Birge & Held · 22 hours ago
Assistant Controller, Asset Accounting
Indianapolis, IN
Full-time
Hybrid
Mid, Senior Level
5+ years expBirge & 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
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
Flexible hybrid schedule and a generous paid time-off policy, including up to 20 days of PTO per year
14 holidays including a floating holiday and your birthday
Veterans Day as a paid day off
8 hours of Volunteer Paid Time Off (PTO) each year
Up to 3 weeks of paid parental leave
6 weeks of paid childbirth leave
Performance-based bonus
Exclusive employee discounts at Birge & Held properties
Wellness program that supports your physical, mental, and emotional health
Up to $25 in monthly gym membership reimbursements
Certified health coaches
Competitive dental, vision, and comprehensive medical plans
401(k) plan that includes a competitive employer match
Company paid basic life insurance policy
Opportunity to elect supplemental life insurance
Long-Term Disability (LTD), Short-Term Disability (STD) and Critical Illness Insurance
Monthly phone stipend of up to $50
Dedicated Talent Development team
Tuition reimbursement program
Company
Birge & Held
Birge & Held is a private equity real estate investment firm, provides real estate investment, property management & construction services.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Andrew Held
President & COO
Sarah (Lapp) Souers, MBA
Strategic Partnership Manager
Recent News
2025-07-04
2025-07-02
Business Wire
2025-05-17
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