What are the responsibilities and job description for the Property Controller position at Soni?
Soni Resources is partnering with a property management client near East Brunswick, NJ, on the search for a Property Controller.
The Property Controller will oversee the accounting operations and financial performance of a growing industrial and commercial real estate portfolio. This is a hands-on leadership role responsible for full-cycle property accounting, financial reporting, budgeting/forecasting, lease and CAM accounting, and strategic financial support for ownership and operations.
The ideal candidate is both detail-oriented and strategically minded, someone who can dive into the numbers, lead a small team, communicate clearly with a variety of stakeholders, and bring a personable, collaborative presence to a family owned environment.
Responsibilities:
Property & Financial Accounting
- Lead full-cycle accounting for a 70 industrial/commercial portfolio (GL, AP, AR, cash).
- Manage month/quarter end close, including entries, accruals, reconciliations, and financial statements.
- Prepare monthly, quarterly, and annual reporting packages.
- Perform variance analysis vs. budget, forecast, and prior periods.
Budgeting, Forecasting & Analysis
- Lead annual budgeting with property management and leasing.
- Manage forecasting tied to leasing, market shifts, and operational changes.
- Provide financial analysis to support asset management and ownership decisions.
Lease, CAM & Tenant Accounting
- Oversee lease abstraction, rent schedules, escalations, recoveries, and concessions.
- Manage CAM reconciliations and tenant billings.
- Monitor rent collections and AR aging; support collection efforts.
Operations & Team Leadership
- Oversee AP workflows, coding, approvals, and payment controls.
- Partner with property and leasing teams on daily financial/operational decisions.
- Supervise and develop two accountants plus admin support.
- Support tax workpapers, audits, lender requests, and process improvements.
Requirements:
- Bachelor’s in Accounting or Finance.
- 8 years progressive accounting experience.
- Strong property accounting background.
- Experience in financial reporting, budgeting, CAM, and lease accounting.
- Solid GAAP knowledge; advanced Excel.
- Strong communication skills for non-finance audiences.
- Hands-on, collaborative approach suited to a family-owned environment.
- Proven ability to lead and mentor staff.
Preferred Qualifications:
- Commercial/industrial real estate experience (strongly preferred).
- CPA or CPA progress.
- Experience supervising a small team.
- Strong analytical and process improvement mindset.
Compensation: $130,000 - $150,000
Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.
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Salary : $130,000 - $150,000