Controller

Lupoli Companies•Lawrence, MA

19d

About The Position

Summary: Lupoli Companies is a vertically integrated owner, operator, and developer within the hospitality, food manufacturing, and real estate sectors. The Controller – Real Estate will oversee all financial and accounting operations for Lupoli’s real estate portfolio, which includes commercial, residential, mixed-use, and development properties. This role is responsible for ensuring timely and accurate property-level and consolidated financial reporting, cash flow management, lender compliance, and strong internal controls across multiple entities and ownership structures. This position requires advanced expertise in real estate accounting, strong leadership capabilities, experience managing multi-entity structures, and proficiency in ERP/property management systems.

Requirements

Relevant Experience 8-10 years
BBA in Accounting required
Real Estate industry experience required
Experience as a Controller / Finance leader with strong leadership skills
Strong financial and accounting knowledge
Key functional expertise – Controlling, Financial & Management Reporting, Internal Controls, Month-end Closing
Deep understanding of property accounting, lease structures, and development accounting
Experience managing lender and investor reporting
Strong technology proficiency in ERP and property management systems

Nice To Haves

Experience with commercial, residential, or mixed-use portfolios preferred
Public auditing experience preferred
Experience with multi-entity ownership structures preferred

Responsibilities

Timely execution of month-end closing checklists for all real estate entities
Timely execution of monthly financial and management reporting including:
Property-level income statements
Balance sheets
Cash flow statements
Net Operating Income (NOI) reporting
Occupancy and rent roll reporting
Analysis of management reports and financial statements with detailed variance analysis
Prepare annual budgets and an annual budget review process, along with monthly rolling forecasts
Review and improve accounting policies and processes specific to real estate operations
Oversight of timely and accurate AP, AR, tenant billing, GL, bank and intercompany reconciliations, and CAM reconciliations
Oversight of accurate lease accounting, revenue recognition, escalations, and percentage rent
Oversight of:
CAPEX tracking and construction/development accounting
fixed assets and depreciation schedules
debt schedules, lender reporting, and covenant compliance
property tax, insurance, and accrual accounting
corporate allocations across ownership entities
Maintain proper internal controls and segregation of duties
Provide a view on liquidity position and property-level cash flow
Ensure smooth working capital management across real estate entities
Support third-party tax preparers and auditors with federal, state, and local compliance
Oversight and manage a team of 2-3 people as part of real estate accounting team
Allocate, measure, and report on KPIs to the team members
Manage accurate accounting for financial and management reporting through ERP/property management systems (Yardi or similar)