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Controller - Commercial Real Estate
New York City, NY
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Controller - Commercial Real Estate


We are seeking a hands-on Controller to lead financial operations within a fast-paced, collaborative real estate environment. This role oversees reporting, compliance, and accounting across a high-volume commercial and retail portfolio, while partnering closely with senior leadership.


Responsibilities:



  • Prepare and review consolidated financial statements, investor reporting packages, and capital call notices
  • Lead monthly, quarterly, and annual close processes in accordance with U.S. GAAP
  • Coordinate year-end audits and support external auditors
  • Develop and manage annual budgets and periodic forecasts
  • Review general ledger activity, journal entries, accruals, and balance sheet reconciliations
  • Oversee accounts payable/receivable, cash receipts, and rent roll accuracy
  • Manage bank reconciliations, cash flow projections, and loan draws
  • Administer distribution waterfalls, security deposits, and letters of credit
  • Perform variance analysis and financial performance reporting
  • Ensure compliance with partnership agreements, loan covenants, and regulatory requirements
  • Review leases, loan documents, and management agreements
  • Oversee CAM reconciliations, real estate tax escalations, and tax certiorari coordination
  • Prepare 1099s and support tax reporting processes
  • Implement and maintain strong internal controls
  • Supervise, mentor, and develop accounting staff
  • Identify and drive process improvements to enhance efficiency
  • Collaborate cross-functionally with internal teams and external partners


Qualifications:


  • Bachelor’s degree in Accounting or Finance
  • 7+ years of progressive accounting experience, including 5+ years in a property controller role (NYC commercial/retail preferred)
  • Strong experience with Yardi (Voyager required)
  • Deep knowledge of U.S. GAAP and real estate accounting practices
  • Advanced Excel skills
  • Proven leadership and team management experience
  • Strong communication, organizational, and analytical abilities
  • Ability to manage multiple priorities in a deadline-driven environment 
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