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Birge & Held · 8 hours ago

Assistant Controller, Asset Accounting

Indianapolis, IN

Full-time

Hybrid

Mid, Senior Level

5+ years exp

Birge & Held is a company dedicated to transforming communities through multifamily housing. The Assistant Controller, Asset Accounting will manage financial reporting, budgeting, and participate in the full life cycle of real estate financial activities while reporting to the Assistant Vice President of Asset Accounting.

Property ManagementReal Estate

Responsibilities

Responsible for the financial reporting of consolidated financial statements and analysis for market-rate development, LIHTC new construction and acquisition rehab projects

Perform month-end close duties, including but not limited to:

Maintain and oversee lender escrow analysis and prepaid/accrued expense analysis

Balance sheet reconciliations and adjusting/reclass journal entries

Bank reconciliation for operating/savings accounts

Management fee calculation and invoicing

General ledger and operating statement review and adjusting/reclass journal entries

Monthly/quarterly reimbursement submission to lenders

Manage year-end audit and tax return punch list items to ensure timely delivery of K-1s to investors and meet audit deadlines inside governing documents

Prepare surplus cash calculations for quarterly investor distributions

Responsible for representing owner for on-site reviews and assessment of site staff, physical condition, and tenant relations

Assist in designing final business plan tracking systems, including, but not exclusive too, tax capital account tracking, updating projections for deferred developer fee payments to align with corporate budgeting, compile and track requirements of Partnership/Operating Agreements, Loan Agreements, Regulatory Agreement, and other relevant agreements on the deal

Oversee the accurate completion of monthly, quarterly and annual compliance reporting to all local housing authorities and equity partners as directed by the Limited Partner Agreements and other deal documents

Prepare project cash flow forecasts, updating monthly for changes in estimates and schedules based on information provided by other functional teams

Prepare journal entries for non-recurring and significant transactions pertaining to development projects, such as transfers to income-producing property

Review and analysis of financial reports, including drilling into discretionary expenses, reviewing variance analyses, and comparing performance to underwriting

Interact with Finance and Operations’ staff to obtain portfolio/asset information; prepare analyses, reports and produce strategic solutions

Manage monthly budget variance reporting and communication to executive leadership

Create monthly financial and operating reports for active projects

Monthly cash forecasts for active projects (i.e. capitalized interest projections, fee income timing)

Assist in managing corporate budgeting, audit, tax, accounting, selling real estate, and insurance activities for the organization

Assess current accounting operations, offer recommendations for improvement, and implement new process

Communicate regularly with accounting, management, and executive team

Other tasks as assigned by management

Limited travel (5-20% of the time)

Qualification

BS in AccountingFinanceMS Excel skillsMBACPAPublic accounting experienceFinancial accounting softwareNumerical proficiencyMulti-taskingCritical thinkingProblem-solvingInterpersonal skillsOrganization skillsLeadership skillsAttention to detail

Required

BS in Accounting or Finance

5+ years in progressively responsible roles, preferably in real estate development

Strong MS Excel skills and proficiency in financial accounting and reporting software

Excellent interpersonal skills with the ability to create good relationships with internal and external contacts

Critical thinking and problem-solving

Strong numerical proficiency

Exemplary organization

Excellent problem-solving skills

Excellent leadership skills

Big-picture method to approaching tasks

Self-starter

Professional training and mentoring skills

Strong attention to detail required

Ability to multi-task and meet changing deadlines

Preferred

MBA and/or CPA highly desirable

Public accounting experience highly desirable

Benefits

Maintain work -life balance with a flexible hybrid schedule and a generous paid time-off policy, including up to 20 days of PTO per year.

In addition to traditional PTO, you’ll receive 14 holidays including a floating holiday and your birthday.

Separately, if you’ve served in the military, you’ll receive Veterans Day as a paid day off.

Make a difference in your community with 8 hours of Volunteer Paid Time Off (PTO) each year, giving you the ability to support a cause or organization of your choice.

Take advantage of supportive leave benefits, including up to 3 weeks of paid parental leave and 6 weeks of paid childbirth leave.

Boost your earnings with a performance-based bonus, determined by your role and achievement in individual, departmental, and company-wide Key Performance Indicators (KPIs).

Save on living expenses with exclusive employee discounts at Birge & Held properties.

Prioritize your well-being with a robust wellness program that supports your physical, mental, and emotional health.

Enjoy up to $25 in monthly gym membership reimbursements and gain access to certified health coaches dedicated to helping you achieve your personal wellness goals.

Access competitive dental, vision, and comprehensive medical plans to ensure you and your family receive the care you need, along with convenient online tools to help you manage your healthcare benefits with ease.

Enjoy peace of mind today and tomorrow with a 401(k) plan that includes a competitive employer match.

Receive automatic enrollment in the company paid basic life insurance policy with the opportunity to elect supplemental life insurance.

With employment at Birge & Held you have the ability to elect additional ancillary benefit options including but not limited to, Long-Term Disability (LTD), Short-Term Disability (STD) and Critical Illness Insurance that provides extra protection against unexpected health challenges.

Stay connected and equipped for success with a monthly phone stipend of up to $50 to help cover your mobile service costs.

Grow your career through the support of a dedicated Talent Development team and a tuition reimbursement program.

Whether you're building new skills, exploring new roles, or pursuing a degree, you'll have the resources and guidance to reach your full potential.

Be part of an organization consistently recognized as one of the Top Workplaces in the USA, where your contributions are valued and celebrated.