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Assistant Controller

Salary
Competitive
Employment
Full Time
Work Place
Part Remote
Real Estate Field
Location
Chicago
 IL
Postal Code
60654
Country
United States

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Description


This position will report to the Controller and assist others in all departments in relation to accounting and financial support.


Key Responsibilities

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required.

 

  • Manage accounts payable, including payment process, in a timely manner
  • Assist in ensuring an accurate and timely month-end and year-end close
  • Prepare and enter journal entries for transactions, distributions, and monthly reporting
  • Prepare monthly bank reconciliations for various properties
  • Prepare monthly reports
  • Obtain and maintain a thorough understanding of financial reporting and general ledger structure for external audits
  • Assist with budget and forecasting activities for property portfolios
  • Monitor and analyze departmental work to develop efficient procedures and use of resources while maintaining a high level of accuracy
  • Respond to inquiries from internal and external parties regarding financial results, special reports and other requests
  • Work with auditors and outside tax accountants to ensure all information and report requests are addressed in a timely and accurate manner
  • Prepare annual 1099s for vendors
  • Assist in tenant CAM reconciliations
  • Review entity tax returns and partner K-1s
  • Communicate with tenants regarding monthly rent statements and collection as necessary
  • Review lien waivers and construction draws
  • Calculate investor distributions
  • Aid in strategic development and implementation of new processes and procedures to enhance performance workflow and internal controls
  • Complete special projects, workflow process improvements, and other duties as assigned

Education And Experience

  • BA/BS in in Business with an emphasis in Accounting
  • CPA preferred
  • Demonstrated progressive experience in financial reporting
  • Previous experience communicating with external auditors
  • Must have strong experience with Microsoft Excel
  • Knowledge of real estate accounting software, Rent Manager preferred

Communication And Relationship Skills

 

  • Ability to read and comprehend instructions given from written and oral sources
  • Ability to effectively present information to top management, other employees, as well as partners and investors
  • Strong interpersonal skills, excellent written and verbal communication

  

Math Skills

  • Ability to understand mathematical relationships and formulas
  • Ability to understand and employ accounting mathematics
  • Ability to manage and track budgets

Reasoning Ability

  • Ability to work independently and know when to seek guidance from leadership
  • Ability to meet deadlines
  • Ability to identify problems and determine the best course of action for their resolution, including knowing when to communicate and engage others
  • Ability to think analytically and proactively solve problems
  • Demonstrates sound discretion, professional judgement and business ethics in decision making

 

Job Sector


 

Experience


2+ to 5 years


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Accounting / Control Industrial Chicago Full Time IL Accounting / Control, Finance, Financial Analysis Assistant Controller other