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Accounting Manager

Federal Realty Investment Trust
United States, California, San Jose
Jan 18, 2025
Overview

Federal Realty Investment Trust is a proven leader in the ownership, operation, development and redevelopment of premium retail real estate in the country's best markets. We are an innovative and dynamic real estate company that owns and manages a best-in-class portfolio of community shopping centers and mixed-use properties. While Federal Realty is one of the largest publicly traded real estate investment trusts in the country, as measured by the value of our assets, we're functionally a small company by most standards and we operate that way. Team members with initiative and proven ability get involved in many facets of executing Federal's business plan.

The Accounting Manager functions as a key part of the West Coast's financial team and is responsible for the overall accounting accuracy for Federal's West Coast portfolio of properties. This position reports to the West Division's Vice President, Regional Finance and is located in San Jose, California.

Responsibilities
  • Responsible for property accounting for a specified set of properties within the West's portfolio; includes providing accounting support to the related property operations and asset management teams, as well as research for internal audits.
  • Oversee the month-end close for the West's portfolio of properties, including the review, approval 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.
  • Perform and coordinate various analyses and schedules that help ensure the accuracy of monthly and quarterly financial data for the West Division.
  • Prepare quarterly financial statement variance analyses for all West properties for corporate reporting.
  • Review and approve quarterly general ledger account reconciliations, sales use tax filings, and real estate tax payments. Ensure accuracy, compliance, and timely completion.
  • Function as the primary accounting expert for property operations.
  • Function as primary liaison with JV partners; includes reviewing and communicating quarterly partner distributions, addressing inquiries and preparing reconciliations.
  • Prepare internal and external broker commission calculations for quarter-end accounting.
  • Partner with property operations to address CAM and Tenant Recoverable billings, including tenant questions.
  • Analyze tenant financial statements for viability/going concern, as assigned.
  • Ad hoc projects and other responsibilities, as assigned.
Qualifications
  • BA/BS in Accounting, CPA preferred.
  • 5+ years of accounting experience, with a solid knowledge understanding of GAAP accounting. Knowledge of property accounting ideal.
  • Proven analytical and problem-solving skills.
  • Possess excellent attention to detail with the ability to process information efficiently under tight deadlines.
  • Advanced Microsoft Excel 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.

Salary Range: The typical base pay range is $130,000-$150,000 per year plus bonus. To ensure a fair and competitive offer, we take into account your job-related skills, experience, relevant qualifications, and the market in San Jose, CA.

Federal Realty Investment Trust is an Equal Opportunity / Affirmative Action employer. Federal values a diverse workforce and is 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.

Federal Realty Investment Trust does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Federal Realty Investment Trust and Federal Realty Investment Trust will not be obligated to pay a placement fee.

If you are unable to submit your application online, please call 301-998-8100.

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