The Quest Organization
https://cdn.haleymarketing.com/templates/62493/logos/questorg-hml.png
http://www.questorg.com
http://www.questorg.com
USD
135000
YEAR
true
PROPERTY CONTROLLER
Responsibilities:
Property controller
1633 BROADWAY SUITE 1801 NEW YORK, NEW YORK 10019 US
Posted: 09/19/2023
2023-09-19
2024-01-03
Industry: Property Controller
Job Number: 4695
Pay Rate: 135,000
Job Description
PROPERTY CONTROLLER
Responsibilities:
- 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