Property Controller
We are seeking a proactive and entrepreneurial Property Controller to join our affiliate company in our dynamic, rapidly growing real estate investment and development firm. This role requires a highly skilled financial professional who thrives in a fast-paced environment and is comfortable managing everything from day-to-day accounting operations to sophisticated investor reporting. The Property Controller will report directly to the CEO and play a critical role in ensuring financial integrity, compliance, and strategic insight across the organization.
Key Responsibilities
- Direct and oversee daily accounting operations, including accounts payable, accounts receivable, bank reconciliations, journal entries, trial balance preparation, and accurate, timely financial reporting.
- Manage the financial requirements of multiple Build-to-Rent and Short-Term Rental investments, ensuring proper accounting for revenues, expenses, and capital projects.
- Partner with Asset Management to prepare and review property- and portfolio-level budgets, forecasts, and financial statements; analyze operating results, variances, and key performance metrics.
- Administer construction and reserve draws, oversee job costing, and perform analysis necessary to support property- and investment-level financial reporting.
- Ensure accurate accounting and reporting across property and investment structures, including complex multi-tier entities and joint ventures.
- Review investment performance, including incentive fee calculations, acquisition and disposition fees, and promote/waterfall structures
- Prepare and manage periodic financial reporting packages at both the lender and investor levels, ensuring accuracy, compliance, and timeliness.
- Coordinate with external CPAs and advisors for tax filings, audits, and investor reporting requirements (including K-1s), including preparation of work papers and audit support documentation.
- Support capital planning, financing activities, and cash flow management to ensure adequate liquidity for operations, debt service, and capital expenditures.
- Maintain and enforce internal controls, accounting policies, and procedures to safeguard assets and ensure compliance with GAAP and partnership agreements.
- Implement and improve accounting systems, processes, and reporting tools to increase efficiency, transparency, and accuracy.
Education, Skills, and Qualifications
- Bachelor’s degree in Accounting, Finance, or related field required; CPA or MBA preferred.
- 10+ years of progressive accounting experience, with at least 5 years as a Controller in Real Estate Investments, Build to Rent, and/or Hospitality Real Estate.
- Strong technical knowledge of real estate accounting, construction finance, fund structures, and investor reporting.
- Advanced proficiency in Microsoft Excel (financial modeling, cashflows, projections, waterfalls); strong working knowledge of Microsoft Office Suite.
- Excellent organizational, execution, and time management skills; detail-oriented with the ability to manage multiple priorities.
- Resourceful and adaptable with a proactive, solution-oriented mindset.
- Effective communicator (written and verbal) with the ability to collaborate across teams and with investors.
- Entrepreneurial spirit, positive outlook, and desire to thrive in a fast-paced, evolving environment.
- Valid driver’s license, auto insurance, and flexibility to travel occasionally (day and overnight trips).
Physical Requirements
- Prolonged periods of remaining in a stationary sitting position.
- Manual dexterity sufficient to operate a computer keyboard, mouse, and other equipment.
- Visual acuity to read and produce documents in both electronic and paper formats.
- Ability to occasionally lift up to 10 pounds.
- May require occasional walking or standing during the workday.
- Ability to maintain focus in a standard office environment.
- Capable of repetitive motions, such as typing or mouse usage.
Location: Miami; Hybrid
This job description is not intended to be an all-inclusive list of duties and responsibilities. Management reserves the right to modify duties or assign other responsibilities at any time, with or without notice, to meet business needs.