Job Description

Job Description

Akara Partners

800 19th Ave South

Nashville, TN 37203

https://www.akarapartners.com/

About:

Akara Partners is a national real estate investment, development and residential property management and is looking for an Assistant Controller to fill a key role in its accounting team and function. This role will be responsible for supporting and day-to-day accounting functions of corporate accounting for investment, development and property management company, property level accounting, development projects, and property partnership accounting for ownership structures in a growing portfolio of primarily multi-family assets around the country.

Position: Assistant Controller

Responsibilities:

• Review financial books for all subsidiaries and oversee property accounting by outsourced partners
• Oversee year-end financial audits (portfolio properties, corporate, guarantor) and tax compliance (K-1’s), working with and overseeing work by, independent accountants
• Confirm and support creation of monthly and annual consolidated financial statements, statement of members’ equity and statement of cash flows for corporate entities and properties
• Review budget-to-actual variance analysis with outsourced partners
• Manage corporate expenses and company credit cards
• Review results with department heads as needed
• Lender compliance reporting and monitoring
• Improving accounting processes and procedures
• Cash flow analysis, monitoring and reporting to company executive committee
• Provide accounting support for investor reporting and property acquisitions and property development
• Guarantor reporting for assets under portfolio management
• Prepare investor reporting
• Drive cash forecasting efforts to ensure accurate projections and financial planning, property and corporate
• Monitor contingent liabilities, particularly taxes and reserve accounting
• Collaborate with cross-functional teams to support financial decision-making

Requirements:

• Bachelor's degree in Finance, Accounting, or related field
• 5+ years of experience at a Senior-level or higher in real estate accounting
• Strong knowledge of GAAP principles and real estate accounting
• Proficiency in Yardi and Microsoft Suite
• Experience with ADP/Paychex is a plus
• CPA certification being actively pursued or obtained
• Comfortable with a fast-paced, evolving work environment