Job Function:
With a client service focus, the Assistant Controller provides accounting, analytical, operational,
and investment analysis integral to the successful management of various assets/portfolios. The
Assistant Controller is a key function that adds to the Organization’s ability to provide excellent
client services to investors, management, and other functional areas of the Organization.
Responsible for the accurate production of periodic financial reports as well as the development
and communication of financial analysis related to the senior living portfolio. Supervises a group
of approximately four - eight people.
Essential Responsibilities:
- Perform day-to-day financial review, oversight, and management, including maintenance,
implementation, and continuous review of adequate accounting and financial controls with the
application of appropriate accounting techniques and standard practices; - Partnering with the Controller responsible for oversight of Treasury management for property
portfolio; - Coordinate with Accountant the selection of vendor payments in distressed asset situations;
Partner with Executive Directors, Facilities team and Accountants on the regular reporting to
include reforecasts, variances and historical/year to date comparisons to budget and industry
standards; - Review property management financial statements; monitor budgets, tax implications and
financial reports; - Participate in the completion of the annual operating budget process;
- Recommend policies, procedures, internal/external reports and “best practices” to provide
seamless operations and succinct portfolio-wide reporting; - Responsible for directing and controlling the work of the property accounting staff in
summarizing and interpreting financial data for the use of management, creditors, investors and
taxing authorities; - Coordinate the year-end tax/audit process for all entities, working closely with operating partners
and audit firms, and oversee review of final audited financial statements
Job Requirements/Qualifications:
- 5 or more years of experience with multi-family accounting in a lead accountant role.
- 2 years supervisory experience in a real estate or property management environment;
- Thorough knowledge of industry related software; Yardi (preferred).
- Thorough knowledge of construction accounting including construction draw processing.
- Thorough knowledge of the due diligence process for acquisitions and ability to control the
disposition process; - Ability to work collaboratively with customers and colleagues to solve problems and improve
systems; - Bachelor of Science degree in Accounting or Finance;
- Master’s degree and/or CPA license preferred but not required