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Real Estate Controller
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Overview
Job Description
Overview:
SimpleCITI Companies is a nationwide commercial real estate and specialty finance firm specializing in acquiring, managing, developing, leasing, and financing assets in major cities. As a private equity company for real estate, we leverage automation to enhance efficiency and manage an extensive portfolio that includes industrial and residential properties. We are dedicated to advancing the real estate industry through innovation and excellence.
Job Description:
We are currently seeking an experienced and detail-oriented Real Estate Financial Controller, experienced in Property Accounting, with an understanding of Yardi Voyager to join our team. In this role, you will be responsible for overseeing the financial management and reporting of our real estate properties, as well as working with our external auditors, ensuring accuracy and compliance with all accounting standards and regulations.
Specifically, you will be tasked with using Yardi Voyager/Elevate in performing CAM and bank reconciliations, asset schedules, closing the books, budgeting/forecasting, and lowering costs to improve the company's financial performance.
As the Property Controller, you will play a critical role in managing the financial operations of our real estate portfolio, leveraging your expertise in Yardi Voyager / Elevate to streamline processes and enhance financial performance.
Responsibilities:
- Financial Management and Reporting:
- Oversee the preparation of accurate and timely financial statements, budgets, and forecasts for the real estate properties.
- Ensure compliance with GAAP and other regulatory requirements in all financial reporting.
- Utilize Yardi Voyager to maintain and enhance financial systems and processes for efficient property management.
- Property Accounting:
- Manage all aspects of property accounting, including accounts payable, accounts receivable, general ledger entries, and month-end/year-end close processes.
- Conduct regular reviews and reconciliations of financial data to ensure accuracy and completeness.
- Monitor and analyze financial performance of properties, providing insights and recommendations for improvement.
- Audit and Compliance:
- Coordinate and support external audits, ensuring all necessary documentation and information are provided.
- Develop and implement internal controls to safeguard company assets and ensure compliance with financial policies.
Requirements
- Nice to have proficiency in Yardi, Yardi Voyager, Yardi Elevate, or Yardi Enterprise.
- Proven experience as a Property Controller or in a similar property accounting leadership role, specifically within the real estate industry.
- Expertise in using Yardi at the enterprise level, with a strong understanding of its financial modules and capabilities.
- In-depth knowledge of GAAP, real estate accounting principles, and financial reporting standards.
- Exceptional analytical, organizational, and problem-solving skills.
- Strong leadership and team management abilities.
- Excellent communication and interpersonal skills.
- CPA or other relevant advanced degree or certification preferred, not required.
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