assistant controller

Growing Commercial/Residential Real Estate company is looking for a young and talented Assistant Controller.

Responsibilities

Supervise and train senior property accountants; Review monthly GL close and internal/external reporting ensuring all financial reports are prepared accurately and on a timely basis; Review property cash flow - coordinate both distributions to partners and/or capital calls issued to partners as needed; Review year-end CAM escalations, real estate tax escalations and other recovery calculations; Assist with creating financial models for the acquisition, development and divestiture of institutional sized real estate transactions; Interface with independent auditors and tax preparers in the preparation of annual audits and tax returns for multi-tier partnership structures; Review and analyze property operating budgets for timely distribution to senior management, partners and /or lenders; Review complex joint venture agreements and prepare abstracts related to capital distributions/capital calls and allocation on profit and loss both for tax and GAAP; Review loan agreements and oversee compliance with payment terms and debt covenants; Review construction draw requests and interface with respective lenders and institutional investors; Review construction budgets for development and tenant improvement projects and analyze actual to budget variances. Review and estimated costs to complete the construction projects on a monthly basis.; Ensure compliance with cost control procedures for purchasing goods and services; Special projects as needed

Requirements

A bachelors degree in accounting with a minimum of 7-10 years of progressive accounting experience; Real estate industry experience preferred; 5 years supervisory experience; The ability to work efficiently and effectively to meet deadlines and work with multiple departments/managers and assignments simultaneously; Excellent analytical, communication and interpersonal skills