What are the responsibilities and job description for the Assistant Controller position at Specialty Consultants Inc.?
SCI, the leading executive search firm in the real estate industry, is seeking a highly skilled and motivated Assistant Controller (Property) to work with the CFO in overseeing all financial and accounting operations for a 45 year-old, family-owned, developer/operator of affordable, workforce and market-rate multifamily housing, with a track record of transacting on twenty thousand units.
The Assistant Controller oversees the accounting operations for owned and managed properties. This person is tasked with maintaining financial records in accordance with GAAP and/or Tax. This role focuses on day-to-day accounting functions, assisting with audits, preparing financial reports, and providing support to the accounting team.
This is a hybrid workplace role requiring 2/days per week in office (White Plains).
Responsibilities:
- Oversee and assist with daily accounting tasks, including accurate and timely posting of payments and receipts.
- Aid the CFO in preparing for annual audits by ensuring that all necessary documentation and records are organized and readily available.
- Prepare periodic financial reports, budgets, and financial summaries for review by the Controller and submission to lenders, investors, and other stakeholders.
- Assist in supervising and training accounting staff. Ensure that the team follows accounting procedures and maintains a positive work environment.
- Handle inquiries from lenders, investors, and other parties related to financial records and reports.
- Work collaboratively with other departments and teams to support overall company objectives and financial operations.
- Assist in ensuring compliance with GAAP and company policies. Identify and recommend improvements to financial processes as needed.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field.
- Experience in the multifamily industry is critical, affordable housing experience is highly desirable.
- Proficiency in Yardi accounting software.
- Excellent analytical, problem-solving, and organizational skills.
- Ability to manage multiple priorities and work effectively in a fast-paced environment.
- Strong interpersonal and communication skills, with the ability to interact with senior management, stakeholders, and external partners.