Controller

The Controller is responsible for managing day-to-day accounting operations across the property portfolio, ensuring compliance with GAAP, internal controls, and company policies. Reporting to the Director of Accounting, the Controller oversees the Property Accountants, reviews work papers and reconciliations, and ensures timely, accurate financial reporting for properties under management. This role plays a critical part in supporting acquisitions, budgeting, audits, and property-level compliance with lender and investor requirements.

• Coordinates with asset management team to ensure proper recording of income, expenses, and accruals, and proactively find ideas to add value to the portfolio.
• Reviews and analyzes property operating results, identifying trends, variances, and opportunities for improvement.
• Ensures timely reporting of property-level financials to the Director of Accounting, investors, and lenders.
• Supports the Director of Accounting and CAO with special projects and analyses as needed.
• Assists with due diligence for acquisitions and dispositions, including property-level financial review and system integration.
• Identifies opportunities for process improvement and recommends enhancements to property-level accounting practices.
• Monitors compliance with loan agreements, escrow requirements, and lender reporting obligations.
• Prepares and/or reviews supporting documentation for lender reserve requests and capital expenditure tracking.
• Prepares the corporate accounting financial package including but not limited to monthly, quarterly, and annual financial reports, ad hoc reports as needed, bank reconciliations, and workpapers.
• Frequently is required to stand; walk; and use hands to maneuver, handle, or feel objects, or tools.
• Reviews monthly and quarterly work papers, reconciliations, journal entries, and financial packages prepared by Property Accountants.
• While performing the duties of this job, the employee is regularly required to sit and talk or hear.
• Oversees the preparation of property monthly, quarterly, and annual financial statements in compliance with GAAP.
• Supervises and provides leadership, development, and performance feedback to the Property Accountants.
• Implements and maintains internal controls, policies, and procedures to ensure accuracy and compliance across property accounting.
• Assists in tax preparation and compliance by providing property-level schedules and reviewing supporting documents for tax filings.
• Reviews annual operating budgets and forecasts for assigned properties.
• Prepares the corporate budget.
• Oversees the completion of replacement reserves, ensuring all applicable items are reimbursed by lenders timely.
• Conducts all business in accordance with company policies/procedures, Fair Housing, ADA, FCRA, and all applicable laws.
• Assists in workers' compensation and insurance renewals
• Coordinates with external auditors during annual property audits and reviews.

• Strong knowledge of GAAP and property management accounting practices.
• Minimum of 7 years of progressive accounting experience, with at least 3 years in a supervisory role.
• Must occasionally lift and/or move up to 15 pounds.
• Ability to travel within the region and to the Philadelphia Home Office up to 60%
• Proficiency in Microsoft Office Suite; advanced Excel skills required.
• Ability to work overtime, evenings, weekends, or holidays as necessary.
• Experience with property management/accounting software (Yardi strongly preferred).
• Ability to maintain high ethical standards.
• Real estate or property management industry experience strongly preferred.
• Ability to lead, coach, and develop a team of Property Accountants.
• Strong analytical, organizational, and problem-solving skills.
• CPA or Master's Degree designation required.
• Specific vision abilities required by this job involve normal vision.
• Excellent communication skills, with the ability to work across departments and present findings clearly.
• Occasionally required to reach with hands and arms.