Real Estate Financial Controller

Full-time • Remote (Scottsdale, AZ, US) • 1w ago

Why Work With 52TEN?

At 52TEN, we lead with culture because it's one of the most defining aspects of our team. We believe work should complement your life, not dominate it. As a fully remote company, we offer you the freedom, flexibility, and autonomy to excel in your career while making more time for what matters most to you.

What Makes 52TEN Different?

The Best Experience– We don’t just focus on delivering exceptional experiences for our residents, investors, and vendors—we believe it starts within our team. At 52TEN, we strive forexcellence in every interaction, celebrating wins, offering support, and ensuringeveryone feels valued
True Remote Work Perks– Say goodbye to commutes and micromanagement. At 52TEN, you have thefreedom to take ownership over your scheduleand the ability todo your best work from anywhere
A Seat at the Table– This is more than just a finance job. As Financial Controller, you’ll be part of our leadership team with direct influence on strategic decisions and company direction. This means leadership team perks too
Unlimited PTO (That You’re Encouraged to Take)– We work hard, but we also believe inbalance and recovery.Our unlimited PTO policy is designed to help you recharge so you can bring your best self to work
A World-Class Team– We build a team of high-performing, growth-minded individuals who genuinely care about lifting each other up. Every day is an opportunity to grow together, share knowledge, and push for excellence. Our culture of support ensures that you’re always surrounded by top-tier talent with a shared vision

About the Company:

52TEN is a fast-growing private investment firm, based in Scottsdale, Arizona, specializing in the acquisition and repositioning of manufactured housing communities. As one of the Top 100 community owners in America, 52TEN is recognized for its innovative approach and its commitment to delivering exceptional experiences to investors, residents, and vendors.

$130M in assets under management
5 funds with over $55M in private capital placed
Proven strategies for raising capital and executing acquisitions
Positioned to double our portfolio size in the next 2 years

Position Mission:

The new Finance Controller’s mission is to own the month and year-end close with 30+ sets of books to GAAP standards and 100% accuracy. They will execute investor distributions and payroll with 100% accuracy. Drive efficiency, compliance, and team growth. Onboard properties, forecast cash flow (±5%), lead the EOS process, and be an incredible leadership team member.

Key Role Outcomes:

Month End Close: Oversee, delegate, and complete the month-end close process within 10 business days, ensuring 100% financial accuracy and compliance with GAAP. Currently managing 22 sets of books
Year End Close: Submit financial information to CPA (by Jan 15 for property-level entities, Feb 1 for fund-level entities) and ensure all firm taxes and 300 investor K1s are completed by March 15
Financial Operations & Efficiency: Improve AP, AR, month-end close, and reconciliations to ensure scalable, repeatable, and audit-ready processes
Quarterly Investor Distributions: Complete quarterly distributions with Red Cedar within the outlined deadlines (Q1-Q3: 31 days after quarter-end, Q4: 15 days after quarter-end) with 100% accuracy
Team Development: Provide at least 5 hours of training and development per month to enhance team knowledge and skills
Internal Controls: Set and monitor controls to ensure financial accuracy, reliability, integrity, and 0% fraud companywide
Department Efficiency Improvement: Continuously improve accounting operations, focusing on accuracy, cost, and compliance
- Efficiency Example: Reduce Q2 AP invoice processing time by 10%
- Accuracy Example: Improve financial accuracy to 100%
Onboarding New Properties (4-8 parks per year): Complete all opening entries, cost segregation studies, entity/software setups, utilities, property taxes, and compliance within 3 weeks of COE
Collaboration with CFO: Forecast cash flow and finalize annual budgets by 11/15, ensuring weekly cash flow forecasting accuracy within a 5% variance
Developing/Leading Strategy: Implement EOS at the finance team level (annual/quarterly/weekly), articulate finance strategies to leadership, and set team scorecards/goals
Payroll: Ensure biweekly payroll is processed on time with 100% accuracy, meeting state compliance, inter-company reimbursement, and adjustment confirmations

Key Responsibilities:

Accounting and Financial Management:
Oversee all daily accounting operations, including accounts payable/receivable, general ledger, and bank reconciliations
Individual property accounting, accounts receivables, tenant ledger maintenance, and property-related expenses
Maintain accurate and timely financial reporting in compliance with GAAP
Prepare and analyze monthly, quarterly, and annual financial statements
Oversee quarterly distributions
Collaborate and oversee finance team’s processes for acquisitions and dispositions
Assist with the management of property assets
Budgeting:
- Manage budgets in collaboration with department heads and property managers
- Monitor financial performance, identify variances, and recommend corrective actions.
Cash Flow and Treasury Management:
- Manage cash flow to ensure adequate funding for operations and investments.
Compliance and Internal Controls:
- Ensure compliance with all financial regulations, including tax filings and audits
- Develop, implement, and monitor internal controls to safeguard company assets
- Liaise with external auditors, tax professionals, and regulatory agencies.
Team Leadership and Development:
- Lead and mentor the accounting team, providing training and professional development opportunities
- Foster a collaborative and high-performance culture within the finance department
System and Process Optimization:
- Evaluate and enhance accounting systems, tools, and workflows to improve efficiency
- Oversee integration of property management and accounting systems

Qualifications:

Bachelor’s degree in Accounting, Finance, or a related field
10+ years of progressive experience in accounting or financial management within property management or real estate
Strong knowledge of GAAP and financial reporting standards
Proficiency with property management accounting software, preferably Rent Manager
Advanced skills in Microsoft Excel and other financial analysis tools
Exceptional attention to detail, analytical skills, and problem-solving abilities
Strong communication and interpersonal skills with the ability to collaborate across departments
Experience managing and mentoring accounting teams
Property management and real estate background is a MUST

Preferred Qualifications:

Familiarity with real estate transactions, leases, and property-level financials
Experience with corporate apartments or manufactured housing
Experience in process improvement and system integrations
Knowledge of tax regulations related to real estate and property management

Why work at 52TEN?

52TEN is a fast-paced company with a strong team culture. Members have unique roles and responsivities, but the firm’s culture fosters working together to ensure the team’s collective goals are achieved. Our 3 Unique’s: