Controller

Controller

West Los Angeles, CA | Onsite

Compensation: Up to $225,000 Base + Discretionary Bonus

Elevate is partnering with a prestigious real estate investment firm with a long history of acquiring, operating, and enhancing residential & multifamily properties throughout the United States. They are seeking a Controller to oversee the accounting operations for a large multifamily real estate portfolio.

This is an excellent opportunity for an experienced real estate accounting professional who enjoys leading teams, improving processes, and partnering cross-functionally to support operational and financial performance. The Controller will oversee the financial reporting for several multifamily properties while mentoring accounting staff, driving process improvements, and serving as a key business partner.

Key Responsibilities

• Lead the month-end, quarter-end, and year-end close process for a portfolio of multifamily properties.
• Review and approve journal entries, account reconciliations, and supporting schedules prepared by the accounting team.
• Ensure accurate accounting for rental revenue, operating expenses, accruals, prepaid assets, fixed assets, depreciation, debt activity, and other property transactions.
• Review monthly financial statements, balance sheet reconciliations, and variance analyses for completeness and accuracy.
• Support consolidated financial reporting, fund-level reporting, and management reporting requirements.
• Assist with annual budgeting, forecasting, and cash flow planning across the assigned portfolio.
• Review property-level financial performance and investigate significant budget-to-actual variances.
• Identify opportunities to improve accounting workflows, reporting processes, and internal controls.
• Maintain compliance with GAAP and company accounting policies.
• Ensure the integrity of financial reporting across multiple legal entities and properties.
• Lead, mentor, and develop a team of Staff and Senior Property Accountants.
• Review team deliverables to ensure quality, accuracy, and timely completion.
• Assist with hiring, onboarding, training, coaching, and performance development.
• Serve as the team's primary technical accounting resource and escalation point.
• Drive initiatives that increase efficiency, scalability, and reporting accuracy.
• Coordinate annual audit requests and prepare supporting documentation.
• Partner with external auditors during financial statement audits.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related discipline. CPA designation and/or Master's degree.
• 9+ years of progressive accounting experience. Combination of public accounting and private industry experience preferred.
• Experience with multifamily portfolios, partnership accounting, investment accounting, or fund reporting.
• Previous experience supervising, mentoring, or leading accounting professionals.
• Strong knowledge of GAAP and financial reporting.
• Property accounting experience, preferably within multifamily or residential real estate.
• Excellent analytical, organizational, and communication skills.
• Ability to manage multiple priorities while meeting deadlines in a fast-paced environment.
• Experience with property management accounting systems such as Yardi.
• Advanced Microsoft Excel skills.