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Controller

Company is confidential
Salary
Competitive
Employment
Full Time
Real Estate Field
Location
McLean
 VA
Postal Code
22101
Country
United States

This job is no longer active.

Description


Growing, privately-held retail property owner and manager of approximately 2 million square feet of power and grocery-anchored shopping centers in the DC metro area is seeking a highly skilled and self-motivated Controller to join our team. The Controller ensures the timely and accurate maintenance of the financial books and records of the company; safeguards the company’s assets; implements, maintains and monitors effective internal controls over the company’s financial operations.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

 

The Controller will be responsible for planning and directing all accounting operational functions personally or through delegation to subordinates and with support from the members of the accounting team and oversight from the Chief Financial Officer. The ideal candidate for this position can lead with integrity and reliability and have the ability to manage self and accounting team members with urgency, practicality and accountability.

 

Primary Responsibilities:

 

  • Manage monthly and annual close of income statement and balance sheet, the reconciliations of accounts, and G/L analysis.
  • Record and maintain escrows, capital expenditures, and depreciation.
  • Calculate monthly property management fees, construction management fees, asset management fees, and other fees.
  • Review and manage the daily cash management functions, including accounts payable/receivable functions, and monthly bank reconciliation.
  • Manage the production of the annual budget and forecasts and monitor on a monthly basis.
  • Handle monthly distributions to investors.
  • Work with external accountants to handle all tax compliance filings for all entities, and provide all schedules and information requests.
  • Manage various aspects of the property and corporate accounting functions and team, including Property Accounting, Accounts Payable, Accounts Receivable, Payroll, and Job Cost. Also responsible for Jenark and Yardi accounting software.
  • Development and/or establishment of accounting policies and procedures and operational strategies, including the reviews and implementation of process system changes.
  • Assist in the preparation of lender debt compliance reporting requirements.
  • Conduct internal audits to assess financial status and performance.
  • Support Accounting Department initiatives, such as software and systems implementation and other departmental or firm-wide improvements, with research, planning, and implementation, as required.
  • Work closely with executive team and partners to ensure efficient and successful firm-wide operation.
  • Flexible in completing tasks beyond formal job responsibilities.

Requirements:

 

  • Bachelor’s degree in Accounting or Finance (CPA preferred).
  • 5 - 7 years’ experience in commercial real estate accounting.
  • Ability to comprehend, analyze, and interpret financial terms of lease documents, contracts, property purchase/sale agreements, construction contracts, and loans.
  • Strong analytical skills, with the ability to exercise good judgment and make decisions based on accurate and timely analysis.
  • Excellent organizational and time management skills. Ability to prioritize workflow and deadlines, self-starter with the ability to work independently with a team player attitude, all while paying strict attention to detail.
  • Advanced skills with Microsoft Office Suite, particularly including advanced Excel functions; experience with financial modeling using Excel models. Yardi and Jenark accounting system experience preferred.
  • Competence adopting and implementing new software systems.
  • Strong initiative, work ethic, innovation, and entrepreneurial spirit.
  • Excellent verbal and written communications skills in order to present to and work with senior management, partners, and external clients.

Job Function


Not specified

 

Job Sector


 

Experience


5+ to 7 years


This job is no longer active.

Accounting / Control Retail McLean Full Time VA Controller other