What are the responsibilities and job description for the Transactions and Technical Accoutant position at Phillips Edison & Company?
Position Summary
This position will be responsible for the coordination and accounting of activities related to the on- and off-boarding of newly acquired and disposed real estate assets. Additionally, this position participates in technical accounting related analysis, purchase price allocation valuations and impairment evaluation. This position offers high visibility within the accounting department along with various teams within the operating departments.
Essential Duties And Responsibilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
This position will be responsible for the coordination and accounting of activities related to the on- and off-boarding of newly acquired and disposed real estate assets. Additionally, this position participates in technical accounting related analysis, purchase price allocation valuations and impairment evaluation. This position offers high visibility within the accounting department along with various teams within the operating departments.
Essential Duties And Responsibilities
- Perform initial and subsequent accounting for newly acquired or disposed properties, including monitoring for month-end accruals, account reconciliations, and reviewing financial statements for completeness and accuracy in accordance with company accounting policy and procedures.
- Interpretation and execution of purchase and sale agreements, including the calculation of post-close proration true-ups on payables and receivables and settlements with counterparties.
- Prepare common area maintenance and tax reconciliations for transacted properties.
- Review purchase price allocation valuations prepared by third-party on newly acquired properties for reasonableness and accuracy.
- Respond to various urgent requests from internal business partners related to a property disposition or acquisition.
- Aid with asset impairment evaluations.
- Participate in other technical accounting analysis
- Respond to various quarterly and year-end financial reporting and audit requests.
- Understand the risks of responsible business activities and maintain the related control effectiveness.
- Assist with other projects as needed.
- Bachelor’s Degree in Accounting or related field required.
- CPA or working towards a CPA designation is preferred.
- Excellent analytical and technical skills, including proficiency in Microsoft Office (Excel, Word); experience with MRI and familiarity with AI tools (e.g., Microsoft Copilot) preferred.
- Excellent communication and organization skills required.
- Meticulous attention to details and accuracy.
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.