Job description
Addison Group, in partnership with our client, seeks a Controller (Interim) to join a real estate-oriented company near West Los Angeles, for an interim period of at least three (3) months. This role has a strong possibility of turning into direct hire.
Job Description (General) – The hired Controller (Interim) will perform day-to-day accounting tasks and assist in the M/E closing process for all multifamily properties. You will also provide all information necessary for timely financial reporting. You will report to a CFO.
Job Site Status (Remote/Hybrid/Onsite) – Our client has an onsite work schedule.Our client prefers that the hired Controller (Interim) be vaccinated against COVID.
Culture – Our client has a regular 40-hour workweek with a lot of tenured employees. There is a family feel within our client.
Compensation – Pay rate starts at $60/hour and increases depending on experience.
CONTROLLER (INTERIM) DUTIES
General Ledger (G/L) Accounting
- Perform all G/L full cycle accounting functions (A/P, A/R, Payroll, Bank Reconciliations, Journal Entries, audit) for all family entities
- Review bank reconciliations for all family entities
- Prepare intercompany expenses
- Prepare journal entries for deposits and payments of property and investment transactions
- Record reimbursements
- Prepare month-end accruals
- Reconcile balance sheet and bank accounts
- Assist in closing the books monthly
- Manage a couple of accounting professionals
General Operational Accounting
- Prepare reconciliations for bank, credit card, and investment accounts
- Resolve any discrepancies with vendors
- Review cash receipts for all family entities
- Prepare wires/Issue checks for various family entities
- Maintain fixed asset schedules
Financial Reporting
- Provide information for reporting funds metrics, debt compliance, and periodic deliverables metrics to various deal makers within the organization
- Provide quarterly accounting closing packages, periodic cash reconciliations, interest accruals, dashboard reporting, financial statements, capital contributions and/or distributions
- Work with lenders, investors, and partners in providing financial reports
CONTROLLER (INTERIM) QUALIFICATIONS
Required
- Bachelor’s Degree in Finance, Accounting, or Business Administration or equivalent work experience
- At least eight (8) years of real estate accounting (Real Estate or REIT)
- At least two (2) years of supervisory experience
Preferred
- A CPA or a MBA
- Knowledge of Generally Accepted Accounting Principles (GAAP)
- Previous accounting experience in business management firms/family offices/asset management firms
CONTROLLER (INTERIM) SKILLS
Required
Technical
- Intermediate-level Excel proficiency (v-lookups, pivot tables, IF formulas, et. al)
- Yardi Voyager
Interpersonal
- Willingness to take on significant responsibility
- Ability to work independently
- Ability to supervise other accounting professionals
- Sound critical thinking skills
For further information, submit your resume in MS Word format to me. I will hold all inquiries in the strictest confidence.
IND1
Job Type: Temporary
Pay: $60.00 - $70.00 per hour
Benefits:
- Health insurance
Schedule:
- Monday to Friday
Ability to commute/relocate:
- Santa Monica, CA 90404: Reliably commute or planning to relocate before starting work (Required)
Education:
- Bachelor's (Required)
Work Location: In person
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