CREFC logo

The Professionals’ Choice for Real Estate Jobs
  1. Home
  2. Find Jobs
  3. Controller

Controller

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Accounting / Control
Location
New York
 NY
Postal Code
10019
Country
United States

This job is no longer active.

Description


Fairstead is a privately owned, fully integrated real estate investor and manager specializing in multifamily property. Fairstead owns approximately $2.5 billion worth of real estate, comprised of over 11,500 market-rate, work-force and affordable rental units on behalf of its principals and investors with properties in 14 states and offices nationwide.
Fairstead is seeking an entrepreneurial, detail-oriented Controller to oversee the overall accounting and tax management for our growing housing portfolio. This role can expect primary oversight for our affordable housing portfolio nationwide and will report directly to the CFO. Role may be based out of NYC, Bethesda, or Miami Beach.

*Ideal candidate will have a mix of public accounting experience along with direct work in property accounting for an owner operator*

Requirements

  • Ensure appropriate controls and procedures are in place for accurate and timely financial reporting

  • Oversee month-end close, including reviewing tax-based financial statements

  • Oversee the preparation of detailed audit workpaper in connection with month, quarter and year-end financial audit and reporting process

  • Reconciliation of subsidiary ledgers to general ledger and monthly reports.

  • Utilize existing accounting systems to automate processes and reporting where appropriate

  • Work with property management to research and explain budget to actual variances, and share these explanations with F&A leadership for use in monthly management meetings as required

  • Support CFO with ad-hoc analysis requests

  • Manage annual Building Operating Expenses reports; prepare annual operating budget, revised forecasts

  • Conduct lender compliance reporting and loan compliance activities (e.g., preparing financial packages for lenders, TC201, RPIE, etc.)

  • Experience with partnerships, family partnerships

  • Strong understanding of accounting principles and the accounting requirements of real estate organizations

  • Bachelor’s degree in Accounting or related field

  • Ideal candidate will have a minimum 8-10 years of relevant experience in accounting experience in property management accounting, financial analysis, and/ investment fund management

Why Work at Fairstead?

Fairstead is a real estate owner/operator that has rapidly expanded since its inception in 2013 with four offices across the country and a portfolio that spans 14 states. Come to Fairstead for the opportunity to work closely with senior executives to impact real change and drive decision making from the ground up. Join our team in this growth inspired role to accelerate your career in a fast-growing organization.

Perks

  • Competitive salary, along with full benefits: 401(k) company matching, medical, dental, vision

  • Commuter benefits program to use pre – tax funds for savings on mass transit

  • Wellness programs to promote employee health and self-care





Job Functions


  • Accounting / Control
  • Property Management
  • Tax
 

Job Sector


  • Residential
 

Experience


10+ to 15 years


This job is no longer active.

 
SelectLeaders is where real estate professionals and executives manage their careers, network and come for valuable information about their industry. © 2005 - 2020 SelectLeaders LLC