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Asset Living

Assistant Controller

Asset Living · United States

  • Hybrid
  • Full-time
  • $130,000 / year
  • United States

Job highlights

  • Lead accounting team for client financial statements.
  • Ensure timely delivery of accurate financial reports.
  • Communicate property performance with clients.
  • Manage budgets and coordinate financial operations.
  • Participate in hiring and performance reviews.

About the role

About Asset Living

Asset Living is a third-party management firm and a proven partner in fostering thriving communities nationwide. Founded in 1986, Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning, our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions.  

Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US. At Asset Living, we wholeheartedly believe 'Together We Lead, Together We Succeed. We empower each other to lead by example, collaborate, and evolve – inspired by our belief that we can continually improve as individuals and as an organization. Together, we create an environment where every voice is heard, every idea is valued, and every individual experiences opportunities to grow as our company grows. When you join Asset Living, you become part of a dynamic team that thrives on unity, unique talents, and a universal culture of winning. 

Recognized as one of the nation's Best and Brightest Places to Work and ranked in the NMHC top 50 professionals, join Asset Living because of its reputation as the most trusted partner in real estate, workplace culture, and growth opportunities. Asset Living is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). Together, we lead the way, and together, we achieve excellence in all that we do. Join a workplace where success is a collective journey and leadership is a shared responsibility.

Assistant Controller Role

The Assistant Controller will provide leadership and coordination of property financial statements for a group of clients. The Assistant Controller leads a team of accountants and has regular interaction with clients and auditors. Together with other Assistant Controllers, ensure accounting procedures conform to generally accepted accounting principles.

Essential Duties & Responsibilities

  • Responsible for the supervision of the accounting for a specific team of accountants.
  • Ensures the delivery of financial statements within the required client delivery date.
  • Communicates regularly with clients to discuss the financial performance of their properties and respond to accounting questions.
  • Responsible for the accuracy of financial statements prepared by a team of accountants.
  • Supervises the accounting team in reviewing rent rolls, reconciling bank statements, and monitoring monthly operating results against budget.
  • Coordinate with operational team members to prepare and approve financial budgets for each property.
  • Coordinate with the Controller and CFO and other Assistant Controllers to establish and implement short/long-range departmental goals, objectives, policies, and operating procedures.
  • Participate in the hiring process and annual performance reviews for a team of Senior Accountants, Accountants, and Junior Accountants.
  • Manage efficiency and make staffing recommendations in order to meet expected performance metrics.
  • Support a team of Assistant Controllers in responding to financial audit requests and provide recommendations for procedural improvements.

Travel Requirement: This position does not require travel.

Education & Experience

  • Bachelor and/or Master’s Degree in Accounting or Finance
  • CPA Eligible or CPA Preferred
  • Previous 3rd party multi-family property management experience
  • Previous experience leading or managing a team of accountants
  • Excellent critical reasoning, quantitative, and analytical skills
  • Deep understanding of financial concepts
  • Excellent interpersonal, written, and verbal communication skills
  • Proven organizational skills with attention to detail

This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete nor permanent and may be modified at any time. At the request of their supervisor, an employee may be asked to perform additional duties or take on additional responsibilities without notice. This is a safety-sensitive position and may be subject to additional compliance requirements.

Key skills/competency

  • Accounting Principles
  • Financial Statement Analysis
  • Team Leadership
  • Client Communication
  • Budget Management
  • Audit Support
  • Property Management Accounting
  • Financial Reporting
  • Process Improvement
  • Team Supervision

Skills & topics

  • Assistant Controller
  • Accounting
  • Finance
  • Financial Statements
  • Property Management
  • Team Leadership
  • CPA
  • Budgeting
  • Financial Reporting
  • Audit

How to get hired

  • Tailor your resume: Highlight your accounting leadership, property management, and CPA eligibility.
  • Showcase relevant experience: Emphasize your team management and financial statement accuracy skills.
  • Prepare for interviews: Be ready to discuss your analytical abilities and client communication strategies.
  • Understand Asset Living's culture: Align your answers with their values of collaboration and growth.

Technical preparation

Review GAAP and accounting standards.,Practice financial statement analysis.,Prepare for budgeting and forecasting questions.,Understand multi-family property accounting.

Behavioral questions

Describe a time you led an accounting team.,How do you ensure financial statement accuracy?,Explain your client communication strategy.,How do you handle competing deadlines?

Frequently asked questions

What are the key responsibilities for an Assistant Controller at Asset Living?
As an Assistant Controller at Asset Living, you'll supervise a team of accountants, ensure timely and accurate financial statements for clients, manage budgets, and communicate financial performance to clients. You'll also collaborate with other leaders on departmental goals and participate in hiring processes.
What qualifications are preferred for the Assistant Controller role at Asset Living?
Asset Living prefers candidates with a Bachelor's or Master's degree in Accounting or Finance, CPA eligibility or CPA certification. Significant experience in third-party multi-family property management and previous team leadership experience are also highly valued.
Does the Assistant Controller position at Asset Living require travel?
No, the Assistant Controller position at Asset Living does not require any travel. This role is focused on internal and client communication remotely.
What is the typical career path for an Assistant Controller at Asset Living?
While specific paths vary, progression could lead to a Controller or higher finance roles. Asset Living emphasizes growth opportunities, so excelling in this role could open doors to more senior financial management positions within the company.
How does Asset Living support professional development for its finance team?
Asset Living fosters a culture of continuous improvement and growth. For the Assistant Controller role, this includes opportunities to refine leadership skills, deepen financial expertise, and contribute to strategic departmental goals, aligning with their 'Together We Lead, Together We Succeed' philosophy.
What is the expected salary range for the Assistant Controller position?
The estimated annual salary range for the Assistant Controller position at Asset Living is $80,000 to $130,000 USD, depending on experience and qualifications.

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