VP, Senior Controller

About the Organization
Bulfinch is a third-generation commercial real estate firm specializing in the acquisition, development, management, and repositioning of commercial properties in Greater Boston. Since 1936, Bulfinch has taken a unique approach to creating value in commercial real estate and has successfully evolved and adapted to industry changes and the needs of all our stakeholders. The firm was founded on a commitment to our employees and the culture we began cultivating 85+ years ago embodies our entrepreneurial spirit and sense of family.

The heart of Bulfinch is our people. We are committed to the individual growth and development of our most important asset - our team members. Bulfinch offers top-tier benefits and career-enhancement opportunities to all employees. We celebrate diversity and are committed to creating an inclusive environment for all employees. Bulfinch is proud to be an Equal Opportunity Employer.

EOE Statement
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.

Description
Position: Vice President, Senior Controller
Department: Financial Reporting & Accounting
Location: Boston, MA
Reports To: Managing Director, Chief Financial Officer

About Us:
Bulfinch is a third-generation commercial real estate firm specializing in the acquisition, development, management, and repositioning of commercial properties in Greater Boston. Since 1936, Bulfinch has taken a unique approach to creating value in commercial real estate and has successfully evolved and adapted to industry changes and the needs of all our stakeholders. The firm was founded on a commitment to our employees and the culture we began cultivating 85+ years ago embodies our entrepreneurial spirit and sense of family.

Purpose:
The Senior Controller will report directly to and work closely with the CFO. The ideal candidate will have the opportunity to be an integral part of a fast-paced, entrepreneurial work environment interacting with clients, external counsel, consultants, tax team, asset management team, property management team, and investments team. This individual will be involved in all accounting activities, including but not limited to, vendor payments, tenant collections, monthly/quarterly reporting, CAM reconciliations, bank reconciliations, and working alongside a third-party CPA firm for the issuance of annual financial statements. The Senior Controller will specifically be responsible for the management, leadership and training of the property accounting sub-team within the accounting department.

About You:
You are an experienced team manager, action-oriented with superior technical skills, an eye for details and dedication to accuracy. You have an effective leadership style, able to use empathy, inspire and engage your team, and develop and grow talent under you. You are collaborative, comfortable seeking solutions and problem-solving together with team members above and below you. You are able to make timely decisions that help move the work forward in a fast-paced environment. You understand how to balance stakeholders and manage complexity. You plan your own work and the work of your team to align with company goals.

Role + Responsibilities:
Leadership:

1. Collaborate closely with the CFO in developing and executing financial strategies aligned with organizational goals and objectives
2. Lead, inspire and develop staff by building engagement with the property accounting team, providing feedback and growth opportunities and holding team accountable. Provide mentoring and coaching for direct reports
3. Provide direction, delegate and remove obstacles to manage team performance.
4. Plan and prioritize work (your own and your direct reports’) to meet commitments aligned with organizational goals
5. Secure and deploy resources effectively and efficiently
6. Address performance issues or concerns timely, ensure appropriate documentation is maintained and evaluate issues where appropriate
7. Responsible for the development and maintenance of accounting policies and the appropriate application of those policies to the Company’s business activities
8. Collaborate with the Asset Management, Property Management, and Investment teams to develop and manage the annual budgeting process

Technical:

1. Know the most effective and efficient processes to get things done, with a focus on continuous improvement
2. Oversee the financial close process and all associated processes and monthly/quarterly reporting to ensure delivery of accurate and timely results to stakeholders
3. Oversee proper accounting treatment of complex transactions, including the accounting for joint ventures
4. Manage year-end financial statement (reviews/audits) process and own relationships and communication with external CPA provider
5. Assist in preparation of property acquisition, disposition, and financing closing statements
6. Approve daily cash receipts and vendor payments
7. Approve monthly mortgage payments and interest rate SWAPs
8. Perform detailed review of annual income and expense forms for real estate tax filings
9. Perform detailed review of distributions/contributions calculations
10. Perform detailed review of construction draw schedules for active development projects
11. Perform detailed review of property cash reforecasts
12. Execute to a high standard – acts with a sense of urgency, with the end result in mind and can follow through to deliver exceptional results
13. Monitor accounts receivable for collection issues
14. Ensure vendors are paid timely and accurately
15. Ensure tenant billbacks are billed timely and collected
16. Review annual/fiscal year CAM calculations
17. Support lender reporting
18. Review waterfall calculations, as needed
19. All other projects as assigned

Qualifications:

1. Bachelor’s degree in accounting and/or finance required
2. Certified Public Accountant (CPA) designation, preferred
3. 15+ years of progressive accounting experience; commercial real estate industry highly preferred
4. At least 10 years of managerial experience in managing a team of property accountants and assistant controllers
5. Proficiency in Yardi software
6. Strong computer skills with proficiency in MS Office suite
7. Great team building skills
8. Detail oriented with problem-solving mindset, superior work ethic and sound judgment
9. Demonstrate excellent organizational, leadership, relationship management and time management skills
10. Excellent written and verbal communication skills; experience communicating with executives, stakeholders, clients, tenants, and vendors preferred
11. Ability to interact in a team-oriented environment, show a willingness to collaborate and multitask, with a balanced demeanor of professionalism and a proactive attitude
12. Adaptability to changing demands and meeting deadlines
13. Making good and timely decisions that keep the organization moving forward
14. Effective problem-solving skills

Position Requirements
Must be in office 4 days a week. No exceptions.

Category: Accounting/Finance

This position is currently accepting applications.

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