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Accountant

2 months ago

Phoenix, United States Macerich Full time

Accountant Phoenix Corporate Office Phoenix, Arizona Great people make great properties. As a shopping center developer of some of the nation’s best real estate in top markets, Macerich offers opportunities to work, grow and develop your unique talents. Apply now to help us shape the future of retail real estate while building a meaningful, rewarding, and balanced career.

The Position on our Team: The Accountant provides detailed financial and accounting analysis and serves as the primary accounting control for multiple properties. This position is responsible for overseeing the general ledger accounting, financial reporting, and the budgeting functions. This role will also perform cash management analysis duties for the Company with various departments and banking institutions. This position is on a hybrid schedule with a mix of in-office and remote work days. In This Role, You Will: Accountant Accept overall responsibility and ownership of accounting and financial reporting matters for assigned properties. This includes understanding information received from other shared services departments, having a strong working knowledge of such information, and critically analyzing the impact of such information on properties economically and from a financial reporting perspective. Examples include recovery accruals, accounts receivables, overage rent, straight-line rent, and fixed assets. Oversee application of GAAP for property including reconciling general ledger accounts. This includes inquiry of other departments regarding items affecting the general ledger that were prepared by other departments. Analyze in detail all factors affecting net operating income and net profit. Prepare analysis of partner distributions in relation to expected cash inflows/outflows and current cash position. Prepare accrual and general journal entries at month-end. Prepare financial statements monthly along with an electronic working paper package that contains variance comments quarterly and serves as a detailed audit trail. Prepare actual versus budget/prior year monthly analysis with variance explanations for property reports. Work effectively with the Property Manager to develop variance explanations. Prepare quarterly projections/budgets of accounting data for assigned properties. Manage and ensure payment of debt service, ground leases, real estate taxes, and other miscellaneous special payments. Analyze and reconcile related general ledger accounts monthly. Serve as primary liaison with Accounts Payable and Property Mall Team on general ledger coding questions. Research agreements, ordinances, etc. to ensure accurate calculations. Perform occasional special projects. Assist in year-end audit with outside auditors and tax return packages with in-house tax accountant. All other duties as assigned. Cash Management Analysis Perform Daily Cash Report duties. Enter approved wires in our various online banking systems and complete approved transfers between accounts. Settle intercompany account balances through inquiry of the general ledger and internal transfer of funds on a regular basis. Work collaboratively with Shared Service departments on transactions. Perform bank reconciliations for Company accounts through system software. Ensure interest and bank charges are properly recorded by the bank on all accounts. Handle situations and issues as they arise (e.g. potential overdrawn and ensuring wires and other transactions process on a timely basis, problems with interface between bank and general ledger, etc.). Assist in opening and closing of bank accounts. What You Bring to Macerich: Required: Bachelor’s Degree in Accounting 0 – 2 years’ experience Knowledge of accounting principles Ability to identify, comprehend and solve problems through review of accounting and financial data Proficient in Excel Good communication skill set, team player All applicants must be able to perform the essential functions of the position, including corresponding core job requirements, with or without a reasonable accommodation. Reasonable accommodations may be made to enable individuals with disabilities (and others in accordance with applicable law) to perform the essential functions of the job, consistent with applicable laws and Company policy. Nice to Have: Online banking experience preferred. Why You’ll Love Working with Us: We know our people make us who we are, and we take pride in recruiting and retaining the best and brightest employees from all backgrounds. We recognize the value of strengthening our workforce with diverse thoughts, voices, ideas and people. This makes our company a rewarding and energizing environment to work in. As an employee with Macerich, you will also benefit from the following: Best-in-class benefits with affordable employee contribution levels Hybrid work schedule with the ability to work remotely two days per week Annual paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually Savings accounts for your future through 401K and Health Savings Accounts Participation in the Company stock program at a discount 24 paid volunteer hours annually and employer charitable match benefit A sense of belonging fostered by wellness, satisfaction, diversity and inclusion Why Macerich We create places where people come together. Macerich is reinventing the retail experience bringing together the best of shopping, dining, office, multifamily and experiences to meet the needs of the communities we serve. With 44 properties in some of the most vibrant, bustling cities across the country from New York to California, Macerich is setting the bar for transforming retail real estate into our vision for Regional Town Centers for everyone. Our Culture of Belonging At Macerich, we prioritize diversity, inclusivity, and equity, benefiting our employees, workplaces, and communities. We actively seek talented individuals from diverse backgrounds, recognizing the strength it brings. Our goal is to create a thriving, respectful environment that celebrates uniqueness and fosters learning. We are proud of our practices promoting equal employment and advancement opportunities. Macerich welcomes all qualified applicants, regardless of protected characteristics. For further details, refer to our Anti-Harassment, Discrimination, and Retaliation Policy. We provide reasonable accommodations for individuals with disabilities. Contact our People team for assistance. We strive to be leaders in our industry by operating properties that prioritize responsible stewardship of our resources for the benefit of our tenants, guests, investors, employees, communities, industry partners and the planet. We are also committed to creating a diverse, inclusive and equitable workplace where all employees can thrive. By prioritizing and investing in our employees, we create value for our workplaces and Regional Town Centers, as well as the communities we serve Experience

Preferred

Less than 2 year(s): Accounting Experience Education

Preferred

Bachelors or better in Accounting

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