What are the responsibilities and job description for the Controller / Sr Controller position at URS Properties?
Controller / Sr Controller title based on experience.
Company: URS Capital Partners & URS Properties Location: New York / Charlotte, NC / Remote (East Coast Preferred) Reports To: Managing Partner Employment Type: Full-Time
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Firm Overview
URS Capital Partners is a vertically integrated real estate investment platform focused on disciplined multifamily acquisitions, asset management, and long-term value creation. URS Properties is the firm’s wholly owned, in-house property management division, responsible for day-to-day operations, onsite execution, and property-level accounting.
Together, the platform controls the full investment lifecycle—from acquisition through operations and disposition.
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Position Summary
The Senior Controller is the senior financial leader responsible for all accounting, financial reporting, and internal controls across URS Capital Partners and URS Properties. This role serves as the primary financial bridge between property management operations and the investment platform.
The Senior Controller will oversee corporate, partnership, and property-level accounting; lead and develop the accounting organization; ensure accuracy and timeliness of reporting; and support senior leadership, asset management, investors, lenders, and external auditors.
This role offers significant autonomy and the opportunity to shape and scale a growing accounting team within an entrepreneurial, vertically integrated real estate organization. The ideal candidate can lead with limited direction, take ownership, and proactively improve systems and processes.
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Key Responsibilities
Property Accounting Leadership (URS Properties)
· Oversee and manage month-end close and financial reporting for all managed properties.
· Lead and supervise property accountants, junior controller(s), and AP / AR personnel.
· Review and approve journal entries, payables, monthly financial statements, and balance sheet reconciliations prepared by property accounting staff.
· Oversee accounts payable, payment approvals, treasury activity, and bank reconciliations, including troubleshooting discrepancies.
· Calculate property management fees and ensure proper recognition.
· Serve as the primary liaison between property accounting and property management leadership, working cross-functionally with operations, leasing, and asset management.
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Investment & Partnership Accounting (URS Capital Partners)
· Maintain investor capital accounts in accordance with partnership agreements.
· Prepare and review investor distribution calculations, waterfalls, and promote structures.
· Ensure financial reporting aligns with partnership documents, lender requirements, and investor expectations.
· Prepare financial reports for banks, investors, regulatory agencies, and other external stakeholders.
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Financial Reporting & Executive Close
· Own the full accounting cycle for corporate entities, investment partnerships, and properties.
· Lead month-end, quarter-end, and year-end close with a target close date of the 10th business day.
· Prepare consolidated financial statements, executive summaries, and budget-to-actual variance analyses.
· Respond to financial inquiries from ownership, investors, auditors, and senior leadership.
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Treasury & Cash Management
· Oversee corporate and property-level cash management, liquidity planning, and funding schedules.
· Review bank reconciliations and monitor cash balances across the platform.
· Support capital calls, acquisition funding, refinancing activity, and investor distributions.
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Budgeting, Forecasting & Asset Support
· Lead the annual operating budget process for properties and corporate entities.
· Partner with Asset Management to analyze performance versus underwriting, budget, and historical trends.
· Provide actionable financial insights tied to NOI, expense control, and operational execution.
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Systems, Process & Compliance
· Oversee onboarding of new properties, including purchase accounting and systems integration.
· Act as administrator for Yardi Voyager (or similar), including vendor setup and system controls.
· Prepare and distribute annual 1099s to vendors.
· Compile data required for personal property tax filings.
· Establish, document, and enforce accounting policies, procedures, and internal controls.
· Drive efficiency, automation, and scalability across accounting operations.
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Acquisitions, Dispositions & Audit Support
· Support financial onboarding of new acquisitions.
· Coordinate accounting and reporting during dispositions.
· Serve as the primary accounting contact during audits and lender reviews.
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Minimum Qualifications
· Bachelor’s Degree in Accounting or Finance (required).
· 7–10 years of relevant experience, including significant multifamily property accounting experience.
· Demonstrated supervisory experience managing and developing accounting teams.
· Strong technical accounting skills with a solid understanding of GAAP.
· High proficiency in Microsoft Excel.
· Working knowledge of Yardi Voyager strongly preferred.
· Prior experience in a vertically integrated investment property management platform is a major plus.
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Core Competencies & Personal Attributes
· Analytical and detail-oriented with strong problem-solving skills.
· Highly organized; able to manage multiple deadlines under pressure.
· Takes full ownership of responsibilities with a strong sense of accountability.
· Willing to challenge the status quo and present ideas for doing things better.
· Trustworthy and able to manage confidential information.
· Clear, confident communicator across all levels of the organization.
· Adaptable, dependable, and able to operate effectively with limited direction.
· Strong decision-making ability and high standards of excellence.
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