Financial Controller Job at COARE Communities LLC
COARE Communities is seeking a hands-on Financial Controller to create and eventually oversee the Company’s accounting department to deliver timely financial reporting to internal and external stakeholders.
Given the phase of our growth, the ideal candidate would get the unique opportunity to hire the company's junior staff while having meaningful input on the creation of the department's standard operating procedures.
RESPONSIBILITIES:
- Prepare, review, and complete all weekly, monthly, and quarterly financial statements including: Profit & Loss, Balance Sheet, Cash Flow, Variance, and management commentary by respective deadlines.
- Prepare and file monthly, quarterly, and annual administrative filings with appropriate regulating bodies for all company-related entities.
- Attentively monitor daily cash balances to manage liquidity and potential capital shortfalls.
- Respond to accounting inquiries from external vendors, lenders, and investors within a 48-hour period.
- Lead the accounting integration of future property acquisitions.
- Support external 3rd parties in preparing year-end tax returns by the March 15th deadline.
- Process all movement of company funds alongside payment of all AP, AR, debt payments, and investor distributions.
- Oversee tasking, onboarding, training, and development of accounting staff.
QUALIFICATIONS:
- Minimum 5 years of real-estate accounting experience.
- Bachelor’s degree in finance or accounting.
- Ability to work in a fast-paced organization with tight deadlines.
- Strong analytical, organizational and problem-solving skills.
- Excellent organizational and time management skills and ability to prioritize work.
- Excellent written communication skills and strong interpersonal skills.
- Working understanding of joint venture waterfalls and complex partnership/fund structures is a significant plus.
- Prior experience at a REIT, SEC, or real-estate investment company is a significant plus.
- Prior experience with Rent Manager, Bill.com and Xero is a significant plus but not required.
Remote vs. On-Site: On-site role
Compensation: Commensurate with experience, beginning at $80,000
About COARE Communities
COARE (“Creating Opportunities in Affordable Real Estate”) or (“COARE”) is a real-estate investment company focused on solving the challenge of affordable housing through the acquisition of sustainable Manufactured Housing Communities (“MHC”) across the U.S. Manufactured Housing as a real estate category ranked as the #1 best performing real estate in the 2008-2009 recession. Despite the impressive performance, Manufactured Housing faces a systemic decline in supply given the continued redevelopment of these communities into alternative uses. By acquiring, improving and maintaining these communities, COARE hopes to alleviate the increasing need of affordable housing by providing residents with a safe, reliable, and the lowest cost housing available in the U.S. Since inception, COARE has acquired 19 MHC communities totaling ~1,200 total sites across 8 states.
Job Type: Full-time
Pay: From $80,000.00 per year
Physical setting:
- Office
Schedule:
- Monday to Friday
Supplemental pay types:
- Bonus pay
Ability to commute/relocate:
- Miami, FL 33130: Reliably commute or planning to relocate before starting work (Required)
Application Question(s):
- The role is anticipating an $80,000 compensation range (commensurate with experience) are you comfortable with that salary range?
- Currently the Company does not have an accounting department and we are hoping that the ideal candidate will be able to lead and build that department in the Company. This means that the Controller will be hands-on touching all aspects of financial reporting including AP/AR, Invoices, and day-to-day reconciliation. Is that something you would be comfortable taking on?
Education:
- Bachelor's (Required)
Experience:
- Real Estate Accounting: 5 years (Required)
Work Location: In person
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