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Property controller


Posted: 09/19/2023 Industry: Property Controller Job Number: 4695 Pay Rate: 135,000

Job Description


  • Execute all aspects of monthly, quarterly and annual property financial reporting for a select group of PGRE and/or managed properties
  • Maintain the property general ledger and subsidiary ledgers and review for month to month variances
  • Work with property management to research and explain budget to actual variances, and share these explanations with F&A leadership for use in monthly management meetings as required
  • Support AVP, Property Accounting with ad-hoc analysis requests
  • Prepare detailed audit work paper packages in connection with month-, quarter- and year-end financial audit and reporting process
  • Support AVP, Property Accounting’s coordination efforts with Tax, SEC Reporting, and Fund A&R that ensure that accurate monthly, quarterly and annual property accounting information is delivered in a timely manner
  • Create annual Building Operating Expenses reports
  • Prepare annual operating budget, revised forecasts and five-year plan, with appropriate support
  • Conduct lender compliance reporting and loan compliance activities (e.g., preparing financial packages for lenders, TC201, RPIE, etc.)
  • Work with internal audit to test internal controls; coordinate with property personnel to ensure that controls are implemented and executed properly
  • Perform financial analyses to support special projects as assigned
  • Perform other duties and special projects as assigned
  • Bachelor’s degree in Accounting or a related field
  • Minimum of 3 years of accounting experience, preferably in a real estate environment and with a public organization, REIT experience preferred
  • Strong understanding of accounting principles and the accounting requirements of real estate organizations
  • Fundamental understanding of US GAAP and SEC financial reporting and controls needed to meet Sarbanes-Oxley standards
  • Deep understanding of straight-line accounting, debits, and credits
  • Analytical and technical accounting skills
  • Strong organization, coordination and planning, and problem solving skills
  • Ability to meet strict deadlines consistently
  • Strong written and verbal communication and interpersonal skills
  • Ability to decipher and interpret legal documents
  • Strong software skills including financial systems and MS Excel, commercial real estate software skills preferred

Meet Your Recruiter

David Rosenblatt

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