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B. F. Saul Company · 4 months ago

Accounting Manager I

Bethesda, Maryland

Full-time

Onsite

Mid, Senior Level

$120K/yr - $150K/yr

5+ years exp

B.F. Saul Company is a self-managed equity real estate investment trust that operates a diverse portfolio of shopping centers and office properties. The Accounting Manager I will manage the accounts payable and accounts receivable functions, supervising a team and ensuring compliance with internal controls, timely payments, and accurate financial reporting.

Real Estate

Responsibilities

Manage the Accounts Payable Specialist, Accounts Receivable Specialist, and Property Administrator positions

Manage the Accounts Payable function:

Ensure compliance with Saul Centers’ internal controls over accounts payable, including proper account coding and approvals

Ensure timely and accurate payments

Coordinate with internal treasury function and banks on positive pay and electronic payments

Manage the Accounts Receivable function:

Ensure effective and timely communication with tenants

Review tenant accounts receivable reports and ensure timely and accurate application of tenant payments

Work with Controller to identify and implement improvements, especially with respect to the processing of electronic payments

Review monthly property operating statements:

Review tax recovery and operating expense recovery accruals

Review utility expenses and recoveries

Review supporting monthly schedules for accuracy and completeness and agreement with the general ledger

Help lead department operations:

Provide guidance and feedback to property accountants and lease analysts to ensure timely and accurate completion of daily responsibilities

Train property accountants to ensure cross training on all functions

Execute on the department’s priorities through daily interaction, staff meetings, coaching and counseling

Build and maintain effective relationships with the accounting staff and with colleagues across the organization

Review year end expense recovery billings to tenants, ensuring that they are completed both accurately and timely

Backup the lease abstract and rent roll processes

Document all activities appropriately to ensure compliance with Sarbanes-Oxley and an effective and successful audit

Special projects as directed by Controller and/or Assistant Controller

Qualification

Real estate accountingAccounts payable managementAccounts receivable managementExcel skillsPublic accounting experienceAnalytical skillsSupervisory experienceDegree in AccountingCPA preferredCommunication skillsAttention to detail