Controller (CONFIDENTIAL)
Omninet Capital
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Los Angeles, CA
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Director
Posted March 26, 2026
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Responsibilities
Commitments
Responsibilities
- This role is instrumental in driving financial visibility, supporting refinancing activities, and delivering high-quality reporting to ownership and lenders.
- The Controller will work directly with the firm’s principals and senior leadership, overseeing a small accounting team, producing internal and lender-facing financial reports, and leading forecasting efforts that support the firm’s investment strategy.
- This is a highly tactical role with direct influence over day-to-day operations and long-term financial planning.
- Prepare detailed and accurate financial packages and reporting for lenders as properties are refinanced or recapitalized.
- Maintain a clear understanding of loan covenants, compliance requirements, and refinancing timelines, proactively managing deliverables and documentation.
- Serve as the primary finance point of contact for lender inquiries, third-party loan servicers, and debt partners.
- Internal Financial Reporting
- Develop and deliver comprehensive monthly and quarterly internal financial reports to ownership, providing insights on portfolio performance, operating margins, and cash flow.
- Customize reporting packages for family office executives, stakeholders, and property-level decision-makers.
- Lead ongoing efforts to refine internal reporting processes, KPIs, and presentation formats.
- Budgeting, Forecasting & Strategic Finance
- Lead cash flow forecasting at both the property and portfolio levels, incorporating debt service, capital improvement planning, and leasing assumptions.
- Support property acquisition and refinancing decisions by building or reviewing property-level financial models.
- Maintain rolling forecasts and scenario analyses to inform capital planning and operational strategy.
- Team Leadership & Operational Oversight
- Supervise and mentor two operational accountants, reviewing their work and streamlining processes related to accounts payable, rent collections, reconciliations, and monthly close.
- Oversee the monthly close process, including review of journal entries, account reconciliations, and ledger accuracy.
- Foster a culture of ownership, precision, and accountability within the accounting function.
- Process & Systems Optimization
- Evaluate existing workflows and implement process improvements to enhance efficiency, accuracy, and scalability of the finance function.
- Manage and optimize use of property management and accounting systems (e.g., Yardi, Appfolio).
- Standardize documentation and reporting practices to ensure consistency and ease of review.
Commitments
Experience in small company or family office environments is preferred; ability to operate without the structure of public company processes.
Not Met Priorities
What still needs stronger evidence
Requirements
- Minimum 5–8 years of experience in real estate accounting or finance, ideally with exposure to debt financing and property operations.
- Prior experience working directly with property-level accountants or staff accountants in a leadership capacity is required.
- Experience in small company or family office environments is preferred; ability to operate without the structure of public company processes.
- Technical & Analytical Skills
- Proficiency in GAAP-based financial reporting, though no audit preparation is required beyond lender-related documentation.
- Advanced Excel skills for modeling, forecasting, and data analysis.
- Familiarity with property accounting software such as Yardi, Appfolio, or MRI.
- Financial Acumen: Strong grasp of real estate finance, loan structures, and operational cash flow drivers.
Preferred Skills
- Prior experience working directly with property-level accountants or staff accountants in a leadership capacity is required.
- Experience in small company or family office environments is preferred; ability to operate without the structure of public company processes.
- Familiarity with property accounting software such as Yardi, Appfolio, or MRI.
Education
- (Not required) – Bachelor’s degree in Accounting or Finance (CPA or MBA preferred).
Controller – Real Estate Investment & Property Management Location: Los Angeles, CA (Hybrid Schedule) Company: Confidential Family Office – Privately Held Real Estate Investment Firm Position Overview We are seeking a hands-on, detail-oriented Controller to lead the finance and accounting function of a privately held, rapidly growing real estate investment firm operating as an offshoot of a family office. This role is instrumental in driving financial visibility, supporting refinancing activities, and delivering high-quality reporting to ownership and lenders. The Controller will work directly with the firm’s principals and senior leadership, overseeing a small accounting team, producing internal and lender-facing financial reports, and leading forecasting efforts that support the firm’s investment strategy. This is a highly tactical role with direct influence over day-to-day operations and long-term financial planning. Key Responsibilities Lender-Facing Financial Support
Prepare detailed and accurate financial packages and reporting for lenders as properties are refinanced or recapitalized.
Maintain a clear understanding of loan covenants, compliance requirements, and refinancing timelines, proactively managing deliverables and documentation.
Serve as the primary finance point of contact for lender inquiries, third-party loan servicers, and debt partners. Internal Financial Reporting
Develop and deliver comprehensive monthly and quarterly internal financial reports to ownership, providing insights on portfolio performance, operating margins, and cash flow.
Customize reporting packages for family office executives, stakeholders, and property-level decision-makers.
Lead ongoing efforts to refine internal reporting processes, KPIs, and presentation formats. Budgeting, Forecasting & Strategic Finance
Lead cash flow forecasting at both the property and portfolio levels, incorporating debt service, capital improvement planning, and leasing assumptions.
Support property acquisition and refinancing decisions by building or reviewing property-level financial models.
Maintain rolling forecasts and scenario analyses to inform capital planning and operational strategy. Team Leadership & Operational Oversight
Supervise and mentor two operational accountants, reviewing their work and streamlining processes related to accounts payable, rent collections, reconciliations, and monthly close.
Oversee the monthly close process, including review of journal entries, account reconciliations, and ledger accuracy.
Foster a culture of ownership, precision, and accountability within the accounting function. Process & Systems Optimization
Evaluate existing workflows and implement process improvements to enhance efficiency, accuracy, and scalability of the finance function.
Manage and optimize use of property management and accounting systems (e.g., Yardi, Appfolio).
Standardize documentation and reporting practices to ensure consistency and ease of review. Qualifications Education & Experience
Bachelor’s degree in Accounting or Finance (CPA or MBA preferred).
Minimum 5–8 years of experience in real estate accounting or finance, ideally with exposure to debt financing and property operations.
Prior experience working directly with property-level accountants or staff accountants in a leadership capacity is required.
Experience in small company or family office environments is preferred; ability to operate without the structure of public company processes. Technical & Analytical Skills
Proficiency in GAAP-based financial reporting, though no audit preparation is required beyond lender-related documentation.
Advanced Excel skills for modeling, forecasting, and data analysis.
Familiarity with property accounting software such as Yardi, Appfolio, or MRI. Core Competencies
Financial Acumen: Strong grasp of real estate finance, loan structures, and operational cash flow drivers.
Ownership Mentality: Self-starter who thrives in a lean environment with broad responsibility.
Communication: Capable of conveying complex financial insights clearly to both sophisticated investors and non-financial stakeholders.
Leadership: Demonstrated ability to build team trust, delegate appropriately, and elevate performance standards. Why This Role Matters
Direct Ownership Access: Work closely with principals and decision-makers to shape financial outcomes.
High Impact: Your reporting and analysis will drive critical decisions on refinancing, acquisitions, and long-term strategy.
Scalable Platform: As the portfolio grows, this role offers the opportunity to expand in scope and influence, with visibility across all areas of the business.
Prepare detailed and accurate financial packages and reporting for lenders as properties are refinanced or recapitalized.
Maintain a clear understanding of loan covenants, compliance requirements, and refinancing timelines, proactively managing deliverables and documentation.
Serve as the primary finance point of contact for lender inquiries, third-party loan servicers, and debt partners. Internal Financial Reporting
Develop and deliver comprehensive monthly and quarterly internal financial reports to ownership, providing insights on portfolio performance, operating margins, and cash flow.
Customize reporting packages for family office executives, stakeholders, and property-level decision-makers.
Lead ongoing efforts to refine internal reporting processes, KPIs, and presentation formats. Budgeting, Forecasting & Strategic Finance
Lead cash flow forecasting at both the property and portfolio levels, incorporating debt service, capital improvement planning, and leasing assumptions.
Support property acquisition and refinancing decisions by building or reviewing property-level financial models.
Maintain rolling forecasts and scenario analyses to inform capital planning and operational strategy. Team Leadership & Operational Oversight
Supervise and mentor two operational accountants, reviewing their work and streamlining processes related to accounts payable, rent collections, reconciliations, and monthly close.
Oversee the monthly close process, including review of journal entries, account reconciliations, and ledger accuracy.
Foster a culture of ownership, precision, and accountability within the accounting function. Process & Systems Optimization
Evaluate existing workflows and implement process improvements to enhance efficiency, accuracy, and scalability of the finance function.
Manage and optimize use of property management and accounting systems (e.g., Yardi, Appfolio).
Standardize documentation and reporting practices to ensure consistency and ease of review. Qualifications Education & Experience
Bachelor’s degree in Accounting or Finance (CPA or MBA preferred).
Minimum 5–8 years of experience in real estate accounting or finance, ideally with exposure to debt financing and property operations.
Prior experience working directly with property-level accountants or staff accountants in a leadership capacity is required.
Experience in small company or family office environments is preferred; ability to operate without the structure of public company processes. Technical & Analytical Skills
Proficiency in GAAP-based financial reporting, though no audit preparation is required beyond lender-related documentation.
Advanced Excel skills for modeling, forecasting, and data analysis.
Familiarity with property accounting software such as Yardi, Appfolio, or MRI. Core Competencies
Financial Acumen: Strong grasp of real estate finance, loan structures, and operational cash flow drivers.
Ownership Mentality: Self-starter who thrives in a lean environment with broad responsibility.
Communication: Capable of conveying complex financial insights clearly to both sophisticated investors and non-financial stakeholders.
Leadership: Demonstrated ability to build team trust, delegate appropriately, and elevate performance standards. Why This Role Matters
Direct Ownership Access: Work closely with principals and decision-makers to shape financial outcomes.
High Impact: Your reporting and analysis will drive critical decisions on refinancing, acquisitions, and long-term strategy.
Scalable Platform: As the portfolio grows, this role offers the opportunity to expand in scope and influence, with visibility across all areas of the business.