Director of Accounting

Position Description

Job Title: Accounting Director

Reports To: Chief Financial Officer

Department: Accounting and Administration

Summary: Supervises and coordinates activities of staff accountants by performing the following duties personally or through subordinate supervisors.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

• Prepares journal entries, account analysis, cash flows and other work papers for domestic operating real estate properties and affiliated ownership companies. Entity types may include office and residential buildings, and new developments.

• Leads team of Accounting Managers, Senior and Staff Accountants in all financial and accounting functions including property accounting, corporate accounting and financial operations (accounts receivable and lease accounting).

• Compiles scheduled financial statements and reports for external parties.

• Assembles Loan Draw Request for operating properties and developments for submission to investors and lenders as required for funding tenant improvement, lease commission and capital expenditure costs.

• Collects information and arranges for annual audit; works with outside accountants to ensure timely completion of engagement.

• Participates in annual budget preparation, periodic cash flow forecasts, and reviews reconciliation of tenant pro rata shares of operating expenses and real estate taxes.

• Assists with tax return preparation and coordinates return preparation with third party advisors.

• Improves the effectiveness and efficiency of the accounting function by transforming processes and procedures, as well as implement technology and internal controls that mitigate accounting and financial reporting risks.

• Assist in recruiting, training and evaluating staff.

• Ensures corporate allocations are recorded properly and assist in the development of the annual budget and quarterly projection updates.

Supervisory Responsibilities:

Directly supervises staff accountants. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education/Experience:

Bachelor's degree in Accounting from four-year college or university required. Minimum 4-6 years experience in general accounting and/or training; or equivalent combination of education and experience. Experience in public accounting firm or real estate accounting experience preferred. CPA preferred. Individual should be organized and self-motivated with strong verbal and written communication skills. A qualified candidate will also demonstrate a strong desire to learn and a commitment to excellence.

Software:

To perform this job successfully, an individual should have knowledge of Microsoft Word and Excel, Skyline Property Management System, Yardi, and MRI Accounting software.