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Cherry Bekaert
ControllerCherry Bekaert • Bethesda, MD, USA
Controller

Controller

Cherry Bekaert • Bethesda, MD, USA
30+ days ago
Salary
$10.00 hourly
Job type
  • Full-time
Job description

Controller

This is a hybrid role (3 days in-office).

Compensation: $150-170k + 10-15% bonus, depending on related expertise.

The Controller will lead day-to-day accounting operations for our commercial/retail real estate portfolio, ensuring accurate and timely financial reporting, strong internal controls, and compliance with income tax-basis accounting standards and lender/investor requirements.

This role partners closely with the CFO on financial strategy while managing a team of two Senior Accountants and owning the monthly close, property-level reporting, and compliance processes.

Key Responsibilities
Financial Reporting & Close

  • Own the monthly, quarterly, and annual close process across the property portfolio and corporate entities
  • Prepare consolidated financial statements, property-level P&Ls, and variance analyses for the CFO and ownership/investors
  • Ensure accurate accounting for CAM reconciliations, tenant billings, depreciation, and capital expenditures on an income tax basis
  • Review and approve journal entries, account reconciliations, and balance sheet schedules prepared by the team
Team Leadership
  • Manage, mentor, and develop two Senior Accountants, including workload allocation, performance reviews, and professional growth
  • Establish and document accounting procedures and review checklists to ensure consistency across properties
  • Serve as the escalation point for complex accounting issues raised by the team
Controls & Compliance
  • Maintain and strengthen internal controls over financial reporting across the portfolio
  • Serve as primary liaison for tax preparers and lender reporting requirements
  • Ensure compliance with loan covenants, partnership agreements, and investor reporting obligations
  • Oversee property tax, insurance, and 1099 reporting processes
Process & Systems
  • Identify and implement process improvements and automation opportunities within the accounting function
  • Own the chart of accounts and property accounting system administration (e.g., Yardi, MRI, or similar)
  • Support budgeting, forecasting, and cash management in partnership with the CFO
Business Partnership
  • Provide the CFO with financial analysis and ad hoc reporting to support acquisition due diligence, refinancing, and dispositions
  • Collaborate with property management and asset management teams on operational and financial questions

Qualifications
  • BS/BS in Accounting or Finance
  • CPA preferred
  • 7+ years of progressive accounting experience required
  • 2+ years in a supervisory/management role required
  • Commercial real estate accounting experience required (CAM reconciliations, multi-entity/property consolidations, income tax-basis reporting) required
  • Knowledge of income tax-basis accounting principles as applied to real estate is preferred
  • Proficiency with property accounting software (Yardi, MRI, AppFolio, or similar) and advanced Excel skills are preferred
  • Experience managing lender and investor reporting cycles preferred
  • Strong organizational skills, attention to detail, and ability to manage multiple deadlines across a portfolio of properties are required
  • Excellent communication skills and demonstrated ability to lead and develop a team are required

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Controller • Bethesda, MD, USA

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