Financial Controller

We’re seeking an experienced controller to oversee this high-performing team. The ideal candidate will have experience as an accountant in our industry, preferably in a senior role. As a strong communicator and skilled financial analyst, this person will streamline our budgeting, payroll, and financial reporting processes. The controller will also produce thorough financial-status reports for senior managers to help improve our operational efficiency and aid in our continued growth.

Objectives of this role

• Help make financial decisions on all acquisitions of distressed commercial real estate
• Help make financial decisions on all new developments
• Guide financial decisions by applying company policies and procedures to current economic landscape
• Develop, implement, and maintain financial controls and guidelines
• Achieve budgeting goals with proper scheduling, analysis, and corrective actions
• Maximize payroll efficiency through innovative process development
• Help develop and support short- and long-term operational strategies
• Cooperate with higher management and ownership to structure tax effective 1031 Exchanges and implement Cost Segregation Depreciation schedules.

Responsibilities

• Maintain internal safeguards for revenue receipts, costs, and team and organizational budgets and actual expenditures
• Establish (in coordination with CFO) financial and operating benchmarks, budgets, program monitoring, and reporting standards on biweekly, monthly, and annual basis
• Implement consistent accounting policies, practices, and procedures across all programs, adhering to national and local legal standards while remaining knowledgeable of proposed legislation
• Develop and enforce internal controls to maximize protection of company assets, policies, procedures, and workflows
• Oversee and support accounting team with dynamic leadership that creates an environment of trust and productivity
• Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements.
• Coordinate all audit activity
• Consistently analyze financial data and present financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress and changes and keep senior leadership abreast of the company’s financial status.
• Assist leadership in the annual budgeting and planning process; administer and review all financial plans and compare to actual results with a view to identify, explain, and correct variances as appropriate.
• Manage organizational cash flow forecasting by working in partnership with the CFO; to assess the financial efficacy of program operations and establish finance and administrative systems to support program operations.
• Manage and track the performance of invested assets in keeping with policies and investment guidelines.

Required skills and qualifications

• Thorough knowledge of real estate tax accounting including 1031 tax free exchanges
• Thorough knowledge of Delaware Statutory Trust and their tax implications
• Ten or more years of professional accounting experience
• Strong understanding of banking processes and financial data analysis
• Working knowledge of national and local tax regulations and compliance reporting
• Experience in managing payroll, with focus on streamlining accounting processes
• Exemplary history of financial project management

Preferred skills and qualifications

• Bachelor’s degree (or equivalent) in business, accounting, or related field
• Five or more years of experience as a senior-level accounting or finance manager