At Piedmont, our mission is to build and transform workspaces that enhance connection and collaboration for tenants, while remaining committed to our stakeholders, employees, and local communities. Going beyond Piedmont's commitment to a best-in-class built environment, we have dedicated ourselves to fostering a diverse and inclusive culture by empowering employees to share their experiences and ideas to create a culture where there is shared pride, passion, and commitment to excellence, innovation, and respect. Culture is more than just a buzzword to us, our employees are what make Piedmont such a dynamic and rewarding place to work and remain our most valuable resource to work together, be successful, grow the company, and make an impactful difference in the office experience.
This position supervises property accountant(s) by providing training, support and timely feedback. The position also reviews property financials, perform portfolio analysis and provide audit support for the consolidated REIT.
JOB REQUIREMENTS:
- Bachelor's degree in Accounting degree or equivalent experience
- A minimum of 5 years' relevant experience, GAAP and real estate accounting preferred
- Proficient in Microsoft Office, experience with MRI and Nexus a plus
- Detail-oriented with strong organization and analytical skills
- Strong in both written and verbal communication
- Ability to work independently and in teams to meet deadlines while maintaining a positive attitude
- Physical requirements involve sitting to perform general office work at computer, and mobility between departments or office area to facilitate work.
- Routine travel is not required for the position.
JOB RESPONSIBILTIES:
1) Review monthly financials and supporting documents for portfolio of 15-25 properties. Areas of review would include the following: bank reconciliations; accounts receivable; straight-line rent; fixed assets, deferred assets, depreciation and amortization; accrued liabilities; and other account reconciliations. (30% of Time)
2) Accounting team support such as maintenance of fixed asset system, importing depreciation/amortization to GL, third party billings, ACH expense reimbursements, importing Angus charges to GL and coordinating corporate allocations to properties. Also provide support to Accounts Payable and Corporate FAS input. (20% of Time)
3) Review property level financial information included in the annual budgets, forecasts and operating expense recovery reimbursements. (15% of Time)
4) Prepare portfolio analysis for management reporting and audit support, property level debt compliance, investment level entity accounting or joint venture reporting if applicable. (15% of Time)
5) Provide back-up and support to Property Accounting team including general ledger responsibilities within MRI, closing the books on a monthly basis, quarterly/annual operating expense recovery calculations, annual budgets, review of purchase price allocations and lease accounting guidance/memos. (10% of Time)
6) Hire, train and supervise property accountant(s) including preparing performance evaluations and managing PTO requests. (5% of Time)
7) Other duties as assigned from time to time to assist the Accounting Group. (5% of Time)
EOE/MFDV