Assistant Controller – Commercial Real Estate
Under the direction of the Controller, the Assistant Controller is responsible for overseeing daily Accounts Receivable and Accounts Payable operations of the Accounting team and supporting ancillary Accounting and Finance functions.
Responsibilities :
- Supervise the Accounts Payable and Accounts Receivable functions
- Oversee property tax payments and the tax protest process with county assessor
- Prepare monthly bank reconciliations
- Prepare and analyze financial statements for properties, including income statements, balance sheets, and cash flow statements
- Coordinate month-end and year-end close processes, including journal entries, accruals, and reconciliations
- Coordinate with Controller and FP&A for annual budget process
- Review and approve invoices, initiate payments, and manage tenant billings in accordance with lease agreements
- Monitor tenant accounts receivable aging and follow up on overdue payments in coordination with
- Responsible for posting and verifying information related to monthly mortgage payments, updating loan amortization schedules and escrow balances, posting journal entries and recording in checkbook
- Complete monthly recurring journal entries
- Calculate and record escrow interest and monthly accruals for insurance and taxes
- Assist AR Specialist with preparation of tenant statements for estimated Common Area Maintenance charges and taxes
- Cash management and treasury functions
- Manage preparation of bimonthly cash report
- Manage opening and closures of accounts as necessary, managing KYC process, and communication with counterparts at banks
Qualifications :
- Bachelor’s degree in Accounting, Finance, or a related field
- Minimum of 3-5 years of Real Estate Accounting experience, Commercial experience is preferred
- Strong communication skills, both verbal and written
- Strong attention to detail and organizational skills
- Proficiency in Excel, Word, and Outlook
- Proficiency in Yardi is a plus
Assistant Controller - Commercial Real Estate
Assistant Controller – Commercial Real Estate. Under the direction of the Controller, the Assistant Controller is responsible for overseeing daily Accounts Receivable and Accounts Payable operations of the Accounting team and supporting ancillary Accounting and Finance functions. Minimum of 3-5...
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