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    Controller - Los Angeles, United States - LM Recruiting Group

    LM Recruiting Group
    LM Recruiting Group Los Angeles, United States

    1 week ago

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    Description
    CONTROLLER

    A private commercial real estate investment firm focused on the value-add acquisition of office, retail, and multi-family properties throughout the Western United States is seeking an exceptional Controller to join our team in the Los Angeles office.

    Duties:
    • Responsibility for oversight and management of the accounting staff
    • Oversight of the monthly closing of books, and overall responsibility for financial statement preparation.
    • Oversight of the annual CAM reconciliation process and approval of final CAM recs.
    • Responsible for the training of accounting staff.
    • Oversight of quarterly investor reporting.
    • Coordinate and assist with internal and external audits.
    • Responsible for the maintenance and revisions of accounting policies and procedures.
    • Assist 3rd party tax preparer and maintain a schedule of tax return deadlines.
    • Perform administrative functions related to MRI
    • Assist with the coordination of responses for information from our insurance broker.
    • Manage Payroll.
    • Ability to read and interpret commercial real estate leases.
    • Initiate approved wire transfers for acquisitions and other purposes.
    • Prepare and analyze financial reports, including balance sheets, P&L statements, and tax returns.
    • Assist in the preparation and presentation of monthly financial results on a timely basis.
    • Maintain the general ledger.
    • Work with tax preparer to deliver tax returns and K-1s to investors in a timely manner.
    • Understand and record complex Real Estate transactions.
    • Develop and maintain appropriate accounting processes and internal controls.
    • Contribute to developing accounting procedures and strategies to improve efficiency by exploring new tools and software.
    • Design and implement managerial reports and analysis.
    • Assist in maintaining forecasted consolidated cash flows and business strategy models.
    • Evaluate and explain budget variances.
    • Oversee accounts payable, bank reconciliations, and contract administration.
    • Oversee Construction Project Cost Control & Reporting Package.
    • Oversee and maintain construction loan draws and communicate with Lender representatives.
    • Analyze and record acquisitions and dispositions.
    • Responsible for capital calls and distributions
    • Review and analyze monthly third-party property management reports.
    Required:
    • Business degree required (Accounting major preferred)
    • CPA license is a plus
    • Public accounting experience a plus
    • At least 10 years of accounting experience required
    • At least 5 years of broad-based accounting for real estate experience
    • At least 2-5 years active supervisory experience required
    • Excellent verbal and written communication skills
    • Solid organizational skills, including the ability to prioritize and multi-task
    • Working knowledge of Microsoft Office Suite, including Word, Excel, and Outlook
    • Ability to multi-task and work in a fast-paced environment
    • Must possess strong work ethic
    • Must be a team player
    • MRI experience strongly preferred
    Job Type: Full-time

    Salary: $105, $145,000.00 per year

    Benefits:
    • 401(k)
    • Dental insurance
    • Health insurance
    • Life insurance
    • Paid time off
    • Vision insurance
    Physical setting:
    • Office
    Schedule:
    • Monday to Friday
    Supplemental pay types:
    • Bonus pay
    Experience:
    • Real Estate Accounting: 5 years (Preferred)
    Work Location: In person
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