Accountant II

B. F. Saul Company; Bethesda (MD); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health/Medical Insurance including 401

401(k) with company match

Paid time off

Bonus/Target Incentive

Tuition Reimbursement

Fitness center discounts

Dining center discounts

Employee Recognition Programs

Referral bonus

Pre-tax transportation options

Job summary

B. F. Saul Company is seeking an Accountant II to manage all aspects of property accounting for a diverse portfolio, including Office, Industrial and Residential properties.

The role covers month-end close, tenant accounts, and related technical accounting tasks within a private real estate organization. Responsibilities include preparing operating statements, reconciling accounts, and supporting regulatory filings.

Qualifications

• Four-year degree in Accounting or Finance required.
• CPA preferred.
• 2-5 years training as an Accountant, real estate experience preferred.
• Intermediate Microsoft Excel spreadsheet skills.

Responsibilities

• Complete the monthly close, prepare property operating statements, book monthly accruals and provide explanations for budget to actual variances.
• Prepare monthly account reconciliations and supporting schedules.
• Research inquiries from senior management during the monthly and quarterly closes.
• Prepare tax and operating expense recovery billings.
• Abstract lease documents into the accounting ledger.
• Review and post monthly fixed charges.
• Support the financial reporting process through preparation of schedules and reconciliations used in the preparation of various financial statements and regulatory filings.
• Collaborate with Collections and Property Management departments to provide information and resolve tenant inquiries.
• Collaborate with Lease Analysts to review and monitor property accounts receivable and correspond with tenants regarding outstanding balances.
• Assist with the training of other accountants.
• Assist with special projects or assignments, as necessary.

Skills

CPA preferred

Yardi software experience

Advanced Excel

Strong analytical skills

Strong organizational skills

Interpersonal communication

Attention to detail

Ability to work independently

Education

Four-year degree in Accounting or Finance

Tools

Yardi

Job description

Company Overview:

Founded in 1892, B. F. Saul Company has been one of the most successful privately-owned real estate companies in the United States. Our growth has been the results of a commitment to exacting standards and the belief that knowledge of the marketplace, when paired with the ability to commit to substantial resources, will bring exceptional rewards. B. F. Saul Company has a variety of skilled professionals within the following operating divisions, Property Management, Leasing, Hospitality Group, Residential, Insurance, Construction & Development. The B. F. Saul Company concentrates on ownership, development, and construction of commercial real estate.

Position Summary of the Accountant II:

The Accountant II will be responsible for all aspects of property accounting for a complex portfolio of properties, preparing lease abstracts, preparing deliverables for the month end close, monitoring tenant accounts, managing tenant relationships and additional technical accounting tasks as necessary. This role includes responsibilities for all of the organizations’ Office and Industrial properties and all Residential properties, regardless of ownership entity.

Summary of Competitive Benefits & Perks:

• Health/Medical Insurance including Dental and Vision
• 401(k) with company match
• Paid time off
• Bonus/Target Incentive
• Tuition Reimbursement
• Complimentary usage of modern in-house fitness center
• On-premise full-service dining center discounts
• Discounts via the company’s EAP
• Monthly Employee Recognition Programs
• Referral bonus
• Pre-tax transportation options
• Plus more!

Company Core Values:

• Excellence: Demonstrates a commitment to continuous improvement, innovation, and achieving the highest possible standards for performance
• Ethics: Demonstrates a commitment to integrity, peer respect, and fairness. Continuously demonstrates a strong work ethic by exhibiting an indisputable drive to get the job done
• Results: The product of consistently going above and beyond to deliver exceptional value for the team and the organization

Duties & Responsibilities of the Accountant II:

• Complete the monthly close, prepare property operating statements, book monthly accruals and provide explanations for budget to actual variances
• Prepare monthly account reconciliations and supporting schedules
• Research inquiries from senior management during the monthly and quarterly closes
• Prepare tax and operating expense recovery billings
• Abstract lease documents into the accounting ledger
• Review and post monthly fixed charges
• Support the financial reporting process through preparation of schedules and reconciliations used in the preparation of various financial statements and regulatory filings, which may include compilation of support used to tie out the values presented in these filings
• Collaborate with Collections and Property Management departments to provide information and resolve tenant inquiries
• Collaborate with Lease Analysts to review and monitor property accounts receivable and correspond with tenants regarding outstanding balances
• Assist with the training of other accountants
• Assist with special projects or assignments, as necessary

Job Requirements (Skills/Abilities) of the Accountant II:

• Four-year degree in Accounting or Finance
• CPA preferred
• 2-5 years training as an Accountant, real estate experience preferred
• Yardi software experience preferred
• Intermediate Microsoft Excel spreadsheet skills.
• Strong analytical skills
• Strong organizational skills
• Punctual, dependable, and reliable.
• Strong interpersonal communication skills and ability to handle sensitive and confidential information. The position continually requires poise, tact, and diplomacy.
• Ability to deal effectively and tactfully with a wide variety of individuals in person, via telephone and in writing.
• Ability to work in a positive and cooperative manner with fellow team members.
• Strong attention to detail in composing, typing and proofing materials, and abstracting lease data
• Ability to work independently in a fast-paced environment with demonstrated ability to establish priorities and manage multiple competing tasks, demands, and deadlines

Core Job Competencies:

• Attention to Detail: Taking responsibility for a thorough and detailed method of working
• Accountability: Accepting responsibility that results in anticipation/prevention of problem areas from actions, and problem solving inside and outside the department/organization
• Adaptability: Maintaining effectiveness in reaching set goals by adapting to changed circumstances, tasks, responsibilities, and people
• Reliability: Consistently good in quality and performance; ability to be trusted and depended on in one’s job

The actual base pay offered is determined by several variables, including, as appropriate, the applicant's qualifications for the position, years of relevant experience, distinctive skills, level of education attained, certifications or other professional licenses held. Base pay is one component of B. F. Saul Company & Affiliates total compensation package, which also includes access to or eligibility for healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, bonus plans and more.

B. F. Saul Company is proud to be an equal opportunity workplace. We foster an environment that recognizes employees’ unique skillsets and ensure that all employees have an equal opportunity to grow and advance.

If you are a candidate in need of assistance or an accommodation in the application process, please contact [e-mail] or 301-986-6000.

Equal Opportunity Employer/Veterans/Disabled