More jobs:
Controller, Finance & Banking, Financial Manager
Job in
Newark, Essex County, New Jersey, 07175, USA
Listed on 2026-06-22
Listing for:
Wiss
Full Time
position Listed on 2026-06-22
Job specializations:
-
Finance & Banking
Financial Manager -
Management
Financial Manager
Job Description & How to Apply Below
A Wiss real estate client is hiring a Residential Controller to join their team. The Residential Controller is responsible for the full accounting, budgeting, and financial performance management of a large, multi-property residential portfolio. The ideal candidate is a real estate finance professional with deep expertise in property accounting, variance analysis, operational finance, and cross-functional leadership. This individual will drive financial discipline, elevate reporting standards, and partner closely with operations to optimize NOI and long-term asset performance.
This position is fully onsite.
- Lead all financial operations for residential portfolio, ensuring timely and accurate financial reporting.
- Oversee monthly, quarterly, and annual close processes, including journal entries, reconciliations, accruals, and financial statement preparation.
- Ensure compliance with GAAP, internal controls, lender requirements, and company policies.
- Serve as the primary financial partner to regional operations, asset management, and senior leadership.
- Develop and maintain strong internal controls and accounting procedures to safeguard company assets.
- Manage portfolio financial performance and provide strategic recommendations to improve profitability and operational efficiency.
- Support audits, lender reporting, and regulatory compliance requirements.
- Direct the annual budgeting process for all properties, ensuring alignment with strategic goals and operational assumptions.
- Review and approve property budgets, providing guidance on revenue drivers, expense trends, staffing, and capital planning.
- Develop and maintain rolling forecasts for portfolio performance.
- Oversee monthly and year-to-date (YTD) variance analysis across the portfolio, ensuring:
Timely distribution of financial reports, Identification of material variances, High-quality explanations from community managers, Trend-based insights and corrective action planning - Analyze financial trends and key performance indicators (KPIs) to support business decisions.
- Partner with operations teams to identify cost-saving opportunities and revenue enhancement strategies.
- Prepare and review monthly, quarterly, and annual financial reports for executive leadership.
- Ensure accuracy, completeness, and consistency of all financial statements and supporting schedules.
- Present financial results, risks, and opportunities to senior management.
- Monitor portfolio performance against budgets and forecasts and recommend corrective actions as needed.
- Provide ad hoc financial analysis and modeling to support strategic initiatives and investment decisions.
- Lead, mentor, and develop accounting and finance team members.
- Establish performance expectations and support professional development initiatives.
- Foster collaboration between finance, operations, asset management, and executive leadership teams.
- Drive process improvements, automation initiatives, and reporting efficiencies.
- Bachelor’s degree in Accounting, Finance, or related field required.
- 8+ years of progressive accounting and finance experience, preferably within multifamily residential real estate.
- Strong knowledge of GAAP, property accounting, budgeting, forecasting, and financial reporting.
- Experience managing large, multi-property portfolios.
- Advanced proficiency in Microsoft Excel and financial reporting systems.
- Strong analytical, organizational, and leadership skills.
- Excellent communication and stakeholder management abilities.
- Ability to manage multiple priorities in a fast-paced environment.
Salary is $140,000-$150,000
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