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Corporate Controller With Property Management/Real Estate
Company | TechTammina LLC |
Address | Canada |
Employment type | FULL_TIME |
Salary | |
Category | IT Services and IT Consulting |
Expires | 2023-11-26 |
Posted at | 11 months ago |
Job Title: Corporate Controller with Property Management/Real Estate Accounting Experience
Remote Position
The Corporate Controller will develop all fiscal processes that will direct all accounting staff of current and future properties to be acquired. You will work with all the investment modules and waterfall accounting distributions to determine investor Distributions, and NAV of units and see appropriate information is collected for the external tax consultants. This role will work collaboratively to support the company's business strategies as it relates to financial accounting, controls, and reporting. The Controller, as directed, manages and maintains all tenant, supplier and departmental accounts through the effective coordination of activities in the areas of credit and collections, accounts payable and leasing documentation.
Roles And Responsibilities
Remote Position
The Corporate Controller will develop all fiscal processes that will direct all accounting staff of current and future properties to be acquired. You will work with all the investment modules and waterfall accounting distributions to determine investor Distributions, and NAV of units and see appropriate information is collected for the external tax consultants. This role will work collaboratively to support the company's business strategies as it relates to financial accounting, controls, and reporting. The Controller, as directed, manages and maintains all tenant, supplier and departmental accounts through the effective coordination of activities in the areas of credit and collections, accounts payable and leasing documentation.
Roles And Responsibilities
- Prepare all capital draws with the bank in a timely fashion.
- Budgets: Provide YTD actual, review final version, and input into the system. Update non-operational expenses such as mortgage interest, legal and accounting fees and other administrative fees.
- Maintain records of all tenant Improvements, building Improvements, leasing commissions, and other capital renovations. Communicate with outside parties (landlords, lawyers, accountants) when required.
- Take the initiative to propose improvements to the accounting process or management of the flow of information to the accounting team.
- Work with the auditor on tax planning and remittance for each property and the other entities to appropriate 3rd party Securities Reporting Agencies.
- Executing accounts receivables and accounts payables including review of cash requirement reports and reconciliation of tenant statements. Monitor banking deposits and daily balances. Monitor operational expenses on a monthly basis by performing variance analysis.
- Tenant's Reconciliation: Prepare accurate monthly tenant rolls and work along with the property management team to gather accurate tenant information, i.e. move-ins. move outs etc.
- Reporting: Prepare month-end journal entries, monthly bank reconciliations and general ledger reconciliations. Maintain schedules reconciling cash, accounts receivable, inter-company balances, prepaid expenses, fixed assets, accrued expenses and liabilities. In addition, organize full accounting cycle for real estate property. Review and prepare monthly, quarterly, and yearly financial statements and ensure that all monthly reporting deadlines are met.
- Year End: Prepare year-end working paper files, provide auditors with backup, financial statements, and comparative analysis for investors and assist in audit.
- Manage intercompany investor ownership, consolidated financials, investor distributions and Net Asset Value management
- Cash flow management: Prepare cash flow projections on a timely basis. Work with the owner on raising capital.
- Provide full quarterly reporting to the bank and assist the property managers and owner with fiscal commentary.
- Be part of the team to streamline the use of the Yardi software, Rent Caf and external payroll and benefits solution.
- College or University degree required in business or financial management.
- Financial accreditation from an institution or association.
- Minimum of 2 years experience working with Yardi Voyager, Microsoft Excel, payroll and relevant accounting software/programs.
- Minimum of 1 year of working with Yardi Investment Module
- Minimum of 5 years of experience as a Controller and/or Senior Accounting Manager for a small/mid-sized company.
- Experience managing a team of accounting staff and directing/implementing accounting processes based on the growing needs of a company.
- Minimum of 2 years experience working in accounting and finance in the property management/real estate industry.
- REIT or property management experience
- Yardi software experience
- Controller
- CPA Certification
- Their properties are located in the USA, so they will need some US accounting experience
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