Overview
Controller Jobs in Raleigh, NC at Bannister Properties
Title: Controller
Company: Bannister Properties
Location: Raleigh, NC
BANNISTER PROPERTIES LLC
Commercial Real Estate • Brokerage • Development • Property Management • Investment
Controller
Reports To: President, Board of Directors
Location: Raleigh, NC (On-Site)
Type: Full-Time, Exempt
Compensation: Commensurate with Experience
Target Start: June–July 2026
Travel: Minimal (local portfolio)
ABOUT BANNISTER PROPERTIES
Bannister Properties LLC is a privately held commercial real estate firm based in the Raleigh area with a 40+ year operating track record. We own, operate, develop, and manage a diversified portfolio of commercial properties spanning office, medical, industrial, industrial outdoor storage, and other asset classes.
As a well-capitalized, owner-operated company, we take a long-term approach to real estate—prioritizing quality tenants, disciplined underwriting, and sustainable growth over short-term gains. Our integrated platform covers brokerage, development, property management, and investment activities, providing exposure to the full lifecycle of commercial real estate.
WHY JOIN BANNISTER PROPERTIES
- High-Responsibility Role: Manage core financial operations across a multi-entity commercial real estate portfolio
- Lean Operating Environment: Work directly with ownership in a focused, low-bureaucracy setting
- Stability & Discipline: 40+ year track record with a conservative, long-term approach
- Flexible Benefits: Competitive compensation plus a monthly health insurance stipend
- Professional Growth: Opportunity to improve systems and processes within an established platform
- Market Strength: Located in one of the fastest-growing regions in the Southeast
POSITION SUMMARY
We are seeking an experienced, hands-on Controller to oversee the company’s accounting and financial operations across a diversified commercial real estate portfolio.
This is a working controller role responsible for managing day-to-day accounting functions, financial reporting, and cash management across multiple entities. The Controller will work closely with the President and play a key role in maintaining accurate financial records, supporting decision-making, and ensuring consistency across all financial processes.
The position requires strong attention to detail, sound judgment, and the ability to manage complex financial activity in an organized and disciplined manner.
CORE RESPONSIBILITIES
Full-Cycle Accounting
- Manage all accounts payable and receivable across the portfolio
- Perform monthly bank reconciliations (operating, escrow, and reserve accounts)
- Maintain the general ledger and post journal entries
- Process tenant rent rolls, late fees, and security deposit accounting
- Manage vendor payments, W-9 compliance, and annual 1099 reporting
Financial Reporting & Analysis
- Prepare monthly, quarterly, and annual P&L statements by property and entity
- Produce financial reporting packages
- Track rent escalations, percentage rent, and CPI adjustments
- Perform CAM reconciliations and year-end tenant true-ups
- Prepare operating budgets and variance analyses
Lease Administration Support
- Maintain lease abstracts and critical date tracking
- Set up new tenants and manage financial onboarding
- Coordinate on lease-related financial provisions as needed
Banking & Cash Management
- Monitor and reconcile cash positions across multiple accounts and entities
- Process wire transfers, ACH payments, and intercompany transfers
- Coordinate debt service, escrow requirements, and reporting
Tax & Compliance Coordination
- Coordinate with outside CPA firm for tax preparation
- Prepare supporting schedules and workpapers
- Ensure compliance with state and local requirements
Systems & Process Improvement
- Identify opportunities to streamline workflows
- Maintain organized, auditable financial records
- Develop and document standard operating procedures
REQUIRED QUALIFICATIONS
- Minimum 5 years of accounting experience, including experience in commercial real estate
- Demonstrated experience managing full-cycle accounting independently
- Understanding of commercial lease structures (NNN, gross, modified gross) and CAM reconciliations
- Proficiency in QuickBooks and advanced Excel
- Experience with multi-entity accounting and intercompany transactions
- Working knowledge of GAAP as applied to real estate
- Exceptional attention to detail and organizational skills
- Consistent record of accuracy, reliability, and professional judgment
PREFERRED QUALIFICATIONS
- CPA designation or equivalent certification is a plus
- Experience preparing board-level reporting packages
- Familiarity with construction draws, tenant improvements, and development accounting
WHAT WE OFFER
- Competitive base salary commensurate with experience
- Monthly health insurance stipend (flexible use)
- Direct working relationship with ownership
- Stable, well-capitalized organization with a long operating history
- Professional, collaborative environment with a focused team structure
WORK ENVIRONMENT & EXPECTATIONS
This is an on-site role based in Raleigh, NC. Standard business hours apply, with occasional flexibility required during month-end close, year-end reporting, tax periods, and during unforeseen or time-sensitive circumstances.
The role requires the ability to work independently while maintaining consistency and communication in day-to-day financial operations.
PRE-EMPLOYMENT REQUIREMENTS
This position requires a high level of financial discipline, accountability, and professional standards.
As part of the hiring process, the following will be conducted in accordance with applicable laws:
- Background check
- Credit check
- Drug screening
- Employment and reference verification
HOW TO APPLY
Please submit a resume and cover letter outlining your commercial real estate accounting experience. References will be required prior to any offer of employment.
- Bannister Properties LLC is an equal opportunity employer. This description is not intended to be exhaustive and may be updated at any time.
