Controller - Real Estate

Our client, a real estate investment firm with approximately $10B in AUM, is seeking a Property Controller/Financial Analyst. This is a unique opportunity for someone with an accounting or audit background to transition to the finance/analytical side of real estate.

Responsibilities:

● Calculate monthly funding for operating expenses and capital expenses, capital calls, and quarterly distributions for commercial properties located throughout the United States

● Review monthly reporting packages, reforecasts, budgets, and CAM reconciliations provided by third parties

● Perform in-depth CAM escalation review to ensure proper chargebacks to the tenants

● Calculate potential returns on assets for various scenarios that include varying hold periods, potential sales, refinancings, and earnouts from lenders

● Perform loan compliance including debt service coverage ratio and debt yield calculations

● Perform due diligence on acquisitions and new financings

● Work with the portfolio managers and asset managers on monthly flash reports, quarterly investor reports, and annual budgets and business plans

● Work closely with outside CPAs

Requirements:

● Bachelor’s Degree in accounting, finance or a related field

● Approximately 5-10+ years of real estate finance/accounting experience in a CPA firm and/or a real estate owner/developer

● Knowledge of commercial real estate

● Strong computer skills including Excel

● Knowledge of Yardi, MRI or a similar property management software is a plus