Clarkdavisassociates
assistant controller
Company
Role
assistant controller
Location
Job type
Full-time
Posted
119 months ago
Salary
Job description
- Supervise and train senior property accountants
- Review monthly GL close and internal/external reporting ensuring all financial reports are prepared accurately and on a timely basis
- Review property cash flow - coordinate both distributions to partners and/or capital calls issued to partners as needed
- Review year-end CAM escalations, real estate tax escalations and other recovery calculations
- Assist with creating financial models for the acquisition, development and divestiture of institutional sized real estate transactions
- Interface with independent auditors and tax preparers in the preparation of annual audits and tax returns for multi-tier partnership structures
- Review and analyze property operating budgets for timely distribution to senior management, partners and /or lenders
- Review complex joint venture agreements and prepare abstracts related to capital distributions/capital calls and allocation on profit and loss both for tax and GAAP
- Review loan agreements and oversee compliance with payment terms and debt covenants
- Review construction draw requests and interface with respective lenders and institutional investors
- Review construction budgets for development and tenant improvement projects and analyze actual to budget variances. Review and estimated costs to complete the construction projects on a monthly basis.
- Ensure compliance with cost control procedures for purchasing goods and services
- Special projects as needed
- A bachelors degree in accounting with a minimum of 7-10 years of progressive accounting experience
- Real estate industry experience preferred
- 5 years supervisory experience
- The ability to work efficiently and effectively to meet deadlines and work with multiple departments/managers and assignments simultaneously
- Excellent analytical, communication and interpersonal skills
140k plus bonus


