Controller- Commercial & Multifamily Real Estate
Job in
New York, New York County, New York, 10261, USA
Listed on 2026-09-12
Listing for:
The Quest Organization
Full Time
position Listed on 2026-09-12
Job specializations:
-
Accounting
Accounting & Finance, Financial Controller, Accounting Manager
Job Description & How to Apply Below
Our client is seeking a hands-on Controller to oversee accounting and financial reporting across a portfolio of commercial real estate, development, operating and investment. This role will manage the monthly close, financial reporting, multi-entity accounting, payroll, cash management, and accounting team while working closely with senior leadership.
Responsibilities- Preparation of financial statements in accordance with GAAP
- Overseeing App Folio and other software packages
- Budgeting and cash flow projections and analysis
- Tenant billing/collections – annual reconciliation of tenant charges
- Quarterly reports to partners – working with the Principal for the financials.
- Preparing internal financials for Lenders – for refinancings and for ensuring loan ratios are maintained - repairs vs Cap X
- Overseeing accounts that the Principal’s assistant currently maintains
- Allocation of insurance and paying from the proper company
- Budgeting for the management companies, annual reconciliation of management fees for various properties which are billed monthly
- All disbursements including monthly mortgage and loan payments, real estate taxes and insurance
- Maintaining daily cash balances, including amounts approved but unpaid
- Approving payments prior to sending them to the principal to ensure proper coding
- Overseeing the processing of payroll (using an outsourced payroll company)
- Maintain organized files on numerous entities
- Functioning as the liaison to the external service providers
- Overseeing bookkeeping department of five
- Establishing proper internal controls
- Minimum of 10-15 years of real estate accounting experience
- CPA is preferred, but not mandatory
- Hands on individual, highly organized and a team player
- Self motivated, with strong accounting knowledge and computer proficiency
- Strong communication and interpersonal skills
- Preferably someone from a family owned real estate business
- Exposure to several asset classes-industrial, multi-family, retail and commercial
- Experience with joint ventures and financings
- Results oriented and able to manage and motivate staff
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