The Role
The Senior Controller oversees accounting staff, monthly close, financial statement preparation, CAM reconciliations, audits, accounting policies, and Yardi administration. The role coordinates accounting training and responses to tax, insurance, and property tax professionals, and initiates approved wire transfers. It requires strong real estate accounting expertise, supervisory experience, CPA licensure, and travel to consultants in the Philippines twice annually.
Summary Generated by Built In
SENIOR CONTROLLER www.bhproperties.com
COMPANY
BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States, along with investments in distressed debt and ground leases. The Company is vertically integrated, with offices in Los Angeles, Riverside, San Francisco, San Diego, Seattle, Phoenix, Austin, Dallas, and Houston, and is able to acquire and close transactions without the need for lengthy due diligence periods. Our 32-year track-record and balance sheet allow us to move quickly and creatively, structuring acquisitions to satisfy seller needs in a highly competitive market. Today, the Company owns and operates approximately 10M square feet across 18 states.
POSITION
The Senior Controller will report to the Senior Managing Director.
LOCATION
Los Angeles, CA
RESPONSIBILITIES
Including, but are not limited to:
QUALIFICATIONS
COMPENSATION
$170K-$220K base
We offer a generous and comprehensive compensation & benefits package, along with the opportunity for professional growth and development within a well-capitalized, entrepreneurial, and growing real estate investment group.
COMPANY
BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States, along with investments in distressed debt and ground leases. The Company is vertically integrated, with offices in Los Angeles, Riverside, San Francisco, San Diego, Seattle, Phoenix, Austin, Dallas, and Houston, and is able to acquire and close transactions without the need for lengthy due diligence periods. Our 32-year track-record and balance sheet allow us to move quickly and creatively, structuring acquisitions to satisfy seller needs in a highly competitive market. Today, the Company owns and operates approximately 10M square feet across 18 states.
POSITION
The Senior Controller will report to the Senior Managing Director.
LOCATION
Los Angeles, CA
RESPONSIBILITIES
Including, but are not limited to:
- Oversight of the Accounting staff, including direct supervision of the AP Manager, AR Manager and GL Manager.
- Oversight of the monthly close process, and overall responsibility for financial statement preparation.
- Oversight of the annual CAM reconciliation process and approval of final CAM recs.
- Responsible for coordinating the training of Accounting staff.
- Responsible for coordinating responses to both internal and external audits.
- Responsible for the maintenance and revision of Accounting policies and procedures.
- Perform administrative functions related to Yardi.
- Assist with the coordination of responses for information from our third party tax preparer, insurance broker, and property tax consultant.
- Initiate approved wire transfers for acquisitions and other purposes.
- Visit with the consultants in the Philippines twice a year.
QUALIFICATIONS
- CPA license
- Public accounting experience a plus
- At least 10 years of accounting experience required
- At least 5 years of broad-based accounting for real estate experience
- At least 5 years of active supervisory experience required
- Excellent verbal and written communication skills
- Solid organizational skills, including the ability to prioritize and multi-task
- Working knowledge of Microsoft Office Suite, including Word, Excel, and Outlook
- Ability to multi-task and work in a fast-paced environment
- Must possess strong work ethic
- Must be a team player
- Yardi experience preferred
COMPENSATION
$170K-$220K base
We offer a generous and comprehensive compensation & benefits package, along with the opportunity for professional growth and development within a well-capitalized, entrepreneurial, and growing real estate investment group.
Skills Required
- CPA license
- At least 10 years of accounting experience
- At least 5 years of broad-based accounting experience in real estate
- At least 5 years of active supervisory experience
- Excellent verbal and written communication skills
- Strong organizational skills, including prioritization and multitasking
- Working knowledge of Microsoft Office Suite, including Word, Excel, and Outlook
- Ability to multitask and work in a fast-paced environment
- Strong work ethic
- Team-oriented mindset
- Public accounting experience
- Yardi experience
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The Company
What We Do
BH Properties acquires and maximizes the value of underperforming properties, such as former big-box retail sites that have significant vacancies and/or negative cash flow. We reposition these assets and patiently seek out the right tenants for the location. With upgrades and refurbishing, BH Properties successfully transforms such properties into attractive consistently profitable investments. We take pride in our reputation as trusted business partners, known for working through challenges with sellers and buyers to allow both parties to fulfill their investment strategies. Headquartered in Los Angeles, BH Properties also has regional offices in Dallas, Phoenix and Riverside.
