Staff Accountant

Brixmor Property Group; Conshohocken (Montgomery County); Hybrid; USD 55,000 - 75,000; Full time

Benefits offered by this job

Hybrid work schedule

Job summary

Brixmor Property Group is seeking a Staff Accountant to support the accounting operations for its property assets. You will provide timely, accurate financial information and participate in internal reporting to optimize returns for investors.

The role emphasizes a team approach, attention to detail, and strong communication with internal customers. A hybrid work schedule and competitive pay are offered.

Qualifications

• Undergraduate degree in Accounting/Finance (or closely related field).
• Strong spreadsheet and data-analysis skills.
• Detail-oriented with ability to see the big picture.

Responsibilities

• Assist in accounting for multiple centers, including P&L, balance sheet reconciliations, and recovery calculations.
• Compile monthly management reports with commentary for owners and executives.
• Prepare Net Operating Income worksheets and recovery reconciliation work papers.
• Calculate annual escrow increases and budget recovery expenses per sq ft.
• Support annual budgeting and variance reporting processes.
• Forecast property income/expenses and ensure accuracy of year-to-date figures.
• Ensure compliance with management agreements and retailer leases.
• Coordinate tenant audits and liaise with the Collections Team.

Skills

Team attitude

Detailed spreadsheet

Attention to detail

Mainframe literacy

Time management

Project management

Oral and written communication

Analytical problem solving

Education

Accounting/Finance undergraduate degree

Job description

Staff Accountant

The principal and essential functions will be to assist in the preparation of accurate accounting information on the performance of property assets by providing superior levels of customer service to Brixmors internal customers and optimize returns to its investors. These goals can be achieved via a customer focused, value adding team approach in which internal customers are highly serviced.

In order for Brixmors internal customers to adequately meet and exceed retailer and investor customer expectations, there is an ever-increasing need for:

• The provisions of timely and accurate information and customer service.
• Strong internal reporting procedures.
• A commercial approach to information collection, analysis and presentation.
• Flexibility and a willingness to respond to changing customer needs.

Overall Responsibilities:

• Responsible for the accounting function on all assigned centers including, but not limited to, profit and loss statement preparation, property recovery calculations and balance sheet reconciliations;
• Compilation of financial information for the monthly management reports (including commentary) and additional reports as required under management agreements with external owners or at Executive's request;
• Prepare Net Operating Income worksheets for assigned properties;
• Prepare annual recovery reconciliation work papers for assigned properties;
• Calculate annual escrow increases and budget recovery expense per sq ft;
• Assist in the preparation of annual budgets, ensuring accuracy of calculations and completeness of documents to allow for meaningful and accurate variance reporting in the actual year;
• Assist in the preparation of property forecasts to ensure forecast data accurately reflects the year-to-date position and likely income and expenditure for the remainder of the financial year;
• Ensure continual compliance with Management Agreements with external owners (where applicable) and individual retailer leases;
• Assist with disposition accounting; and
• Act as a liaison with all retailers in relation to Common Area Maintenance (including property tax and insurance) issues and disputes;
• Liaison with Collections Team members to ensure knowledge is transferred and tenant resolutions are appropriately communicated in a timely manner;
• Coordinate, review and resolve tenant audits; and
• Perform monthly % rent / % rent in lieu reconciliations for all tenants with percentage rent clauses and post related charges to tenant accounts.
• Collaboratively prepare and review all tenant billings.
• Other ad hoc requests from owners and management as required.

Qualifications:

• An Accounting/Finance undergraduate degree;
• Recent college grads encouraged to apply;
• Team approach with positive attitude;
• Detailed spreadsheet expertise;
• Attention to detail as well as ability to see the big picture;
• Mainframe computer literacy from user viewpoint;
• Sound time and project management skills;
• Strong oral and written communication skills; and
• Capable of clear lateral thinking with a disciplined approach to documenting and solving problems.

Brixmor offers a hybrid work schedule (first three days of the week in the office, the balance remote optional), very competitive pay commensurate with background and responsibilities plus a benefits and perks package that supports career engagement, growth, good health and connection with teammates and our communities.

EOE (Brixmor is an Equal Opportunity Employer)

Brixmor's Privacy Policy: https://www.brixmor.com/terms-and-policies/applicant-notice

Equal employment opportunity, including veterans and individuals with disabilities.

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