Controller POST NUMBER: 411072

Fairfield, NJ, US On-Site
May 15th, 2024
Real Estate
Vaco
$ 175000.00 - 225000.00 yearly
direct hire
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Our client , a mid-size Commercial Real Estate Investment Co is currently seeking a Controller.  This role will report to the COO and be Hybrid, 3-days in-office and 2 WFH and manage a small staff. This role will be very hands-on with minimal delegation on responsibilities required.

Responsibilities:

- Oversee and implement all accounting and reporting operations and financial management functions including audits of annual budgets and CAM reconciliations.
- Monitoring of monthly  budgets to review individual project cash flows.
- Lead in the development and maintenance of the Co's policies and implement procedures to minimize risk and increase efficiency.
- Lead investor relations including investor communications, distributions and capital calls.
- Complete complex 1031 exchange analysis for investors and internal stakeholders.
- Correspond with company’s lenders and monitor debt covenants for the portfolio as well as preparation and review of quarterly bank covenant compliance documentation.
- Preparation of semi-annual property value reforecasts.
- Assist with asset management including sales, refinances, property insurance, cash flow, and scenario analysis.
- Lead the Company’s risk management/insurance book including all property insurance and corporate-level insurance, including annual portfolio insurance renewals and ensuring new properties are properly insured.
- Handle yearly tax resposnibilities

Qualifications
Bachelors Degree in Accounting or Finance
CPA ideally
Public Accounting experience - ideally with real estate clients
Yardi Expertise ideal
Commercial Real Estate Co expertise

CO offers top tier benefits and bonus structure!

 

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.

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