Assistant Controller

Assistant Controller

Location: Las Vegas NV (Onsite)

Employment Type: Full-Time Onsite (M-F 8:00 AM - 5:00 PM)

Salary Range: $100000 - $110000

About the Role

NOW CFO is conducting a private search for an experienced Assistant Controller to join a growing Real Estate Private Equity firm based in Las Vegas NV. This is a hands-on leadership role with direct ownership of financial statement review treasury management and oversight of a tenured accounting team of 8 to 10.

The ideal candidate thrives in a fast paced collaborative environment is comfortable mentoring and developing staff and brings strong multi-entity accounting expertise.

Key Responsibilities

Accounting Operations & Oversight

• Support the Controller in managing daily accounting operations across assigned funds entities and properties.
• Review journal entries general ledger activity account reconciliations and supporting schedules for accuracy and completeness.
• Oversee accounts payable processes including invoice coding approvals payment processing and vendor account reconciliations.
• Monitor accounting workflows in AvidXchange Rent Manager and other financial systems to ensure timely and accurate transaction processing.
• Review weekly bank activity and monthly bank reconciliations investigating and resolving discrepancies.
• Oversee the day-to-day work of staff accountants including assigning tasks prioritizing workloads reviewing journal entries and reconciliations and providing guidance and training to ensure accuracy accountability and adherence to established procedures.

Financial Reporting & Month-End Close

• Coordinate and support monthly quarterly and annual closing processes to ensure reporting deadlines are met.
• Prepare and review financial statements supporting schedules and general ledger reconciliations for assigned properties management companies and entities.
• Partner with the Controller on consolidated reporting and ensure accurate consolidation across the multi-entity multi-state structure.
• Review revenue and expense activity identify variances and ensure appropriate adjusting entries are recorded.
• Maintain and review rollforward schedules for prepaid expenses accrued liabilities property taxes fixed assets and construction in progress.
• Prepare and review T-12 financial reports and Budget vs. Actual reporting for Asset Management.
• Verify that subledgers supporting schedules and reconciliations agree with the general ledger and trial balance.
• Identify and resolve accounting discrepancies before financial statements are submitted to the Controller for final review.

Fund-Level & Multi-Entity Accounting

• Assist with accounting activities for investment funds DST entities joint ventures and affiliated operating entities.
• Prepare and review intercompany transactions allocations reconciliations and related journal entries.
• Support cash flow tracking fund-level reporting and reconciliation of investment-related transactions.
• Assist with accounting for cross-collateralized loans revolving credit facilities interest allocations and reimbursements.
• Prepare supporting schedules and reconciliations for investor distributions and fund-level cash activity.
• Ensure accurate recording of transactions between related entities.

Payroll Cash Management & Distributions

• Review payroll allocations expense reimbursements and related accounting entries across multiple entities.
• Own treasury management functions including cash flow oversight and bank account administration; assist with monitoring account balances and reconciling cash transactions.
• Monitor liquidity and support capital planning across the fund and portfolio companies.
• Prepare and verify supporting documentation for ACH transactions wire transfers and distributions.
• Assist with quarterly cash reconciliation reports and distribution calculations.
• Ensure proper documentation and approval procedures are followed for cash transactions.

Quarterly & Annual Processes

• Assist with preparation of quarterly and annual financial reporting packages.
• Partner with external auditors through annual audits preparing audit schedules reconciliations and supporting documentation.
• Coordinate with external tax advisors and assist in compiling information required for entity-level tax filings.
• Support annual property budget preparation review and system imports.
• Assist with year-end closing procedures accruals and adjustments.
• Maintain organized accounting records and supporting documentation for audit and compliance purposes.
• Transactional Accounting
• Prepare and review accounting entries related to property acquisitions dispositions and refinancings.
• Reconcile closing statements and ensure transactions are accurately reflected in the appropriate entities.
• Assist with recording loan activity financing costs capital contributions and other investment transactions.
• Coordinate with internal departments to ensure proper accounting treatment and documentation of transactions.
• Support the setup and maintenance of financial accounts and accounting records for newly acquired properties and entities.

Internal Controls & Compliance

• Assist the Controller in maintaining and enforcing accounting policies procedures and internal controls.
• Ensure accounting transactions comply with GAAP company policies and applicable regulatory requirements.
• Identify potential control weaknesses reporting inconsistencies and opportunities to reduce financial risk.
• Maintain accurate documentation and audit trails for financial transactions.
• Support implementation of corrective measures and process improvements.

Process Improvement & Team Development

• Identify opportunities to streamline accounting processes improve reporting accuracy and increase operational efficiency.
• Assist with developing and documenting standardized accounting procedures across the organization.
• Support accounting system improvements integrations and automation initiatives.
• Train and mentor accounting staff provide technical guidance serve as a key point of escalation and technical review and assist with workload prioritization.
• Review staff work to ensure balance sheets and reporting are accurate and timely.
• Collaborate with Asset Management Acquisitions Investor Relations and other departments to resolve accounting matters.
• Support the Controller and executive leadership with special projects financial analysis and other initiatives as needed.

Qualifications

Required

• Experience managing complex reconciliations intercompany transactions and multiple reporting entities.
• Prior experience mentoring and developing accounting staff.
• Experience with mortgage accounts.
• Strong analytical and problem-solving skills with exceptional attention to detail.
• Minimum of 2 years of experience in a senior accounting accounting supervisory or accounting management capacity preferred.
• Comfortable with AI tools and open to adopting new technology.
• Comfortable working fully onsite in Las Vegas NV.

• Treasury management experience.
• Associates or Bachelors degree in Accounting Finance or a related field.
• Industry background in Private Equity Real Estate or Property Management.
• Experience with Rent Manager AvidXchange or similar property management and accounts payable systems preferred.
• Understanding of fund structure.

Compensation & Benefits

• Base salary: $100000 to $110000.
• Discretionary performance-based bonus.
• Medical Dental Vision
• 401(k)
• 2 weeks of PTO.
• Aflac Suite of benefits: life disability accident pet and more.

Work Environment & Culture

• Fast paced forward thinking and highly collaborative.
• Encourages opinions and ideas at all levels.
• AI focused with open door leadership.
• Lunch & Learns team building activities birthday celebrations and philanthropic service projects.