Property Accountant

SITE Centers Corp.; Beachwood (OH); Hybrid; USD 60,000 - 75,000; Full time

Job summary

SITE Centers Corp. in Beachwood, OH is seeking a Property Accountant to manage financial data for retail properties. This role involves preparing budgets, analyzing financial statements, and ensuring general ledger accuracy.

The ideal candidate will have a Bachelor’s degree in accounting and experience in accounting or real estate. This position offers a hybrid work schedule, with onsite presence required a few days a week, and a salary range of $60,000 to $75,000.

Qualifications

• Bachelor's degree in accounting required.
• Experience in accounting or real estate accounting preferred.
• Proficiency with real estate software and Microsoft programs is essential.

Responsibilities

• Investigate, verify and reconcile general ledger accounts.
• Monitor property activity including openings and closings.
• Ensure accounting processes follow established guidelines.
• Participate in annual budget preparation by analyzing trends.
• Prepare and analyze monthly variance reports.
• Review property activity and re-forecast financial statements.

Skills

General ledger reconciliation

Accounting experience

Real estate accounting

Proficiency with MRI software

Microsoft Excel

Education

Bachelor’s degree in accounting

Job description

The Property Reporting team at SITE Centers is looking for a Property Accountant in Beachwood, OH to account for actual, reforecast and budget data for assigned retail properties. This includes monitoring property activity and analyzing general ledger accounts on assigned property trial balances with subledgers and support schedules. In addition, you will prepare the property’s annual budget, analyze monthly variance reports, and re-forecast financial statements. To thrive in this role, an Accountant must have a Bachelor’s degree in accounting, experience in accounting or real estate accounting, and proficiency with real estate software, MRI, Microsoft Excel and related Microsoft programs.

This position works a hybrid schedule in the Beachwood, OH corporate office 3 days a week (Tuesday and Wednesday required), and the option to work from home up to 2 days a week. During the initial 90-day onboarding period, we might encourage being onsite more than 3 days so you can get successfully oriented and trained in your new role.

The expected salary range for this salaried exempt position is between $60,000-$75,000. Actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job‑related skills, internal peer equity, geographical and industry market data, and business considerations and other factors permitted by law.

To be successful in this role, you will need to:

• Investigate, verify and reconcile all general ledger accounts on assigned property trial balances with subledgers and/or appropriate support schedules
• Monitor property activity, including store openings and closings; tenants relocation/remodels
• Coordinate accounting processing ensuring detail is accounted for in accordance with established guidelines. Research performance issues or unreasonable discrepancies and notify appropriate departments
• Participate in the annual budget preparation process by analyzing trends and projecting figures for assigned properties
• Prepare and analyze monthly variance reports to show actual/reforecast results versus budgeted amounts for management review
• Review property activity and financial statements and prepare re‑forecasted financial statements