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.


  • 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.


  • 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