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Commercial Real Estate Assistant Controller

NorthPoint Search Group
Posted 9 days ago, valid for 2 days
Location

Atlanta, GA, US

Salary

$120,000 - $145,000 per year

Contract type

Full Time

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Sonic Summary

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  • An industry-leading commercial real estate organization in Atlanta is seeking an experienced Assistant Controller to support its development and property accounting portfolio.
  • The role involves financial reporting, reconciliations, cash flow oversight, cost analysis, and development accounting.
  • Candidates should have a strong property accounting foundation and at least 5 years of experience in a related field.
  • The position offers a base salary ranging from $120,000 to $145,000, with a target annual cash compensation of approximately $155,000 including bonuses.
  • This opportunity allows professionals to work in a collaborative environment and play a crucial role in the financial management of commercial real estate development projects.

Commercial Real Estate Assistant Controller

Who: An industry-leading commercial real estate organization seeking an experienced accounting professional to support its development and property accounting portfolio.

What: An Assistant Controller role responsible for financial reporting, reconciliations, cash flow oversight, cost analysis, and development accounting.

When: Immediate opportunity for a qualified accounting professional ready to join a growing commercial real estate team.

Where: Atlanta, Georgia.

Why: Join an established industry leader and play an important role in the financial management and reporting of commercial real estate development projects.

Office Environment: Professional, collaborative commercial real estate environment working closely with development and accounting leadership.

Salary: $120,000–$145,000 base salary plus bonus, targeting approximately $135,000 base plus a 15% target bonus for approximately $155,000 in target annual cash compensation.

Position Overview

We are seeking an experienced Assistant Controller to join an industry-leading commercial real estate organization in Atlanta. This position will play an important role in the accounting and financial reporting of development projects and individual properties, with responsibility for financial statements, general ledgers, reconciliations, project cash flows, cost tracking, and development entity reporting.

The ideal candidate has a strong property accounting foundation, hands-on reconciliation experience, and the ability to work closely with both development and accounting leadership in a fast-paced commercial real estate environment.

Key Responsibilities

  • Prepare financial statements, balance sheet account reconciliations, and related financial analysis.

  • Oversee cash flow sources for construction and development projects.

  • Reconcile bank accounts and subsidiary ledgers to the general ledger and balance sheet accounts.

  • Perform daily cost tracking, research, and analysis.

  • Create daily, weekly, and monthly cost reports.

  • Maintain development general ledgers and financial statements for individual properties.

  • Prepare development entity financial reporting for monthly review with development and accounting managers.

  • Record accounting journal entries related to acquisitions, dispositions, and assets placed in service.

  • Research discrepancies and help ensure the accuracy and integrity of development accounting records.

Qualifications

  • Strong knowledge of general ledger accounting, financial statements, and balance sheet reconciliations.

  • Experience with commercial real estate, property accounting, development accounting, or construction accounting strongly preferred.

  • Hands-on experience with accounts payable, accounts receivable, general ledger accounting, and month-end close.

  • Experience preparing property-level financial statements and handling tenant billing.

  • Experience preparing and analyzing financial and cost reports.

  • Understanding of acquisition, disposition, and placed-in-service accounting.

  • Strong analytical, organizational, and problem-solving skills.

  • High attention to detail with the ability to manage multiple properties, projects, and reporting deadlines.

  • Ability to collaborate effectively with accounting and development professionals.




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