Assistant Controller/Risk Manager
Job Description
Job Description
Position Summary:
We are seeking a highly motivated and detail-oriented Assistant Controller / Risk Manager to join our Accounting team. This dual-role position is ideal for a seasoned accounting professional with strong analytical skills and a proactive mindset toward risk mitigation and compliance. The successful candidate will be instrumental in supporting financial reporting, controls, and operational risk management for a growing portfolio of multi-family properties across multiple markets.
Key Responsibilities:
Accounting & Financial Reporting (Assistant Controller Functions):
- Assist with the preparation and review of monthly, quarterly, and annual financial statements for multiple entities and properties.
- Assist with property-level accounting functions, including general ledger maintenance, bank reconciliations, accruals, and journal entries.
- Assist with external audits, tax return preparations, and lender reporting requirements.
- Perform ad-hoc and short-term accounting and financial tasks as requested by senior management, including special analyses, reporting needs, or time-sensitive projects.
Risk Management Functions:
- Serve as the internal point of contact for insurance matters, working closely with brokers and property teams.
- Manage the annual insurance renewal process for property and corporate coverages.
- Track and respond to insurance claims, coordinating with adjusters and legal teams as needed.
- Maintain COI (Certificate of Insurance) compliance for vendors, contractors, and tenants.
- Identify and assess operational and financial risks across the portfolio; recommend and implement mitigation strategies.
- Monitor lender and investor compliance requirements related to insurance and risk matters.
- Evaluate risk exposures and ensure adequate coverage and policy limits across all assets.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field.
- 5+ years of progressive accounting experience, ideally in real estate, private equity, or property management.
- Strong understanding of GAAP and financial reporting principles.
- Prior experience managing or coordinating risk management and insurance programs.
- Familiarity with Yardi, MRI, or similar property management/accounting software.
- Excellent analytical, organizational, and communication skills.
- Ability to thrive in a fast-paced, entrepreneurial environment.
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