Controller

The Raritan Valley Orthodox

Jewish Community Association

The ROC of NJ logo

Contact

1/13/21

Location

Description

We are seeking an Controller to take responsibility of accounting, finance and tax related functions at a fast-growing real estate private equity firm. The candidate will report directly to the CFO.

The firm operates out of the large multi-generational family office of one of the Principals. We invest capital in real estate related transactions on behalf of several large institutional investors in addition to our affiliated family office. Since 2016 we have acquired in excess of $1 billion of residential and health care real estate assets and currently manage a portfolio of over 30 assets across the United States. Our assets are either managed by third-party property management firms or are net leased to third-party tenants.

Candidate will be responsible for accounting and tax matters at the Management Company level, including preparation of financial statements, tax returns, AR/AP/Payroll processing and bank reconciliations.

Requirements:

• Have 5+ yr public accounting experience in financial statement and tax return preparation,

specifically in financials for real estate investments and preparation of partnership tax returns

• Fluency with QuickBooks and ability to make journal entries and keep entity books for various

investments and generate financial statements

• Experience working with annual audits and tax returns on various entities (i.e. directing and

reviewing work)

• Experience with tax projections

• Optional : 2-3+ yr private accounting experience as an assistant controller or controller in an

investment management office with real estate exposure

Ideal candidate will:

• Give confidence in their ability to accurately complete tasks with minimal supervision

• Keep files organized and up to date, including all trackers (entities, filings, distributions, etc)

• Be very sharp, quick learner and articulate clearly both orally and in writing

• Respect confidentiality of company financial info to be able to work on all accounts/matters

• Be able to communicate to investors and stakeholders in a professional manner

• Be prepared to handle basic bookkeeping tasks as well as more advanced accounting tasks

• Able to work in a fast-paced environment

• Understanding of real estate investments and multi-layer investment structures

• Software required: Quickbooks, Excel (including Vlookups), Word, Powerpoint; Yardi optional

Duties:

• Responsible for all accounting and reporting for multiple entities using Quickbooks

• Timely preparation of monthly financial reports, i.e. balance sheets, P&L statements, cash flows

on tax, cash and/or GAAP basis as required

• Corporate accounts payable, and timely processing of debt service, rent, and payroll

• Prepare workpapers for outside accounting firm on annual audit and tax return prep

• Review tax returns and financial statements prior to issuance

• State tax estimates, and other compliance filings to keep entities in good standing

• Preparation of source/uses and capital schedules, and related journal entries for posting

• Tracking investor funding and capital accounts, capital calls

• Lender compliance, including pre-close checklists, ongoing loan covenants and reporting

• Reviewing draft closing statements including prorations and handle post closing true-ups

• Cash flow and taxable income reporting/forecasts

• Calculation of tax basis for estimate of gain on sale

• Create structure charts and review operating agreements

Salary: $175,000-$200,000

Metro NYC

Email resumes to ypolon@gmail.com