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Commercial Real Estate Property and Corporate Controller

Dallas, Texas
Commercial Real Estate Property and Corporate Controller
CRG is working with a Commercial Real Estate client to recruit a Controller to oversee both Corporate and Property Accounting groups within the organization. Our client has expertise in managing a variety of commercial real estate assets and operating businesses as well as receivership, fiduciary operations, consulting and disposition services.

Corporate Accounting Responsibilities:
  • Prepare and analyze monthly internal financial reporting to ownership and internal stakeholders
  • Develop corporate budget
  • Oversee the Corporate Accountant and Payroll Administrator
  • Overseeing multiple entities and ensuring billings are in conformity with the various agreements for services
  • Establishing, monitoring, and enforcing policies and procedures for corporate finance
  • Cash flow management and oversee corporate billing, accounts receivable and accounts payable functions
  • Treasury functions including opening and closing bank accounts for properties and overseeing cost administration and maintaining relationships with banking institutions, insurance brokers and other third-party service providers
  • Maintaining system controls to ensure accurate financial reporting
  • Maintain accounting staff by recruiting, selecting, and training employees
  • Monitor annual compliance requirements for all entities; work with outside agencies to ensure documents are timely completed and payments made by due dates
  • Work with outside accounting firm to prepare annual tax return
  • Review annual return for accuracy and implement any tax strategies requested
Property Accounting Responsibilities:
  • Responsible for all the external financial reporting to all lenders and clients.
  • Oversee the property accounting staff currently comprised of 2 clerical positions and 4 accountants.
  • Establishing, monitoring, and enforcing policies and procedures for commercial, retail, hotel & multi-family properties

  • Work closely with the Operations leadership to ensure all contracted objectives are being met for each property.

  • Establishing banking access to various client-controlled bank accounts

  • Set-up of all incoming properties to accounting software

  • Ensuring reporting deadlines and financial accuracy is maintained across all assets

  • Analyze monthly financial reports for client feedback

  • Prepares special reporting for closing/transitioning properties

  • Scheduling and assigning accountants; ensuring completion of weekly/monthly tasks

  • Prepare monthly accounting calendar and plan for reporting deadlines

  • Monitor property tax due dates and ensure timely payment of all assessments

  • Oversee annual CAM reconciliations and property budgets

Requirements:
  • Bachelor’s degree in accounting or finance
  • Minimum 5-10 years’ experience in accounting/finance
  • 4+ years Yardi experience; MRI and M3 experience helpful
  • Experience in working with multiple legal entities under different legal umbrellas
  • Experience with financial reporting requirements
  • Familiar with corporate cost allocations
  • Strong Excel skills
  • CPA preferred

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