Assistant Controller, Real Estate Accounting

Overview

Assistant Real Estate Controller at MIT Investment Management Company is responsible for overseeing accounting and financial operations for the company’s real estate portfolio, which includes over 100 properties across multiple asset types and investment structures. Reporting to the Real Estate Controller, this role plays a key part in ensuring accurate financial reporting, strong internal controls, and adherence to best practices. The position serves as the primary liaison with the outsourced property manager’s accounting team, supervising day‑to‑day accounting activities, reviewing lease data in systems like Yardi, and flagging potential issues to asset management.

It also ensures the integrity of real estate sub‑ledgers and accurate data flow into internal and third‑party reporting systems.

• Lead monthly, quarterly, and annual financial reviews.
• Oversee budget and forecast evaluations.
• Support the annual valuation process through appraisal coordination.

• Minimum six years of experience in Real Estate Accounting.
• Bachelor’s degree in accounting or finance‑related discipline.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint).
• Excellent critical thinking and analytical skills.
• Ability to thrive in a fast‑paced environment and work through an iterative process.
• Strong computer skills and knowledge of relevant technology.
• Exceptional organizational skills and effective time management, with proven ability to multi‑task.
• Demonstrated track record of effective oral and written communication through all levels of the organization.
• Ability to resolve complex problems in a thorough and timely manner, determining the appropriate course of action with minimal supervision.

• Experience with joint ventures or fund accounting.
• Experience with Yardi and/or Real Page.
• Experience in leasehold and fee simple accounting.
• Experience with Fair Value accounting principles and CPA status.