Controller

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Company: Stream Realty Partners

Location: Dallas, TX 75217

Description:

ESSENTIAL FUNCTIONS OF THE POSITION:
  • Effectively manage project accountants consisting of Staff, Senior, Managing Senior Accountants and Accounting Manager. Direct reports are Managing Senior Accountants and Accounting Managers.
  • Coordinate tasks and assignments to accountants based on capacity, experience, and Client requirements.
  • Responsible for identifying training needs, tracking performance, coaching, year-end reviews, and motivating accountants.

RESPONSIBILITIES:
  • Lead transition and setup of new property assignments.
  • Promote positive internal and external customer service. This includes open and constructive communication with property management to foster a positive relationship.
  • Review financial statement packages prior to submittal to Clients. Ensure accuracy and consistency of report presentation.
  • Assist accountants with processing and/or calculating debt, real estate taxes, sales tax, margin tax, deferred rent and owner distributions.
    • Ensure proper recording of purchased and sold projects as well as loan refinancing.
    • Update and maintain current project information for the internal tracking database.
    • Review presentation of fixed assets for appropriate depreciation/amortization.
  • Develop and facilitate training for the accountants for real estate specific accounting processes, variance analysis review, budget review, operating expense reconciliation review, and accounting software.
  • Provide "Best Practices", accounting policy and procedures guidance and direction to accountants and property management
  • Work with supervisor to update Project Accounting policies and procedures as needed.
  • Coordinate Client requests on an as needed basis.
  • Perform bank admin duties (set up users, etc).
  • Review and approve accountant's wires.
  • Additional duties and responsibilities as needed.

QUALIFICATIONS:
  • Ability to work independently with minimal oversight; Comprehend, analyze, and interpret complex business documents; Write reports and manuals; Make effective presentations on general topics to an internal department and/or large groups
  • Lead and direct a team of accountants in preparing accurate and timely financial packages for industrial, office, retail, development/construction, association and data center projects on behalf of Clients.
  • Effectively delegate workloads and inspire and motivate accountants; Provide a high level of commitment to customer service, whether to co-workers or our Clients.
  • An in-depth understanding of accounting methods (cash, accrual, and full GAAP) and financial terms and principles.
  • Demonstrate ability to work well under pressure with a proactive approach to unusual occurrences; Handle complex employee issues confidentially and fairly; Good organizational skills, attention to detail, and openness to new ideas and procedures.
  • Act as a single point of contact for assigned Clients. Ensure Client requests are completed in a timely manner with a high degree of professionalism.
  • Act as a liaison between the Client, property management, and the project accounting team.
  • Work in collaboration with property management team and assigned accountants to successfully transition properties whether newly managed, acquired, sold or foreclosed.
  • Maintain an in-depth understanding of Stream Policies and Procedures and ensure accountants' compliance with same.
  • Bachelor's degree in Accounting or Finance.
  • 10+ years' of work experience.
  • CPA license preferred.

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