Join Our Client as an Assistant Controller!

Are you a seasoned finance expert looking to further your career in property management? Our client is a well-established NYC property management firm, boasting a dedicated team of 100 professionals, which is seeking a talented Assistant Controller to join their ranks.

Primary Duties:

·   Financial Reporting: Compile and assess monthly, quarterly, and annual financial reports. Ensure precision and adherence to GAAP.

·   Budgeting & Forecasting: Aid in the creation and tracking of budgets and forecasts. Evaluate variances and provide actionable recommendations.

·   Account Reconciliation: Supervise the reconciliation of bank accounts, general ledger accounts, and other financial records for designated residential properties.

·   Internal Controls: Establish and uphold strong internal controls to protect company assets and ensure precise financial reporting.

·   Audit Support: Assist with both external and internal audits by supplying necessary documentation and clarifications.

·   Team Leadership: Guide and mentor junior accounting personnel, fostering a collaborative and efficient work environment.

·   Regulatory Compliance: Guarantee compliance with federal, state, and local financial legal standards by examining current and new legislation.

Additional Specific Duties:

·   Financial Management: Oversee the financial administration of a specific portfolio of residential properties, ensuring accurate records for refundable deposits and capital contributions.

·   Journal Entries: Record journal entries, including bank transfers, interest income, and expense reclassifications.

·   Variance Analysis: Compare actual vs. budget performance variances and facilitate necessary cash transfers.

·   Annual Budgeting: Supervise the annual budget preparation, present budgets at board meetings, and manage the year-end closing process.

·   Audit Management: Coordinate the annual audit for the portfolio.

Qualifications:

·   Bachelor’s degree in Accounting or Finance (CPA preferred).

·   Minimum of 5 years of accounting experience in Real Estate Property Management.

·   Proficiency with Yardi software and annual budget preparation.

·   Familiarity with asset management, cash flow management, and financial reporting for residential properties.

·   Outstanding organizational, leadership, and interpersonal skills.

·   Strong analytical and problem-solving abilities.

·   Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook) and internet research.

·   Excellent verbal and written communication skills; ability to effectively communicate with employees and clients at all levels.

Requirements:

·   Ability to listen, communicate (both written and verbal), and follow up effectively with all levels within the organization and clients.

·   Capability to perform accurately in a high-paced environment and meet deadlines.

Additional Benefits and Details:

·   Work Style: Hybrid, 3-4 days per week in office, flexible hours (can start 7am or 10am).

·   Workload:  A lot of the grunt work at the client has been automated or outsourced.

·   Colleagues: Director of Client Accounting and CFO sit directly down the hall and are experienced but have a modern approach to technology, real estate and mentoring.

·   Client Interaction: This role is perfect for someone who can do great back-office work and also enjoys interacting with stakeholders and clients. This role would  liaise with co-op boards monthly to explain their finances and support their projects.

Compensation:

·   $100,000 - $120,000 annual salary

Contact:

·   Reach out to alex@reverserecruitingagency.com with your interest with subject Assistant Controller Role.