Interested and Qualified candidates, please submit your resume to:

Christina Smith | christina@kelleraugusta.com | 617.247.0505

Category:Accounting/Finance 

Controller

Portland, ME

JOB DESCRIPTION

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