AmCap is looking to fill the full-time, permanent position of Property Controller in our Stamford, CT headquarters. This position will be a key member of our property accounting team and will work closely with the Property Managers and Property Accountants, while reporting directly to the Director of Real Estate Fund Accounting and the CFO.
The Property Controller is responsible for the accounting and financial reporting for an assigned portfolio of properties and works with the accounting team to ensure financial data is complete, accurate, supported and properly presented in accordance with the applicable basis of accounting. Duties include the following:
Preparation of the monthly, quarterly and year end closings, including supporting schedules, financial review, variance analysis and the prompt resolution of issues
Preparation of financial statements in accordance with the GAAP, Tax and Fair Value basis of accounting
Assistance with reporting to management, investors and lenders
Work closely with independent CPA Firm(s) for annual year-end audits
Cash flow monitoring and management
Preparation of annual property and fund level budgets
Review and approval of certain property expenses such as real estate taxes, insurance and capital costs
Billing and collection of the annual CAM/Tax reconciliations
Sales tax filings (as applicable)
Oversight of the lease administration, accounts receivable and accounts payable functions, to ensure compliance with the Company’s policies and procedures
Ad hoc reporting as needed
With solid performance, there is opportunity for more responsibility and advancement.
At least 5 years of experience with accounting for commercial real estate, previous experience as a Controller is a plus
A 4-Year Degree in Accounting from an accredited university required
Solid understanding of Financial Statements and of GAAP, Fair Value and Tax basis of accounting
Outstanding initiative, a strong work ethic, detailed oriented, proven ability to work as part of a team, in a fast-paced environment and manage multiple tasks with competing priorities and deadlines
Excellent analytical, interpersonal, verbal, and written communication skills
Ability to adapt quickly to new technology and work with others in implementation of new assignments
Strong working knowledge of Microsoft Office, particularly Excel
Experience with Real Estate Industry Software (Yardi, MRI) and Third-Party AP processing Software (AvidXchange) is a major plus
The salary + bonus is commensurate with experience. AmCap also offers to employees other compensation opportunities and an above-average benefits package.
About AmCap Inc
AmCap Inc., a Stamford, CT based Commercial Real Estate Investment and Management Firm, has a solid 40+ year reputation of acquiring, managing and redeveloping commercial retail properties, while generating above average returns for its investors. AmCap’s nationwide portfolio is currently valued at over $1 billion and 4,750,000 sq. ft. The portfolio has grown significantly in size in the last 15 years and further growth is projected to continue for the foreseeable future.