Assistant Controller POST NUMBER: 445150
Role: Assistant Controller
Salary: $160,000 - $180,000/annually Bonus
Location: Union Square - *5 days a week onsite*
Hours: 9:00am - 6:30pm
Job Description:
RESPONSIBILITIES
Job responsibilities include but are not limited to:
- General Accounting & Financial Reporting
- Record, review, and approve journal entries.
- Ensure proper coding and classification of expenses.
- Recording Financing Transactions
- Support treasury management functions, including cash flow forecasting and fund transfers.
- Improve processes and controls to enhance efficiency and accuracy.
- Ensure compliance with internal controls, policies, and external regulations.
- Collaborate with auditors, tax advisors, and external stakeholders as needed.
- GL/MRI setup/maintenance – help coordinate the setup of new properties, GL accounts, banking setups, and report design.
- Backup check signer
- Review, and approve distributions.
- Reconcile, and manage intercompany balances.
- Monitor internal loans for repayments.
- Review, and oversee mortgage obligations: expirations, trigger dates, and required payments.
- Review of new mortgage setup and record initial closing.
- Monitor annual NYC tax assessments, work with attorneys to address high increases, and review certiorari offers for acceptance/rejection.
- Ad hoc account analysis/ review – balance sheet accounts
- Reconcile monthly payroll clearing accounts.
- Maintain detailed schedules of foreign currency activities for GL and banking reporting.
- Manage detailed GL activities for foreign entities and complete yearend writeups for Auditors
- Maintain a schedule of letters of credit to track expirations and keep appropriate renewals up to date and processed.
- Help to clear bank rec issues and determine underlying causes for subsequent procedural or other improvement.
REQUIREMENTS
- Bachelor’s degree in accounting or finance
- Experience in the real estate industry and management is a must.
- Proven experience as a Senior Accountant, Assistant Controller
- Strong knowledge of financial concepts, real estate and transactional work, and accrual accounting principles.
Vaco by Highspring 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 by Highspring 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 by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring 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 by Highspring 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 by Highspring 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 by Highspring 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 by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring 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 by Highspring 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 by Highspring 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.