Job Description

Rize Property Management was created to operate the Restore West residential rental property portfolio referenced below and has grown to be a leading Salt Lake area fee management company with a focus on small to midsize multifamily properties. The managed portfolio consists of over 1,300 units and hundreds of independent ownership groups. The growth trajectory has added hundreds of units per year with plans to continue.

Restore West is a real estate investment fund and operator currently focused in the Salt Lake metro area. With backing from one of the country’s leading institutional investors and largest banks, Restore West has invested over $190mm in residential rental properties including nine multifamily communities totaling over 600 units, and over 500 single-family rentals. Restore’s mission is to invest in under-served communities, revitalizing the existing housing stock of workforce housing.

We are seeking an entrepreneurial, detail-oriented, and hands-on Controller to oversee all financial activities of the property management business including property accounting, benefits and payroll. In attrition the Controller will oversee the accounting and tax management for the investment funds of Restore West. This role will report directly to the President with direct responsibilities to the Rize General Manager.

Primary Responsibilities

Lead the accounting department into the next level of company growth by identifying and implementing impactful technology platforms.
Ensure appropriate controls and procedures are in place for accurate and timely financial reporting and month-end close.
Preparation of bank and credit card reconciliations, journal entries, and bank deposits.
Oversee the preparation of detailed property financials in connection with month, quarter and year-end financial audit and reporting process to investors and partners.
Lead audit and tax preparation process for multiple entities.
Administer multi-entity budget and cost allocation.
Oversee and conduct accounts payable and receivable activities.
Utilize existing accounting and develop new systems to automate processes and reporting where appropriate.
Support property management team with property level entries and financial adjustments in a timely manner.
Work with property and asset management to research and explain budget to actual variances and share these explanations with leadership for use in monthly management meetings.
Support Partners with ad-hoc analysis requests.
Communicate with property owners/investors to fulfill periodic requests.
Conduct lender compliance reporting and loan compliance activities.
Perform multi-entity payroll and administer 401K, health and other benefit plans.

Requirements

Bachelor’s degree in Accounting or related field. CPA license or candidate preferred.
Ideal candidate will have minimum 5-10 years of relevant experience in operating company and fund accounting and financial analysis.

Experience with partnerships.
Experience managing mid- and entry-level accounting staff.
Ability to effectively communicate across all professional levels from institutional investors to entry level property management staff.
Strong understanding of accounting principles and the accounting requirements of real estate organizations
Proficient with QuickBooks, Appfolio and Excel.

Why Work at Rize Property Management/Restore West?

Rize Property Management provides a simple and effective rental experience for both owners and renters. We have a clear and unique expertise in small and medium size residential rental properties and clear path toward growth. In addition, we are a real estate investor that has rapidly expanded since its inception in 2012 with professional management and entrepreneurial drive. This role is the lead accounting function in the company working directly with leadership.

Benefits