Controller - One Wall Management

September 29, 2017

One Wall Management

Newark, New Jersey 07102


Job Description/Role and Responsibilities

Position Title: Controller

Reports to: COO

Direct reports to this position: All Accounting Staff

Status: Exempt


Job Summary:

The Controller is responsible for leading the accounting operations of the company, to include the production of periodic financial reports and budgets, maintenance of adequate accounting records, preparation of tax returns and regulatory compliance. At all times, the Controller will maintain a comprehensive set of controls designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles and/or tax returns and regulatory compliance.  


Essential Functions:

  1. Ensure that accounts payable are paid in a timely manner
  2. Ensure that all reasonable discounts are taken on accounts payable
  3. Ensure that accounts receivable are collected promptly
  4. Process payroll in a timely manner
  5. Ensure that monthly bank reconciliations are completed in a timely manner
  6. Ensure that required tax and loan payments are made in a timely manner
  7. Maintain the chart of accounts
  8. Maintain an orderly accounting filing system
  9. Issue timely and complete financial statements
  10. Coordinate the preparation of corporate and property level quarterly and annual reports
  11. Recommend benchmarks against which to measure the performance of company operations
  12. Measure and report financial and operating metrics
  13. Manage the production of annual budgets and forecasts
  14. Calculate variances from the budget and report significant issues to management
  15. Provide a system for cost management and reporting
  16. Provide financial analyses as needed, in particular for capital investments
  17. Coordinate the provision of information to external auditors for annual audits
  18. Monitor debt levels and compliance with debt covenants
  19. Comply with local, state, and federal government reporting requirements and prepare all corporate and property entity tax filings
  20. Calculate, pay and track investor distributions



Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.


Core Competencies:

  • Must be able to help create and assist with short-term and long-term financial goals for organization
  • Must be able to coach and develop financial and accounting support staff
  • Must reward people for their achievements
  • Must have experience and aptitude for managing cross-functional teams
  • Must be highly proficient in Microsoft Excel and Quickbooks and preferably in one or more property management/accounting/ERP systems such as Yardi, RentManager, AppFolio, RealPage, Buildium, NetSuite, Oracle, SAP
  • Must have superlative verbal and written communication skills



Education, Training and Certifications:

  • The Controller candidate should have a Bachelor's degree in accounting or business administration, or equivalent business experience and 10+ years of progressively responsible experience in an accounting firm or a startup, growth company, large company or division of a corporation with at least $20mm of annual revenue. Preference will be given to candidates with significant real estate investment/property management experience and the Certified Public Accountant or Certified Management Accountant designation. Spanish language proficiency is a plus.



  • 10+ years of relevant accounting experience with at least 3 years of significant real estate exposure


Other Requirements:

  • Applicant may be required to participate in and sign a release form to participate in a drug and alcohol screening process and/or criminal background check.
  • Must be 18 years of age or older
  • All applicants must be authorized to work in the United States


Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to use hands and arms to handle, feel, reach; and talk, hear, taste or smell. The employee is frequently required to sit, stand, walk, stoop, kneel, crouch, crawl, climb or balance. The employee may occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus. This position is primarily performed in an office setting but will require walking, moving with tenants, visitors and others from the office to various units and parts of the building.  Must be able to operate telephone, computer, office equipment and other business-related tools in order to perform the work successfully.  Must be able to bend, twist and lift at least 10 pounds.  Must have the ability to communicate verbally, in person and in writing, with potential and current tenants as well as employees and managers. 



The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is generally in an enclosed, office environment, but may be occasionally exposed to outside weather conditions. The noise level in the work environment is usually moderate.