Property Controller in New York, NY

$130K - $150K(Ladders Estimates)


New York, NY 10022

Industry: Real Estate & Construction


5 - 7 years

Posted 4 days ago

  by    Dan Casey

Creative Financial Staffing (CFS) of New York is working with a high-end real estate development firm located in Midtown and they are seeking a Property Controller to join their property accounting/financial reporting team. The role reports directly to the Senior Controller, has amazing opportunity for growth, and a very competitive salary with bonus and wonderful benefits. If you are looking for growth and the next step in your accounting career, keep reading!

Perks of working for this company:

  • Competitive salary with bonus
  • 100% covered health insurance for employee and family
  • Generous PTO including sick, personal, and holiday time off

Responsibilities of the Property Accountant:

  • Manage the portfolio of residential and commercial properties.
  • Perform month-end close and produce financial statements/workpapers for the assigned portfolio.
  • Analyze monthly/annual financial statements to summarize the current and projected financial position of the portfolio.
  • Prepare/verify accurate monthly journal entries and accounting classifications assigned to various records.
  • Read, analyze, and abstract tenant lease agreements.
  • Analyze AP/AR, project expenses.
  • Send out monthly rent invoices and oversee the collection of receivables.
  • Prepare CAM Reconciliations for commercial properties.
  • Prepare monthly bank account reconciliations on all accounts.
  • Liaison between the financial reporting, finance, and property management departments to maintain the proper flow of information and reporting.
  • Coordinate with external audit firms for the annual audits of assigned portfolio.

Requirements for Property Controller:

  • Bachelor's degree in Accounting, CPA a strong plus
  • 5+ years of property management experience in the residential real estate industry.
  • Mix of public and private firm experience preferred
  • Proficiency with various ERP systems (Yardi, QuickBooks, etc.) and MS Excel and Word.

Valid Through: 2019-11-6

$130K - $150K
$130K - $150K base, Plus bonus bonus