Accountant II (Property Accountant)

Saul Centers, Inc.; Bethesda (MD); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Health/Medical Insurance including?

401(k) with company match

Paid time off

Bonus/Target Incentive

Tuition Reimbursement

Complimentary usage of modern in-house

On-premise full-service dining center

Discounts via the company’s EAP

Monthly Employee Recognition Programs

Referral bonus

Pre-tax transportation options

Job summary

Saul Centers, Inc. is a property management REIT seeking an Accountant II to handle all aspects of property accounting for a diverse portfolio and deliver month-end close deliverables.

The role emphasizes lease abstracts, tenant account monitoring, and collaboration with property teams. A four-year accounting or finance degree is required, with CPA preferred and experience using Yardi and Excel highly desirable.

Qualifications

• Four-year degree in Accounting or Finance is required.
• CPA certification preferred but not required at entry level.
• Yardi software experience is preferred.
• Strong Excel skills required for analysis and reporting.

Responsibilities

• Complete the monthly close and prepare property operating statements.
• Book monthly accruals and explain budget-to-actual variances.
• Prepare reconciliations and supporting schedules for the period end close.
• Prepare tax and operating expense recovery billings and abstract leases into the ledger.
• Collaborate with Collections and Property Management to resolve tenant inquiries.
• Assist with training other accountants and with special projects as needed.

Skills

Analytical skills

Organizational skills

Interpersonal communication

Detail-oriented

Independent worker

Education

Four-year degree in Accounting or Finance

CPA preferred

Tools

Yardi software

Microsoft Excel

Job description

Company Overview

Saul Centers, Inc. is a self-managed, self-administered equity real estate investment trust, formed in 1993. Saul Centers operates and manages a real estate portfolio of 61 community and neighborhood shopping center and office properties totaling approximately 9.8 million square feet of leasable area.

Saul Centers’ primary operating strategy is to continue its program of internal growth, renovations, and expansions of community and neighborhood shopping centers that primarily service the day-to-day necessities and services subsector of the overall retail market.

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.

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~ Consistently going above and beyond to deliver exceptional results and 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.

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 Saul Centers Inc. 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.

Saul Centers, Inc. 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