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Controller - Property Management

Los Angeles, CA

Posted: 06/12/2020 Industry: Accounting/Audit Job Number: Pay Rate: 100000.00 - 150000.00 per year (Full-time / Perm)

Job Description

Date Created : 6/12/2020 11:59:39 AM
Category : Accounting/Audit
Location/City : CA - Los Angeles
Job Type : Full-time / Perm
Salary Range : 100000.00 - 150000.00 per year (Full-time / Perm)
Recruiter Name : Lisa Knupp
Recruiter Email :

Main Job Duties:

  • Provide leadership, support and oversight to the accountants and accounts payable team including hiring and training
  • Monitor the financial performance of the company including cash flow analysis and budget variance
  • Compile and analyze financial reporting packages
  • Submit all monthly & quarterly reporting timely to lenders
  • Ensure that loan draw requests are submitted as needed
  • Prepare quarterly distributions to investors according to the waterfall
  • Prepare year-end tax package and work closely with outside CPA firms to complete tax returns for all entities. 
  • Calculate tax projections for each entity during 4th quarter to send to investors
  • Responsible for the entire treasury function making sure all vendors are paid timely and payments are processed in accordance with company procedures
  • Ensure management fees are paid monthly and asset management fees quarterly as well as all other management company reimbursements are handled timely
  • Monitor all bank accounts to ensure they are properly funded and ensure that bank reconciliations are completed for all accounts timely
  • Participate in the purchase of new acquisitions and the disposition of sold assets including preparing sale prorations, recording closing statements & onboarding into Yardi
  • Responsible for submitting 1099s to the IRS and mailing to vendors
  • Review yearly CAM reconciliations prepared by the property managers
  • Participate in annual operating budgets preparation
  • Participate in the development of and support the company's strategic plans
  • Develop, implement & revise standard accounting procedures as needed
  • Work closely with Yardi account managers &/or outside Yardi consulting firm to ensure that any software issues are being resolved and procedures are running smoothly.
  • Develop and manage financial & internal controls in accordance with the company's procedures
  • Provide ad hoc financial & operational reports and communicate financial metrics to partners as requested

Required experience & skills:

  • Bachelor's Degree in Business, Accounting, Finance or related discipline
  • CPA designation required inactive status ok
  • Minimum 10 years accounting experience with at least 3 at the controller level
  • Must have a background in Real Estate and or Property Management
  • Must have a strong working knowledge of Yardi including experience as an administrator
  • Strong Microsoft Office skills especially excel
  • Experience in Nexus, Juniper Square, Orion, Rent Caf , Procore & Concur helpful
  • Strong interpersonal and communication skills
  • Impeccable analytical and organizational skills
  • Self-motivated and self-directed and ability to work in a fast-paced entrepreneurial environment
  • Ability to work closely with the senior management team

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