Controller

Soni Resources

$160K — $185K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field
  • CPA designation preferred
  • 5+ years of property accounting experience in affordable housing or multifamily environments
  • Supervisory experience strongly preferred
  • Experience with LIHTC, HUD, Section 8 or rent-regulated assets is desirable
  • Strong understanding of financial statements, month-end close, budgeting, and accruals
  • Advanced Excel skills including financial modeling
  • Familiarity with Yardi Voyager or similar accounting systems

Responsibilities

  • Lead and support a team of property accountants across a residential real estate portfolio
  • Oversee monthly, quarterly, and annual financial close activities
  • Review financial statements and compliance reports for accuracy
  • Collaborate with asset management on property performance and budget variances
  • Assist with onboarding new affordable housing communities into accounting processes
  • Analyze property-level financial performance and cash flow projections
  • Ensure adherence to affordable housing regulations and reporting requirements
  • Participate in audit preparation and coordination with external auditors
  • Develop process improvements and enhance internal accounting controls
  • Mentor and foster a collaborative environment within the accounting team

Benefits

  • Collaborative work environment
  • Opportunity for professional development
  • Potential for mentorship and team leadership
  • Exposure to diverse real estate portfolio
  • Strategic partnership with operations leadership
Full Job Description
We are seeking an experienced accounting leader with a strong background in affordable housing and residential real estate operations to oversee a growing property accounting function. This individual will act as a strategic partner to operations leadership while ensuring accurate financial reporting across a diverse portfolio of multifamily and regulated housing assets.

The ideal candidate will come from an affordable housing, LIHTC, HUD, Section 8, or multifamily property management environment and possess both hands-on accounting expertise and the ability to lead and develop a team.

Key Responsibilities
  • Lead and support a team of property accountants and senior accounting staff across a residential real estate portfolio
  • Oversee monthly, quarterly, and annual close activities, ensuring deadlines are met and reporting is completed accurately
  • Review financial statements, balance sheet reconciliations, variance analyses, and supporting schedules for completeness and compliance
  • Partner closely with asset management and property operations teams regarding property performance, occupancy trends, reserve activity, and budget variances
  • Assist with onboarding newly acquired or newly developed affordable housing communities into existing accounting processes
  • Analyze operating budgets, cash flow projections, and property-level financial performance
  • Ensure compliance with affordable housing regulations and reporting requirements where applicable
  • Participate in audit preparation and coordinate with external auditors, ownership groups, and lenders
  • Develop process improvements and strengthen internal accounting controls across the department
  • Mentor and train junior and mid-level accounting staff while fostering a collaborative team environment
  • Prepare ad hoc reporting and financial analysis requested by executive leadership

Qualifications
  • Bachelor's degree in Accounting, Finance, or related field
  • CPA designation preferred
  • 5+ years of progressive property accounting experience within affordable housing, multifamily, or residential real estate environments
  • Prior supervisory or team leadership experience strongly preferred
  • Experience working with LIHTC properties, HUD programs, Section 8, rent-regulated assets, or mixed-income housing portfolios is highly desirable
  • Strong understanding of month-end close, accruals, budgeting, and financial statement preparation
  • Advanced Excel skills required, including financial modeling and reporting functions
  • Experience with Yardi Voyager or comparable real estate accounting systems preferred
  • Strong communication skills with the ability to interact effectively with accounting teams, property management, and senior leadership
  • Ability to manage multiple priorities in a deadline-driven environment

Compensation: $160,000-185,000
Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.

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