Assistant ControllerCompany Background
Iron Stone Real Estate Partners is a dynamic, growth-oriented real estate firm based in Philadelphia, PA that acquires, develops and manages commercial and residential projects. Watchtower Property Co is the property management company responsible for oversight of Iron Stone’s portfolio. We pride ourselves on our commitment to operational excellence, financial integrity, and a collaborative work environment.
Position Overview
We are seeking an experienced Assistant Controller to join our accounting team. This role will provide high-level support to the CFO, handling day-to-day accounting operations, financial reporting, cash management and compliance. The ideal candidate will be a strategic thinker, hands-on leader, and a partner in supporting the company’s success.
Responsibilities
In addition to typical accounting responsibilities, the accounting team is charged with protecting company assets and supporting leasing, property management and operational teams in the field.
Oversee interim review and year-end close processes, including preparation of financial workpapers and supporting schedules.Accounts payable oversight and check printing.Analyze financial data and provide actionable insights to management.Lead and manage the accounting team, ensuring accurate and timely accounting records.Maintain and strengthen internal controls, policies, and procedures.Prepare annual CAM Reconciliations: Review lease agreements and expense records to accurately identify, allocate, and reconcile common area maintenance charges. Prepare CAM budgets. Communicate results to tenants.Coordinate audits and liaise with external auditors.Ensure compliance with regulatory requirements such as housing licenses, use and occupancy tax, and DOS registrations.Active oversight of cash balances, bank recs, and debt service. Interface with insurance agent and consultant on policy renewals and premium payments. Track loss data as needed.Process semi-monthly payroll on ADP TotalSource platform. Onboard and offboard employees. Lead HR matters as needed with guidance from ADP TotalSource (CPEO).Competencies, Skills & Experience
We seek someone who can think beyond the process. Someone who can interpret the story behind the numbers, identify issues and take appropriate action. Ability to manage priorities on a daily basis, pivot and provide ad hoc support to CFO and partners in a timely manner.
Hands-on experience executing year-end close and coordinating with third-party CPA firm in support of tax return preparation.Very strong analytical and problem-solving abilities.High attention to detail and accuracy.Excellent leadership and team management skills.Effective communication and interpersonal skills.Ability to work independently and collaboratively in a fast-paced environment.What You’re Motivated By
Making an impact on company operations.Leading and developing a dedicated, motivated team.Creative problem solvingSolving financial and operational challenges.Working in a results-driven, supportive culture.Working directly with the CFO and partners, gaining exposure to executive-level projects.Establishing yourself for a long term career.Qualifications
Bachelor’s degree in Accounting, Finance, or related field (CPA preferred).10+ years of progressive accounting experience, ideally in commercial real estate property management.Hands-on accounting, CAM reconciliation and payroll processing experience.Prior supervisory experience.Company Benefits
Package includes 80% coverage of employee’s health insurance, 401(k) plan with match, PTO and paid holidays. Additional options are available as well as flex spending programs. We offer opportunities for training, education and career advancement to help you grow professionally.
Company Culture
The office atmosphere is friendly and professional. We believe in celebrating successes, supporting each other through challenges, and maintaining a positive, inclusive workplace. And yes, we provide an endless supply of pretzels, unshelled peanuts and fresh coffee to keep everyone energized.
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