Job Description
Job Description
Controller
TrueStone is seeking a highly motivated and detail-oriented Controller to join our Finance and Accounting team. The ideal candidate will have a strong background in accounting and finance, with proven experience in financial management, reporting, and controls. As Controller, you will play a critical leadership role in overseeing the company’s financial operations, including budgeting, forecasting, financial reporting, compliance, and internal controls. You will work closely with senior leadership to ensure financial integrity, support strategic decision-making, and drive the overall financial performance of the organization.
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 CPA.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.Benefits and Perks :
Hybrid work schedule (4 days onsite; 1 day work from home) & early FridaysGenerous PTO and paid holidaysComprehensive health, dental and vision coverage with FSA or HSA optionsPet insurance and pet discountsIdentity theft protectionDiscounted life insuranceShort and long-term disability insuranceCritical illness, accident, and hospital indemnity insurancePre-tax commuter benefitsProfessional developmentNY Pay Transparency :
The pay range for this position is ($100,000 – $150,000) annually based on skills and experience.
Equal Opportunity Employer :
TrueStone is an Equal Opportunity Employer. We do not discriminate based on race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided based on qualifications, merit, and business need.
Recruitment Agencies :
TrueStone does not accept unsolicited agency resumes and will not be held responsible for any fees related to unsolicited resumes.
About TrueStone :
TrueStone is a dynamic real estate investment firm committed to delivering exceptional results for our clients through strategic acquisitions, joint ventures, development, and asset management. With a focus on integrity, process improvement, and collaboration, we aim to redefine the real estate industry and create lasting value for our stakeholders. TrueStone also engages in alternative asset investments beyond real estate, including investments in brands, whisky, venture capital, and others . www.TrueStoneGroup.com