What are the responsibilities and job description for the JV Portfolio Accountant position at Regency Centers?
About This Opportunity
At Regency Centers, our people are our greatest asset, and we believe that our highly skilled and talented team makes us better. We are seeking a JV Portfolio Accountant to join our corporate office located in Jacksonville, FL. This is a hybrid opportunity with 3 days in the office and 2 days working remotely after the training period. This individual is responsible for the preparation of financial information for the overall appraisal and secured debt management process for Regency’s co-investment partnership program, including periodic reporting to our joint venture partners, lenders, and internal management team.
What You’ll Be Doing
Required
We own and operate premier shopping centers in suburban neighborhoods in the top cities and markets across the country. We live by a strong set of values, which have guided us for more than 60 years.
Our centers thrive with highly productive grocers, restaurants, service providers, and terrific retailers that connect to their communities and customers. We are also active developers of new shopping centers that feature great merchandising, placemaking, and customer engagement as part of our Fresh Look™ program.
We are a vertically integrated real estate company and a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. Learn more about us at RegencyCenters.com.
Benefits
Our compensation and benefits package is very competitive and includes the following benefits and more. For additional information visit www.regencycenters.com/careers.
Work/Life Balance
At Regency Centers, our people are our greatest asset, and we believe that our highly skilled and talented team makes us better. We are seeking a JV Portfolio Accountant to join our corporate office located in Jacksonville, FL. This is a hybrid opportunity with 3 days in the office and 2 days working remotely after the training period. This individual is responsible for the preparation of financial information for the overall appraisal and secured debt management process for Regency’s co-investment partnership program, including periodic reporting to our joint venture partners, lenders, and internal management team.
What You’ll Be Doing
- Prepare quarterly and annual debt compliance packages as required by our lenders, including various debt calculations.
- Assist with pulling data and answering questions received from lenders, third parties, and internal teams.
- Assist with preparation of appraisals as required by various partnership agreements on a quarterly and annual basis, including initial preparation, inputs, assumptions and review.
- Prepare monthly and quarterly partner distributions in accordance with the various JV agreements including cash flow forecasts by property.
- Responsible for JV debt transactions, including payment of monthly debt service and reconciling escrow accounts required by the lender, and internal debt reports
- Assist in the preparation of partner communications, including presentations and analysis of partnership performance and financial statements.
- Assist the JV Portfolio Manager with the compliance process for the Responsible Contractor policy and Property Management audits, as liaison between auditors and property management teams.
Required
- Bachelor’s degree in Accounting, Finance or related field
- 2 years accounting experience
- Proficiency with Microsoft Office software, particularly Excel and PowerPoint
- Knowledge of GAAP and related concepts
- Strong quantitative and analytical skills including knowledge of financial models and formulas
- Working knowledge of JD Edwards
- Ability to read and comprehend legal documents
- Real estate experience
- Financial analysis and reporting experience
- Commercial real estate valuation principles and financial modeling experience
- Experience with Argus software
- Regency Centers will not sponsor employment-based immigration petitions or applications for this position, including but not limited to H-1B, TN visa, or permanent residency.
- Strong written and oral communication skills
- Strong problem solving and time-management skills
- Great organizational skills with the ability to prioritize workload
- Ability to work with stringent deadlines in a fast-paced environment
- Attention to detail in analysis, documentation and review
- Strong interpersonal skills, including ability to create and maintain effective relationships with internal and external stakeholders
We own and operate premier shopping centers in suburban neighborhoods in the top cities and markets across the country. We live by a strong set of values, which have guided us for more than 60 years.
Our centers thrive with highly productive grocers, restaurants, service providers, and terrific retailers that connect to their communities and customers. We are also active developers of new shopping centers that feature great merchandising, placemaking, and customer engagement as part of our Fresh Look™ program.
We are a vertically integrated real estate company and a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. Learn more about us at RegencyCenters.com.
Benefits
Our compensation and benefits package is very competitive and includes the following benefits and more. For additional information visit www.regencycenters.com/careers.
Work/Life Balance
- 23 PTO days annually
- 11 paid holidays (in addition to PTO)
- Paid leave programs (parental, compassion, bereavement, jury duty, and military)
- Health Advocacy Employee Assistance Program (EAP)
- Modified in-office hours
- Dedicated remote work days
- 401(k) with a generous company match plus corporate profit sharing
- Anniversary stock grant awards
- Health Savings Account (HSA), Health Care FSA, and Dependent Care FSA
- 100% company paid Life Insurance/AD&D and Disability Insurance
- Voluntary benefits (supplemental life/AD&D, critical illness, accident, hospital indemnity, and identity theft)
- Student loan repayment resources
- Medical, Dental and Vision Insurance
- Award winning and incentives-based wellbeing program through Personify Health
- Family planning, mental health, and pain management programs
- 52 hours per year of paid Volunteer Time Off
- Company gift matching
- Tuition reimbursement
- Continued education opportunities
- LinkedIn Learning premium subscription
- Professional membership support
- Employee Resource Groups
- Regency Centers is an equal opportunity employer. Qualified applicants will receive consideration without regard to age, race, color, religion, sex, gender identity, sexual orientation, disability, national origin, or protected veteran status. Applicants are encouraged to confidentially self-identify as to disability and/or protected veteran status when applying. Employment is contingent upon successful completion of background investigation. Regency Centers is a smoke-free and drug-free workplace. Pre-employment drug screening is required. No recruiters or agencies without a previously signed contract. Only candidates whose profiles closely match requirements will be contacted during this search.