Regional Accounting Manager
4 days ago
First Industrial Realty Trust, Inc. is seeking a highly skilled Regional Accountant to manage the regional accounting functions for a market. The ideal candidate will have approximately three to four years of accounting experience and a strong understanding of accounting principles and systems.
The Regional Accountant will be responsible for managing accounts payable, accounts receivable, tenant database maintenance, budgeting, current year projection revisions, expense reconciliation, maintenance company accounting, and general financial reporting. The successful candidate will also act as a regional point person and report to regional and corporate management regarding all regional accounting issues.
Key Responsibilities:
- Accounts Payable: Responsible for accounts payable functions, including reviewing, coding, and processing invoices for payment, monitoring invoices through the approval process, and collecting real estate tax statements.
- Accounts Receivable: Ensures accurate and timely tenant billing, including real estate taxes and maintenance work, and periodically reviews past due accounts.
- Reporting: Prepares accounting and financial analyses, including monthly reporting, projections, annual budgets, and special projects.
- Abstracting: Updates the computer system with lease and tenant information, prepares rent statements, calculates maintenance and tax expense charges, and transfers utility accounts.
- Projections: Uses the computer system to prepare and update current year income and expense projections on a recurring basis.
- Budgeting: Manages the annual budgeting process, prepares and communicates the regional team's project timetable, collects prior year expense information, and enters and analyzes future income and expenditures.
- Reconciliations: Manages annual operating expense (true-up) reconciliation, uses the computer system to prepare reconciliation, and reviews each tenant's reconciliation for accuracy and conformity to the limits and terms of the lease.
- Maintenance Company Accounting: Prepares time-entry for charging maintenance jobs to tenants, prepares annual budget, reviews monthly financial statements for accuracy, and codes maintenance expenses appropriately.
- Capital Expenditure Recovery: Tracks recovery of capital expenditures over multiple years, verifies accuracy of financial statement accruals and tenant charges each year.
- Supervisory: Plans, coordinates, and follows up on the work of regional accounting and clerical staff involved in the accounting functions listed above.
Requirements:
- Approximately three to four years of accounting experience necessary to gain proficiency needed to understand, analyze, and maintain a variety of accounts.
- Knowledge of accounting principles and systems in order to maintain general ledgers and prepare related statements and financial reports.
- Good interpersonal and telephone communication skills when answering questions from tenants and vendors and following up on delinquent accounts.
- Good written communication skills, including the ability to prepare accurate and appropriate documentation and to review, proofread, and check documentation for accuracy.
- Computer skills necessary to enter and manipulate words and data and use standard microcomputer-based software to communicate with others, prepare documentation, and/or analyze data.
Work Environment:
- Work requires sitting for extended periods of time when working with the computer system.
- Work is performed in a normal office environment where there are relatively few physical discomforts due to dust, dirt, noise, and the like.
- Work may require occasionally traveling to locations other than the office location.
Equal Employment Opportunity:
First Industrial Realty Trust, Inc. is an Equal Opportunity Employer Committed to Diversity, M/F/D/V
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