Senior Accountant

Federal Realty Investment Trust; Bethesda (MD); On-site; USD 85,000 - 100,000; Full time

Job summary

A leading real estate investment firm is seeking an experienced Senior Accountant to join their Corporate Accounting team in North Bethesda, Maryland. The role includes responsibilities like reconciling debt transactions, supporting SEC reporting, and preparing financial analyses. Ideal candidates should have a Bachelor's in Accounting with 2-4 years' experience, preferably in commercial real estate, possessing strong analytical skills and proficiency in Excel. A competitive salary and bonus structure is offered, along with opportunities for growth.

Qualifications

• 2-4 years’ corporate or public accounting experience, commercial real estate experience preferred.
• Solid understanding of financial statements.
• High degree of confidentiality.
• Ability to manage multiple tasks effectively.

Responsibilities

• Reconciles debt and equity transactions.
• Supports SEC reporting, prepares financial analyses.
• Acts as the primary contact with lenders for transactions.
• Prepares various analyses for internal financial reporting.

Skills

Analytical skills

Detail-oriented

Proficient in Excel

Communication skills

Problem-solving skills

Education

Bachelor’s or Master’s Degree in Accounting

CPA preferred

Tools

JDE

Workiva

Job description

Federal Realty Investment Trust is a proven leader in the ownership, operation, development and redevelopment of premium retail real estate in the country's best markets. We consider ourselves one of the most innovative and dynamic real estate companies one can work with. Interested candidates who research Federal Realty learn about our high quality community shopping center and mixed use property portfolio. Federal Realty’s well-respected real estate investment and management team delivers a significant combination of modest and large, value-add investments that can make working at Federal rewarding. While Federal Realty is one of the largest publicly traded real estate investment trusts in the country, as measured by the value of our assets, we're functionally a small company by most standards and we operate that way. Team members with initiative and proven ability get involved in many facets of executing Federal’s business plan. We encourage you to look us up on LinkedIn and follow Federal Realty Investment Trust.

We’re seeking an experienced Senior Accountant to join our Corporate Accounting team at our North Bethesda, Maryland headquarters. This role is responsible for reconciling debt and equity transactions, supporting SEC reporting, preparing financial analyses and partner distributions, and ensuring accurate period-end reporting. The ideal candidate is detail-oriented, analytical, highly proficient in Excel, and comfortable working in a fast-paced environment while managing multiple priorities and meeting tight deadlines.

Responsibilities

• Tracks and reconciles debt transactions related to the company’s mortgage notes payable, notes payable, senior notes, line of credit and term loan. This encompasses analyzing debt balances and interest expense, including reconciling prepaid interest, accrued interest, and debt issue costs on a monthly and quarterly basis.
• Acts as the primary contact with lenders for all debt related transactions.
• Prepares quarterly distribution calculations for shopping centers that are owned with outside partners.
• Prepares corporate quarterly and annual debt covenant calculations and prepares/tracks covenant compliance for all mortgages.
• Assists with SEC reporting including financial statement and footnote preparation and XBRL tagging and review.
• Prepares various analyses for internal financial reporting.
• Performs account reconciliations for various accounts
• Record equity transactions including stock issuance and dividends payable
• Responsible for communication and coordination of restricted stock vestings and option exercises with legal, payroll, transfer agent, employee and/or broker.
• Accumulates and analyzes G&A expense accruals and reaccruals from several parties and determines necessary entries needed to record expenses in the correct period
• Reviews operating leases for any amendments to term or payment amounts, calculates amortization
• Performs various other G&A duties, such as prepaid expense tracking, department coding reclasses
• Analyzes the report for subsequent month payments to determine if any unrecorded liabilities need to be recorded in the correct period and acts as the main contact for any follow-up communication needed
• Performs specific projects, as requested.

Qualifications

• Bachelor’s or Master’s Degree in Accounting; CPA preferred
• 2-4 years’ corporate or public accounting experience, commercial real estate experience preferred
• Demonstrated strong analytical and problem-solving skills
• Solid understanding of financial statements
• Excellent interpersonal, verbal and written communication skills with a history of establishing and maintaining effective working relationships in a team environment
• Exceptional attention to detail with excellent organizational skills
• Proven ability to effectively manage multiple tasks
• Demonstrated self-starter with ability to work independently in a fast-paced environment with tight deadlines
• High degree of confidentiality
• Ability to understand technical forms and financial reports
• Ability to demonstrate high intermediate Excel skills; experience with JDE and Workiva a plus

Salary Range: The typical base pay range is $85,000-$100,000 per year plus bonus. To ensure a fair and competitive offer, we take into account your job-related skills, experience, relevant education, certifications, and/or training.

Federal Realty Investment Trust is an Equal Opportunity / Affirmative Action employer. Federal values a diverse workforce and is committed to providing equal employment and advancement opportunities to all employees and applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, gender identity or expression, genetics, or protected Veteran status.

Federal Realty Investment Trust does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Federal Realty Investment Trust and Federal Realty Investment Trust will not be obligated to pay a placement fee.

If you are unable to submit your application online, please call 301-998-8100.