Job Description

Assistant Controller

Our client is seeking a highly skilled and proactive Assistant Controller to join their team. This individual will play a key role in managing financial operations, overseeing accounting processes, and ensuring compliance with regulatory standards. The ideal candidate has a strong accounting background, exceptional attention to detail, and the ability to think critically, follow through, and take initiative.

Key Responsibilities

Financial Management

• Assist in preparing and analyzing financial statements, including income statements, balance sheets, and cash flow projections.
• Ensure accurate and timely monthly, quarterly, and annual financial closings.
• Manage intercompany and investment/equity accounting.
• Oversee and monitor year-end audit and tax return processes, working with multiple CPA firms and property accountants.
• Develop and maintain strong internal controls to safeguard company assets and mitigate risks.

Asset & Project Management

• Monitor financial accounts for up to 15 properties, ensuring accuracy and compliance.
• Work with property accountants and asset management teams to verify timely and accurate financial reporting.
• Ensure project job costs reflect actual expenses, including proper charges, accruals, and budget updates.
• Oversee the cost certification process for completed projects.
• Maintain accuracy and timeliness in construction draw requests.

Compliance & Reporting

• Ensure compliance with GAAP, HUD, LIHTC, and other applicable financial regulations.
• Coordinate internal and external audits, preparing required supporting documentation.
• Manage tax reporting and compliance requirements with lenders and investors.

Budgeting & Forecasting

• Assist in the development and monitoring of project budgets and financial forecasts.
• Collaborate with leadership and project managers to align financial goals with project milestones.

Process Improvement & Leadership

• Identify and implement efficiencies to streamline accounting processes.
• Supervise and mentor accounting staff, fostering professional development and best practices.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field; CPA preferred.
• 5+ years of progressive accounting experience, including 2+ years in a supervisory role.
• Experience in real estate development, affordable housing, or partnership accounting.
• Proficiency in accounting software (e.g., Yardi, Viewpoint Spectrum) and Microsoft Excel.
• Knowledge of GAAP, HUD, LIHTC compliance, and cost certification.
• Strong analytical, problem-solving, and organizational skills.
• Ability to work independently, think proactively, and follow through on projects.

Compensation

• $140,000 – $150,000 base salary , with additional benefits and incentives.

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