Assistant Property Controller

Join a highly respected investment and real estate management company in Cambridge as an Assistant Property Controller supporting a large, complex portfolio of commercial, lab, retail, residential, and development assets. This is an outstanding opportunity for a seasoned real estate accounting professional who enjoys process improvement, cross-functional collaboration, and high-visibility work in a mission-driven environment. 

If you are a Senior Property Accountant looking to make a jump or an Accounting Manager or Assistant Controller looking something new, this organization has a great reputation for culture and will consider candidates who can put their ego aside and collaborate on the mission, especially those who have been involved in system and process improvements, change management, and just overall organizational improvements within one of their past roles in property accounting.  

Key Details

• Work Arrangement: Hybrid with onsite in Cambridge Tuesday, Wednesday, and Thursday; remote Monday and Friday set-up. 
• Compensation: $150,000-$160,000 base salary
• Bonus: Target bonus potential of approx $10,000-$20,000 annually
• Benefits: Medical, dental, vision, and 401(k) as well as other exceptional direct hire benefits that are provided by the company

Why This Job is Awesome / Your Impact

• Join a prestigious, mission-driven organization with a significant and diverse real estate portfolio
• Take on a newly created role with strong visibility and room to make an impact
• Help lead accounting oversight for a growing portfolio with multiple asset classes and ongoing development activity
• Play a key role in strengthening processes, improving reporting, and supporting organizational change
• Work closely with internal stakeholders, outsourced property management teams, and external partners in a collaborative, high-performing environment

Responsibilities

• Oversee day-to-day accounting and finance-related activities for an outsourced property management function
• Review lease terms and related activity in property accounting systems and escalate issues as needed
• Maintain the integrity of real estate subledgers and support accurate data flow into reporting systems
• Partner with accounting and asset management teams to enhance processes and reporting deliverables
• Identify accounting gaps, risks, and policy improvement opportunities
• Lead monthly, quarterly, and year-end portfolio review processes
• Partner with external auditors for annual and standalone audit activity
• Support joint venture administration and related accounting processes
• Help manage treasury activity and portfolio cash position
• Track debt terms, key dates, and covenant-related compliance requirements
• Support regulatory and tax-related compliance activity
• Facilitate transitions between development-stage and operating properties
• Research accounting issues and assist with special projects and initiatives as needed

Required Qualifications

• At least 6 years of real estate accounting experience
• Demonstrated experience with process improvements, systems enhancements, change management, or organizational improvements
• Experience at the Accounting Manager or Assistant Controller level, or closely related experience
• Strong understanding of property accounting and financial reporting
• Bachelor's degree in Accounting, Finance, or a related field

Strongly Preferred Qualifications

• Experience with Yardi and/or RealPage
• CPA
• Experience with joint ventures
• Experience across multiple asset classes such as commercial, lab, retail, and/or residential real estate
• Experience with leasehold and fee simple accounting