Controller

Description

We are a privately held multi-family real estate development and property management company with over 10,000 units under management and development across multiple states. We specialize in acquisition, development, construction, leasing and long-term asset management. We are seeking a controller to lead our accounting operations and support executive leadership with accurate and timely financial insights.

The controller will oversee all accounting functions for a multi-entity real estate portfolio, including financial reporting, budgeting, cash management, and oversight of accounts payable and accounts receivable. This role is ideal for a proactive, detail-oriented leader who is passionate about real estate and property management.

This role will report directly to executive leadership and manage a small accounting team.

Requirements

· Prepare and review monthly, quarterly, and annual financial statements for multiple entities.

· Oversee general ledger activity, journal entries, and account reconciliations.

· Manage multi-entity and consolidated financial reporting.

· Ensure compliance with GAAP and internal accounting policies.

Real Estate Accounting

· Review and approve operating expense calculations.

· Monitor rent rolls for accuracy.

· Coordinate with property managers and asset managers on budget-to-actual performance.

Budgeting & Forecasting

· Lead the annual budgeting process across the entire portfolio.

· Build forecasting models for cash flow, capital expenditures, and portfolio performance.

· Assist leadership with long-range planning, financial scenarios, and lender reporting packages.

Cash Management

· Manage day-to-day cash flow, banking relationships, and treasury functions.

· Oversee and support accounts payable team, ensuring timely and accurate vendor payments, vendor compliance, and support property managers and asset managers develop and grow vendor relationships.

· Oversee and support accounts receivable team, ensuring timely and complete resident payments, monitor tenant receivables, collections, and lease compliance billing.

Team Leadership & Systems

· Supervise accounting staff; provide coaching, training, and workflow oversight.

· Oversee and improve internal controls, processes, and financial procedures.

Audit, Tax & Compliance 

· Manage multiple property-level annual audits with external CPA firms – HUD / REAC experience a plus.

· Assist and manage portfolio-wide annual tax return preparation with external CPA firms – LIHTC experience a plus.

· Prepare lender compliance packages, financial covenants, and reporting.

· Maintain compliance with state and federal reporting requirements.

Qualifications

· Bachelor’s degree in accounting or finance required

· 5-8+ years of progressive accounting experience

· Real estate accounting experience required – residential preferred.

· Strong understanding of cash-basis and GAAP reporting.

· Experience with Yardi or similar property management software

· Strong leadership skills with prior supervisory experience.

· Excellent analytical, organizational, and communication skills.

Compensation & Benefits

· Competitive salary (based on experience).

· Health, dental, vision insurance

· 401(k) with company match

· Paid time off and holidays.

· Flexible mixed in-person and remote work environment.

Job type: Full-time

Job Location: Philadelphia, PA

Pay: $100,000.00 - $125,000.00 per year

PM19