Assistant Controller

DESCRIPTION

We are a well-established family office located in the Santa Monica/Pacific Palisades area of Los Angeles, and believe in working hard to achieve our goals, but also believe in investing in our team members.

We are an upbeat, positive environment, and are looking for team players to become a part of our family office.

Our portfolio consists of office, multi-family, luxury single family development, private equity, finance, and management.

Health, dental, and parking included.

We are looking for an experienced Assistant Controller.

The successful candidate will be primarily responsible for maintaining the general ledger for multiple companies, managing the monthly, quarterly, and annual financial and tax reporting process, including budgeting, cash forecasts, and assist in business strategy modeling.

The specific responsibilities include:

CORPORATE ACCOUNTING:
Assist in the preparation and presentation of monthly financial results on a timely basis.
Maintain the general ledger.
Understand and record complex Real Estate transactions.
Develop and maintain appropriate accounting processes and internal controls.
Contribute to the development of accounting procedures and strategies to improve efficiency by exploring new tools and software.
Design and implement managerial reports and analysis.
Interface with outside tax consultants.
Assist in maintaining forecasted consolidated cash flow and business strategy model.
Evaluate and explain budget variances.
Oversee accounts payable, bank reconciliations, and contract administration.
CONSTRUCTION AND ASSET MANAGEMENT:
Prepare Construction Project Cost Control & Reporting Package.
Review monthly construction pay applications (702/703) and supporting documents.
Prepare and maintain construction loan draws and communicate with Lender representatives.
Analyze and record acquisitions and dispositions.
Assist in evaluating 1031 tax deferred exchanges.
Review and analyze monthly third-party property management reports.
Contract Administration.
QUALIFICATIONS
Bachelor’s degree in accounting.
7-10 years of private industry experience.
Family Office environment experience preferred.
Real estate investment, development & construction and management experience.
Comfortable interfacing with executives and outside tax consultants.
Self-starter who is action oriented.
Hands on approach.
Yardi experience preferred.
COMPENSATION
Westminster offers a competitive salary commensurate with experience.

Job Type: Full-time

Pay: $95,000.00
– $115,000.00 per year

Benefits:
401(k)
Dental insurance
Health insurance
Health savings account
Paid time off
Vision insurance
Schedule:
Monday to Friday
Supplemental Pay:
Bonus pay
Education:
Bachelor’s (Preferred)
Experience:
Accounting: 7 years (Preferred)
Work Location:
One location
Work Remotely:
No

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