Controller – Portfolio Accounting

Controller – Portfolio Accounting Overview

• The Controller – Portfolio Accounting leads financial operations for a diversified real estate portfolio, ensuring compliance and accuracy in reporting.
• Oversee assistant controllers and portfolio accountants, fostering a collaborative and efficient accounting team.
• Manage property accounting and fund-level reporting for acquisitions, dispositions, and investments.
• Collaborate with asset and portfolio management teams to optimize financial strategies.
• Engage with third-party service providers, including auditors, tax preparers, and legal counsel.
• Handle investor requests and maintain robust client relationships through effective communication.
• Ensure compliance with debt agreements and regulatory requirements, maintaining financial integrity.
• Contribute to the firm's performance metrics, corporate budgeting, and strategic planning initiatives.

Controller – Portfolio Accounting Key Responsibilities & Duties

• Lead accounting and reporting for direct real estate investments and joint ventures.
• Review quarterly consolidations, financial statements, and client reporting processes.
• Manage year-end audits and ensure timely financial statement preparation.
• Oversee compliance with debt agreements and reporting requirements.
• Collaborate with corporate accounting teams to align performance metrics and budgets.
• Supervise assistant controllers and portfolio accountants, ensuring operational efficiency.
• Coordinate with asset management teams to align financial strategies with portfolio objectives.
• Engage with external auditors, tax professionals, and legal advisors for compliance and planning.

Controller – Portfolio Accounting Job Requirements

• Bachelor of Arts degree in Accounting or related field required.
• 10-15 years of experience in real estate portfolio accounting or audit.
• CPA certification and public accounting experience, preferably with Big 4 firms.
• Proficiency in Excel and data management tools; MRI or Yardi experience preferred.
• Strong analytical, written, and verbal communication skills.
• Experience with REIT structures and private equity accounting is a plus.
• Familiarity with Workiva or Anaplan software is advantageous.
• Proven ability to manage teams and collaborate across departments.