Controller

A privately-held real estate fund advisor whose focus is on the acquisition, renovation, management and preservation of affordable multi-family assets. IREA targets both Project-based Section 8 (PBS8) and market rate affordable multi-family assets. We believe in these funds offer a unique investment opportunity for high net-worth individuals, investment advisors, family offices, and institutional investors seeking predictable returns in an asset class that will have less relative risk to other multi-family or real estate asset classes

Growing company
Competitive Base + Bonus
Hybrid Schedule

This person is going to have the ability to grow to CFO

Responsibilities

• Review/assist of completion of month, quarter and year end close for multiple entities:

o Oversight and completion of:
 Data entry and Account coding
 Account reconciliations (multiple bank accounts)
 Maintenance of the Fixed Asset Schedule and Accruals
 Review of financial statements for variance analysis
 Recording of adjusting journal entries, as necessary

• Reviewing all financial statements and ledgers for reasonableness and accuracy
• Assist with the preparation of annual budgets and financial statements
• Perform monthly payroll duties when necessary
• Handle subscription agreements for investors
• Handle communications with investors
• Point of contact for all accounting inquiries
• Financial analysis on all prospective acquisitions and real estate investment transactions
• Perform portfolio performance analysis including IRR, Yield, NOI, etc. and forward-looking financial statements for the real estate funds
• Perform additional research and special projects as needed
• Oversight of all insurance and liability insurance
• Reviewing current processes for efficiencies
• Analytical problem-solving skills with capability to undertake detailed analyses and make well-reasoned, decisive recommendations
• Additional Duties:

o Complete projections and forecasting for future periods
o Manage the exchange of information to external accountants
o Additional office duties to ensure day to day operations run smoothly
o Coordinate with external CPA group for compliance with local, state, and federal government reporting requirements, annual audit and tax filings
Skills:

• Ability to multi-task, work independently and be self-motivated
• Manage and train team members on accounting functions and workflows as needed
• Working with the other accounting personnel in the oversight of the financial and accounting systems
• Ability to provide guidance and direction to department staff who are not direct reports
• Create and maintain current accounting procedures while following and analyzing financial trends Identify leading KPI’s, prepare forward looking forecasts to assist in long term business plans

Requirements

• Bachelor’s Degree in Accounting or equivalent experience
• 5 + years of accounting experience preferred
• Related software experience with Yardi, Excel, RealPage, preferred but not required.
• High Attention to Detail is essential
• Be able to work well in a laid back, team environment
• CPA Designation, preferred but not required
• Knowledge of GAAP accounting requirements
• Previous work in property management or with alternative investments is, preferred but