Controller - Multifamily CPA

Monsey, NY

$100,000 - $125,000

Our client is seeking a skilled Certified Public Accountant (CPA) with a minimum of 2 years of experience in multifamily real estate accounting to join their dynamic team. This role will focus on managing financial reporting, tax compliance, and strategic financial planning for our multifamily property portfolio, ensuring accuracy and adherence to industry standards.

Responsibilities:

• Financial Reporting: Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements, for multifamily properties in accordance with GAAP (Generally Accepted Accounting Principles).
• Tax Compliance: Manage tax planning and compliance, including preparation and filing of federal, state, and local tax returns specific to multifamily real estate operations. Ensure compliance with tax regulations and optimize tax strategies.
• Budgeting and Forecasting: Assist in developing annual budgets and financial forecasts for multifamily properties, collaborating with property managers and senior leadership to align financial goals.
• General Ledger Management: Oversee the general ledger, ensuring accurate recording of transactions related to property operations, including rent rolls, operating expenses, and capital expenditures.
• Audit Support: Coordinate and support internal and external audits, providing necessary documentation and explanations to ensure a smooth and efficient audit process.
• Accounts Reconciliation: Perform monthly reconciliations of bank accounts, tenant ledgers, and other financial accounts to ensure accuracy and resolve discrepancies.
• Financial Analysis: Conduct variance analysis and provide actionable insights to management regarding property performance, identifying opportunities for cost savings and revenue enhancement.
• Compliance and Risk Management: Ensure compliance with all financial regulations and internal policies, identifying and mitigating financial risks associated with multifamily real estate operations.
• Process Improvement: Identify and implement process improvements to enhance the efficiency and accuracy of financial reporting and accounting operations.
• Collaboration: Work closely with property management teams, asset managers, and other departments to provide financial insights and support strategic decision-making.

Qualifications:

• Education: Bachelor’s degree in Accounting, Finance, or a related field. Must be a Certified Public Accountant (CPA) in good standing.
• Experience: Minimum of 2 years of accounting experience, with a focus on multifamily real estate accounting. Experience with property management software (e.g., Yardi, Entrada, RealPage) is highly desirable.
• Strong understanding of GAAP and real estate accounting principles.
• Proficiency in accounting software, Microsoft Excel, and financial reporting tools.
• Excellent analytical and problem-solving skills.
• Detail-oriented with a high degree of accuracy in financial reporting.
• Strong organizational and time management skills.
• Effective communication skills, both written and verbal.
• Attributes: Proactive, team-oriented, and able to work independently in a fast-paced environment. Ability to handle confidential information with integrity.

This is a full time in person position