Commercial Real Estate Controller

Company

Torrey Pines Real Estate Investments

Location

La Jolla, CA

Type

Full Time

Job Description

Commercial Real Estate Controller Job Description/Requirements: We are seeking an experienced Commercial Real Estate Controller to lead the accounting and financial operations of a diverse real estate portfolio. The ideal candidate will have a strong background in real estate accounting and financial reporting, possess leadership capabilities, and demonstrate mastery of Yardi Voyager. This role is responsible for overseeing the general ledger, property-level reporting, budgeting, CAM reconciliations, and cash flow management for a portfolio of commercial properties. Office is located in the village of La Jolla, CA. Pay based on experience. QUALIFICATIONS and EXPERIENCE: Qualifications: β€’ Bachelor’s Degree in Accounting, Finance, or related field (CPA strongly preferred). β€’ Minimum 7+ years of progressive accounting experience, including 3+ years in a controller or similar leadership role within commercial real estate. β€’ Expert-level proficiency in Yardi Voyager is required. β€’ In-depth knowledge of real estate lease structures (NNN, modified gross, full-service), CAM reconciliation processes, and real estate tax treatments. β€’ Experience working with real estate investors, lenders, and joint venture partners. β€’ Strong analytical, organizational, and communication skills. β€’ Proficient in Microsoft Excel and financial modeling. Preferred Experience: β€’ Experience managing a portfolio of office, retail, or industrial assets. β€’ Exposure to property acquisitions, dispositions, and financing. β€’ Familiarity with GAAP, 1031 exchanges, and group-level reporting ESSENTIAL DUTIES and RESPONSIBILITIES: Accounting & Financial Reporting β€’ Oversee the preparation of monthly, quarterly, and annual financial statements in accordance with GAAP. β€’ Ensure accurate and timely property & group level financials including rent rolls, income statements, and balance sheets. β€’ Manage month-end and year-end closing processes. β€’ Perform and review monthly bank, credit card, and balance sheet reconciliations. Budgeting & Forecasting β€’ Lead the annual budgeting process for each asset, working in coordination with asset management and property management teams. β€’ Track and report on actual performance vs. budget; provide variance analysis. β€’ Prepare property-level and portfolio-wide forecasts and cash flow models. Tenant Billing & Reconciliations β€’ Oversee CAM, insurance, and real estate tax reconciliations. β€’ Manage rent escalations, percentage rent, lease abstracting, and tenant recovery calculations. β€’ Coordinate closely with property management to ensure accurate tenant billing. Compliance & Controls β€’ Maintain strong internal controls and accounting policies and procedures. β€’ Coordinate with external auditors and tax advisors to support audits, tax returns, and compliance filings. β€’ Ensure compliance with lender, investor, and regulatory reporting requirements. Team Leadership β€’ Manage, train, and develop accounting staff. β€’ Assign duties, oversee performance, and ensure alignment with company standards and deadlines. COMPENSATION and BENEFITS: β€’ Competitive base salary ($150,000 - $175,000) β€’ Annual performance bonus β€’ Health β€’ Paid time off and holidays β€’ Professional development support Job Type: Full-time Pay: $150,000.00 - $175,000.00 per year Benefits: β€’ 401(k) β€’ Health insurance β€’ Paid time off β€’ Professional development assistance Ability to Commute: β€’ La Jolla, CA 92037 (Required) Ability to Relocate: β€’ La Jolla, CA 92037: Relocate before starting work (Required) Work Location: In person
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Date Posted

08/26/2025

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