Property Controller (Boutique Real Estate Firm)

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Job description

Responsibilities:

• Oversee the accounting for four commercial properties

• Prepare operating & real estate tax escalations using Excel and applicable lease clauses interpretation

• Interact regularly as a general resource with Property Managers to address Tenant concerns, ensure proper invoice processing, Accounts Receivable, and Sundry processing

• Prepare operating budgets and update 18-month rolling forecast

• Review monthly rent billings

• Review accounts receivable

• Prepare and review quarterly and annual reports for lenders

• Review and maintain real estate tax escrow schedules

• Manage tenant escalation audits

• Review bank reconciliations

• Review general ledger, balance sheet and income statement, and provide variance analyses

• Review all capital invoices (include building & tenant improvements, leasing commissions)

• Oversee capital project tracking and reporting

• Coordinate tax certiorari functions with consultants and attorneys

• Review lease abstracts and supervise the preparation of accurate rent bills based on lease terms

• Calculate mortgage debt ratios

• Coordinate information for outside auditors for annual tax returns

• Work as a team with accounting colleagues to improve processes and documentation of procedures and other project work as necessary

Qualifications:

• 4-year degree in finance, accounting, or business

• 5+ years of commercial real estate accounting

• Advanced Excel skills

• Excellent verbal and written communication

• Solid understanding of commercial lease terminology

• Knowledge of the MRI accounting system a plus

Skills:

• Excellent organizational and prioritization skills

• Ability to think critically

• High attention to detail

• Strong problem-solving skills