Bisnow · New York
Finance & LegalSelectLeadersHybridFull-Timeposted 5w ago
Controller: Multifamily Property Accounting
Location: New York City (In-Office 4–5 Days/Week)
Compensation: $150,000 – $200,000 Base + Bonus
Our SelectLeaders client is a vertically integrated real estate investment and services firm headquartered in New York City. The company has built a multi-dimensional platform spanning property management, construction management, acquisitions, lending, and proprietary data analytics, in the NYC multifamily market.
With a portfolio of more than 50 multifamily buildings and plans to add 250+ additional units this year, the firm partners with major institutional investors to support a portfolio that includes units ranging from luxury Class A to affordable, and rent-stabilized buildings throughout New York City.
They are seeking an experienced Controller to oversee the day-to-day accounting operations for its growing portfolio. This role is ideal for a hands-on operational accounting leader with deep multifamily experience, strong Yardi expertise, and a proven ability to manage remote and offshore accounting teams in a high-growth environment.
The Controller will play a critical role in ensuring the accuracy, efficiency, and scalability of accounting processes. The ideal candidate brings 10–15 years of multifamily accounting experience and has the operational mindset to identify process improvements while maintaining strict financial reporting deadlines.
Lead monthly, quarterly, and annual close processes across multiple multifamily properties and entities
Review, approve, and independently sign off on property-level financial statements in accordance with GAAP
Oversee financial reporting timelines, including delivery of 40+ monthly financial packages by established deadlines
Quickly identify and resolve discrepancies within property financials and reporting packages
Oversee reconciliations including bank accounts, security deposits, taxes, and intercompany accounts
Oversee A/P, A/R, cash management, and treasury-related processes
Coordinate audits, tax filings, and lender reporting requirements
Manage and mentor a team of remote/offshore property accountants and accounting support staff
Help scale accounting operations and improve workflows as the portfolio continues to grow
Drive operational efficiencies, process improvements, and strengthened internal controls
Assist with onboarding newly acquired assets, including opening balance sheets, establishing accruals, coordinating bank account setup and treasury functions, and transitioning assets to assigned property accountants
Partner with Asset Management teams on variance analysis and NOI drivers
Participate in bi-weekly client and ownership update calls to address financial and operational matters
Build and enhance financial reporting and analysis tools utilizing advanced Microsoft Excel skills
Serve as the system lead and subject matter expert for Yardi
Oversee preparation and review of NYC regulatory filings, including TC (Tax Commission / certiorari support), RPIE (Real Property Income & Expense filings), and independently review and sign off on RPIE filings
8+ years of accounting experience within real estate accounting
Strong multifamily property accounting experience
CPA Designation Preferred
Experience overseeing large portfolios and multiple entities/assets simultaneously
Experience managing remote and/or offshore accounting teams
Advanced proficiency in Yardi and Microsoft Excel
Deep understanding of accrual accounting and property-level financial reporting
Experience with NYC regulatory filings including TC and RPIE
Strong organizational, communication, and deadline management skills
Ability to operate effectively in a fast-paced, high-growth environment
Financial reporting deadlines are consistently met with accuracy
Newly onboarded assets are transitioned smoothly and efficiently
Offshore accounting workflows operate effectively and scale successfully
Financial reporting quality and internal controls continue to improve as the portfolio grows
Accounting operations evolve to support a centralized platform managing 2,000+ units