Controller (MD)

Date Posted: 9/29/2023

Controller
Red Bank, NJ (Hybrid)

Our real estate client located in the Red Bank NJ area is currently in search of a qualified Controller to spearhead the financial operations at the corporate office. Our client operates across multiple states specializing in real estate investments and rentals. This will be a hybrid office role.

Key Responsibilities for the Controller Role:
Generate monthly, quarterly, and annual financial statements, encompassing the Balance Sheet, Income Statement, and various managerial reports. Timely submission of reporting packages to management and lenders. Supervise the annual budget development process. Oversee the annual audit process, including workpaper review. Create journal entries for homebuilding operations. Prepare journal entries for monthly payroll processing. Handle accounting tasks related to new property acquisitions and dispositions. For select properties, post monthly rent charges, formulate and input journal entries, and accruals essential for accurate financial statements. Maintain schedules and payments for mortgages, taxes, insurance, and escrow. Review transactional activity for accuracy and integrity at the site level, offering support, assistance, and resolution of transaction-related questions and issues to Assistant Property Managers and Property Managers. Enhance monthly internal reporting metrics covering staffing, competitive benchmarking, marketing, and ROI. Update the procedures manual and provide training for accounting users. Monitor tenant collections, including monthly discussions with Assistant Property Managers and Property Managers to evaluate outstanding receivables. Direct and oversee all general accounting activities, including month-end closing procedures within the YARDI accounting system.

Requirements:
A Bachelor’s degree in Accounting is a mandatory prerequisite. A minimum of 5 years of experience in public accounting, with a strong preference for prior experience in real estate and property management companies. A CPA qualification is required. Proficiency in Excel is essential. Outstanding interpersonal skills, with the ability to work effectively both independently and collaboratively within and outside the organization. Demonstrated capability to manage a demanding workload, prioritize tasks, and meet deadlines. Exceptional attention to detail and a commitment to accuracy.

Please contact Marc Devito at mdevito@clarkdavis.com