CFS · 16 hours ago
Real Estate Controller - Multifamily
CFS is seeking a Real Estate Controller to oversee financial operations in multifamily properties. This role involves direct interaction with ownership and investors while managing complex financing transactions and ensuring compliance with accounting standards.
Responsibilities
Review funding requests to investors and lenders; coordinate approvals for reserves and write-offs in accordance with governing agreements
Ensure accounting records and financial reports are accurate, timely, and compliant with GAAP (including debt modifications, acquisitions/dispositions, and interest capitalization)
Perform general ledger review and analysis; oversee month-end and quarter-end close processes
Review and prepare Property/Development Management Fees and Construction Management Fees, ensuring proper calculation, invoicing, and recording
Review monthly and quarterly financial statements and supporting schedules in partnership with Property/Project Managers and Accounting teams
Research accounting guidance and draft position memos for new or complex transactions
Maintain strong internal controls and ensure compliance with established accounting policies
Support Asset Management and Property Management with annual budgets and reconciliations between Argus models and budgets/forecasts
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field
Strong background in real estate, development, or construction accounting
Experience with complex transactions (debt, acquisitions/dispositions, interest capitalization)
Advanced Excel skills
Detail-oriented with the ability to partner cross-functionally
Preferred
CPA
Argus experience