Financial Controller - Hackman Capital

SUMMARY:

The Financial Controller will work closely with all members of the accounting department. This individual will have ownership of the accounting, administration, and reporting of multiple properties and capital level entities. This includes maintaining general accounting practices, internal controls, financial analyses, treasury management/administration and reporting. They will mentor and provide hands-on training to members of accounting, as well as enhance and streamline processes. The Financial Controller will also assist with key processes for the accounting department as a whole, including treasury and investor administration.

RESPONSIBILITIES:

§  Assist the SVP of Property and Fund Accounting in providing leadership, direction and management of the Accounting Department.

§  Manage and mentor department managers.

§  Review and understand deal documents, including partnership agreements, joint venture operating agreements and loan agreements.

§  Responsible for monthly, quarterly and annual financial reporting for a group of assets and capital entities.  This includes reporting to internal management, lenders and investors on an accurate and timely basis.

§  Perform an analytical review of monthly operating results and accounting workbooks, including budget-to-actual variance analysis of property revenues and expenses.

§  Review property, joint-venture and capital level cash flow sources & uses.  Work with department managers and the Asset Management team in reforecast of cash flow for future months.

§  Maintain technical accounting compliance, including consultation with external auditors and tax advisors on complex accounting and tax issues as necessary.

§  Coordinate the preparation of the annual budget with Accounting and Asset Management, monitor operating results and ensure that forecasts are up-to-date.

§  Responsible for the coordination and management of year-end audit requirements and overall process. 

§  Assist internal tax team and outside tax firms with the K-1 and tax return process.

§  Take a lead role in managing the Company’s treasury activities, including bank account setup and maintenance, bank treasury relationship management, cash reporting and forecasting, short-term investing, wire payments, and fraud prevention controls.

§  Assist with investor data management and reporting.

§  Participate in a wide variety of special projects and reporting initiatives.

Requirements

SKILLS AND QUALIFICATIONS:

§  Undergraduate degree in accounting, finance or similar discipline

§  Certified Public Accountant (CPA) preferred; not required

§  7-10 plus years of progressive accounting experience with a minimum of 4 years in property or investment accounting under a Controllership role

§  Supervisory experience with demonstrated ability to manage projects and several staff

§  Well-versed in PC based financial application systems and databases with advanced knowledge of Excel

§  Solid understanding of financial modeling and concepts, including yields, debt service coverage ratio, cap rates, IRRs, cash-on-cash return, etc.

§  Ability to work independently in a fast-paced, high growth environment

§  Strong problem-solving and analytical skills

§  Able to multi-task, prioritize, and manage deadlines

Salary Range: $140-180 base

Hackman Capital Partners, LLC (Hackman) is a privately held, real-estate investment and operating company, based in Los Angeles, California, that focuses on commercial industrial and studio properties in major U.S. and European markets. Founded in 1986, the firm has $10 billion in overall assets under management, with investments across 37 states—having owned, through our affiliated entities, over 330 properties totaling 37-plus million square feet. Recognizing the growing demand in urban markets, we were one of the early pioneers of converting industrial properties into creative office and media space in Southern California.

Today we are the world’s preeminent film and television studio platform—acquiring, operating, servicing, and developing independent studio properties in the industry’s top production markets. Our unrivaled portfolio of studio assets includes more than 131 active sound stages at 17 studio facilities- and another 80 stages planned or in development - across North America, the UK, Ireland, and Scotland.

Some of Hackman’s most notable Southern California projects include Radford Studio Center which includes 1.1 million square feet of studio space and broadcast facility, Television City Studios, a 780,000 square-foot television and broadcast facility with an opportunity to develop 1.2 million square feet; The Culver Studios, a 14.3-acre film and television studio campus and home of Amazon Studios The Culver Steps, a 1.16-acre, mixed-use development, directly adjacent to The Culver Studios and also home to Amazon Studios; Manhattan Beach Studios, a 587,000 square-foot studio on 21.8 acres; a 75,000-square-foot creative office conversion at 5500 West Jefferson Boulevard in Los Angeles; a 550,000-square-foot creative campus conversion in El Segundo; the Beats/Apple Southern California headquarters; and Westwood One Studios. Hackman Capital Partners is currently constructing approximately 1 million square feet of creative office and media-related campus space in Southern California.

Hackman Capital Partners is headquartered in Los Angeles, California and has an additional office in Columbus, Ohio. For more information, visit www.hackmancapital.com.

Hackman Capital Partners is an equal opportunity employer and is committed to providing equal employment opportunities to all individuals regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other characteristic protected by federal, state, or local laws. We are dedicated to creating an inclusive environment for all employees.

We also provide opportunities in accordance with the ADA and will provide reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job, unless doing so would impose an undue hardship on the company.

Benefits

• Complimentary on-site valet Parking
• Lunch ordered on-site 3x week
• Well stocked pantry with "healthy" snacks
• Regular social events/team building
• 100% employer paid benefits for employee
• Generous coverage for dependents
• Generous 401k
• Dog Friendly workplace
• Generous Holidays/Time Off
• Hybrid