New

Assistant Controller

Vaco
$160,000.00 - $180,000.00 / yr
401(k), retirement plan
United States, New York, New York
Apr 02, 2025
Assistant Controller Location: NYC based Compensation: $160-189k base plus bonus A leading international real estate company is seeking a detail-oriented and proactive Assistant Controller to join our team. This role will support the Controller and Chief Accounting Officer in managing the daily financial operations for a portfolio of 400+ properties and investment entities. Responsibilities: General Accounting & Financial Reporting: Record, review, and approve journal entries, ensuring proper expense coding. Manage GL/MRI setup and maintenance for new properties and accounts. Reconcile intercompany balances and monthly payroll clearing accounts. Perform ad-hoc account analysis and balance sheet reviews. Transaction & Treasury Management: Record and manage financing transactions, including mortgages and foreign currency. Support treasury functions, including cash flow forecasting and fund transfers. Review and approve distributions and monitor internal loans. Review and oversee mortgage obligations, including new mortgage setups. Maintain detailed schedules of foreign currency activities and letters of credit. Manage Bank reconciliations, and resolve issues. Compliance & Reporting: Ensure compliance with internal controls, policies, and external regulations. Collaborate with auditors, tax advisors, and external stakeholders. Monitor annual NYC tax assessments and work with certiorari attorneys. Manage detailed GL activities for foreign entities and complete year-end write-ups. Process Improvement: Identify and implement process and control improvements. Requirements: Bachelor's degree in Accounting or Finance. Proven experience as a Senior Accountant, Assistant Controller Mandatory: Experience in the real estate industry and management. Strong understanding of financial concepts, real estate transactions, and accrual accounting. Proficiency in Excel and accounting software (MRI, Sage, Kyriba, Avid, Concur preferred). Excellent analytical, organizational, and time management skills. Strong verbal and written communication skills. Ability to work independently andcollaboratively. Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan. Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.