GP Assistant Controller / Controller

Posted 2 Days Ago
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Hoboken, NJ
Senior level
Real Estate
The Role
As the GP Controller, you'll oversee the month-end closing process, including journal entries and reconciliations. You'll manage the expense allocation process, maintain internal controls, and interact with various departments to ensure financial accuracy and efficiency. The role requires strong skills in Excel and Yardi, and the ability to handle multiple tasks in a fast-paced environment.
Summary Generated by Built In

About Faropoint

Meaningful Relationships.  Ownership.  Curiosity.  Tenacity.

These are the four pillars that have made our group among the fastest-growing industrial real estate private equity companies, and one of the 50 largest owners in the U.S.

About the Role

As Faropoint’s GP Assistant Controller/Controller you will help build and automate processes, enhance operational efficiencies, and support the company's growth trajectory. The ideal candidate will be process-driven and open-minded, with a strong background in corporate accounting and technology. You will play a pivotal role in building out the company's expense allocation and structure, while leading the financial close.

Responsibilities:

  • Manage the month-end closing process including journal entries, bank reconciliations, supporting all balance sheet accounts, and accruals. Research account activity as needed
  • Responsible for all facets of the expense allocation close process including reviewing and analyzing all expenses booked, and understanding the related allocation methodologies of these expenses to the management companies
  • Review fee related items (management fees, transaction fee offsets)
  • Reconcile intercompany transactions
  • Prepare payroll accounting entries
  • Assist and resolve any consolidation issues
  • Help develop and maintain efficient internal controls and business processes
  • Continuously identify efficiencies and improve effectiveness by determining best practice
  • Interact with different departments in the firm including Fund Accounting, Legal and Property Accounting, Treasury 

About You

  • 5 + years of relevant accounting experience
  • Bachelor’s degree in accounting, Finance, Business or related field
  • Adept at Excel formulas including, but not limited to, V-lookups, Pivot tables and sum-ifs
  • Yardi knowledge required
  • Familiarity with Concur, Netsuite, Kyriba is a plus
  • Have strong and proficient technology skills and be able to produce accurate and professional documents.
  • Be able to effectively handle multiple tasks and responsibilities while demonstrating attention to detail and a high level of accuracy
  • Be able to work independently and as part of a team
  • Strong interpersonal skills
  • A proactive, deadline-driven mindset with the ability to handle multiple priorities.
  • Highly organized, detail-oriented, and able to manage multiple projects simultaneously.
  • Demonstrated ability to thrive in a dynamic, fast-paced environment
  • Experience with general ledger accounting systems and ability to learn and utilize multiple systems. 

About Our Benefits

  • Competitive base salary
  • Health insurance options including Medical, Dental, Vision, Life, Short-term Disability and Long-term Disability, with majority of premiums covered by Faropoint
  • 401(k)

Equal Opportunity Employer

Faropoint is proud to be an Equal Opportunity Employer. We value diversity, and we do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, parental status, disability status, or any other status protected by local law. We believe that our work is better and our company culture is improved when we encourage, support, and respect the different skills and experiences represented within our workforce.

Top Skills

Excel
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The Company
HQ: Jersey City, NJ
121 Employees
On-site Workplace
Year Founded: 2012

What We Do

Faropoint is a data-driven industrial real estate asset manager that targets inefficiencies in the marketplace to achieve superior risk-adjusted returns.

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