Controller POST NUMBER: 430727
Job Title: Controller
Salary: $150,000 - $175,000 (commensurate with experience)
Location: Jersey City (on-site 5 days a week, with potential for remote work on Fridays)
Position Overview
The Controller will oversee the financial operations of the company, ensuring efficient management of accounting functions for both the company and its partners. This leadership role is pivotal in guiding the monthly closing process, billing, accounts payable/receivable, cash flow management, and budget planning. The Controller will work closely with external CPA firms for the completion of annual audits and tax filings, and will be instrumental in developing and refining internal controls, processes, and systems aimed at enhancing efficiency and maintaining financial accuracy. The ideal candidate will be a strategic thinker with strong leadership skills, capable of fostering a team-oriented and process-driven financial environment.
Key Responsibilities
- Financial Oversight: Manage the monthly close process, including billing, accounts payable and receivable, and cash flow management.
- Reporting and Communication: Ensure the accurate and timely preparation of financial statements, presenting key results to internal stakeholders and external partners.
- Budgeting & Forecasting: Assist in the creation of annual property budgets and forecasts, ensuring alignment with company financial goals.
- Documentation & Compliance: Prepare work papers to support monthly financial statements, property budgets, property audits, and tax filings.
- Internal Controls: Establish, document, and maintain effective internal controls to ensure accuracy and compliance.
- Process Optimization: Identify and implement strategies to improve internal systems, streamline reporting timelines, and uphold financial data integrity.
- Team Management: Lead and mentor the accounting team, ensuring alignment with organizational objectives.
- Systems Oversight: Oversee the management and setup of the company’s financial reporting systems, ensuring reliability and functionality.
- Compliance: Monitor all accounts and ledgers for adherence to GAAP standards, regulatory guidelines, and partner requirements.
- Ad Hoc Projects: Support additional projects and tasks as needed, contributing to the overall financial strategy of the company.
Skills & Qualifications
- Financial Acumen: Strong knowledge of GAAP, taxation, and financial reporting, with expertise in data analysis and forecasting techniques.
- Multitasking & Organization: Ability to manage multiple priorities effectively while maintaining high-quality standards and meeting deadlines.
- Team Collaboration: A proactive and responsive team player with excellent communication skills at all organizational levels, including with external parties.
- Tech-Savvy: Proficient in Microsoft Office Suite and YARDI software, with a knack for adopting new tools to improve financial operations.
- Problem Solving & Strategy: Demonstrated ability to think strategically and offer insights based on data analysis and business trends.
- Industry Knowledge: Familiarity with the real estate, construction, commercial, and multi-family sectors.
- Adaptability: Comfortable working in a dynamic, fast-paced environment, capable of pivoting to meet changing business needs.
Experience
- Minimum 10-15 years of progressively responsible experience in a real estate management or related environment, with a strong background in financial leadership.
Education
- A bachelor’s degree in accounting, finance, or business administration is required.
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.