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Portfolio Controller

Job #1486

Industry: Real Estate

Location: Near L.A. and O.C borderline

Salary: $140-150K + Bonus

Who They Are

 

  • A privately-held development/management firm in the industrial, office, retail, and multi-family real estate industry

  • Well-established company with a long-standing history in the industrial real estate space

  • They offer a proactive environment working with multiple Big-4 CPAs in leadership positions

  • As an organization, they offer a great work-life balance to their employees

Who You Are

 

  • An accounting expert in the real estate industry with team management experience

  • Highly personable with excellent communication skills, comfortable working with executive team members and high-level business partners

  • A true mentor to your team, motivating them to work collaboratively and constructively

  • Efficient and effective, and experienced in creating and implementing accounting processes and procedures to optimize all aspects accounting and financial reporting

The Role

 

  • Reporting to the Senior Controller (CAO), you will have direct oversight and responsibility of the preparation of financial statements of a diverse portfolio

  • Managing the reporting for a multi-location portfolio in the Real Estate industry

  • Collaborating with multiple regional development offices

  • Managing the financial aspects in land acquisition and project accounting

  • You will supervise a team of 7 project accountants and mentoring them in all aspects of their responsibilities

  • Developing and implementing processes to increase the efficiency and effectiveness of financial reporting

Responsibilities

 

  • Preparing financial statements and reporting for properties across four states on a monthly, quarterly, and year-end basis

  • Consult with our Regional Development Office staff on construction projects, property investments, and all finance matters

  • Oversee the accuracy and timeliness of job costing accounting

  • Manage a team of seven project accountants and help mentor them to help build their understanding of company accounting needs

  • Interpret financial statements (GAAP) for construction projects

  • Create processes and best practices for ensuring the accuracy and timeliness of financial statements, and to increase efficiency and effectiveness

  • Responsible for the review of project loan draws

  • Managing the interpretation and accounting for joint venture projects

  • Report relevant financial reports to outside partners, maintaining a positive relationship

  • Review and reconcile all cash distributions

  • Work collaborative with brokers to understand transactions and mentor your accountants through the transaction process

  • Review sub-partnership financial statements and ensure accuracy

  • Assist in analyzing and monitoring cash forecasting

  • Manage auditing

  • Oversee and manage all reporting deadlines, ensuring timely delivery

  • Maintain a positive relationship with bankers, collaborating on loan draws and managing bank accounts

  • Assist the tax and insurance departments during audits and review periods

  • Review company invoices and sign company checks

  • As a leader, help identify and resolve issues, and help to build an ethical office environment

Required Experience

 

  • Bachelor's and/or Master’s Degree in Accounting

  • CPA (big-4 preferred)

  • Extensive accounting experience

  • Experience in the Real Estate Industry, ideally Retail/Warehouses/Mixed Office Space

  • Consolidation expertise and previous experience with multiple entities

  • Advanced knowledge of Excel, PowerPoint, and Word

  • Project accounting and job costing projection

  • Excellent communication, collaboration, and leadership skills

  • Team-oriented in your management style and natural mentor

  • Entrepreneurial spirit and business acumen

  • JDE ERP (or similar system) experience preferred

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