Portfolio Controller Portfolio Controller …

AR Global lnvestments, LLC
in Newport, RI, United States
Permanent, Full time
Be the first to apply
Depends on experience
AR Global lnvestments, LLC
in Newport, RI, United States
Permanent, Full time
Be the first to apply
Depends on experience
AR Global is a global asset manager with an emphasis on real estate investing with approximately $12 billion of assets under management is seeking Portfolio Controller to join our Newport, Rhode Island office.

Position and Responsibilities 

Month-end/year-end close management, including: 

  • Manage staff to execute and deliver timely month-end and year-end close
  • Communicate status of month-end and year-end close
  • Review of balance sheet reconciliations, including such areas as:
  1. Fixed assets
  2. Mortgages, Financings, and Lines of Credit, including interest accruals
  3. Equity (Common Stock, Distributions, Redemptions, Restricted Stock, etc.)
  4. Accrued expenses and prepaid expenses
  • Review income statement analytics
  1. Rental income
  2. Interest expense

Quarterly/ Annual Financial Reporting:

  • Review of all financial statements (including cash flows) and corresponding support
  • Review entire 10-Q/K including MD&A; help coordinate audit/legal/internal comments
  • Review and present at Disclosure Committee and/or AC meetings
  • Review sections of Board of Director presentations as well as internal and external audit presentations 
  • Review and comment on quarterly representation letters
  • Review shareholder letters, webinars, Blue Vault reports, etc.
  • Review quarterly debt covenants

Secondary Workpaper Review, including such areas as:

  • Trust
  • Operating Partnership
  • Related Parties
  • Mortgages/Credit Facilities

Other Projects/Responsibilities:

  • Lead process improvement efforts
  • Significance tests as appropriate (re: acquisitions and dispositions) 
  • Potential pro forma work:
  1. Impact of significant acquisitions on financials
  2. Impact of borrowing base additions on covenants
  • Research accounting issues; prepare memos as needed
  • Special projects / due diligence requests
  • Secondary review of purchase price allocations for acquisitions
  • Approve legal/accounting/reporting AVID invoices
  • Help coordinate internal controls work  

Qualifications and Skills 

  • Bachelor's degree in Accounting or Finance, CPA strongly preferred 
  • Advanced degree in Accounting or Finance, MBA strongly preferred
  • Minimum 8-10+ years of accounting/control experience, preferably within the commercial real estate industry with fund experience
  • Experience working in a SOX, public company environment
  • Advanced proficiency in Excel strong familiarity with database and other management information tools and applications
  • Relevant ERP experience, MRI or Yardi preferred
  • Ability to work in a fast-paced environment and overtime as needed
  • Superior written and verbal communication skills 

Compensation will be commensurate with experience and capabilities. We offer structures that include base and bonus, as well as a full benefits package.