Job Summary
We are seeking a detail-oriented and highly organized
Real Estate Property Controller to join our financial operations team in our NYC office. This role is responsible for managing all accounting functions related to a NYC based portfolio of commercial & multi-family real estate properties, including financial reporting, budgeting, and maintaining accurate records of property-related transactions. The ideal candidate will have strong analytical skills, knowledge of real estate accounting practices, and the ability to work collaboratively with property managers and senior leadership.
Responsibilities
- Prepare and maintain financial statements for assigned property portfolios, including income statements, balance sheets, and cash flow reports.
- Manage general ledger accounting and monthly closing processes.
- Reconcile bank statements and other financial accounts.
- Monitor property budgets and actual expenses; provide variance analysis.
- Assist in annual budget preparation and forecasting for each property.
- Ensure compliance with internal policies, lease agreements, and accounting standards.
- Liaise with property managers, external auditors, and other stakeholders as needed.
- Maintain and update fixed asset schedules and depreciation records.
- Assist in year-end audits, tax preparation, Opex reconciliations.
Qualifications
- Bachelor’s degree in Accounting.
- Certified Public Accountant or working towards CPA certification.
- 5-7 years of accounting experience, mix of public firm & private real estate preferred.
- Strong knowledge of accounting principles and real estate accounting practices.
- Proficiency in accounting software (e.g., Yardi, MRI, Nexus, Avid, Sage or similar systems).
- Strong Excel and technology skills.
- Attention to detail and organizational skills.
- Effective communication and interpersonal abilities.
- Experienced team leader
Compensation