Boston, MA
Salary Estimate: Confidential
Employment Type: Full Time
Work Place: Office
Experience Required: 10+ to 15 years
Education Required: 4 Year College
Job Description
Company Overview:
Our client is a leading commercial real estate development firm, having successfully acquired, developed, re-positioned and/or entitled and managed over eight million square feet of real estate. Focused on high quality, mixed-use development assets in leading gateway markets, with a strong emphasis on creative place making and value-add approaches to real estate, our client is among the top tier of real estate development and management firms in the New England market.
Position Overview:
The Senior Controller is responsible for managing and overseeing the accounting and financial reporting functions of the organization. This includes ensuing the accuracy of financial statements, managing financial controls, and supporting strategic financial decisions. The Senior Controller will work closely with senior management to drive financial performance and efficiency. This position will provide timely and accurate internal and external reporting about our clients assigned financial and operational matters.
Responsibilities:
• Oversee the preparation and accuracy of financial statements, including balance sheets, profit and loss statements, and cash flow statements.
• Provide GAAP guidance and support within the company, research and provide recommendation memorandum to executive team as needed.
• Identify financial risks and recommend strategies.
• Monitor financial performance against the budget, providing explanations for significant variances.
• Oversee team tracking and adherence to reporting deadlines, review more complex liquidity and guarantee requirements and DSCR projections and ensure good standing.
• Assist in developing financial strategies for long-term sustainability and growth.
• Responsible for calculation of distributions to noncontrolling interest partners, and property distributions on a quarterly basis, or when applicable, for the portfolio.
• Where applicable, perform or oversee preparation of debt covenant compliance and timely reporting to lenders.
• Manage and develop Accounting staff.
• Manage adherence to internal controls surrounding financial reporting disclosure and compliance, and enhance internal controls as needed.
• Perform other ad hoc accounting duties as required.
Qualifications and Skills:
• 10 plus years of experience.
• Bachelor’s degree in Accounting, Finance, or a related field (Required). CPA and/or CMA preferred.
• Proven accounting experience with a large regional or Big Four firm.
• Excellent knowledge of Generally Accepted Accounting Principles (GAAP) and financial regulations.
• Strong background in financial reporting, budgeting, and compliance.
• Large ERP system experience, Yardi experience, Vena is a plus.
• Ability to work without direct supervision and effectively manage staff, tasks and time.
• Ability to interact effectively with all levels of the organization.
Our client is a leading commercial real estate development firm, having successfully acquired, developed, re-positioned and/or entitled and managed over eight million square feet of real estate. Focused on high quality, mixed-use development assets in leading gateway markets, with a strong emphasis on creative place making and value-add approaches to real estate, our client is among the top tier of real estate development and management firms in the New England market.
Position Overview:
The Senior Controller is responsible for managing and overseeing the accounting and financial reporting functions of the organization. This includes ensuing the accuracy of financial statements, managing financial controls, and supporting strategic financial decisions. The Senior Controller will work closely with senior management to drive financial performance and efficiency. This position will provide timely and accurate internal and external reporting about our clients assigned financial and operational matters.
Responsibilities:
• Oversee the preparation and accuracy of financial statements, including balance sheets, profit and loss statements, and cash flow statements.
• Provide GAAP guidance and support within the company, research and provide recommendation memorandum to executive team as needed.
• Identify financial risks and recommend strategies.
• Monitor financial performance against the budget, providing explanations for significant variances.
• Oversee team tracking and adherence to reporting deadlines, review more complex liquidity and guarantee requirements and DSCR projections and ensure good standing.
• Assist in developing financial strategies for long-term sustainability and growth.
• Responsible for calculation of distributions to noncontrolling interest partners, and property distributions on a quarterly basis, or when applicable, for the portfolio.
• Where applicable, perform or oversee preparation of debt covenant compliance and timely reporting to lenders.
• Manage and develop Accounting staff.
• Manage adherence to internal controls surrounding financial reporting disclosure and compliance, and enhance internal controls as needed.
• Perform other ad hoc accounting duties as required.
Qualifications and Skills:
• 10 plus years of experience.
• Bachelor’s degree in Accounting, Finance, or a related field (Required). CPA and/or CMA preferred.
• Proven accounting experience with a large regional or Big Four firm.
• Excellent knowledge of Generally Accepted Accounting Principles (GAAP) and financial regulations.
• Strong background in financial reporting, budgeting, and compliance.
• Large ERP system experience, Yardi experience, Vena is a plus.
• Ability to work without direct supervision and effectively manage staff, tasks and time.
• Ability to interact effectively with all levels of the organization.
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Post Date: 01/20/2025
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