Staff Accountant

Brixmor Employment Company LLC; Massachusetts; Hybrid; USD 55,000 - 85,000; Full time

Benefits offered by this job

Hybrid work schedule

Benefits package

Job summary

Brixmor is seeking an accounting professional to support the financial performance of its centers. You will prepare P&L, balance sheet reconciliations, NOI worksheets, and management reporting while ensuring accuracy and timely information for internal customers and external stakeholders.

You'll collaborate with cross-functional teams, manage budgets, forecasts, and variance analysis, and handle tenant billings, CAM, taxes, and insurance coordination.

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.
• Capable of clear lateral thinking with a disciplined approach to documenting and solving problems.

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.
• 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.
• 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.

Skills

Detailed spreadsheet expertise

Strong oral and written communication

Time and project management

Team approach

Attention to detail

Mainframe literacy (user viewpoint)

Education

Accounting/Finance undergraduate degree

Tools

Mainframe literacy

Job description

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 Brixmor’s 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 Brixmor’s 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
• 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
• 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)

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