- Manage bank relationships and daily cash balances, ensuring necessary cash checking account balances while maximizing interest earnings.
- Oversee the cash receipts from all tenants, and disbursements including annual insurance and property tax processing and approving invoices processed through Yardi workflow.
- Manage the requirements for notes payable including lines of credit, construction loans, private, bank and life insurance loans.
- Acts as the main point of contact for quarterly and annual compliance reporting and ad hoc questions.
- Administer MIMCO's payroll process ensuring compliance with all regulations.
- Build and distribute cashflow reports for all partnerships on a monthly and quarterly basis.
- Issue all distributions to partnerships.
- Oversee the day-to-day work of the Accounting department including a team of 5 in-house Accountants and 3 external CPA staff.
- Work closely with peers in other departments to ensure MIMCO's goals and business objectives are consistently met and departments are working in alignment.
- Set departmental goals, track progress and adjust as needed to align with company goals and priorities.
- Develop clear standards and metrics to measure employee performance and conduct regular reviews of staff performance against established goals and expectations.
- Manage department's hiring plan and lead hiring efforts as needed.
- Develop processes to onboard new employees, determine training needs for Accounting staff and build training and career development plans for employees.
- Abide by all company policies and procedures and local, regional and federal regulations, and ensure team compliance with same.
- Perform any and all other duties and responsibilities as directed and assigned by management.
- Business development and property acquisition/disposition;
- Planning, design and construction;
- Leasing and marketing;
- Property management and maintenance;
- Debt and equity origination and placement;
- Investor relations and financial reporting;
- Legal services from contract review and negotiation to litigation management.
- 4-year degree in accounting or similar area of study required.
- Master's degree in accounting or CPA preferred.
- Minimum of five (5) years of experience as a controller or similar role required; real estate experience preferred.
- Minimum of two (2) years experience managing and leading teams.
- Experience with real estate transactions and property management highly desirable.
- Ability to multi-task and prioritize work assignments to meet deadlines and job requirements.
- Excellent organizational and leadership skills.
- Ability to clearly articulate objectives and goals and accurately assess and communicate employee performance.
- Ability to foster a team environment and work collaboratively with peers and senior management.
- Strong experience in project management and budgeting.
- Strong written and verbal communication skills.
- Excellent customer service and interpersonal skills.
- Experience with Yardi or other large ERP system preferred.
- Bilingual (English/Spanish) preferred with the ability to read and communicate verbally and in written form in English.
- Ability to sit most of the time using office equipment and computers but may involve walking or standing for brief periods of time.
- Ability to lift, push and pull a minimum of 20 pounds.
- Ability to climb stairs in an office building.
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Controller - El Paso, United States - MIMCO LLC
Description
Job Description
Job DescriptionDescription:Position Summary:
The Controller serves on MIMCO's leadership team and is responsible for all functions of the Accounting Department including managing company financial operations, conducting timely and accurate financial reporting and maintaining effective financial and business controls. The Controller manages both internal Accounting personnel and external CPA staff and reports to the Chief Operating Officer.
Essential Functions:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Company Overview
MIMCO was founded in 1972 to provide real estate investment and property management services in El Paso, Texas. Over the last 50 years, our managed portfolio has grown to include approximately 325 properties across Texas, New Mexico, and Arizona, with a focus on shopping centers.
MIMCO is unique in a few significant ways. Most notably, MIMCO only manages properties in which we have a vested interest, so we take great pride and extra care to ensure our properties are well maintained and that we are responsive to tenants' needs. This strategy has been the key to our success, drawing in regional and national tenants and leading to repeat business with companies like Starbucks, Big Lots, Peter Piper Pizza and countless local small businesses in El Paso, Las Cruces, San Antonio, Corpus Christi and beyond.
Additionally, our business has evolved over the years into a full-scale real estate investment, development and management company. In addition to property management, our teams provide services including:
MIMCO is invested in building and developing the communities where we live and work, and is always looking for talented, passionate, capable people to join our team. If you are interested in pursuing a career with MIMCO, begin your search for open positions here.
Equal Employment Opportunity
MIMCO is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, national origin, citizenship, age, disability or any other protected trait.
Requirements:Minimum Education:
Minimum Experience:
Minimum Skill Requirements:
Physical Demands: