Our client is a privately owned real estate holding and development company located in Portland, Maine. The firm is looking for a skilled Financial Controller to be responsible for all aspects of accounting and financial reporting for a real estate portfolio that includes office, warehouse, manufacturing, retail, parking, and mixed-use assets.

Responsibilites:

• Responsible for all aspects of accounting and financial reporting for commercial and residential real estate portfolio
• Supervise accounting staff
• Manage financial statements, financial audits and all related internal controls
• Coordinate month-end and year-end close process
• Perform income and expense projections and actual to budget variance analysis
• Monitor payroll and corresponding payroll tax deposit requirements
• Maintain internal accounting policies and procedures
• Communicate with external tax accountants and auditors
• Manage relationship with general ledger and other software vendors
• Monitor IRS and state regulations that affect the real estate industry
• Review loan covenant agreements with financial institutions
• Monitor GAAP pronouncements as they affect audited financial statements
• Manage 401(k) plan vendor and employee relationships
• Oversee the property, liability and workers compensation insurance programs
• Oversee the health insurance program including compliance with federal and state regulations
• File real estate tax declarations including BETE program with regional municipalities
• File BETR as applicable
• Ascertain that company’s real estate municipal assessments are recorded at reasonable values
• Maintain real estate and equipment depreciation records including the cost segregation support schedules
• Monitor accounts receivable balances and delinquencies
• Review A/P journals and corresponding invoices to verify proper accounting treatment for each property
• Coordinate CAM reconciliation process with the Director of Operations
• Ascertain that rental revenues reflected in the general ledger system correspond with negotiated leases
• Coordinate tax return preparation and tax matters with external CPA firM

Qualifications:

• 5+ years of external audit and tax at a CPA firm with real estate exposure
• Bachelor’s degree in Accounting, Finance or related field
• CPA preferred
• Ability to work both independently and as part of a team
• Strong interpersonal, verbal, and written communication skills
• Advanced knowledge of real estate and hotel industry is a plus
• Excellent computer and problem-solving skills
• Must be proficient in MS Office, including, Word, Excel, Outlook
• Proven experience with Yardi or another reputable real estate accounting software is a plus