Property Controller

Our CSP Real Estate & Financial Services Practice has partnered with a fast-growing real estate investment management and advisory firm to identify a Property Controller to join their team. The Property Controller will be assigned a portfolio of properties and be responsible for property and corporate accounting including property-level general ledger accounting, variance analysis, annual budget process, and special projects as assigned.

Key Responsibilities:

• Monitor monthly cash flow,  journal entries and bank reconciliations
• Provide detailed explanation of income statement variances
• Review leases and leasing activity to ensure accurate billing
• Analyze recovery rates and expenses as they relate to or affect property, CAM budgets, etc.
• Review and understand A/P, A/R, and Lease Administration entries, reports, and schedules
• Assist in preparing annual property budgets
• Prepare and maintain draw schedules and oversee construction accounting
• Maintain thorough knowledge of the Lease provisions
• Establish and maintain relationships with third party accountants
• Assist with audits as needed, property valuations, and due diligence
• Support transaction closing process
• Track and prepare financial reporting obligations to various stakeholder including lenders, investors and accountants
• Calculate and process investor distribution and maintain investor capital accounts
• Responsible for corporate financial reporting, cash management and budgeting
• Track and allocate all revenues and expenses in proper accounts
• Maintain general ledger and perform reconciliations

Key Qualifications:

• Bachelor’s degree in accounting or significant related experience
• Minimum of four (4) years’ work experience in Accounting with concentration in Commercial Real Estate
• Experience in Yardi, QuickBooks and Juniper Square preferred, Argus a plus
• Ability to prioritize tasks and thrive in a fast-paced, high volume, and deadline-oriented environment
• Excellent analytical skills and proficiency in Microsoft Word, Excel, and Outlook are critical
• Ability to work independently with minimal supervision, and take initiative to investigate and resolve problems using sound judgment
• Excellent attention to detail and accuracy a must
• Must be dependable, punctual, and reliable with a strong work ethic
• Ability to buildout and maintain new processes and control

For more information, please contact Kristin Freitag at kfreitag@chesapeakesearchpartners.com or apply below!