Controller

Position Overview

Controller Commercial Real Estate is responsible for planning and directing the accounting operational functions supporting the Commercial Real Estate (CRE) segment, assisting with the budget, and forecasting process, managing the accumulation and consolidation of the financial data for internal and external financial statements evaluating accounting and internal control systems, and managing departmental staff.

This position is supervisory and has direct reports.

Essential Functions and Responsibilities

• Manage the accounting team's day-to-day accounting activities, including managing client invoicing, ensuring proper payroll, accruals, and accounts payable expense coding at department level, and preparing monthly reconciliations
• Manage the preparation of the segment's financial reporting packages and work with the property management team for analysis of results compared to budget forecast, prior sequential months, and prior year
• Coordinate the month-end close for the CRE segment
• Conducts and provides discounted cash flow models, net present value models and sensitivity analysis of these models to present to ownership and provide guidance on options when negotiating the lease business terms
• Supervise the year end financial audit and common area expense audit
• Preparation of the annual financial budget and periodic forecast updates
• Ensure accounting processes are operating effectively and efficiently.
• Use Key Process Indicators to periodically report to the Owner and Chief Financial Officer on operating effectiveness.
• Ensure internal accounting controls over accounting processes and reporting are operating effectively.
• Identify opportunities to improve internal controls.
• Ensure that MRI accounting policies and procedures are complied with and assist with the periodic review and update of policy documentation.
• Ensure that accounting workpapers are properly prepared and readily accessible for review or audit, as necessary
• Prepare or oversee preparation of supporting accounting documentation for non-standard accounting transactions, as needed.
• Manage ad hoc projects
• This position supervises and mentor's others.
• Provide feedback to team members on performance and growth opportunities.
• Communicate with senior management on team performance and make recommendations for promotions, incentive compensation and corrective actions when necessary

Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Required Education and Experiences:

• Bachelor's degree in Accounting, CPA or MBA required or equivalent combination of education and experience
• Minimum 10 years of experience serving in a senior level accounting position of a real estate firm that owns and/or manages Class A office buildings.
• Demonstrated experience working with business operations management
• Demonstrated knowledge of GAAP
• Ability to work in a dynamic and changing environment
• Demonstrated ability to understand complex accounting processes and employ effective auditing capabilities, with specific experience managing the month-end close process
• Demonstrated ability to identify and execute operational excellence and continuous improvement initiatives to improve resource and process optimization.
• Previous experience with Six Sigma or similar process improvement methodologies is a plus.
• Proficient in MRI, Microsoft Office Suite with a high degree of proficiency in Excel and Word
• High attention to detail and excellent organizational and writing skills
• High level of integrity and dependability with a strong sense of urgency and results-orientation
• Mix of public accounting and industry experience
• Strong leadership skills
• Ability to manage direct reports

Work Conditions & Physical Demands

• Strong organizational skills reflect the ability to seamlessly perform and prioritize multiple tasks with excellent attention to detail.
• Strong interpersonal skills and the ability to build relationships with stakeholders, including staff and external partners.
• Expert level written and verbal communication skills.
• Demonstrated proactive approaches to problem-solving with strong decision-making capability
• Highly resourceful team player, with the ability to also be extremely effective independently
• Proven ability to handle confidential information with discretion, adapt to various competing demands, and demonstrate the highest customer/client service and response level.
• Demonstrated ability to achieve high-performance goals and meet deadlines in a fast-paced environment.
• Forward-looking thinker who actively seeks opportunities and proposes solutions.

Values We Seek

• Respect: Respect is shown by demonstrating a sense of self-awareness and reflecting on one's own words and actions to adapt, grow, and succeed. We embrace our differences while recognizing what brings us together.
• Collaboration: Collaboration begins with strengthening our relationships with our residents, owners, partners, and employees, relying on strong communication and a deep understanding of the values and needs of all those involved.
• Service-Focused: Understand what internal and external stakeholders value and anticipate their needs; strive to create a meaningful experience and build lasting relationships.
• Performance: Achieving exceptional performance requires us to work on the right things at the right time and stay aligned with our business fundamentals and priorities. It also requires us to understand the business – carefully and critically analyzing our performance and metrics and weighing options and risks before making decisions.

Expected Hours of Work & Travel

• Days and work hours are generally Monday through Friday but may require evening and/or weekend.

EOE/Disabled/Veterans Statement

We are an Equal Opportunity Employer. Each applicant for employment is solely based on job qualifications, regardless of race, color, religion, sex, sexual orientation, genetic information, age, disability, national origin, veteran status, or any other classification protected by law.

Background Check Process

Employment with Millennia Housing Management, Ltd. is contingent on completing a complete background check process, including reference, pre-employment drug testing, credit, and criminal background review.

Acknowledgment:

This job description is not designed to cover or contain a comprehensive listing of the employee's activities, duties, or responsibilities for this job. The employee signature below constitutes the employee's understanding of the requirements, essential functions, and duties of the position. Duties, responsibilities, and activities may change with or without notice.

About The Millennia Companies

Founder and Chief Executive Officer Frank T. Sinito entered the real estate business in 1985 with the purchase of a 14-unit multifamily development in Northeast Ohio, handling all aspects of property management and developing a passion for providing exemplary and caring service to residents. From this start, Sinito went on to acquire additional apartment developments, and, in 1995, he founded The Millennia Companies® (Millennia), a high-performance business enterprise that has grown to operate in a diverse set of sectors; opportunities exist in multifamily real estate development, property management, commercial real estate, hospitality and more. We invite you to thrive in your career here as we serve thousands of residents, clients, and customers throughout our dynamic group of companies. You can make a difference at Millennia. Do you value respect, service, performance, and collaboration? These values drive our culture and success, and we recruit employees who embody them. When you join our team, you will be part of an environment that fosters growth and enables excellence. You will also meet passionate employees who work together to advance our mission and create a culture of excellence recognized by industry associations. In 2020, Millennia ranked #1 on the Affordable Housing Finance (AHF) list of Top 10 Companies Completing Substantial Rehabilitation, #4 on the AHF list of Top 50 Affordable Housing Owners, and #18 on the Multi-Housing News list of Top Developers.