Assistant Controller Property Management

The Community Builders•Boston, MA

About The Position

The Assistant Controller – Property Management oversees the day-to-day operations of the Property Management Accounting department, ensuring accurate financial reporting, strong internal controls, timely month-end close, and efficient accounting operations for TCB's affordable housing portfolio. This role partners with Property Management, Asset Management, Development, Treasury, Executive Leadership, and external auditors while providing leadership to Accounting Managers and supporting continuous process improvement.

Requirements

Bachelor's degree in Accounting or related field required.
8–10 years of progressive accounting experience.
3–5 years of supervisory experience.
Strong GAAP knowledge, Excel skills, leadership, and communication skills.

Nice To Haves

CPA preferred but not required.
Affordable housing and Yardi Voyager experience strongly preferred.

Responsibilities

Supervise and mentor Real Estate Accounting Managers and support staff development.
Assist with workload planning, coaching, performance management, and hiring.
Develop and maintain accounting procedures and SOPs.
Oversee month-end close and review financial statements, reconciliations, and journal entries.
Review Statements of Operations and Balance Sheets for accuracy.
Support year-end close and annual audits.
Coordinate with Treasury on cash management, wire transfers, and bank accounts.
Review emergency payment requests and cash flow needs.
Support AP with complex payment issues and aging payables.
Monitor outstanding invoices and assist with payment escalations.
Maintain Yardi Management Fee Module and Debt Manager.
Post recurring and bulk journal entries.
Train staff on Yardi accounting modules and process improvements.
Coordinate audit preparation and maintain audit documentation.
Respond to auditor requests and monitor compliance requirements.
Partner with Property Management, Asset Management, Development, Treasury, HR, Executive Leadership, and external auditors.
Support acquisitions, transitions, insurance claims, distributions, and other departmental initiatives.