Corporate Controller

Job #1389

Industry: Real Estate

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

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

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