Director of Finance Controller

Company Overview:
Our client is a privately held commercial real estate company focused on retail investment and development in the Northeast and beyond. The firm is a fourth-generation family business, founded in 1932, and now owns over 1 million square feet of net lease and shopping center retail space in New England, New York and Atlanta. They strive to utilize local expertise and institutional knowledge to generate attractive returns for their shareholders, while positively impacting the communities where they invest.

Position Overview:
The Director of Finance/Controller will report directly to and work closely with the President/Chief Executive Officer to support all functions of accounting and financial reporting. The Director of Finance/Controller will specifically be responsible for the management and leadership of the property accounting sub-team within the financial reporting department. This is an excellent opportunity for a motivated, hands-on leader to join a 10- person team and contribute to the continued growth of an entrepreneurial, privately-owned real estate company.
The ideal candidate must have a strong technical accounting background, be comfortable and confident navigating through new and complex accounting matters, have outstanding communication and writing skills, be attentive to details and deadlines, be able to prioritize and manage multiple tasks while working in a team environment, and is looking to grow alongside the firm.

Responsibilities:
Specific responsibilities include but are not limited to the following:
•Understand and integrate acquisition analyses and real estate deal underwriting for roll up into capital planning and strategy models.
•Work with Development and Investments teams to prepare quarterly corporate sources and uses in Company model and for Capital Planning in Joint Ventures and Wholly-Owned projects and acquisitions.
•Oversee the day-to-day accounting of property assets, all property financial reporting and cash management, including correspondence and forward-facing bank reporting and questions.
•Review all monthly, quarterly, and annual financial statements for investors, lenders, and internal users,
i.e. Board of Directors.
•Support the annual budget and quarterly re-forecast process. Adding value to competitive benchmarking using industry KPI’s and market trends analysis re. Same Store NOI, Acq/Disp Volumes, AFFO, etc Approve weekly check runs.
•Review monthly mortgage payments and interest rate SWAPs, and budgeting for renewals, balloons or other capital partner requirements.
•Monitors accounts receivable for collection issues and collaborate with leasing.
•Review waterfall calculations and manage quarterly distributions through investment platform. Contribute to quarterly reporting to Board, Shareholders and Limited Partners.
•Successful completion of all external financial reviews (GAAP and tax), including coordination of work with CPA firm and delivering information requested by auditors on a timely basis.

Skills & Qualifications:
•In-depth knowledge of property accounting, and experience with joint venture waterfall calculations, and private investment fund structures.
•7+ years of CRE experience, preferably in accounting and transactions.
•Must have YARDI experience, and experience working in Fixed Assets system such as Safe, Bloomberg BNA, etc.
•Strong command of fund and real estate accounting concepts.
•BA/BS in accounting, business, finance or related, CPA preferred.
•Organized with a strong attention to detail.
•Ability to function in a team-oriented setting and respond well to constructive criticism.
•Strong organizational skills and the ability to perform and prioritize multiple tasks with a high attention to detail.
•Tenacity toward meeting deadlines, with a strong sense of urgency and good self-management discipline.
•Ability to work accurately and efficiently.
•Strong ethical character and demonstrates discretion.
•Proficient in Microsoft Office and Excel.