Sbhonline
Controller
Location:
Newark, NJ
Position Type:
Full‑Time
Schedule:
Monday–Friday, Standard Business Hours
Salary:
Based on Experience
Position Summary We are seeking an experienced and hands‑on Controller to oversee all accounting and financial operations across a multi‑entity, multi‑property real estate portfolio. This role is responsible for full‑cycle accounting, cash management, reporting, compliance, and coordination with external accountants, banks, and partners.
The Controller will play a critical role in maintaining financial accuracy, strengthening controls, supporting ownership with clear and timely reporting, and ensuring all financial obligations are executed properly. This position requires strong real estate accounting experience, excellent organizational skills, and the ability to manage complex financial structures with precision.
Key Responsibilities Accounting & Financial Oversight
Oversee all accounting operations across multiple properties and entities
Ensure accurate, timely financial records and reporting
Develop and maintain monthly, quarterly, and annual financial reporting packages
Serve as the primary accounting liaison to ownership, banks, and external accountants
Banking & Cash Management
Oversee all bank accounts and monitor daily balances
Ensure proper cash allocation and liquidity management
Perform and review monthly bank reconciliations for all accounts
Payroll Oversight
Coordinate payroll with third‑party payroll provider
Ensure payroll accuracy, compliance, and timely processing
Manage monthly payroll bill‑backs between affiliated entities
Tenant Bill‑Backs & Reconciliations
Oversee monthly, quarterly, and annual tenant bill‑backs
Manage CAM, utilities, insurance, and real estate tax reconciliations
Handle year‑end reconciliations and adjustments
Accounts Receivable (A/R)
Oversee rent collection via checks, ACH, and RentCafe
Ensure accurate posting of receipts into Yardi
Oversee monthly tenant invoicing through Yardi Breeze
Accounts Payable (A/P)
Oversee processing and review of all invoices
Ensure accurate invoice entry into Yardi across all entities
Review and approve A/P schedules prior to payment
Insurance, Compliance & Controls
Ensure timely payment of insurance premiums
Ensure leasing commissions are paid accurately and on time
Maintain strong internal controls and compliance standards
General Ledger & Recordkeeping
Oversee maintenance of general ledgers for all properties and management entities
Ensure proper recordkeeping in Yardi, Dropbox, and internal systems
Financial Reporting
Prepare and oversee delivery of:
Monthly P&Ls per property (with budget comparisons)
Monthly portfolio‑level P&Ls and YTD reporting
Monthly balance sheets per property and portfolio
Quarterly management company P&Ls
Month‑End & Year‑End Close
Oversee month‑end close on a cash basis
Manage year‑end close, GL tie‑outs, and adjustments
Provide trial balances and financials to external accountants
Oversee preparation and distribution of K‑1s
Mortgages, Taxes & Fees
Ensure mortgage payments are made and recorded properly
Set up recurring wires when required
Ensure real estate taxes are paid for applicable properties
Calculate and prepare monthly management fee schedules
Utilities, Development & Special Projects
Ensure utilities are paid and recorded accurately
Oversee development‑related expenses per contract terms
Track and allocate acquisition‑related costs
Bill partners quarterly for shared acquisition expenses
Credit Card Oversight
Review and approve all credit card charges
Ensure timely payment of balances
Allocate expenses accurately across entities
External Coordination
Respond to bank and lender requests for financial documentation
Work closely with external accountants on audits and tax filings
Access & Authority
View‑only access to all bank accounts (no check signing or fund transfers)
Qualifications
Extensive experience in accounting or controller‑level roles
Strong real estate accounting background required
Proficiency with Yardi (Breeze or Voyager preferred)
Advanced Excel and financial reporting skills
Experience managing multi‑entity, multi‑property portfolios
Highly organized, detail‑oriented, and dependable
#J-18808-Ljbffr
Newark, NJ
Position Type:
Full‑Time
Schedule:
Monday–Friday, Standard Business Hours
Salary:
Based on Experience
Position Summary We are seeking an experienced and hands‑on Controller to oversee all accounting and financial operations across a multi‑entity, multi‑property real estate portfolio. This role is responsible for full‑cycle accounting, cash management, reporting, compliance, and coordination with external accountants, banks, and partners.
The Controller will play a critical role in maintaining financial accuracy, strengthening controls, supporting ownership with clear and timely reporting, and ensuring all financial obligations are executed properly. This position requires strong real estate accounting experience, excellent organizational skills, and the ability to manage complex financial structures with precision.
Key Responsibilities Accounting & Financial Oversight
Oversee all accounting operations across multiple properties and entities
Ensure accurate, timely financial records and reporting
Develop and maintain monthly, quarterly, and annual financial reporting packages
Serve as the primary accounting liaison to ownership, banks, and external accountants
Banking & Cash Management
Oversee all bank accounts and monitor daily balances
Ensure proper cash allocation and liquidity management
Perform and review monthly bank reconciliations for all accounts
Payroll Oversight
Coordinate payroll with third‑party payroll provider
Ensure payroll accuracy, compliance, and timely processing
Manage monthly payroll bill‑backs between affiliated entities
Tenant Bill‑Backs & Reconciliations
Oversee monthly, quarterly, and annual tenant bill‑backs
Manage CAM, utilities, insurance, and real estate tax reconciliations
Handle year‑end reconciliations and adjustments
Accounts Receivable (A/R)
Oversee rent collection via checks, ACH, and RentCafe
Ensure accurate posting of receipts into Yardi
Oversee monthly tenant invoicing through Yardi Breeze
Accounts Payable (A/P)
Oversee processing and review of all invoices
Ensure accurate invoice entry into Yardi across all entities
Review and approve A/P schedules prior to payment
Insurance, Compliance & Controls
Ensure timely payment of insurance premiums
Ensure leasing commissions are paid accurately and on time
Maintain strong internal controls and compliance standards
General Ledger & Recordkeeping
Oversee maintenance of general ledgers for all properties and management entities
Ensure proper recordkeeping in Yardi, Dropbox, and internal systems
Financial Reporting
Prepare and oversee delivery of:
Monthly P&Ls per property (with budget comparisons)
Monthly portfolio‑level P&Ls and YTD reporting
Monthly balance sheets per property and portfolio
Quarterly management company P&Ls
Month‑End & Year‑End Close
Oversee month‑end close on a cash basis
Manage year‑end close, GL tie‑outs, and adjustments
Provide trial balances and financials to external accountants
Oversee preparation and distribution of K‑1s
Mortgages, Taxes & Fees
Ensure mortgage payments are made and recorded properly
Set up recurring wires when required
Ensure real estate taxes are paid for applicable properties
Calculate and prepare monthly management fee schedules
Utilities, Development & Special Projects
Ensure utilities are paid and recorded accurately
Oversee development‑related expenses per contract terms
Track and allocate acquisition‑related costs
Bill partners quarterly for shared acquisition expenses
Credit Card Oversight
Review and approve all credit card charges
Ensure timely payment of balances
Allocate expenses accurately across entities
External Coordination
Respond to bank and lender requests for financial documentation
Work closely with external accountants on audits and tax filings
Access & Authority
View‑only access to all bank accounts (no check signing or fund transfers)
Qualifications
Extensive experience in accounting or controller‑level roles
Strong real estate accounting background required
Proficiency with Yardi (Breeze or Voyager preferred)
Advanced Excel and financial reporting skills
Experience managing multi‑entity, multi‑property portfolios
Highly organized, detail‑oriented, and dependable
#J-18808-Ljbffr