Real Estate Financial Analyst

1 week ago

Philadelphia, Pennsylvania, United States Brandywine Realty Trust Full time
Job Overview

Company Overview

Brandywine Realty Trust is dedicated to excellence in the development, construction, and management of premier Class-A office, multi-family, and mixed-use properties across the nation. Our commitment to community engagement reflects our corporate culture, which emphasizes the pursuit of excellence in every employee.

Founded in 1994 by Jerry Sweeney, our President and CEO, we are a publicly traded entity on the New York Stock Exchange (NYSE: BDN), strategically operating in select markets nationwide.

Position Summary

We are looking for a Property Accountant to join our Philadelphia Headquarters, responsible for managing accounting functions for our owned properties.

Key Responsibilities

  • Examine lease profiles for accuracy in rent billings, late fees, lease options, security deposits, and incentives.
  • Process daily cash receipt batches efficiently.
  • Support the Accounts Receivable team in the collection of overdue tenant accounts.
  • Engage effectively with internal and external stakeholders to resolve issues.
  • Assist the team with:
    • Month-end general ledger review
    • Preparation of month-end adjusting journal entries
    • Generation of month-end accrual journal entries
    • Updating monthly property accounting workpapers for balance sheet accounts including prepaid taxes, prepaid repairs and maintenance, unbilled receivables, and accrued expenses.
  • Provide ad hoc reports as needed.
  • Perform other related duties as assigned.

Qualifications

  • Bachelor's degree in accounting from an accredited institution.
  • 0-3 years of relevant experience; experience in real estate accounting is preferred.
  • Proficient in computer applications including Excel and Word; familiarity with general ledger software is required, MRI experience is a plus.
  • Experience in a multi-site environment, publicly traded companies, and the REIT sector is advantageous.
  • Strong communication, presentation, and writing skills are essential.

Candidates should demonstrate a solid understanding of basic accounting principles, possess strong analytical skills, exhibit high attention to detail, and have the ability to manage multiple tasks in a fast-paced corporate setting.

Mathematical Skills

  • Ability to perform calculations involving discounts, interest, commissions, proportions, and percentages.
  • Capability to apply basic mathematical concepts such as fractions, percentages, ratios, and proportions to real-world scenarios.

Reasoning Skills:

  • Ability to identify problems, gather data, establish facts, and draw valid conclusions.
  • Capacity to interpret a wide range of technical instructions in both mathematical and diagrammatic forms and to manage several abstract and concrete variables.

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this role. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Work Environment

The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this role. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Note: The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this position. They are not intended to be an exhaustive list of all duties, responsibilities, and skills required of personnel classified in this role.

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