Assistant Controller, Commercial Real Estate

Assistant Controller, Commercial Real Estate Lark Associates Short Hills, NJ Job Details Full-time $140,000

• $175,000 a year 9 hours ago Benefits Health insurance 401(k) Qualifications Accounting systems Financial data reconciliation Property management tools Variance analysis Audit report preparation Regulatory compliance Yardi Data analysis skills Mid-level IFRS Financial performance report preparation Financial statement preparation Financial operations management Bachelor's degree Attention to detail GAAP Financial regulatory compliance Financial audit support Accounting experience within real estate Analytics Full Job Description Overview We are seeking a dynamic and detail-oriented Assistant Controller specializing in Commercial Real Estate to join our team.

This pivotal role offers an exciting opportunity to contribute to the financial management and reporting processes of a growing portfolio of commercial properties. The ideal candidate will bring a strong foundation in accounting principles, regulatory compliance, and financial analysis, ensuring accuracy and integrity in all financial operations. Join us to play a vital role in driving strategic financial decisions and supporting our mission of excellence in real estate management. Responsibilities Oversee and coordinate all aspects of general ledger accounting, including account reconciliation, balance sheet reconciliation, and journal entries using accounting software Yardi Prepare and review financial statements, reports, and analyses aligned with IFRS (International Financial Reporting Standards), GAAP (Generally Accepted Accounting Principles), and regulatory requirements specific to commercial real estate. Assistant Property Controller

• -GAAP accounting, financial statement preparation.
• Can read loan and joint venture agreements.
• Yardi required We are looking for an Assistant Controller where you will work in an ambitious and growing environment.

Under some supervision you will be responsible for the financial reporting and analytical review of the property owner entities, related taxable REIT subsidiary, joint venture entities and certain entities that invest in the JV entity. You will prepare monthly, quarterly and annual financial reporting packages and other client reporting as required. Background in Historical GAAP/FV financial reporting and experience with wholly owned assets and joint ventures; Residential or Commercial or other Property accounting experience Essential duties and responsibilities: Financial reporting packages: Produces financial reporting packages and other required financial information and analytics for all property related entities as required. Financial reporting packages include the preparation of workpapers for all balance sheet general ledger accounts on a monthly or quarterly basis in addition to standard financial statements. Financial statements are prepared on the reporting basis determined by the client (i.e. US GAAP

• Historical Cost or Fair Value).

Works with client's auditors for interim and year end audits; helps draft annual audit report.

Monitors Financial Performance:

Compiles, analyzes, and monitors financial data by performing detailed review of monthly property owner reports including but not limited to: operating statement variance reports, aged receivables, aged payables and capital expenditures variance to budget. Responsible for calculation of debt ratios in connection with loan covenants where required.

Pay:

$140,000.00

• $175,000.

00 per year

Benefits:

401(k) Health insurance

Education:

Bachelor's (Preferred)

Experience:

Yardi:

2 years (Preferred) Commercial Real Estate accounting: 3 years (Preferred) Financial statement preparation: 3 years (Preferred)

Work Location:

In person