Controller
Industry: Real Estate Syndication & Private Lending
Employment Type: Full-Time
Company is a diversified financial services company engaged in real estate syndication and private lending. We manage complex real estate investment structures and provide tailored lending solutions for investors and borrowers.
We are seeking a Controller to oversee the financial operations of both our real estate and lending divisions. This role will be responsible for accounting, financial reporting, cash flow management, and coordinating with internal staff and external partners. Key Responsibilities
Real Estate Syndication

• Maintain and create QuickBooks files for new real estate deals.
• Manage quarterly investor distributions through TD Bank and Valley National Bank, including preparing and performing waterfall distributions.
• Account for Construction-in-Process projects, including QuickBooks entries and cash flow management.
• Oversee accounts payable and receivable, coordinating with staff to ensure accurate recording in trackers and ledgers.
• Collect funds and investor contributions for new syndications.

Lending Division

• Maintain QuickBooks for the lending company, including journal entries and reconciliations.
• Update and manage ledgers tracking partner investments and balances.
• Prepare and issue 1099-INT forms for external partners.
• Manage cash flow for the lending fund, including oversight of the company’s line of credit with the bank.
• Coordinate with staff to draft and finalize lending contracts.
• Prepare monthly lending reports utilizing QuickBooks.
• Create and send monthly interest payments to lending partners, along with preparing and distributing partner statements.

General Company-Wide Duties

• Coordinate with CPA to prepare and file tax returns for all TrueStone entities.
• Manage and train staff (both entry-level and mid-level employees).
• Oversee accounts receivable and accounts payable for TrueStone LLC general operations, including office salaries and expenses.

Qualifications

• Bachelor’s degree in Accounting and a CPA.
• Minimum 5+ years of accounting or controller experience, preferably in real estate, lending, or investment management.
• Strong proficiency in QuickBooks and Microsoft Excel.
• Experience managing cash flow, AP/AR, and banking relationships.
• Knowledge of tax compliance and experience preparing financial reports.
• Ability to train and manage staff and work collaboratively across teams.
• Strong attention to detail, organizational skills, and ability to manage multiple priorities.