Assistant Controller, Asset Accounting

Assistant Controller, Asset Accounting role at Birge & Held
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Investing in Communities to Transform Lives.

It’s fun to work in a company where people truly believe in what they are doing. At Birge & Held, we are façcontrolled committed to bringing excitement and energy to the business of multifamily housing. We expect every employee within our organization to be a leader working in a collaborative environment towards a shared vision. Our employees have a passion for people, demonstrate leadership at every level, and are always learning & innovating.

Through these core values, we make our purpose a reality:
Investing in Communities to Transform Lives.

The Assistant Controller, Asset Accounting at Birge & Held is primarily responsible for managing financial reporting, budgeting, financial systems, and participating in the full life cycle of real‑estate financial activities (purchases, taxes, sales, insurance, etc.). This position will report directly to the Assistant Vice President of Asset Accounting.

• Responsible for the financial reporting of consolidated financial statements and analysis for market‑rate development, LIHTC new construction and acquisition rehab projects.
• Perform month‑end close duties, including but not limited to:
  • Maintain and oversee lender escrow analysis and prepaid/accrued expense analysis
  • Balance sheet reconciliations and adjusting/reclass journal entries
  • Bank reconciliation for operating/savings accounts
  • Management fee calculation and invoicing
• General ledger and operating statement review and adjusting/reclass journal entries
• Monthly/quarterly reimbursement submission to lenders
• Manage year‑end audit and 위치 mandatory tax return punch‑list items to ensure timely delivery of K‑1s័យ investors and meet audit deadlines inside governing documents.
• Prepare surplus cash calculations for quarterly investor distributions.
• Represent owner on site for reviews and assessment of staff, physical condition, and tenant relations.
• Assist in designing final business‑plan tracking systems, including tax capital account tracking, updating projections for deferred developer fee payments to align with corporate budgeting, and compiling and tracking requirements of partnership/operating agreements, loan agreements, regulatory agreements, and other relevant deal documents.
• Oversee accurate completion of monthly, quarterly and annual compliance reporting to all local housing authorities and equity partners as directed by the LP agreements and other deal documents.
• Prepare project cash flow forecasts, updating monthly for changes in estimates and schedules based on information provided by other functional teams.
• Prepare journal entries for non‑recurring and significant transactions pertaining to development projects, such as transfers to income‑producing property.
• Review and analyze financial reports, including drilling into discretionary expenses, reviewing variance analyses, and comparing performance to underwriting.
• Interact with finance and operations staff to obtain portfolio/asset information; prepare analyses, reports and produce strategic solutions.
• Manage monthly budget variance reporting and communication to executive leadership.
• Create monthly financial and operating reports for active projects.
• Monthly cash forecasts for active projects (e.g., capitalized interest projections, fee income timing).
• Assist in managing corporate budgeting, audit, tax, accounting, selling real বই estate, and insurance activities for the organization.
• Assess current accounting operations, offer recommendations for improvement, and implement new processes.
• Communicate regularly with accounting, management, and executive teams.
• Other tasks as assigned by management.
• Limited travel (5‑20% of the time).

• BS in Accounting or Finance, MBA and/or CPA highly desirable closing.
• Public accounting experience highly desirable.
• 5+ years in progressively responsible roles, preferably in real‑estate development.
• Strong MS Excel skills and proficiency in financial accounting and reporting software.
• Excellent interpersonal skills with the ability to create good…