Assistant Controller

Our client is a high-end commercial real estate group located in Los Angeles. They are seeking a Contract to Hire Assistant Controller to join their team. This role offers career growth, a competitive salary, and exceptional benefits. The Assistant Controller will report to the Controller and will be responsible for managing the accounting operations of the company, including the supervision of accounting staff, ensuring the accuracy of the general ledger, and preparing financial reports.

Job Summary:

We are seeking a detail-oriented and strategic Assistant Controller to support the financial operations of our commercial real estate portfolio. This role is ideal for a finance professional with strong technical accounting skills, leadership capabilities, and hands-on experience with Yardi. The Assistant Controller will play a key role in maintaining financial integrity, driving process improvements, and supporting the Controller with strategic initiatives, including task force assignments during periods of transition or growth.

Key Duties:

• General Ledger: Maintain and review the general ledger and subsidiary ledgers, ensuring accuracy and completeness of all entries.
• Financial Reporting: Prepare and analyze monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow statements.
• Month-End and Year-End Close: Manage and oversee the month-end and year-end close processes, ensuring timely and accurate completion of all closing procedures.
• Accounting Operations: Manage daily accounting operations, including accounts payable, accounts receivable, and lease administration.
• Lease Administration: Handle lease duties, including the accuracy of lease entry, billing, and cash receipts
• Accounts Payable/Receivable: Verifies accounts by reconciling statements and transactions. Resolves account discrepancies by investigating documentation, issuing stop payments and adjustments. Maintains financial security by following internal accounting controls. Secures financial information by completing database backups.
• Cash Management: Manage cash flow, including forecasting, budgeting, and variance analysis for each property.
• Financial Analyses: Analyze and interpret financial data, including financial statements, to ensure accuracy and compliance.
• Budgeting and Forecasting: Assist in the preparation of annual budgets and financial forecasts.
• Audit Support: Assist with audits and provide necessary documentation and support to internal and external auditors.
• Internal Controls: Establish and maintain internal controls to safeguard company assets and ensure compliance with accounting standards and regulations.
• Team Management: Supervise and mentor accounting staff, including hiring, training, and performance management.
• Systems: Utilize and optimize accounting systems, including Yardi and M3.
• Compliance: Ensure adherence to company policies, accounting standards, and regulatory requirements.
• Bank Reconciliations: Compare a company's internal financial records to its bank statements and resolve any discrepancies.

Qualifications:

• High School Diploma
• Bachelor’s degree in finance or accounting preferred
• Minimum of 5 years as an Assistant Controller in commercial real estate
• Proficient in Excel
• Must have used Yardi
• Minimum of 5 years managing an accounting team
• Must be able to work onsite

Job Types: Full-time, Contract

Pay: $95,000.00 - $150,000.00 per year