As the Controller, you will play a crucial role in overseeing the financial activities related to the region, which is inclusive of a flagship, ground up multi-use building. You will be responsible for maintaining accurate financial records, ensuring compliance with regulatory requirements and providing strategic financial guidance to support decision-making processes within the organization.
Controller Responsibilities:
- Prepare and analyze monthly, quarterly and annual financial statements for each property within the portfolio. Provide comprehensive reports to senior management and stakeholders regarding financial performance, variances and trends
- Collaborate with property managers to develop annual budgets and forecasts for each property. Monitor actual performance against budgeted targets and provide insightful analysis to identify areas for improvement and optimization
- Manage cash flow projections and ensure adequate liquidity to meet operational and capital expenditure requirements. Implement effective cash management strategies to optimize cash utilization and minimize financing costs
- Oversee all aspects of property accounting, including accounts payable, accounts receivable, general ledger maintenance and reconciliations. Ensure accuracy and completeness of financial records in compliance with GAAP and industry standards
- Establish and maintain robust internal control procedures to safeguard assets, prevent fraud and ensure compliance with regulatory requirements. Conduct periodic audits to assess the effectiveness of internal controls and implement corrective actions as necessary
- Conduct ad-hoc financial analysis and modeling to support investment decisions, lease negotiations and property valuations. Evaluate the financial impact of capital projects, renovations and leasing initiatives to optimize returns on investment
- Serve as a key point of contact for investors, lenders, and other stakeholders regarding financial matters related to the properties. Provide timely and accurate financial information and address inquiries or concerns in a professional manner
- Lead and mentor a team of property accountants and project analysts, providing guidance, support and professional development opportunities to ensure optimal performance and career growth within the department
Controller Requirements:
- Bachelor's degree in Accounting, Finance or related field
- CPA is required
- 5+ years of progressive experience in property accounting or real estate finance, preferably within the commercial real estate industry
- Strong knowledge of GAAP, financial reporting standards applicable to real estate entities
- Excellent communication skills with the ability to present complex financial information in a clear and concise manner
- Ability to work effectively in a fast-paced environment and manage multiple priorities simultaneously
- Demonstrated leadership capabilities with the ability to collaborate cross-functionally and influence decision-making processes
If you are interested in this opportunity or would like to learn more information about it, please apply today. We are excited to partner with our client to identify their next Controller who will contribute to the financial excellence across their organization.
Thank you,
Krisi O’Donnell
National Search Leader
LaSalle Network
LaSalle Network is an Equal Opportunity Employer m/f/d/v.
LaSalle Network is the leading provider of direct hire and temporary staffing services. For over two decades, LaSalle has helped organizations hire faster and connect top talent with opportunities, from entry-level positions to the C-suite. With units specializing in Accounting and Finance, Administrative, Marketing, Technology, Supply chain, Healthcare Revenue Cycle, Call Center, Human Resources and Executive Search. LaSalle offers staffing and recruiting solutions to companies of all sizes and across all industries. LaSalle Network is the premier staffing and recruiting firm, earning over 100 culture, revenue and industry-based awards from major publications and having its company experts regularly contribute insights on retention strategies, hiring trends and hiring challenges, and more to national news outlets.
