Accounting Manager

4 hours ago

Bethesda, Maryland, United States Federal Realty Investment Trust Full time
Accounting Manager Job Description

Federal Realty Investment Trust is a leading real estate investment trust that owns and manages a portfolio of premium retail properties across the country.

We are seeking an experienced Accounting Manager to join our team and oversee the accounting functions for our properties.

Key Responsibilities:
  • Supervise a team of senior accountants responsible for property accounting and provide support to the related property operations and asset management teams.
  • Oversee the month-end close process, including the review and posting of general ledger journal entries, review of month-end accruals/reclasses for accuracy, validity, and proper classification, and review of various schedules and analyses.
  • Manage various close processes, including monthly expense accruals/reclasses submitted by regional divisions, and monthly income accruals, including real estate tax recovery, Common Area Maintenance (CAM) recovery, tenant recovery, and parking, etc.
  • Prepare variance analyses on property financial statements and review with property operations group, including the review and posting of adjusting entries as necessary to accurately state financials.
  • Assist in the onboarding of new property acquisitions to ensure an effective and timely transition of tasks and the accuracy of related property accounting and reporting.
  • Oversee various quarterly general ledger account reconciliations to ensure accurate and timely completion.
  • Manage sales and use tax filings, and other state and local tax filings as needed, ensuring compliance in various states, including coordination of sales tax audits.
  • Oversee the timely and accurate completion of quarterly partner distributions.
  • Perform and coordinate various analyses and schedules that help ensure the accuracy of monthly and quarterly financial data.
  • Function as liaison with auditors for completion of the financial statement and internal control audits and Sarbanes Oxley compliance.
  • Manage various projects and perform other duties as assigned.
Requirements:
  • Bachelor's degree in Accounting or Finance required.
  • CPA required.
  • 6+ years of commercial property accounting experience, knowledge of retail properties a plus.
  • 2-3 years of management experience.
  • Excellent attention to detail and well-organized.
  • Advanced Microsoft Excel skills.
  • Proven analytical and problem-solving skills.
  • Demonstrated ability to manage multiple projects and competing priorities without compromising accuracy or quality.
  • Excellent organizational and communication skills, both verbal and written.
  • Self-motivated, detailed-oriented team player with demonstrated ability to thrive in a fast-paced, deadline-driven environment.
  • Excellent relationship-building ability, proactive, results-oriented, and resourceful.
  • Proven ability to deliver excellent customer service at all levels of the organization.

Federal Realty Investment Trust is an Equal Opportunity/Affirmative Action employer. We value a diverse workforce and are committed to providing equal employment and advancement opportunities to all employees and applicants.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetics, sexual orientation, or protected Veteran status.

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