What are the responsibilities and job description for the Commercial Real Estate Controller position at Trandon Associates, Inc?
Commercial Real Estate Controller
A well-established commercial real estate owner and manager is seeking an experienced Controller to oversee the accounting and financial operations of a portfolio of approximately 1 million square feet of office, retail, and commercial properties.
This is a hands-on role for an experienced real estate accounting professional who is comfortable managing both high-level financial responsibilities and day-to-day accounting operations. The Controller will work closely with ownership, property management, tenants, lenders, accountants, attorneys, and other outside professionals.
Responsibilities
- Oversee general ledger, financial statements, trial balances, intercompany activity, adjusting entries, and financial reporting
- Coordinate quarterly tax estimates, tax payments, annual tax filings, and required real estate filings
- Manage treasury functions, banking relationships, cash balances, transfers, and reconciliations
- Prepare lender and mortgage reporting, including financial statements, rent rolls, DSCR calculations, and other required submissions
- Oversee tenant billing, base rent, operating expense and real estate tax escalations, and other lease-related charges
- Supervise AP and AR functions, tenant receivables, collections, and vendor payments
- Review tenant financial statements and other financial information
- Oversee property management and accounting systems
- Handle payroll reconciliations and intercompany accounting
- Coordinate cost segregation studies and other accounting-related projects
- Assist with insurance programs, corporate records, regulatory filings, and 401(k) administration
- Work directly with tenants, lenders, accountants, attorneys, vendors, and other outside professionals
- Provide additional accounting and financial reporting support to ownership as needed
Qualifications
- Strong experience in commercial real estate accounting
- Prior Controller, Assistant Controller, Property Controller, or similar experience
- Strong understanding of property accounting, tenant billing, lease-related charges, AP/AR, and financial reporting
- Experience with lender reporting, treasury, and cash management
- Strong organizational, communication, and interpersonal skills
- Ability to work independently in a hands-on, entrepreneurial environment
- Comfortable managing both strategic financial matters and day-to-day accounting details
Salary : $150,000 - $200,000