Assistant Controller (Financial Management)

Areas of Responsibility and Job Requirements:

The Assistant Controller is responsible for supervising a team of 3-6 property accountants and ensuring the timely and accurate generation of financial reports. This role involves interfacing with property managers, asset managers, and investors to keep them informed about property performance.

Responsibilities include, but are not limited to:

• Technical Accounting Expertise: Maintain strong technical accounting knowledge to ensure accuracy in financial reporting.
• Work Paper Review: Review work papers prepared by property accountants for accuracy and completeness.
• Ad Hoc Reporting: Evaluate and review ad hoc reports and detailed analyses generated by property accountants for consistency and clarity. When ad hoc requests are received from investors, devise efficient plans, communicate processes to accountants, and interpret results for external stakeholders.
• Team Leadership: Manage and mentor property accountants, fostering a collaborative and high-performing team environment.
• Effective Communication: Communicate effectively with all levels within the organization, particularly with property management.
• Property Transitions: Oversee the integration of new properties into the accounting department and manage the sale of assets to external parties.
• Budget Review and Training: Review property budgets for reasonableness and train property managers and accountants on budget processes and expectations.
• Adaptability: Thrive in a fast-paced environment, with the ability to quickly learn and adapt to new software, technologies, and processes.
• Data Analysis and Reporting: Analyze financial data and create accurate and insightful reports.
• Additional Duties: Undertake additional assignments as requested by senior management.

 Minimum Education Requirements:

• BS in accounting
• CPA or MB, preferred

Minimum Years of Experience Required:

• Minimum of 5+ years of relevant experience.

Additional Knowledge, Skills and Abilities:

• Strong knowledge of Excel and general computer skills, required
• Must demonstrate strong organization skills and ability to work with people
• Demonstrated experience managing teams
• Knowledge of Yardi, preferred
• Real estate experience, preferred

 Competencies/Essential Job Functions:

This position consists mainly of light physical work. The position may require exertion of up to 10 pounds of force occasionally to lift, carry, push, pull or otherwise move objects, including the human body. The role involves sitting most of the time.

The incumbent is required to have visual acuity to determine the accuracy and thoroughness of the work assigned or to perform an activity such as: preparing and analyzing data, reviewing data, view computer screens for extended periods of time, extensive reading, etc.

• This role frequently requires the incumbent to grasp, engage in repetitive movements with the wrist, hands, and fingers, typing for extended period of time.

• The role also requires incumbent to talk and hear, expressing or exchanging ideas by means of spoken work and the ability to receive detailed information through oral communication, and to make distinctions in sound. 

Work Environment:

The incumbent may occasionally be subject to noise sufficient to cause the worker to shout in order to be heard above the noise.

Other Duties:

Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of this position. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities of this position at any time with or without notice.