Jones Lang LaSalle Property Controller in New York, New York
About JLL -
We're JLL-a leading professional services and investment management firm specializing in real estate. We shape the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. As a Fortune 500 company, we help real estate owners, occupiers and investors achieve their business ambitions. We have operations in over 80 countries and a global workforce of over 92,000 individuals. We believe a diverse and inclusive culture is one where everyone succeeds. That's why we're committed to creating an environment where we all feel welcomed, valued and empowered to achieve our full potential.
Confidence can sometimes hold us back from applying for a job. But we'll let you in on a secret: there's no such thing as a "perfect" candidate. JLL is a place where everyone can grow no matter how they identify or what background they bring with them. If you're a leader of any level or experience and this job description resonates with you, let's talk.
What this job involves
JLL is currently seeking a Property Controller. This individual will serve in a lead role to help manage a significant portion of the accounting and reporting process for a real estate investment portfolio utilizing Fair Value GAAP. The Controller will be the primary contact for any financial related questions. This role requires a seasoned and proactive individual who will function as a key member of the property management team.
Oversees all property accounting tasks and processes
Ensures timely and accurate completion of all month and quarter end closing processes
Review property management financial statements
Compilation of financial information for the monthly management reports (including commentary) and additional reports as required under management agreements with external owners or at client request
Quarterly financial analysis, including review of investment accounting information
Coordinate with cash management group to execute cash transactions (capital calls, investor distributions, property purchases and sales)
Assist with the annual budget preparation - compile key assumptions and capital budget information, maintain lease level budgeting for all tenants, review and coordinate the budget input into the accounting system.
Ensure all revenue and expenses are recorded properly
Oversee Accounts Receivable process - monitor cash receipts, review and bill tenant recurring charges and billing adjustments, variable charges and utility charges.
Maintain capital expenditure tracking schedules and prepare the funding requests to lenders and client
Manage year end reconciliations for opex and real estate taxes
Coordinate year-end audit and tax requirements
Calculate, analyze and report performance returns
Respond to client inquires
Create efficiency in and effectiveness of the financial reporting process as well as improve client services
Ensure continual compliance with Management Agreements
Take initiative in identifying problems and providing suggested solutions
Understand and ensure the financial lease obligations of both landlord and tenant are complied with.
Take the lead on special projects as assigned
Required Qualifications & Experience
Minimum of 5 of accounting experience
Bachelor's Degree in Accounting
CPA or CPA candidate is strongly preferred
Motivated self-starter with excellent communication and inter-personal skills
Ability to think creatively and to take the lead in solving problems
Extremely organized multi-tasker with great attention to detail
Team player who works well independently as well as with others
Ability to work effectively with off-site managers and clients
Strong sense of accountability for quality of own work and the work of the team
Strong knowledge of technical accounting concepts
Exceptional experience with Microsoft Office products (especially Excel) and experience with general ledger systems and Real estate accounting software (Yardi, SAP, MRI, Kardin Budgeting Software)
What you can expect from us
We succeed together-across the desk and around the globe and believe the best inspire the best, so we invest in supporting each other, learning together and celebrating our success.
Our Total Rewards program reflects our commitment to helping you achieve your career ambitions, recognizing your contributions, investing in your well-being and providing competitive benefits and pay.
We can't wait to see where your ambitions take you at JLL.
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Jones Lang LaSalle ("JLL") is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process - including the online application and/or overall selection process - you may email us at . This email is only to request an accommodation. Please direct any other general recruiting inquiries to our page > I want to work for JLL.
JLL Is an Equal Opportunity Employer JLL is committed to developing and maintaining a diverse workforce. JLL strongly believes in equal opportunity extended to all individuals in all aspects of the employment relationship, including recruitment, hiring, training, promotion, transfer, discipline, layoff, recall and termination without regard to race, color, religion, belief, creed, age, sex, pregnancy or maternity (including childbirth and related conditions), family responsibility (e.g. child care, elder care), nationality, ethnic or national origin or ancestry, citizenship, marital status, civil partner status, sexual orientation, gender identity or expression, transgender status, veteran’s status, genetic information, trade union membership, social position, political view or status as a qualified individual with a disability, protected leave status or any other protected characteristic in accordance with applicable law. The company also endeavors to make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodations would impose an undue hardship on the operation of our business and ensures that employment decisions are based only on valid job requirements.