CONTROLLER

A private commercial real estate investment firm focused on the value-add acquisition of office, retail, and multi-family properties throughout the Western United States is seeking an exceptional Controller to join our team in the Los Angeles office.

Duties:

• Responsibility for oversight and management of the accounting staff
• Oversight of the monthly closing of books, and overall responsibility for financial statement preparation.
• Oversight of the annual CAM reconciliation process and approval of final CAM recs.
• Responsible for the training of accounting staff.
• Oversight of quarterly investor reporting.
• Coordinate and assist with internal and external audits.
• Responsible for the maintenance and revisions of accounting policies and procedures.
• Assist 3rd party tax preparer and maintain a schedule of tax return deadlines.
• Perform administrative functions related to MRI
• Assist with the coordination of responses for information from our insurance broker.
• Manage Payroll.
• Ability to read and interpret commercial real estate leases.
• Initiate approved wire transfers for acquisitions and other purposes.
• Prepare and analyze financial reports, including balance sheets, P&L statements, and tax returns.
• Assist in the preparation and presentation of monthly financial results on a timely basis.
• Maintain the general ledger.
• Work with tax preparer to deliver tax returns and K-1s to investors in a timely manner.
• Understand and record complex Real Estate transactions.
• Develop and maintain appropriate accounting processes and internal controls.
• Contribute to developing accounting procedures and strategies to improve efficiency by exploring new tools and software.
• Design and implement managerial reports and analysis.
• Assist in maintaining forecasted consolidated cash flows and business strategy models.
• Evaluate and explain budget variances.
• Oversee accounts payable, bank reconciliations, and contract administration.
• Oversee Construction Project Cost Control & Reporting Package.
• Oversee and maintain construction loan draws and communicate with Lender representatives.
• Analyze and record acquisitions and dispositions.
• Responsible for capital calls and distributions
• Review and analyze monthly third-party property management reports.

Required:

• Business degree required (Accounting major preferred)
• CPA license is a plus
• Public accounting experience a plus
• At least 10 years of accounting experience required
• At least 5 years of broad-based accounting for real estate experience
• At least 2-5 years active supervisory experience required
• Excellent verbal and written communication skills
• Solid organizational skills, including the ability to prioritize and multi-task
• Working knowledge of Microsoft Office Suite, including Word, Excel, and Outlook
• Ability to multi-task and work in a fast-paced environment
• Must possess strong work ethic
• Must be a team player
• MRI experience strongly preferred

Job Type: Full-time

Salary: $105,000.00 - $145,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Physical setting:

• Office

Schedule:

• Monday to Friday

Supplemental pay types:

• Bonus pay

Experience:

• Real Estate Accounting: 5 years (Preferred)

Work Location: In person