Accounting Manager Job at B.F. Saul Company in Bethesda

Saul Centers, Inc. is a self-managed, self-administered equity real estate investment trust, formed in 1993. Saul Centers operates and manages a real estate portfolio of 61 community and neighborhood shopping center and office properties totaling approximately 9.8 million square feet of leasable area.

Saul Centers' primary operating strategy is to continue its program of internal growth, renovations, and expansions of community and neighborhood shopping centers that primarily service the day-to-day necessities and services subsector of the overall retail market.

Position Summary

Manages the accounts payable and accounts receivable functions of the company, supervising three direct reports. Reviews the property operating statements, monthly rent rolls and reviews the work of senior accountants. Assists Controller and Assistant Controller as needed and complies with established Operating Policies and Procedures.

Summary of Competitive Benefits & Perks:

• Health/Medical Insurance including Dental and Vision
• 401(k) with company match
• Paid time off
• Bonus/Target Incentive
• Tuition Reimbursement
• Complimentary usage of modern in-house fitness center
• On-premise full-service dining center discounts
• Discounts via the company's EAP
• Monthly Employee Recognition Programs
• Referral bonus
• Pre-tax transportation options
• Plus more!

Accounting Manager's Duties & Responsibilities: Duties will include, but are not limited to, the following:

• 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.
• Review and distribute rent rolls.
• Track pending leases to ensure timeliness of initial rental billing.
• Identify potential problems or issues and bring to supervisor's attention
• Maintain supplemental tenant receivable schedule for payment plans and deferrals.
• 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.

Accounting Manager, Selection Criteria Job Requirements (Skills/Abilities):

• Real estate and accounts payable accounting experience preferred
• Strong communication skills
• Able to meet multiple priorities and deadlines
• Attention to detail
• Strong Excel skills
• Analytical and energetic with a "Can Do" attitude
• 5 to 7 years of relevant accounting experience
• Prior public accounting experience preferred
• Prior supervisory experience preferred
• Working knowledge of applicable accounting standards
• Bachelor's Degree in Accounting
• CPA preferred

$120,000 - $150,000 a year

#BFS7501

The actual base pay offered is determined by several variables, including, as appropriate, the applicant's qualifications for the position, years of relevant experience, distinctive skills, level of education attained, certifications or other professional licenses held. Base pay is one component of Saul Centers Inc. total compensation package, which also includes access to or eligibility for healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, bonus plans and more.

Saul Centers, Inc. is proud to be an equal opportunity workplace. We foster an environment that recognizes employees' unique skillsets and ensure that all employees have an equal opportunity to grow and advance.

If you are a candidate in need of assistance or an accommodation in the application process, please contact corporate.resumes@bfsaul.com or 301-986-6000.

Equal Opportunity Employer/Veterans/Disabled