Controller

Reporting to the chief financial officer (CFO), the Controller will be responsible for oversight of all finance, accounting and reporting activities for a real estate investment company located in Roseland, New Jersey. As the number-two executive to the CFO. The Controller will lead all day-to-day finance including functional responsibility over accounting, accounts payable, accounts receivable, payroll and provide comprehensive financial updates to senior managers by evaluating, analyzing, and reporting appropriate data points.

The client is 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
  
  

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
• 10 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