Property Controller

  • Location
    Philadelphia, Pennsylvania
  • Category:
    Accounting & Finance - 4100/Finance
  • Job Type:
    Direct Hire
  • Job reference:
    US_EN_8_842881_2718581

This position will be responsible for the day-to-day accounting and financial functions for  a portfolio of  residential properties in the Philadelphia. This will include the accounting as well as managing the monthly closing process and monthly financial reporting. This is a new position that has been developed due to the growth of the organziation. Compensation is 150k + Bonus. 


Job Functions

  • Manage commercial  accounting team toward an efficient monthly close and financial reporting
  • Manage annual audits, budget preparation and new lease abstracts.
  • Review and assist with preparation of monthly schedules and adjustments for – accruals, prepaid rents and expenses, according to US GAAP 
  • Analyze daily cash balance, review bank recs
  • Maintain fixed asset schedules including depreciation
  • Review monthly journal entries
  • Maintain reconciliation of balance sheet accounts
  • Monthly income and expense variance analysis
  • Monthly utility analysis
  • Oversee and manage Accounts Receivable and Accounts Payable process
  • Maintain compliance with partnership agreement and loan agreement
  • Maintain business communications as necessary (i.e. joint venture partners, lenders etc.)
  • Perform special projects as needed

 

Requirements:

  • Bachelor's Degree in Accounting or Finance
  • 10+ years of Commercial Real Estate experience 
  • Public/ Private blend is preferred 
  • Private Equity Experience is preferred