Property Controller

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Job details:

• Commercial Real Estate - Controller / Yardi
• Hosted by:
  Jon Lopez

Are you a fit? Easy Apply now by clicking the "Easy Apply" button and sending us your resume.

Salary: $130,000 - $160,000 per year

Industry: Commercial Real Estate Investment & Asset Management

Company Overview:
We are a premier real estate investment firm specializing in the acquisition, development, and management of high-quality commercial and multi-family assets. We pride ourselves on a fast-paced, entrepreneurial environment and a commitment to excellence in asset performance.

The Property Controller/Senior Accountant will be responsible for the full-cycle accounting and financial reporting of a diverse portfolio of commercial real estate assets. This role serves as a key bridge between property management and the executive leadership team, ensuring accurate data integrity, robust cash management, and compliance with all reporting requirements.

• Full-time position
• Strong impact of voicing your opinion on projects
• Full benefits
• 401k
• PTO

• Full-Cycle Property Accounting:
  Manage the general ledger, AR/AP, and month-end/year-end closing for a portfolio of commercial assets.
• CAM Reconciliations:
  Lead the annual Common Area Maintenance (CAM) reconciliation process, including the calculation of estimates, year-end true-ups, and audit preparation.
• NNN Lease Administration:
  Manage and oversee Triple Net (NNN) lease structures, ensuring all recoverable expenses are properly accounted for and billed.
• Tenant Bill Backs:
  Coordinate and execute accurate tenant bill backs for utilities, repairs, and other reimbursable expenses in accordance with specific lease terms.
• Financial Reporting:
  Prepare and review comprehensive monthly, quarterly, and annual financial packages, including balance sheets, income statements, and cash flow analysis.
• Budgeting & Variance Analysis:
  Assist in the preparation of annual operating budgets and provide detailed explanations for monthly budget-to-actual variances.
• Cash Management:
  Oversee property-level treasury functions, including bank reconciliations, distributions, and lender compliance.
• Lease Oversight:
  Review lease abstracts and maintain accurate rent rolls, security deposit records, and escalation schedules.

• Education:
  
  Bachelor’s degree in Accounting or Finance. CPA status is highly preferred.
• Experience:
  
  5–10 years of accounting experience specifically within Commercial Real Estate.
• Technical Expertise:
  Deep understanding of NNN leases, CAM recs, and tenant bill backs.
• Software Proficiency:
  Advanced proficiency in Yardi or App Folio is required. High-level Excel skills (pivot tables, complex formulas).
• Skills:
  
  Strong knowledge of GAAP and accrual-based accounting within a real estate environment.

• High level of attention to detail and accuracy.
• Ability to work independently in a fast-paced, entrepreneurial setting.
• Excellent communication skills for interfacing with Property Managers and Executive Leadership.

Interested in hearing more? Easy Apply now by clicking the "Easy Apply" button.

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