Job #1389

Industry: Real Estate

Location: Los Angeles
Salary: $165-175K + Bonus

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Who They Are:

• A highly prestigious privately held private equity real estate investment company, 100% owned by its senior management. 

• The parent company provides real estate services encompassing acquisition, asset management, investment services, and disposition. 

• As an organization they offer an excellent work life balance for their employees, and boast employee longevity and high retention rates. 

• Their offices are state of the art, and they have a dynamic work environment, offering complex and rewarding work for their Corporate Controller. 

 

Who You Are:

• A polished professional with extensive experience in corporate accounting within real estate or similar investment/asset management industry. 

• You have a history of creating company-wide accounting policies and procedures and have effectively coordinated with multiple departments to implement these procedures. 

• This position requires a great deal of oversight and supervision of budgets and expenses, and requires detailed reporting on all financial matters. 

• In this role, you will be responsible for not only managing budgets, but creating projections and tracking all cash flow. Additionally, you will interact/consult with outside tax advisers.

 

The Role:

• This is a dynamic role that requires extensive accounting experience, both in the public and private sector. 

• You will be supervising all aspects of accounting for the corporate entity.

• Reporting to the Chief Accounting Office, the Corporate Controller will be a part of a team that creates and implements reporting policies and procedures. 

 

Responsibilities:

• General ledger, fixed assets, accounting, payroll, treasury management, internal auditing, AR/AP, collections, reporting, and budgetary and expense controls

• Prepare all accounting and financial analyses of operations for the guidance of management

• Creating an annual budget

• Development of processes to record department transactions and compare to budget

• Preparation of reports to support annual tax returns

• Completing performance analysis of profits

• Record journal entries to survey monthly activities of the parent company

• Responsible for managing cash balance and maximizing excess funds, as well as creating cash projections - creating records for year to date cash flow

• Supervising asset management billing, acquisition, disposition, and other fees

• Manage and record investments made by the corporate entity

• Assist the Chief Accounting Officer in maintaining retirement records and accounts

• Improve processes for accounting systems and technology

• Responsible for managing the company’s financial plans and processes, maintenance of fiscal records, and creating finance reports

• Supervision of the creation and closing of all bank accounts and their users

• Working closely with partnering financial institutions and maintaining professional relationships

• Supporting the CFO in creating management controls, financial reporting processes, stock management, taxes, and corporate finance responsibilities

• Supervising all accounts payable through multiple entities and review of all expenses

• Create financial reporting packages for both management and investment partners

• Management of quarterly and annual auditing

• Setting up early state portfolio companies

• Handling tax planning and maintaining compliance at a local, state, and federal level

 

Requirements:

• Bachelor's and/or Master’s Degree is Business Administration from a well-recognized university with an emphasis on accounting

• CPA - Big 4 experience preferred

• Computer expertise: familiarity with Novell Group Wise, Concur and MRI is preferred

• Experience managing accountants and finance processes

• Former Controller experience, ideally in the real estate or investment/asset management industry

• Understanding of the objectives of a real estate investment organization

• Blended background in both private and public accounting