What are the responsibilities and job description for the Controller position at Jack Lingo REALTOR®?
Company Description
Jack Lingo REALTOR® is the premier Delaware beaches real estate agency since 1974, offering homes for sale in various locations in Sussex County. With a reputation for excellence and a wide selection of properties, we have been a trusted choice for over forty years. Our service areas include Lewes, Rehoboth Beach, Dewey Beach, and more, catering to all Delaware real estate needs.
Role Description
This position will report directly to the president of the company and supervise the accounting department for Jack Lingo Realtor, consisting of two vacation rental accountants and one accounts payable specialist.
Other responsibilities include:
- Keep updated, accurate financial records for future reference.
- Oversee general ledger and accounting functions and systems, ensuring compliance with appropriate generally accepted accounting standards.
- Oversee the preparation and review of the company’s financial statements and other related sister companies.
- Oversee the proper archiving of all financial data at our storage container and the proper disposing of all old, outdated records.
- Ensure timely financial data is presented to outside CPA firms for yearly tax preparation on various companies.
- Prepare all year end 1099 for all vacation property owners, vendors and sales and rental agents.
- Prepare and distribute all year end statements to all vacation property owners.
- Calculate the correct commission on all sales settlements based on company commission policies.
- Oversee the timeliness and accuracy of monthly commissions paid to all rental agents.
- Manage the weekly closing process on all vacation rental accounting for all property owners, vacation tenants and outside vendors.
- Handle all bank deposits and bank escrow checks on a as needed basis.
- Oversee the timely back-up of all accounting software.
- Ensure all vacation rental income, owed to the company, is performed and deposited into the appropriate bank accounts.
- Engage with all sales agents, rental agents and rental managers to ensure that their questions and needs are met on a timely basis.
- Manage the coordination and completion of any potential audits.
- Complete special projects and other duties as assigned by management.
- Record all employee hours, for the 3 offices, and report them to management for the preparation of biweekly payroll.
- Monitor a company’s financial reports and determine ways to reduce costs.
Qualifications
- Financial management and budgeting skills
- Experience in financial reporting and accounting operations
- Knowledge of real estate financial practices
- Strong analytical and problem-solving skills
- Attention to detail and accuracy in financial data
- Ability to be adaptable
- CPA certification is a plus
- Bachelor's degree in Accounting, Finance, or related field required
