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Controller - Limited Partnership & Related Entity
$173k-241k (estimate)
Full Time | Social & Legal Services 3 Months Ago
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Volunteers of America - Greater New York, Inc. is Hiring a Controller - Limited Partnership & Related Entity Near New York, NY

Position: Controller (Limited Partnerships and Related Entities The Controller (Limited Partnerships and Related Entities) is responsible for managing designated administrative and operational management as well as fiscal reporting and budgeting for the VOA-GNY managed limited partnerships and real estate related entities. Location: 135 West 50th Street • New York, NY 10020 Minimum Qualifications:Bachelor’s degree required, with at least eight years of progressively increasing experience in financial management. Accounting major preferred; CPA required. Strong interpersonal, communication, analytical and conceptual skills and related supervisory experience required.Strong background and broad knowledge of GAAP. Knowledge of Yardi a plus and required within four months of assuming role.Preferred experience in not profit housing development (Low-income housing tax credit development “LIHTC”). Knowledge and ability to use an in-house PC-based accounting system in a network environment, including ability to create, run, and verify reports. Expertise with Excel/Word is essential. Capable of taking independent action and taking initiative to recommend and implement required improvements.This position requires the ability to successfully manage multiple projects under deadlines. Controller (Limited Partnerships and Related Entities Principal Responsibilities: Manage designated related entity (real estate) functions.Supervise the operating and capital budget process prior to the fiscal year end Finance Committee and Board meeting cycle and annual budgets prepared for syndicator review.Oversee the monthly closing of the related entities (real estate) limited partnerships. Review monthly and annual reporting packages prior to submission to investors for accuracy and to diagnose operational matters requiring attention. Work with property management and asset management colleagues to ensure accurate budgets and compliance reporting. Coordinate with external auditors on the performance of the year end audits for the limited partnerships. Interpret various agreements including management agreements, loan agreements, partnership agreements, operating agreements, and lease agreements. Supervise Director of Asset Management.Prepare and manage Audited financial statements and tax reporting including 1120, 1065 and 990 for related entities reporting requirements.Acts as liaison with external parties including syndicators representing limited partners, government partners and auditors.Manage Limited Partnership and Related Entities’ operations, analyze financial results, reports and make recommendations for operational improvements. Prepare monthly and quarterly variance analyses using agency produced financial reports and systems (including MIP, Microix). Explain variations and recommend steps for operational improvement. Ensure that all expenses are incurred are properly recorded timely.Member of cash flow team and contributes to the weekly cash flow process.Manage other administrative functions, and special projects.Supervise assigned staff. Employees receive an exceptional benefits package includingMedicalDentalVisionPrescription coverageLife insurance,Retirement planEducational Reimbursement Program (includes tuition and license/certification)Paid Time Off which is accrued monthly and roles over from year to year. In addition;Paid Birthday HolidayAnd much more…

Job Summary

JOB TYPE

Full Time

INDUSTRY

Social & Legal Services

SALARY

$173k-241k (estimate)

POST DATE

02/05/2024

EXPIRATION DATE

07/04/2024

WEBSITE

voa-gny.org

HEADQUARTERS

BRONX, NY

SIZE

1,000 - 3,000

FOUNDED

1896

TYPE

Private

CEO

MARSHALL FAUNTLEROY

REVENUE

$50M - $200M

INDUSTRY

Social & Legal Services

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