Assistant Controller

Job Scope

The Assistant Controller plays a key role in managing the accounting and financial reporting for a residential apartment portfolio. This position offers an annual salary between $120,000 and $140,000, with eligibility for a discretionary annual bonus. The organization provides a robust benefits package, including paid time off, holidays, medical, dental, vision, 401k, disability, and life insurance.

All team members, including the Assistant Controller, are expected to uphold a high standard of professionalism, aligning with the organization's core values and policies on business ethics, employee conduct, and confidentiality.

Job Duties

• Direct the accounting and financial reporting processes for a residential apartment portfolio.
• Lead and guide the accounting team focused on residential apartments.
• Guarantee accurate and punctual financial statements for internal use and external GAAP compliance.
• Oversee the Affordable Housing portfolio, handling reporting for lenders, joint venture partners, and government entities.
• Conduct thorough reviews of significant financial statement activities.
• Assist the VP of Accounting with audit requests for consolidated and joint venture entities.
• Evaluate monthly, quarterly, and annual reporting packages for lenders and joint venture partners.
• Collaborate with operations and development teams to address custom reporting and analytical requests.
• Develop and track property tax schedules, ensuring timely payments.
• Coordinate with the operations team on month-end responsibilities and reporting deadlines.
• Maintain and implement accounting policies, introducing updates as necessary.
• Partner with the VP of Accounting on IT system upgrades and improvements.
• Drive ongoing enhancements in accounting workflows, systems, and financial reporting accuracy.
• Ensure member capital statements and tax packages are prepared accurately and delivered on time.

Desired Competencies

• Established background as an Accounting Manager or similar role.
• Committed to precision with strong attention to detail.
• Proven leadership skills in managing and motivating a team.
• Skilled at fostering teamwork across departments.
• Capable of organizing and juggling multiple tasks to meet deadlines independently.
• Flexible and positive when adapting to shifting priorities.
• Strong communicator, both verbally and in writing, with excellent interpersonal abilities.

Technical/Professional Knowledge (Knowledge/Skills, Education, and Experience)

• Bachelor's degree in Accounting, Finance, or a related discipline.
• At least five years of experience in accounting.
• Deep knowledge of financial statements and GAAP principles required.
• Background in real estate is a plus.
• Public accounting experience preferred; CPA certification is advantageous.
• Familiarity with REIT compliance, Low Income Housing, or New Market Tax Credits is beneficial.

Work Environment

The Assistant Controller operates in a professional office setting, typically working Monday through Friday, 8 a.m. to 5 p.m. Flexibility in availability is expected to meet departmental demands as they arise.