Controller

The Company has routinely been ranked in the top 100 largest owners of retail shopping centres in the US according to National Real Estate Investors rankings.

Our client are looking for a Controller to oversee the entire accounting department, encompassing both property and corporate accounting. This prominent role involves direct reporting to the Chief Operating Officer and is crucial for strategic decision-making in the company’s financial operations. The ideal candidate will be proactive in developing, enhancing, and implementing review, reporting, and information systems to facilitate the firm’s ongoing expansion.

Responsibilities:

• Plan and implement all accounting and reporting operations and financial management functions including audits of annual budgets and CAM reconciliations and monitoring of monthly revised budgets to monitor individual project cash flows.
• Management of accounting staff.
• Lead in the development and maintenance of the Firm’s accounting system and policies and implement a system of controls to minimize risk and increase efficiency.
• Lead investor relations including investor communications, distributions and capital calls.
• Complete complex 1031 exchange analysis for investors and internal stakeholders.
• Administration and compliance of property Operating and Real Estate Management Agreements.
• Correspond with the company’s lenders and monitor debt covenants for the portfolio as well as prepare and review quarterly bank covenant compliance documentation.
• Preparation of semi-annual property value forecasts.
• Work with outside tax accountants.
• Assist with asset management including sales, refinances, property insurance, cash flow, and scenario analysis.
• Lead the Company’s risk management/insurance book including all property insurance and corporate-level insurance, including annual portfolio insurance renewals and ensuring new properties are properly insured.
• Prepare annual tax packages for tax return preparation by an outside tax consultant.

Your Qualifications

• Minimum 10 years of related work experience, preferably within commercial real estate.
• Bachelor’s Degree with emphasis on accounting and finance.
• CPA certification a plus.
• Experience with Yardi.
• Experience in commercial real estate accounting with a concentration in retail a plus.
• Track record of working as a true leader with the ability to communicate financial matters in an understandable format and make financial recommendations.
• Ability to supervise and mentor staff.
• Exceptional organization and attention to detail.
• Deep knowledge of accounting principles.
• Analytical skills, problem-solving and critical thinking skills.
• Forward-thinker who can develop plans for the department needs to keep up with company growth.
• Considerable experience with property and corporate-level insurance.
• Experience with investor communications.
• Strong communication, quantitative and time management skills.
• Self-motivated individual who takes personal ownership of the accounting platform is a problem solver and uses independent judgment while also being a team player.
• Limited to no travel is required.