Assistant Controller

Maloney Properties accounting department is looking for a highly motivated and analytical individual with real estate accounting experience for the Assistant Controller position. The successful individual will also have a strong desire to be part of a true, diverse team and to work in an environment that fosters learning through interaction with other property management professionals in a stable and growing company. Possibility to work fully remote after the first 3 months.
Responsibilities include, but are not limited to:
* Lead, instruct and supervise three to five Property Accountants,
* Assist Property Accountants and Regional Managers with weekly cash management.
* Prepare or review monthly, quarterly, and annual property reports to ensure their timely submissions.
* Monitor properties monthly financial performance and manage residual receipt requirements with Regional Manager in accordance with the regulatory agreements.
* Prepare breakeven calculations, cash flow analysis and other analytical reports as necessary.
* Work with Controller and accounting firms to schedule audit package submissions and field work dates.
* Review properties' year end work papers as well as interact with auditors, property managers and regional managers to address open items.
* Work with accounting firms to achieve the timely completion of audits as stipulated in the governing documents.
* Review governing documents and prepare year end distribution calculations accordingly for controller's review as well as overseeing the actual disbursements.
* Work with the Construction Coordinator to track project progress, completion status and prepare payment applications.
* Work with Project Coordinator and Property Accountant to schedule vendor payments if applicable.
* Work with Property Accountant to issue the Contracting Service Department monthly financial statements including projects Status report and submit to CFO.
* Other duties as assigned by a supervisor.
* Working knowledge of at least five years' experience with accounting for subsidized housing. Public Accounting experience is preferrable.
* Experience supervising accounting staff.
* Advanced MS Excel skills.
* Knowledge of Yardi is beneficial.
* Knowledge of HUD regulations as it applies to financial reporting.
* Good written and verbal communication skills are necessary for interaction with clients, banks and State, Federal and City Regulatory agencies.