Controller - Real Estate Private Equity

Company: Michael Page US
Location: Denver
Posted on: November 13, 2024

Job Description:

• Lead Finance team at a growing real estate investment firm
• Active in the multifamily sector About Our ClientOur client is a vertically integrated owner and developer of multifamily real estate properties across the US. The business has grown rapidly in the last 5 years and they are looking for an experienced finance professional to support that growth. Job DescriptionOur client is seeking a strategic, operational, growth-minded, and process-oriented Controller. Reporting to the President of the firm, the Controller will be a key member of the leadership team with full responsibility for all finance and accounting operations. The Controller will implement structure around existing and new accounting processes, while not being afraid to challenge the status quo.Primary Responsibilities include but are not limited to:
  • Oversee and manage the company's accounting practices, fund management, and the preparation of financial reports for stakeholders.
  • Assist in the firm's reporting and compliance. Calculate net asset value, yields, and investor distributions.
  • Maintain books and records, record transactions and accruals, and oversee all aspects of accounting, including treasury, financial reporting, and balance sheet management.
  • Provide GAAP guidance and support within the company; provide recommendations to leadership as needed.
  • Review monthly and quarterly account reconciliations and other documents to ensure records adhere to company policies and GAAP.
  • Help coordinate internal and external audits.
  • Oversee lender reporting and compliance; oversee team tracking and adherence to reporting deadlines.
  • Assist with enterprise-level lines of credit and ongoing credit requirements required for growth and capitalization.
  • Drive continuous improvement with financial reporting accuracy through ongoing reconciliation and variance analysis reporting. Drive automation and identify new efficiencies to support portfolio growth.
  • Lead and execute ad-hoc projects and analyses as directed by senior leadership.MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state, or local law. MPI encourages applications from minorities, women, the disabled, protected veterans, and all other qualified applicants. The Successful ApplicantBachelor's degree in Finance, Accounting, or related fields with 5+ years of relevant real estate finance experience. The ideal candidate will have a majority of their experience spent in the multifamily housing sector. Other sectors in commercial real estate will be considered. Other key qualities:
    • Strong understanding of real estate investment ventures and the real estate development process.
    • Process improvement-minded professional who is always looking to improve efficiency and accuracy of the finance function.
    • Experience in real estate partnership investments related to acquisitions, value-add tenant improvement, and property management preferred.
    • Fund accounting experience preferred.
    • Excellent working knowledge of MS Office, including Outlook, Word, Excel, and PowerPoint.While this is a staff leadership position, our client maintains a 'flat' organizational structure and all leaders are hands-on in their roles. You will manage a Senior Accountant with the opportunity to grow the team over time. What's on OfferStrong basic salary plus bonus potential, targeting $120,000-$140,000 but flexible for the right individual. Opportunity to have a high visibility position and make an immediate impact on a growing team! There is an opportunity for 1 day of work from home.
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Keywords: Michael Page US, Commerce City , Controller - Real Estate Private Equity, Accounting, Auditing , Denver, Colorado