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VP, Senior Controller

The Bulfinch Companies, Inc.
Boston, MA Full Time
POSTED ON 2/4/2025
AVAILABLE BEFORE 5/4/2025

Position : Vice President, Senior ControllerDepartment : Financial Reporting & AccountingLocation : Boston, MAReports To : Managing Director, Chief Financial OfficerAbout Us : Bulfinch is a third-generation commercial real estate firm specializing in the acquisition, development, management, and repositioning of commercial properties in Greater Boston. Since 1936, Bulfinch has taken a unique approach to creating value in commercial real estate and has successfully evolved and adapted to industry changes and the needs of all our stakeholders. The firm was founded on a commitment to our employees and the culture we began cultivating 85 years ago embodies our entrepreneurial spirit and sense of family.Purpose : The Senior Controller will report directly to and work closely with the CFO. The ideal candidate will have the opportunity to be an integral part of a fast-paced, entrepreneurial work environment interacting with clients, external counsel, consultants, tax team, asset management team, property management team, and investments team. This individual will be involved in all accounting activities, including but not limited to, vendor payments, tenant collections, monthly / quarterly reporting, CAM reconciliations, bank reconciliations, and working alongside a third-party CPA firm for the issuance of annual financial statements. The Senior Controller will specifically be responsible for the management, leadership and training of the property accounting sub-team within the accounting department.About You : You are an experienced team manager, action-oriented with superior technical skills, an eye for details and dedication to accuracy. You have an effective leadership style, able to use empathy, inspire and engage your team, and develop and grow talent under you. You are collaborative, comfortable seeking solutions and problem-solving together with team members above and below you. You are able to make timely decisions that help move the work forward in a fast-paced environment. You understand how to balance stakeholders and manage complexity. You plan your own work and the work of your team to align with company goals.Role Responsibilities : Leadership : Collaborate closely with the CFO in developing and executing financial strategies aligned with organizational goals and objectives.Lead, inspire and develop staff by building engagement with the property accounting team, providing feedback and growth opportunities and holding team accountable. Provide mentoring and coaching for direct reports.Provide direction, delegate and remove obstacles to manage team performance.Plan and prioritize work (your own and your direct reports’) to meet commitments aligned with organizational goals.Secure and deploy resources effectively and efficiently.Address performance issues or concerns timely, ensure appropriate documentation is maintained and evaluate issues where appropriate.Responsible for the development and maintenance of accounting policies and the appropriate application of those policies to the Company’s business activities.Collaborate with the Asset Management, Property Management, and Investment teams to develop and manage the annual budgeting process.Technical : Know the most effective and efficient processes to get things done, with a focus on continuous improvement.Oversee the financial close process and all associated processes and monthly / quarterly reporting to ensure delivery of accurate and timely results to stakeholders.Oversee proper accounting treatment of complex transactions, including the accounting for joint ventures.Manage year-end financial statement (reviews / audits) process and own relationships and communication with external CPA provider.Assist in preparation of property acquisition, disposition, and financing closing statements.Approve daily cash receipts and vendor payments.Approve monthly mortgage payments and interest rate SWAPs.Perform detailed review of annual income and expense forms for real estate tax filings.Perform detailed review of distributions / contributions calculations.Perform detailed review of construction draw schedules for active development projects.Perform detailed review of property cash reforecasts.Execute to a high standard – acts with a sense of urgency, with the end result in mind and can follow through to deliver exceptional results.Monitor accounts receivable for collection issues.Ensure vendors are paid timely and accurately.Ensure tenant billbacks are billed timely and collected.Review annual / fiscal year CAM calculations.Support lender reporting.Review waterfall calculations, as needed.All other projects as assigned.Qualifications : Bachelor’s degree in accounting and / or finance required.Certified Public Accountant (CPA) designation, preferred.15 years of progressive accounting experience; commercial real estate industry highly preferred.At least 10 years of managerial experience in managing a team of property accountants and assistant controllers.Proficiency in Yardi software.Strong computer skills with proficiency in MS Office suite.Great team building skills.Detail oriented with problem-solving mindset, superior work ethic and sound judgment.Demonstrate excellent organizational, leadership, relationship management and time management skills.Excellent written and verbal communication skills; experience communicating with executives, stakeholders, clients, tenants, and vendors preferred.Ability to interact in a team-oriented environment, show a willingness to collaborate and multitask, with a balanced demeanor of professionalism and a proactive attitude.Adaptability to changing demands and meeting deadlines.Making good and timely decisions that keep the organization moving forward.Effective problem-solving skills.#J-18808-Ljbffr

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