Cherry Bekaert LLP

Controller

Cherry Bekaert LLP • $150K — $170K *
Bethesda, MD 20817In-Person
Real Estate & Construction
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • BS/BS in Accounting or Finance
  • CPA preferred
  • 7+ years of progressive accounting experience
  • 2+ years in a supervisory/management role
  • Commercial real estate accounting experience (CAM reconciliations, multi-entity/property consolidations)
  • Proficiency with property accounting software (Yardi, MRI, AppFolio, or similar)

Responsibilities

  • Own the monthly, quarterly, and annual close process across the property portfolio
  • Prepare consolidated financial statements and property-level P&Ls for stakeholders
  • Ensure accurate accounting for CAM reconciliations and tenant billings
  • Manage, mentor, and develop two Senior Accountants
  • Maintain and strengthen internal controls over financial reporting
  • Identify and implement process improvements within the accounting function
  • Provide financial analysis to the CFO for strategic decision-making

Benefits

  • Hybrid work schedule (3 days in-office)
  • Participation in bonus structure (10-15% based on expertise)
Full Job Description
Controller

This is a hybrid role (3 days in-office).

Compensation: $150-170k + 10-15% bonus, depending on related expertise.

The Controller will lead day-to-day accounting operations for our commercial/retail real estate portfolio, ensuring accurate and timely financial reporting, strong internal controls, and compliance with income tax-basis accounting standards and lender/investor requirements.

This role partners closely with the CFO on financial strategy while managing a team of two Senior Accountants and owning the monthly close, property-level reporting, and compliance processes.

Key Responsibilities
Financial Reporting & Close
  • Own the monthly, quarterly, and annual close process across the property portfolio and corporate entities
  • Prepare consolidated financial statements, property-level P&Ls, and variance analyses for the CFO and ownership/investors
  • Ensure accurate accounting for CAM reconciliations, tenant billings, depreciation, and capital expenditures on an income tax basis
  • Review and approve journal entries, account reconciliations, and balance sheet schedules prepared by the team
Team Leadership
  • Manage, mentor, and develop two Senior Accountants, including workload allocation, performance reviews, and professional growth
  • Establish and document accounting procedures and review checklists to ensure consistency across properties
  • Serve as the escalation point for complex accounting issues raised by the team
Controls & Compliance
  • Maintain and strengthen internal controls over financial reporting across the portfolio
  • Serve as primary liaison for tax preparers and lender reporting requirements
  • Ensure compliance with loan covenants, partnership agreements, and investor reporting obligations
  • Oversee property tax, insurance, and 1099 reporting processes
Process & Systems
  • Identify and implement process improvements and automation opportunities within the accounting function
  • Own the chart of accounts and property accounting system administration (e.g., Yardi, MRI, or similar)
  • Support budgeting, forecasting, and cash management in partnership with the CFO
Business Partnership
  • Provide the CFO with financial analysis and ad hoc reporting to support acquisition due diligence, refinancing, and dispositions
  • Collaborate with property management and asset management teams on operational and financial questions

Qualifications
  • BS/BS in Accounting or Finance
  • CPA preferred
  • 7+ years of progressive accounting experience required
  • 2+ years in a supervisory/management role required
  • Commercial real estate accounting experience required (CAM reconciliations, multi-entity/property consolidations, income tax-basis reporting) required
  • Knowledge of income tax-basis accounting principles as applied to real estate is preferred
  • Proficiency with property accounting software (Yardi, MRI, AppFolio, or similar) and advanced Excel skills are preferred
  • Experience managing lender and investor reporting cycles preferred
  • Strong organizational skills, attention to detail, and ability to manage multiple deadlines across a portfolio of properties are required
  • Excellent communication skills and demonstrated ability to lead and develop a team are required

IND4

About Cherry Bekaert LLP

Cherry Bekaert is a public accounting firm that provides a wide range of services to clients in various industries. The company offers audit, tax, and advisory services to help clients achieve their business goals. Cherry Bekaert has a team of over 1,200 professionals who are committed to delivering high-quality work and exceptional customer service. The company has offices in several states across the US and serves clients in both the public and private sectors.
Learn more about Cherry Bekaert LLP
Size
1,200 employees
Industry
Legal & Accounting
5 Year Trend
+10%
Revenue
$220 million
* Ladders Estimates

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