Job Description

COMPANY

Rockstep Capital is a fast-growing real estate investment company based in Houston that plans to acquire 15-25 distressed malls in the next 3 years in addition to purchasing power & grocery-anchored centers. The Company has built or acquired over 8MM square feet of shopping centers and currently operates in eleven states.

RockStep has a strong executive team with deep experience in acquisition, redevelopment, leasing, property management, and construction management. RockStep operates with high integrity and has excellent relationships with tenants, communities, investors, and service professionals. The mission of the company is to make communities better by investing capital and expertise in assets that affect the quality of life in these communities.

The company has 25 RockSteps that comprise “The RockStep Way” (see rockstep.com). The RockStep way defines the rules of behavior at RockStep. They are taken VERY seriously and are the core of our culture and how we operate.

POSITION DESCRIPTION

We are actively recruiting for a talented, entrepreneurial-minded Controller to join the company. Reporting to the President, the position will be based in the company’s Houston headquarters office and require some travel. This is an opportunity to become an integral member of a cohesive team where every member is recognized for the vital role they play in the success of the company.

Accounting:

Prepare timely, accurate, and complete monthly/quarterly/annual consolidating financial reporting packages.
Establish and consistently improve monthly, quarterly, and annual close processes.
Build, track, and assess key business driver KPIs such as performance scorecards and operational dashboards.
Maintain consistent charts of accounts, an orderly filing system, and a system of controls and policies for all accounting transactions.
Manage cash including monitoring daily balances, receipts and disbursements, and rolling cash flow forecasts.
Manage tax preparation with external advisors for local, state, and federal tax filings.
Ensure completion of annual audits and related bank financing and other reporting requirements.

Finance:

Partner with senior management to build financial discipline throughout the organization and enable strong performance against strategic, financial, and operational goals.
Support any transaction or debt/equity financing activities, other capital structure needs, or shareholder distributions.
Participate in strategic planning and budget processes. Develop, maintain, and own the monthly budget and forecast.

Actively participate in the acquisitions/dispositions process. Support underwriting including financial modeling and due diligence on prospective investment opportunities, and working with legal teams, brokers, vendors, and lenders.

Identify new acquisition loans and manage the existing loan portfolio. Source new loans and refinance opportunities, evaluate financing alternatives, facilitate lender underwriting and manage the process through to completion

Investor & Banking Relations:

Support President in all aspects of Investor Relations
Lead preparation of annual and quarterly financial statements, investor information statements, and lender information statements
Lead compliance with all external and internal agreement requirements, calculations, and payments, and document accounting implications and reporting requirements of transactions
Upgrade of financial reporting to lenders and investors
Work with the team in the development of lender and investor pitch books

WHAT YOU NEED TO SUCCEED:

A Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or related field. A CPA, CMA, or an MBA are strong positives.
Demonstrable experience obtained through increasingly responsible positions within the accounting and finance functions, with at least 3 years of management experience and 5 years in Commercial Real Estate, Investment Banking, Real Estate Banking, or a related industry. Real Estate experience should include financial analysis, accounting, acquisitions & dispositions, financing (debt & equity), and investor relations.

Exceptional knowledge of finance, accounting, budgeting, cost control principles, reporting, and Generally Accepted Accounting Principles (GAAP).
Proven experience improving financial operations (processes, systems, and controls) and reporting, both internally and externally to support a scaling business

Proven success in a multi-location real estate business with an ability to coach property-level finance and accounting staff.

Proficiency with financial modeling techniques and valuation methods used by analysts and investors in the real estate sector.
Ability to take initiative and function independently balanced with strong teaming skills
Excellent interpersonal and communications skills with the ability to maintain relationships at all levels and to simplify the complexity of information in communications.
High standards of professional and ethical conduct