Controller POST NUMBER: 420566

Jersey City, NJ, US On-Site
August 14th, 2024
Real Estate
Vaco
$ 135000.00 - 165000.00 yearly
direct hire
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Position Overview

The Financial Controller will oversee financial planning and accounting functions for a real estate firm and its partners. This role includes managing the monthly closing process, billing, accounts receivable, accounts payable, assisting in annual property budget preparation, and coordinating audits and tax filings with external CPA firms. As part of the team, the Controller will help develop and implement policies, procedures, and systems to enhance internal efficiency and reduce reporting timelines while maintaining the integrity of financial data.

Key Responsibilities

  • Manage the monthly financial close, billing, accounts receivable, accounts payable, and cash flow.
  • Ensure timely and accurate production and review of financial reports, and communicate results internally and with partners.
  • Assist in preparing annual property budgets and forecasts.
  • Prepare supporting documents for monthly financials, property budgets, annual audits, and tax returns.
  • Develop, document, and uphold effective internal controls.
  • Identify and implement systems or processes to enhance internal efficiency, shorten reporting times, and ensure data accuracy.
  • Supervise accounting staff and oversee the use of Yardi for general ledger functions.
  • Establish and manage the company’s financial reporting IT system.
  • Ensure compliance with GAAP standards, regulatory requirements, and partner needs across all accounts and ledgers.
  • Undertake additional tasks and projects as assigned.

Required Skills & Qualifications

  • Detail-oriented with a strong focus on meeting deadlines and delivering high-quality work.
  • Proficient in GAAP, tax, financial reporting, data analysis, and forecasting techniques.
  • Capable of handling multiple tasks while maintaining organization.
  • A collaborative team player with excellent prioritization skills.
  • Proficient in Microsoft Office Suite and Yardi software.
  • Strong written and verbal communication skills with the ability to interact effectively with various organizational levels and external parties.
  • Excellent problem-solving abilities and strategic thinking.
  • Experience in analyzing data to provide actionable recommendations.
  • Knowledgeable about the real estate sector, including construction, commercial, and multi-family properties.
  • Adaptable in a dynamic and fast-paced environment.

Experience

  • 10 to 15 years of progressive experience in real estate management.

Equipment and Travel

  • The role may require using a personal or company-provided vehicle for bank deposits, property visits, and other duties. Safe driving is essential.
  • Professional attire is required.
  • Some travel to other company locations may be necessary based on business needs.

Education

  • Bachelor’s degree in accounting, finance, or business administration.
  • Public accounting audit experience is preferred but not essential.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

  • the individual’s skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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