Controller
January 6, 2025Accounting and Audit Prep Support
January 7, 20259970 Job Description – Hybrid
The Property Accountant will report to the Accounting Manager and work closely with other investment team members with respect to the financial, accounting, and tax compliance operations of the development properties.
POSITION ESSENTIAL FUNCTIONS:
- Prepare and maintain financial records for multiple development properties, including general ledger review, monthly journal entries, balance sheet reconciliations.
- Prepare monthly development draws including gathering invoices and applicable lien waivers, recording and submitting monthly packages for funding, and ensuring the payment of all applicable vendors.
- Facilitate and monitor the annual audit to ensure accuracy and compliance with financial regulations.
- Review and abstract joint venture, development, and loan agreements to understand projects and their respective requirements.
- Review and/or prepare bank reconciliations each month for all bank accounts assigned.
- Provide support during property acquisitions and sales, including preparing the acquisition and disposition entries for project sales.
- Collaborate with the development team to ensure the completeness and accuracy of financial records and transactions.
- Communicate effectively with clients, external auditors, tax preparers, and team members, as required.
- Submit timely monthly financial packages to the Accounting Manager and Developer.
- Perform various ad hoc tasks and projects as assigned.
POSITION REQUIREMENTS:
- Due to the core functions of this role, a consistent, in-office presence for this role must be sustained.
- Bachelor’s degree required, preferably in finance or accounting.
- Minimum 2-5 years of relevant accounting experience, preferably in real estate or public accounting.
- CPA or significant progress towards CPA is a plus.
- Applicable experience in real estate accounting software, preferably with MRI and/or Yardi.
- Experience recording journal entries and managing a general ledger.
- Knowledge of current accounting methods (cash and basic accruals) along with the ability to apply Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), as applicable.
- Advanced proficiency with Microsoft Word, Excel and Adobe.
- Substantial quantitative and analytical skills
- Excellent verbal and written communication skills.
- Comfortable working in a small, team-oriented environment and with minimal supervision.
- Strong work ethic and attention to detail.
- Highly organized, able to manage large amounts of written and electronic data.
- Motivated and willing to work overtime as needed.
- Salary will be commensurate with experience and education.