Accounting Manager

WHO WE ARE

JBG SMITH owns, operates, invests in, and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. Our creativity and scale enable us to be more than owners—we are place makers who shape inspiring and engaging places, which we believe create value and have a positive impact in every community we touch.

JBG SMITH has been named multiple times as one of the Washington Post’s Top Workplaces in the region and we pride ourselves in both our outstanding work environments and opportunities for career growth and advancement. Our corporate headquarters in Bethesda, MD. was designed to embrace new, modern ways of working in an office – with a variety of indoor and outdoor workspaces made for both privacy or collaboration and easy access to public transportation and all that Bethesda’s vibrant downtown has to offer.

POSITION SUMMARY

You’re a detail-oriented and organized all-star who takes pride in your work. You are a problem solver who is not afraid to break from traditional processes to create more efficient solutions. You are a self-starter with a disciplined approach and strong follow through. You have demonstrated an ability to juggle competing tasks and bring a flexible approach to most situations. As an essential member of a team that places emphasis on collaboration and a collective effort in completing team goals, you will never be alone in your efforts. Utilizing your excellent communication skills, you will have the opportunity to build relationships both within and outside the accounting department.

WHAT YOU'LL DO

Reporting to the portfolio controller, oversee the assets that are part of the Washington Housing Initiative Impact Pool and our legacy fund business. Supervise three accountants and review their accounting, reporting, and cash management functions.

• Meet regularly to review and discuss staff’s accounting workload.
• Set goals for staff and evaluate performance throughout the year.
• Provide guidance for recording journal entries on property sales, loan refinancing, recapitalizations, and other significant transactions.
• Review and process capital calls and distributions for the investment funds and impact pool.
• Perform detailed review of property, investment fund, and impact pool financial statements prepared by direct reports to ensure accuracy and compliance with monthly close procedures.
• Review monthly budget to actual variance explanations.
• Perform detailed review of quarterly fund reports, fund financial statements, and account reconciliations.
• Assist with monitoring debt and affordability covenants.
• Review monthly, quarterly, or annual reporting for internal purposes, JV partners, investors, and lenders.
• Support and collaborate with other departments on asset acquisitions, dispositions, monthly draws, and cash management needs, among other items.
• Work with third party auditors on year-end tax and audit requests.
• Lead special projects or global initiatives.

WHAT YOU'LL NEED TO SUCCEED (REQUIREMENTS)

• Bachelor’s degree in accounting or related field and a CPA.
• 5 years of accounting work experience, preferably 1-2 years of management experience.
• Experience managing a team and providing constructive feedback on a regular basis.
• Team player who is organized, proactive, self-directed, conscientious, and assumes accountability and responsibility for specific performance and work product for themselves and their team.

• Strong organization and leadership skills and attention to detail.
• Excellent verbal and written communication skills
• Comfortable interacting and communicating with individuals at all levels of the organization.
• Able to work in a fast-paced environment with demonstrated ability to juggle multiple competing tasks and demands.
• Proficiency in Microsoft Office.
• Real estate experience is strongly preferred
• Public accounting experience is a plus.
• Yardi or other accounting software is a plus.

The salary range for this position is $120,000-$130,000 annually. In addition to base salary, a discretionary bonus will be offered. Please note that the salary range information provided is a general guideline. It is uncommon for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on a variety of factors. JBG SMITH considers factors such as (but not limited to) scope and responsibilities of the position, candidate’s work experience, candidate’s work location, education/training, key skills, internal peer equity, external market data, as well as, market and business considerations when making compensation decisions.

JBG SMITH is committed to hiring and retaining a diverse workforce. We are an Equal Opportunity Employer, making decisions without discrimination on the basis of race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, genetic information or any other protected class, in accordance with applicable law.  

Salary : $120,000 - $130,000