Sr. Real Estate Controller / Director of Asset Manager - The Zar Group LLC

January 24, 2018

The Zar Group LLC

New York, New York 10018


Sr. Real Estate Controller / Director of Asset Manager
The Zar Group – New York, NY

The Zar Group is a family owned commercial real estate firm overseeing properties in New York, Florida, and Israel performing our own Asset Management and Acquisitions seeking a real estate controller/ asset manager.

The Sr. Real Estate Controller/Asset Manager is responsible for all financial and fiscal management aspects of company operations. Provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company.

PRIMARY RESPONSIBILITIES

  • Coordinate the preparation of financial statements, financial reports, special analyses, and informational reports;
  • Negotiate leases with real estate lawyer and brokers.
  • Project and analyze cash flow, cost controls, and expenses to guide upper management. Analyze financial statements to pinpoint potential weak areas.
  • Oversee the approval and processing of third party account back office.
  • Develop, document and implement finance, accounting, billing, and auditing procedures as needed.
  • Establish and maintain appropriate internal control safeguards.
  • Administer company’s commercial insurance policies and coordinate renewal process.
  • Ensure compliance with local, state, and federal reporting requirements; function as liaison with company’s tax accountants for tax return preparation.
  • Review and approve all process of account payable
  • Provide Financial information for bank / investors as needed
  • Oversee Bank reconciliation
  • Monthly report to investor and coordinate investor needs
  • Discuss with Senior Management on monthly basis Performance of the entity.
  • Other duties as assigned.

KNOWLEDGE AND SKILL REQUIREMENTS

  • Bachelors/Masters Degree in Accounting.
  • 7-10 years of experience in real estate accounting/asset management.
  • Knowledge of finance, accounting, budgeting, and cost control principles.
  • Expert knowledge of leases.
  • Ability to prepare and run a year-end review or audit as required by lenders with minimal financial adjustments.
  • Ability to analyze financial data and prepare financial reports, statements, and projections.
  • Work requires professional written and verbal communication and interpersonal skills.
  • Strong project management skills.
  • Ability to participate in and facilitate group meetings; prepare agendas, document action items and distribute meeting minutes.
  • Strong competency in Microsoft Office products including Word, Excel and PowerPoint
  • Highly analytical, resourceful, one who takes initiatives and is confident in one’s work and abilities
  • Ability to work autonomously, be proactive, take ownership of processes, multi-task and thrive in an entrepreneurial setting
  • Strong time management skills and ability to operate proactively under demanding deadlines
  • Desire to innovate and implement systems to ensure operational efficiency
  • Experience working at a small company completing wide-ranging accounting-related tasks from “soup to nuts”
  • Excellent writing, communication, and interpersonal skills as this position requires interacting with our tenants, investment partners
  • Strong work ethic and attention to detail with a history of meeting deadlines
  • Demonstrable track record of independent thinking, good judgment, and quick decision-making ability
  • Self-motivated with a hands-on, proactive style
  • Ability to operate independently, as well as in a team environment
  • High level of integrity