Senior Controller

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Company: PEG Companies

Location: Salt Lake City, UT 84118

Description:

Firm Overview:

Founded in 2003, PEG Companies is a vertically integrated owner, operator, and developer of multifamily, hospitality and build-to-rent assets in the U.S. and Canada with a focus on the Mountain West. PEG currently manages approximately $2B of AUM across seven commingled funds and various separate accounts with over 1,100 employees.

Role Overview:

This role leads and oversees the firm's accounting operations across multiple business lines and entities-including fund, ownership, property, and corporate accounting. This role is critical to maintaining the integrity of PEG's financial reporting and ensuring compliance with internal controls, investor reporting standards, and regulatory requirements. The Senior Controller will manage accounting teams, coordinate audits, and ensure the seamless integration of treasury and accounts payable functions.

Responsibilities:

Fund, Ownership & Property-Level Accounting:
  • Direct all accounting activities for the firm's real estate funds, investment partnerships, and property-level entities.
  • Ensure timely and accurate preparation of financial statements for funds, joint ventures, and individual assets, in accordance with U.S. GAAP and investor requirements.
  • Oversee capital account maintenance, waterfall calculations, capital calls, and distributions.
  • Oversee property-level financial and operational processes.
  • Oversee an internal team that is responsible for preparation of audited financials, working with external auditors, coordinating audit schedules, PBC items, and responding to audit requests.
  • Oversee valuations process.

Corporate Accounting & Financial Reporting:
  • Oversee the firm's consolidated general ledger and reporting processes across all corporate entities.
  • Ensure timely month-end, quarter-end, and year-end closings with complete and accurate reconciliations and journal entries.
  • Oversee the preparation of internal and external financial reports, including investor statements and lender reporting packages.

Accounts Payable & Treasury Oversight:
  • Oversee the accounts payable function to ensure proper coding, approval workflows, and timely vendor payments across the organization.
  • Collaborate with treasury to manage cash movement, bank accounts, and intercompany transfers.
  • Monitor cash balances across entities and ensure appropriate liquidity for capital needs, debt service, and operating expenses.

Audit, Tax & Compliance:
  • Serve as the main point of contact for external auditors, coordinating audit schedules, PBC items, and responses.
  • Work closely with tax advisors to support annual tax filings, investor K-1s, and other compliance-related deliverables.
  • Maintain and enhance internal control systems to safeguard assets and ensure audit readiness.
  • Oversee nexus, sales tax, and related tax concerns.

Team Leadership & Process Improvement:
  • Lead, mentor, and manage a team of accounting professionals across disciplines such as fund accounting, property accounting, accounts payable, and treasury.
  • Drive efficiency and accuracy through continual evaluation and optimization of accounting systems, policies, and workflows.
  • Partner with internal stakeholders including Asset Management, Capital Markets, Development, and Legal to support business objectives and reporting needs.

Requirements:

Education:
  • Bachelor's degree in Accounting, Finance, or a related field is required.
  • CPA (Active) designation required.

Experience:
  • 8+ years of progressive accounting experience, including at least 3 years in a controller or similar leadership role.
  • Experience with fund and property-level accounting within real estate investment, private equity, or a related industry.
  • Familiarity with partnership accounting, real estate development cost tracking, and capital account reconciliations.
  • Tax return experience preferred

Skills and Competencies:
  • Expert knowledge of U.S. GAAP and real estate-specific accounting practices including ASC 820.
  • Proficiency in accounting systems (Yardi preferred) and strong Excel skills.
  • Exceptional attention to detail, organizational skills, and the ability to manage multiple priorities.
  • Strong leadership skills and the ability to develop and mentor high-performing teams.
  • Excellent written and verbal communication skills and comfort working cross-functionally.

Physical Requirements:
  • Must be able to tolerate prolonged periods of sitting and/or standing at desk.
  • Must be able to operate a computer, telephone, and/or keyboard and tolerate prolonged periods performing work using a computer, telephone, and/or keyboard.
  • Must be able to lift up to 25 pounds at times.
  • Occasional travel may be required.

Compensation:
  • Competitive base salary and discretionary bonus.
  • Comprehensive benefits package, including health insurance, retirement plan, and professional development opportunities.

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