Controller

Montgomery Partners

Mill Valley, CA

Salary Estimate: $125,000.00 - $149,999.00

Employment Type: Full Time

Work Place: Office

Experience Required: 10+ to 15 years

Education Required: 4 Year College

Job Description

Job Description

We are currently seeking a Controller to join our team in Mill Valley, CA. The Real Estate Controller will be responsible for directing accounting practices for a portfolio of apartment properties. The Financial Controller will be responsible for all aspects of financial management, including corporate accounting, financial reporting, interfacing with external CPAs, as well as the development of internal control policies and procedures. This role also involves financial risk management and will report directly to the Chief Operating Officer.
 
 
Responsibilities:
  • Development, implementation and maintenance of the accounting practices, internal controls, and business processes. Lead the financial reporting and operations processes for the company.
  • Assist in writing standard operating procedures, recommend and implement operational enhancements, and maintain compliance with operational policies and procedures. 
  • Hands-on oversight of accounting, reporting, performance analysis and compliance of investments.
  • Generate and analyze financial documents like Balance Sheets and P&L statements.
  • Provide cash management support services including administration of bank accounts, management of cash flows, etc.
  • Lead relationships with external tax advisors and prepare tax workpapers 
  • Preparation of the monthly, quarterly and year end closings, including supporting schedules, financial review, variance analysis and the prompt resolution of issues. 
  • Manage, train, and develop a staff consisting of 1-3 portfolio accounting professionals (Accounts Payable)
  • Prepare timely and accurate quarterly monthly and quarterly financial statements 
  • Review reporting packages prepared by outsourced third-party property accountants on a quarterly basis. Ensure property accounting is being performed in accordance with company policy.
  • Review transaction related accounting for portfolio properties (acquisitions, dispositions, recaps, refis)
  • Close Processes: Support month-end and year-end close processes, ensuring accuracy and timeliness.
  • Reconcile/oversee all Company bank statements, inter-Company transactions, and financial statements for all transaction-related affiliates.
  • Monitor the Company’s financial performance, flow of funds (cash control), expenditures, income and other budgetary items.
  • Develop and document business processes and accounting policies, including maintenance and strengthening internal controls by reviewing and implementing process system changes. Implement continuous financial control systems.
  • Work on special projects for the Company, including but not limited to software implementation, reviews, tax preparation, regulatory documentation, expense reporting and miscellaneous external reports to third parties.
  • Coordination and balancing cash inflows and outflows with parent company.
  • Other related duties as assigned.
 
Qualifications:
  • 10+ years hands on experience within REIT, Private Equity Firms or Big Four accounting. Proven working experience as a Financial Controller in the Real Estate industry is required.
  • Accounting Knowledge: Thorough knowledge of accounting principles and procedures. Experience with creating financial statements and managing general ledger functions.
  • Bachelor’s degree in Accounting, CPA preferred. 
  • Demonstrated ability to work independently and proactively. Highly developed written and oral communication skills. Acute attention to accuracy and detail.
  • Software Skills: Excellent user and administration skills in accounting software. Must have working knowledge of Yardi Software. 
  • A deep commitment to honest, ethical conduct in all dealings and an ability to adhere to the company’s core values. Highly motivated individual with demonstrated initiative, independence, and adaptability.
 
ABOUT US 
Montgomery Partners, Inc. is a fully integrated real estate investment firm, founded in 1984, whose principals specialize in the identification, acquisition, renovation, and, through an affiliate, Montgomery Capital Management (MCM), the management of value-add multifamily investments. Our mission is to secure undervalued apartment properties in high-barrier-to-entry markets which yield maximum profitability for our private equity clients. MCM performs internal asset management functions and offers direct oversight of property repositioning using highly experienced on-site and regional managers, an accounting/financial staff, plus a hands-on administrative and investor relations support staff. 

Montgomery Capital Management is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants for employment will receive consideration for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. Montgomery Capital Management is also committed to compliance with all fair employment practices regarding citizenship and immigration status.


Location Requirement: This position will be full-time in the company’s Mill Valley, CA headquarters. 

 

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