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iWorld Professionals

Real Estate Controller

iWorld Professionals, New York, New York, us, 10261

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iWorld Professionals is seeking a Real Estate Controller for our client, a leading New York-based human services organization in New York City (Manhattan).

Real Estate Controller Position Summary : The Real Estate Controller will provide strategic financial leadership for a growing portfolio of supportive and affordable housing properties. This role will focus on strengthening real estate financial operations, ensuring compliance with complex funding structures, and guiding long-term portfolio sustainability.

This position offers a unique opportunity to combine real estate financial expertise with mission-driven impact - helping to maintain and expand housing opportunities that improve lives and strengthen communities.

Real Estate Controller Responsibilities:

Financial Leadership:

Oversee all accounting, reporting, and financial management activities for the organization's real estate portfolio.

Budgeting & Forecasting:

Develop and manage annual operating budgets, capital budgets, and cash flow projections for multiple housing properties.

Reporting:

Prepare and deliver detailed monthly, quarterly, and annual financial statements to internal and external stakeholders, including boards, investors, lenders, and funders.

Compliance Management:

Ensure adherence to loan covenants, regulatory agreements, and reporting requirements across various funding programs (LIHTC, HUD, and city/state housing agencies).

Financial Modeling:

Review, analyze, and advise on real estate financial models, pro formas, and investment projections for both existing and new development projects.

Audit & Review:

Coordinate with external auditors, tax professionals, and legal advisors on annual audits, filings, and compliance reviews.

Team Collaboration:

Partner with internal fiscal, asset management, and property management teams to align financial operations with organizational goals.

Process Improvement:

Strengthen internal systems and provide mentorship to finance staff to enhance efficiency, transparency, and reporting accuracy. Real Estate Controller Qualifications:

Bachelor's degree in Accounting, Finance, or a related field required; CPA or MBA strongly preferred.

Minimum of 6 years of progressive experience in real estate or housing finance, ideally within supportive, affordable, or nonprofit housing environments.

Deep understanding of LIHTC, HUD, HPD/HDC, and related housing finance programs.

Proven success in financial planning, forecasting, compliance, and portfolio performance analysis.

Experience leading or supporting audits, funder reporting, and multi-entity financial consolidations.

Advanced Excel proficiency and familiarity with accounting or ERP systems such as Financial Edge (or similar).

Strong analytical, organizational, and communication skills.

Ability to operate independently while collaborating effectively across teams in a dynamic, mission-driven environment. Ability to work EST time on a remote basis and travel to NYC occasionally. Salary commensurate with experience in the $155,000 - $170,000 range plus benefits. Apply to

iWorld Professionals

for immediate confidential consideration.