Controller

Published March 18th, 2024

Position and Responsibilities
-Direct the efforts of the Recoveries team members and manage the reconciliation process.
-Review and assist preparers in tenant reconciliation for common area maintenance, insurance, and real estate taxes
-Insure setup for all recovery calculations in accordance with lease terms, other legal documents, and historical information
-Partner with Asset Management and Property Management teams to resolve tenant billing disputes, document any changes, and update recovery setup as needed
-Manage tenant information requests and/or audit requests per the terms of the applicable lease(s)
-Review property operating expenses for proper GL and CAM pool coding and other GL account reconciliations, as assigned
-Review semi-annual and annual property tax billings and related tenant adjustments for accuracy; approve tenant billings
-Partner with Property Management and Asset Management teams to assist with the annual property level budgeting process.
-Oversee budget setups and related calculations in MRI system of record and other systems as needed.
-Oversee accounting team efforts in budgeting and forecasting.
-Month-end/year-end close management, including:
-Manage staff to execute and deliver timely  updates quarterly in line with financial reporting timelines
-Communicate status of month-end and year-end close
-Review of balance sheet reconciliations, including such areas as:
-Equity (Common Stock, Distributions, Redemptions, Restricted Stock, etc.)
-Review of all financial statements (including cash flows) and corresponding support

Other Projects/Responsibilities:
Lead process improvement efforts
Review and interpret lease language as requested by Asset 
Perform rent roll reviews at all locations and verify completeness and accuracy
Potential pro forma work:
Impact of significant acquisitions on financials
Impact of borrowing base additions on covenants
Research property accounting issues; prepare memos as needed

Qualifications and Skills
Bachelor’s degree in Accounting or Finance, CPA strongly preferred
Advanced degree in Accounting or Finance, MBA strongly preferred
Minimum 8-10+ years of commercial multi-tenant real estate industry with fund experience
Experience working in a SOX, public company environment
Advanced proficiency in Excel strong familiarity with database and other management information tools and applications
Relevant ERP experience, MRI or Yardi preferred
Ability to work in a fast-paced environment and overtime as needed
Superior written and verbal communication skills

 

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