Assistant Controller

New York, New York

 Vaco by Highspring
Job Expired - Click here to search for similar jobs
Client: Real Estate Development/Management Firm
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.
Proficient in Excel, Word, Outlook, and accounting software (e.g., MRI, Sage, Kyriba, Avid, Concur
Date Posted: 02 May 2025
Job Expired - Click here to search for similar jobs