Multifamily Controller

ARC Multifamily Group is a growing multifamily real estate investment and property management company seeking an ambitious detail-oriented team member to fill its Controller position. We are seeking a skilled Multifamily Controller to oversee our financial operations and ensure the accuracy and integrity of our financial reporting.

 

The Multifamily Controller will be responsible for managing the financial aspects of our multifamily portfolio, including accounting, financial reporting, budgeting, and compliance. This role requires a professional with experience in multifamily property accounting and a strong understanding of real estate financial operations. The ideal candidate will be responsible for budget management, financial analysis, payroll, forecasting, accounts payable, and receivable. 

 *A sign-on bonus may be offered to the right candidate, depending on experience and qualifications.

 

·         MUST have experience with RealPage software

·         MUST have experience in Multifamily industry or similar industry

·         Proven working experience as a Controller or Assistant Controller

·         5+ years of overall combined accounting and finance experience.

·         Degree in Accounting or Finance preferred.

·         CPA or CMA preferred.

·         Thorough knowledge of accounting principles and procedures.

·         Experience with creating financial statements.

·         Excellent accounting software user and administration skills

·         Experience with general ledger functions and the month-end/year-end close process.

 

·         Manage all accounting operations including Billing, A/R, A/P, GL, and Counsel.

·         Prepare and publish timely monthly financial statements.

·         Coordinate the preparation of regulatory reporting.

·         Research technical accounting issues for compliance.

·         Support month-end and year-end close process.

·         Ensure quality control over financial transactions and financial reporting.

·         Manage and comply with local, state, and federal government reporting requirements and tax filings.

·         Work closely with applicable personnel, mainly the Regional Managers and COO to ensure accuracy of financial reporting/budgets. 

·         Complete a successful management of all accounting, financial, cash management, risk management, and information systems. This includes cash flow projections as well. 

·         Maintain escrow analyses. 

·         Manage accounts payable functions including but not limited to: issue checks, set up any wire/ACH payments, maintain vendor files and assist with any vendor inquiries. 

·         Prepare operating and tax expense reconciliations (true-ups) as required per governing documents (leases, management agreement, etc.). 

·         Ensure records are being maintained timely, accurately and in compliance with GAAP or other basis of accounting. 

·         Perform month-end close procedures including preparation and review of account reconciliations for more complex accounting areas. 

·         General ledger review and analysis. 

·         Assist in annual budgeting preparation process. 

·         Prepare information for various audits as needed. 

·         Prepare and analyze monthly/quarterly financial statements and supporting schedules working closely with regional and head of operations teams to ensure accuracy. 

·         Prepare quarterly debt compliance, if applicable, including compliance certificates and supporting documentation in accordance with loan documents. 

·         Assist in the setup of new projects with guidance from the COO. This could include setting up a property in property management system(s), opening bank accounts, and assisting with acquisition accounting schedules/entries (prorations schedules). 

·         Carry out the proper procedures to ensure internal controls are being met. 

·         Continuously seek to mitigate risks, control costs, and cash resources at all times to meet organizational obligations. 

·         Prepare tax projections and tax preparation workpapers.