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Controller (Property Accounting/Infrastructure)

Location : On-Site (Los Angeles)
Job Type : Direct
Hours : Full Time
Travel : No
Relocation : No

Job Description :

Super successful Real Estate/Private equity firm in Los Angeles is looking for a Controller (Property Accounting/Infrastructure)


This position is responsible for overseeing asset/property level accounting and financial reporting functions for the infrastructure and real estate assets within the assigned portfolio, including supervision and leadership of staff.


ESSENTIAL FUNCTIONS:


· Oversees preparation of and approves asset reporting packages to meet investor/fund requirements on monthly, quarterly and annual basis


· Ensures timely and accurate completion of all month and quarter end closing processes


· Onboarding of newly acquired assets for setting up of financial reporting.


· Responsible for final review and approval of monthly financial packages to Fund Accounting group(s)


· Establishes and supports standard practices and procedures for all record keeping and reporting to ensure compliance with internal and GAAP standards


· Prepare/Review Partners capital call


· Monitor and ensure proper record keeping for all Capital Expenditures


· Complete and review all monthly and quarterly corporate reporting


· Assist in fund and asset level audits as necessary


· Works with Development team and Construction Accounting to manage job-costing process


· Responsible for understanding the accounting of newly acquired/restructure of assets by working closely with Fund and Investment teams


· Acts as point of escalation and support to ensure external departments understand policies and procedures for accounting and are following same.


NON-ESSENTIAL FUNCTIONS:


· Assists in reforecast & consolidation of financial entities


· Perform ad hoc projects and analyses


· Performs high level review of the financial closing, accounts reconciliations and variance analyses prepared by the Accounting Manager and JV or third party managers


SUPERVISORY RESPONSIBILITIES (IF ANY);


· Oversees work assignments of property accounting staff including but not limited to, setting performance expectations, providing feedback/coaching on performance and ensuring accuracy and timely completion of work assignments.


· Responsible for staffing of newly acquired assets including but not limited to evaluation of existing financial staff, hiring new staff and training staff on procedures


Controller (Property Accounting/Infrastructure)


This position is responsible for overseeing asset/property level accounting and financial reporting functions for the infrastructure and real estate assets within the assigned portfolio, including supervision and leadership of staff.


ESSENTIAL FUNCTIONS:


· Oversees preparation of and approves asset reporting packages to meet investor/fund requirements on monthly, quarterly and annual basis


· Ensures timely and accurate completion of all month and quarter end closing processes


· Onboarding of newly acquired assets for setting up of financial reporting.


· Responsible for final review and approval of monthly financial packages to Fund Accounting group(s)


· Establishes and supports standard practices and procedures for all record keeping and reporting to ensure compliance with internal and GAAP standards


· Prepare/Review Partners capital call


· Monitor and ensure proper record keeping for all Capital Expenditures


· Complete and review all monthly and quarterly corporate reporting


· Assist in fund and asset level audits as necessary


· Works with Development team and Construction Accounting to manage job-costing process


· Responsible for understanding the accounting of newly acquired/restructure of assets by working closely with Fund and Investment teams


· Acts as point of escalation and support to ensure external departments understand policies and procedures for accounting and are following same.


NON-ESSENTIAL FUNCTIONS:


· Assists in reforecast & consolidation of financial entities


· Perform ad hoc projects and analyses


· Performs high level review of the financial closing, accounts reconciliations and variance analyses prepared by the Accounting Manager and JV or third party managers


SUPERVISORY RESPONSIBILITIES (IF ANY);


· Oversees work assignments of property accounting staff including but not limited to, setting performance expectations, providing feedback/coaching on performance and ensuring accuracy and timely completion of work assignments.


· Responsible for staffing of newly acquired assets including but not limited to evaluation of existing financial staff, hiring new staff and training staff on procedures


 


Required Qualifications :

EDUCATION/EXPERIENCE REQUIREMENTS (including certifications, licenses, etc.):


· Bachelor's degree in Accounting or Related Field


· CPA preferred


· 7 to 10 years’ previous accounting experience property accounting in assigned asset class.


· Demonstrated success in a managerial role


· Solar power and other infrastructure experience a plus


· Demonstrated expert level knowledge of GAAP accounting.


TECHNICAL SKILL REQUIREMENTS:


· Proficient in Microsoft Office, especially Excel and Word.


· Experience in Yardi, MRI, J. D. Edwards or comparable software.


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