Controller, Commercial Accounting, The Grand LA Job at Related
The Controller role will work with the Commercial Accounting group. The Commercial Accounting group is responsible for the daily accounting operations of Related’s commercial portfolio which covers retail, office, condominium, restaurant and experiences areas. The group’s responsibilities include internal and external management reporting, debt and partner compliance as well as interacting with lease administration, treasury and information technology.
The Controller will be responsible to lead various teams through financial reporting, daily and period end accounting activities, performing general ledger financial analysis, cash management, cash flow analysis, preparing annual year-end projections, and analyzing monthly and year-to date budget variances. This project includes a variety of operating business units for the mixed-use Los Angeles project known as The Grand. This position also involves collaboration with the finance team and senior leaders to produce a variety of high quality monthly and quarterly reports that are used companywide for reporting, analysis and planning. The ideal candidate is a highly entrepreneurial and self-motivated person who thrives in a dynamic work environment and demonstrates a flexible and adaptable work style that responds quickly and efficiently under tight deadlines. The Controller will report to the SVP of Commercial Accounting and will be based in our Los Angeles office.
- Lead a team in accurately accounting for various building operations and transactions
- Review and analyze the general ledger, financial statements and appropriate accrual and adjusting journal entries in accordance with GAAP
- Prepare financial statement analysis for management and partners on GAAP, IFRS and cash basis
- Collaborate with the SVP and business executives on cash flow forecasting
- Review detailed monthly, quarterly and year end work paper packages from posted journal entries and general ledger analysis
- Preparation of annual audited financial statements on GAAP and IFRS basis
- Assist with preparation of yearly budgets and quarterly forecasting
- Review monthly bank reconciliations
- Create reporting templates, formulate analysis using applications such as Excel, and JD Edwards accounting software and participate in various business process/technology integration initiatives
- Assist with special projects, as needed
- $170,000 - $200,000 / year
- Annual performance based bonus
- Bachelor’s degree in Accounting
- 10+ years of real estate experience, CPA preferred
- Public accounting experience preferred
- Strong knowledge of GAAP/accounting theory
- Excellent written and communication skills
- Strong analytical ability
- Mature professional with sound judgement and interpersonal skills
- Proficiency with standard suite of Microsoft Office applications, especially Excel
- Knowledge of JD Edwards and Hubble a plus
- Ability to handle multiple tasks and work independently with attention to details
Please note that Related has adopted a COVID-19 vaccination policy to safeguard the health and well-being of our employees. As a condition of employment, Related employees working on-site are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by law.
Related values diversity in backgrounds and experiences. We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geography, and market standards.
For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at https://www.related.com/privacy-policy.
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Overview:Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $60 billion, including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side.
Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related at www.related.com.
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