balance sheet schedules prepared by the team

Team Leadership

• Manage, mentor, and develop two Senior Accountants, including workload allocation, performance reviews, and professional growth
• Establish and document accounting procedures and review checklists to ensure consistency across properties
• Serve as the escalation point for complex accounting issues raised by the team

Controls & Compliance

• Maintain and strengthen internal controls over financial reporting across the portfolio
• Serve as primary liaison for tax preparers and lender reporting requirements
• Ensure compliance with loan covenants, partnership agreements, and investor reporting obligations
• Oversee property tax, insurance, and 1099 reporting processes

Process & Systems

• Identify and implement process improvements and automation opportunities within the accounting function
• Own the chart of accounts and property accounting system administration (e.g., Yardi, MRI, or similar)
• Support budgeting, forecasting, and cash management in partnership with the CFO

Business Partnership

• Provide the CFO with financial analysis and ad hoc reporting to support acquisition due diligence, refinancing, and dispositions
• Collaborate with property management and asset management teams on operational and financial questions

Qualifications

• BS/BS in Accounting or Finance
• CPA preferred
• 7+ years of progressive accounting experience required
• 2+ years in a supervisory/management role required
• Commercial real estate accounting experience required (CAM reconciliations, multi-entity/property consolidations, income tax-basis reporting) required
• Knowledge of income tax-basis accounting principles as applied to real estate is preferred
• Proficiency with property accounting software (Yardi, MRI, AppFolio, or similar) and advanced Excel skills are preferred
• Experience managing lender and investor reporting cycles preferred
• Strong organizational skills, attention to detail, and ability to manage multiple deadlines across a portfolio of properties are required
• Excellent communication skills and demonstrated ability to lead and develop a team are required

IND4