Assistant Controller - Multifamily

Assistant Controller - Multifamily Omninet Capital LLC Beverly Hills, California, United States About this position

About Omninet Capital LLC

Omninet Capital is a vertically integrated private real estate investment and property management firm headquartered in Beverly Hills, California. Founded and led by its principals, the firm owns and operates a diversified portfolio of multifamily and commercial assets across the United States, with approximately 300 professionals managing the platform end-to-end — from acquisitions, capital markets, and asset management to property operations, construction, accounting, legal, and technology.

Our edge is operational. Because we underwrite, close, and operate our own assets, every member of the acquisitions team works alongside the people ultimately responsible for executing the business plan. We combine institutional rigor with the speed and conviction of a principal investor, while increasingly leveraging AI and automation to accelerate underwriting, sharpen decision-making, and uncover opportunities others miss.

Job Summary

Omninet is seeking an experienced Assistant Controller – Multifamily to help lead the accounting and financial reporting function for our multifamily portfolio. This role is responsible for the integrity, accuracy and timeliness of property-level financial reporting, and provides hands-on leadership to the multifamily accounting team.

The Assistant Controller partners closely with Accounting, Operations, Asset Management and senior leadership to maintain strong financial controls, a disciplined month-end close and meaningful reporting across the portfolio. It is a highly visible role for someone who works comfortably at both the strategic and the detail level — building process, reviewing financials, coaching the team and stepping in directly to ensure deadlines and standards are met.

The ideal candidate is a strong accounting operator who enjoys bringing structure to complex environments — technically credible, organized and detail-oriented, with a clear understanding that accounting serves the broader business. They are comfortable challenging inconsistencies and holding teams accountable while remaining collaborative and solutions-oriented, and they move easily between detailed review work and discussing portfolio performance with senior leadership.

Key Responsibilities

Financial Reporting & Month-End Close

• Own the monthly, quarterly and annual close for the multifamily portfolio, including property financial statements, journal entries, accruals, reconciliations and supporting schedules.
• Review property-level income statements and balance sheets for accuracy, completeness and unusual variances.
• Ensure general ledger activity is properly recorded and accounting practices are applied consistently across the portfolio.
• Review and approve account reconciliations and ensure outstanding items are researched and resolved promptly.
• Support consolidated portfolio reporting, ownership reporting packages, annual audits and tax reporting.

Property Accounting Oversight

• Oversee property accounting across accounts payable and vendor payments, accounts receivable and resident balances, cash management and bank reconciliations, security deposits, accruals, capital expenditures, fixed assets, intercompany activity, and property acquisitions and dispositions.
• Maintain strong financial controls and ensure adherence to company accounting policies and procedures.
• Monitor property accounting activity for accuracy and identify recurring issues requiring additional training, process improvement or controls.
• Partner with property and regional operations teams to resolve accounting discrepancies and strengthen financial discipline at the property level.
• Manage,…