Assistant Controller

Posted 7 Days Ago
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Folsom, CA, USA
In-Office
80K-130K Annually
Mid level
Real Estate
The Role
The Assistant Controller leads a team of accountants, ensuring accurate financial statements, communicating with clients, and coordinating budgets while conforming to accounting principles.
Summary Generated by Built In

Company Overview

Asset Living is a third-party management firm and a proven partner in fostering thriving communities nationwide. Founded in 1986, Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning, our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions.   

Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US. At Asset Living, we wholeheartedly believe 'Together We Lead, Together We Succeed. We empower each other to lead by example, collaborate, and evolve – inspired by our belief that we can continually improve as individuals and as an organization. Together, we create an environment where every voice is heard, every idea is valued, and every individual experiences opportunities to grow as our company grows. When you join Asset Living, you become part of a dynamic team that thrives on unity, unique talents, and a universal culture of winning.    

Recognized as one of the nation's Best and Brightest Places to Work and ranked in the NMHC top 50 professionals, join Asset Living because of its reputation as the most trusted partner in real estate, workplace culture, and growth opportunities. Asset Living is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). Together, we lead the way, and together, we achieve excellence in all that we do. Join a workplace where success is a collective journey and leadership is a shared responsibility.

Assistant Controller

The Assistant Controller will provide leadership and coordination of property financial statements for a group of clients. The Assistant Controller leads a team of accountants and has regular interaction with clients and auditors. Together with other Assistant Controller, ensure accounting procedures conform to generally accepted accounting principles.

Essential Duties & Responsibilities

  • Responsible for the supervision of the accounting for a specific team of accountants.
  • Ensures the delivery of financial statements within the required client delivery date.
  • Communicates regularly with clients to discuss the financial performance of their properties and respond to accounting questions.
  • Responsible for the accuracy of financial statements prepared by a team of accountants.
  • Supervises the accounting team in reviewing rent rolls, reconciling bank statements and monitoring monthly operating results against budget.
  • Coordinate with operational team members to prepare and approve financial budgets for each property.
  • Coordinate with the Controller and CFO and other Assistant controllers to establish and implement short/long-range departmental goals, objectives, policies, and operating procedures.
  • Participate in the hiring process and annual performance reviews for a team of Senior Accountants, Accountants, and Junior Accountants.
  • Manage efficiency and make staffing recommendations in order to meet expected performance metrics.
  • Support a team of assistant controllers in the responding to financial audit requests and provide recommendations for procedural improvements.
  • Travel Requirement: This position does not require travel.

Education & Experience

  • Bachelor and/or Master’s Degree in Accounting or Finance
  • CPA Eligible or CPA Preferred
  • Previous 3rd party multi-family property management experience
  • Previous experience leading or managing a team of accountants
  • Excellent critical reasoning, quantitative, and analytical skills
  • Deep understanding of financial concepts
  • Excellent interpersonal, written, and verbal communication skills
  • Proven organizational skills with attention to detail

This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete nor permanent and may be modified at any time. At the request of their supervisor, an employee may be asked to perform additional duties or take on additional responsibilities without notice. This is a safety-sensitive position and may be subject to additional compliance requirements.


#LI-Hybrid

For individuals hired to work in California, Asset Living is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to the State of California and includes the range of factors considered in making compensation decisions including but not limited to skill sets; experience and training; certifications; etc. We would not anticipate that the individual hired into this role would be near the top end of the compensation range, but that decision will be dependent on the facts associated with each specific individual’s relevant experience for the role.  A reasonable estimate of the range is below.

California Pay Range
$80,000$130,000 USD
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The Company
Houston, Texas
2,890 Employees
Year Founded: 1986

What We Do

Asset Living is a third-party management firm and a proven partner in fostering thriving communities nationwide. Founded in 1986, Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning, our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions. Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US. At Asset Living, we wholeheartedly believe 'Together We Lead, Together We Succeed

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