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Assistant Controller

BioMed Realty is seeking an Assistant Controller to join their Property Accounting group, working in a dynamic and fast-paced environment to manage financial support for a portfolio of properties.

Skills

  • Strong knowledge of GAAP
  • Experience in property management and real estate
  • Proficiency in accounting software
  • Detail-oriented organizational skills
  • Interpersonal skills

Responsibilities

  • Review and oversee financial statements for various properties
  • Perform monthly and quarterly financial variance notes
  • Review lease agreements for accounting treatment
  • Facilitate audits conducted by external firms
  • Assess and recommend improvements to the accounting process
  • Collaborate with cross-functional teams
  • Train and supervise accounting staff

Education

  • Bachelor’s degree in Accountancy, Finance, or related field

Benefits

  • Employer-Paid Medical, Dental, and Vision Insurance
  • Paid Time Off and Paid Family Leave Benefits
  • 401(k) Retirement Savings Plan
  • Tuition Reimbursement
  • Flexible Spending Accounts
  • Commuter Benefits
  • Lifestyle Spending Account
  • Pet Insurance
  • ID Theft Insurance
  • Legal Insurance
  • Employee Assistance Program
  • 100% Employer-Paid Life & AD&D Insurance, Short and Long Term Disability
To read the complete job description, please click on the ‘Apply’ button
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Average salary estimate

$126000 / YEARLY (est.)
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$112000K
$140000K

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What You Should Know About Assistant Controller, BioMed Realty

Join the amazing team at BioMed Realty as an Assistant Controller in sunny San Diego, California! In this vital role within our Property Accounting group, you’ll dive into the financial and accounting aspects of our diverse portfolio of properties. You will engage in a dynamic and fast-paced professional environment where teamwork is key. This position promotes a hybrid work model, giving you the flexibility to work four days in the office and one day remotely. As an Assistant Controller, your responsibilities will include reviewing financial statements, performing variance analyses, and ensuring compliance with US GAAP and tax regulations. You’ll also interpret lease agreements and review annual CAM estimates, providing crucial support to our operations and asset management teams. Your role will involve working closely with cross-functional teams to enhance our financial processes, alongside supervising and mentoring our talented accounting staff. To succeed, you’ll need a Bachelor’s degree in Accountancy or Finance, with at least seven years of relevant experience, particularly in property management or a related field. Strong knowledge of GAAP, attention to detail, and exceptional organizational skills are essential. At BioMed Realty, you'll enjoy competitive salary and benefits, including employer-paid medical, 401(k) savings, tuition reimbursement, and much more—plus, we believe in creating a workplace where everyone can bring their authentic self! Ready to make a difference? We can’t wait to hear from you!

Frequently Asked Questions (FAQs) for Assistant Controller Role at BioMed Realty
What are the main responsibilities of the Assistant Controller at BioMed Realty?

The Assistant Controller at BioMed Realty is responsible for overseeing financial statements for properties, ensuring compliance with US GAAP, and interpreting lease agreements. Additionally, this role involves facilitating audits and improving current accounting processes while providing training and support to the accounting staff.

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What qualifications are required for the Assistant Controller position at BioMed Realty?

To be considered for the Assistant Controller role at BioMed Realty, candidates should have a Bachelor’s degree in Accountancy, Finance, or a related field, along with seven or more years of progressive accounting experience. Supervisory experience and knowledge of real estate accounting principles are crucial for this position.

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How does the hybrid work model work for the Assistant Controller role at BioMed Realty?

The hybrid work model for the Assistant Controller at BioMed Realty typically includes working four days at the office and one day remotely. However, this arrangement might be adjusted based on the company's operational needs, ensuring flexibility while maintaining productivity.

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What skills are essential for the Assistant Controller at BioMed Realty?

Essential skills for the Assistant Controller role include strong technical knowledge of GAAP, exceptional organizational skills, and excellent interpersonal communication. Being detail-oriented and having proficiency in accounting software, especially MRI, along with MS Office, is also essential.

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What benefits does BioMed Realty offer to the Assistant Controller position?

BioMed Realty offers a comprehensive benefits package, including employer-paid medical, dental, and vision insurance, a 401(k) retirement savings plan, paid time off, tuition reimbursement, and additional perks such as onsite gym access and lifestyle spending accounts.

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Common Interview Questions for Assistant Controller
What experience do you have that makes you a suitable candidate for the Assistant Controller position at BioMed Realty?

When answering, highlight your accounting background, especially in property management and real estate. Discuss specific roles and responsibilities you've had in past positions that align with the Assistant Controller duties, such as supervising staff and ensuring compliance with financial regulations.

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Can you describe your experience with GAAP and how it applies to the Assistant Controller role?

Be prepared to discuss your knowledge of GAAP principles and give examples of how you've applied them in previous positions. Mention any specific scenarios where adherence to GAAP was crucial during audits or financial reporting.

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How do you prioritize tasks in a fast-paced accounting environment?

Discuss your organizational strategies, such as making to-do lists, utilizing project management tools, or collaborating with your team to distribute tasks effectively. Emphasize your ability to meet deadlines while maintaining accuracy under pressure.

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What is your approach to mentoring and training accounting staff?

When answering, share your philosophy on mentorship, emphasizing your commitment to developing your team through skill-building sessions, constructive feedback, and hands-on training in various accounting processes.

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How do you handle discrepancies in financial reports?

Demonstrate your analytical skills by describing your process for investigating discrepancies, including identifying root causes, collaborating with team members, and implementing solutions to ensure accuracy moving forward.

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Do you have experience working with accounting software like MRI? How would you utilize it in the Assistant Controller role?

Explain your proficiency with MRI and any other relevant software. Discuss specific tasks you performed using the software, such as financial reporting or managing accounts, showcasing how it can enhance efficiency in the Assistant Controller position.

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What strategies would you implement to improve financial processes at BioMed Realty?

Share your insights on process improvement strategies, such as automation, streamlining reporting procedures, or enhancing team communication. Focus on how these strategies can lead to greater efficiency and accuracy.

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How do you keep updated with changes in accounting regulations relevant to the role?

Discuss your commitment to continuous learning, whether through professional organizations, webinars, or courses. Highlight how staying informed helps you maintain compliance and provides value to the organization.

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Describe a time when you facilitated an audit successfully.

Give a specific example where you prepared documentation for an audit, how you collaborated with external auditors, and the positive outcome. This shows your experience and capability in managing compliance and audits.

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Why do you want to work as an Assistant Controller at BioMed Realty?

Personalize your answer by tying in your passion for real estate and accounting. Mention how BioMed Realty’s mission resonates with you and how you can contribute to their objectives, emphasizing your alignment with their values.

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BioMed Realty, a Blackstone portfolio company, is a leading provider of real estate solutions to the life science and technology industries. BioMed Realty owns and operates high quality life science real estate comprising—as of September 30, 2023—...

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DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$112,000/yr - $140,000/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 19, 2025

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