Controller – Commercial Real Estate

Pennmark Management Company Inc. has owned and managed over 5 million SF of Retail and Office Space spanning over 5 states (DE, MD, NJ, OH, and PA). Since 1972, we have been successful in developing commercial properties that bring together superior tenants, prime locations, and exciting architectural designs. It is The Pennmark Process that is at the heart of our success in managing numerous commercial properties throughout the Northeast. We are seeking aControllerwith a minimum of10 years of experiencein commercial real estate finance and operations. This position plays a pivotal role in overseeing financial functions, managing accounting staff, and ensuring regulatory compliance. The ideal candidate is detail-oriented, solution-driven, and thrives in a fast-paced environment with complex financial structures. Key Responsibilities: • Financial Oversight: • Manage budgeting, forecasting, and cash flow across multiple commercial entities • Maintain and reconcilemultiple bank accountsandescrow accounts • Overseeaccounts receivableandaccounts payable, ensuring timely reporting and collections • Contract and Loan Management: • Review and interpretloan documentsandcommercial real estate agreements • Coordinate with legal counsel for rent recovery litigation and pass-through collection matters • Reporting and Compliance: • Prepare financial statements, variance analysis, and executive-level reporting packages • Ensure compliance with establishedinternal controlsand accounting policies • Team Leadership: • Supervise and mentorbookkeepersand accounting staff • Build efficient systems for performance tracking and operational accountability • Cross-Functional Collaboration: • Partner closely with legal and operations teams to uphold organizational procedures • Ensure adherence to pre-established protocols for collections, tenant communications, and dispute resolution Qualifications: • Bachelor’s degree in Accounting, Finance, or a related field (CPA preferred) • Minimum10 years of progressive experiencein commercial real estate finance • Demonstrated expertise inloan structure review,lease analysis, andescrow administration • Strong proficiency in financial systems and enterprise accounting software • Proven ability to manage teams and lead cross-department initiatives Must be experienced in Excel and Word Document, Yardi Job Type: Full-time Pay: $120,000.00 - $140,000.00 per year Benefits: • 401(k) • Dental insurance • Health insurance • Paid time off • Vision insurance Schedule: • 8 hour shift Ability to Commute: • Plymouth Meeting, PA 19462 (Preferred) Ability to Relocate: • Plymouth Meeting, PA 19462: Relocate before starting work (Preferred) Work Location: In person