What are the responsibilities and job description for the Assistant Controller position at Rivergate KW Management LLC?
SUMMARY
With the Controller position being sunset, the Assistant Controller will assume day-to-day ownership of the accounting function while partnering with leadership on strategic finance initiatives. The role is hands-on: supervising the Accounting teams, managing the monthly close, producing accurate and timely financial statements, and driving process and system improvements that support our growing real-estate development, investment, and property-management platform.
ESSENTIAL DUTIES & RESPONSIBILITIES
(Other duties may be assigned as business needs evolve.)
Monthly/Quarterly/Annual Close & Reporting
- Create, publish, and manage the monthly/quarterly financial-review schedule.
- Lead the month-end close; review and post all journal entries, accruals, and reclasses.
- Prepare and/or review property-level and consolidated financial statements (P&L, balance sheet, cash flow).
- Investigate and explain variances; deliver clear, actionable commentary to senior leadership and investors.
- Maintain and enforce a master calendar of recurring due dates, deadlines, and covenant requirements.
Planning, Budgeting & Analysis
- Coordinate annual operating budgets and long-range forecasts for residential, commercial, and development entities.
- Provide cash-flow, ROI, and capital-project analysis; monitor performance of all investments and developments.
- Support quarterly distribution calculations for investors and ownership groups.
Team Leadership & Oversight
- Direct, coach, and mentor a team of Accounting Managers, Property Accountants, and Specialists.
- Oversee daily AP processing, vendor management, and weekly payment runs; ensure timely, accurate disbursements.
- Uphold a culture of accountability, service, and continuous improvement across the department.
Systems, Controls & Process Improvement
- Assist in documenting and updating Accounting Standard Operating Procedures (SOPs).
- Identify and implement software efficiencies (ERP, property-management, reporting, workflow, paperless initiatives).
- Maintain strong internal controls that safeguard assets and support GAAP compliance.
- Liaise with external auditors, tax preparers, lenders, and regulatory bodies; coordinate annual audit and tax filings.
PREFERRED QUALIFICATIONS
Education:
- Bachelor’s degree in Accounting or Finance required.
Experience:
- 4–7 years of progressive accounting experience, including at least 2 years supervising staff.
- Real-estate development, investment, or property-management background highly desired.
- Demonstrated success owning the close process and producing GAAP-level financial statements.
Skills:
Technical Expertise:
- Strong command of GAAP, internal controls, and financial-statement analysis.
- Advanced Excel skills (look-ups, pivots, modeling); experience with OneSite, Yardi, MRI, or similar property software.
- Ability to analyze large data sets and translate findings into clear business recommendations.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
- Largely a sedentary office role. Occasional filing, lifting (up to 25 lbs.), or standing on a small step-stool may be required.
This job description is not all-inclusive and other duties may be assigned.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.