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Controller

Brooklyn, NY 11239

Posted: 08/29/2019 Industry: Controller Job Number: 3830 Pay Rate: 125,000

Controller

R.E. Mgmt. Co based in Brooklyn NY is seeking a Controller. The Controller will report directly to the Chief Financial Officer (CFO).

Responsibilities include (but not limited to):
  • Supervise accounting team, inclusive of AR, AP, Bookkeeper, Accountants
  • Prepare financial reports for selected projects in the portfolio
  • Review financial reports prepared by accountants including, but not limited to: Annual budgets, annual, quarterly and monthly variance reports, surplus cash computations, monthly management reports and quarterly replacement reserve balances
  • Lead the budgeting process and track deliverables for each property.
  • Maintain and/or update standard operating procedures and internal controls within the accounting department.
  • Review monthly closing procedure and track all applicable deliverables
  • Establish tracking system for recurring payables and subsidy payments
  • Prepare and maintain a portfolio mortgage schedule abstract with salient terms
  • Prepare a daily cash flow analysis
  • Year end audit: Review draft audited financial statements prepared by auditors, Review entries proposed by auditors, discuss and compose management letters with auditors and owners, coordinate and monitor audits/work of outside CPA, develop audit schedules with auditors, site and central office staff, and owners.
  • Treasurer: Liaison with banks and manage bank accounts, monitor cash flow of all managed properties, approve wire transfers, review and approve expenditures of more than $3, 000.
  • Monitor filing status of IT-201LL, RPIE, Year-end audits and other governmental mandates and reports
  • Manage 1099 process
  • Maintain chart of accounts and financial groupings.
  • Perform other administrative and accounting functions, in support of the CFO, as requested.

 

Requirements:
  • Bachelor’ s Degree in Accounting required, Certification in Public Accounting required, Master’ s Degree in Business Administration or Financial Services preferred
  • 10+ years of experience with progressive affordable housing knowledge
  • Proficient Knowledge of Microsoft Office Suites, Outlook
  • Demonstrated analytical and financial modeling skills
  • Proven Customer Service Skills
  • Knowledge of Low Income Housing Tax Credit and Hud is required
  • Effectively research, accumulate and present data verbally and in written form
  • Strong communication and organizational skills (Written and Verbal)

David Rosenblatt

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