Transactions and Technical Accoutant

Phillips Edison & Company LTD; Cincinnati (OH); On-site; USD 80,000 - 110,000; Full time

Job summary

Phillips Edison & Company, Inc. is seeking a Real Estate Accountant to coordinate and account for on- and off-boarding of acquired and disposed properties. You will perform complex analysis, review purchase price allocations, and support impairment evaluations within a high-visibility accounting team.

The role requires strong analytical skills, proficiency in Microsoft Office, and experience with MRI. CPA is preferred, and the position offers collaboration with operating departments nationwide.

Qualifications

• Bachelor’s Degree in Accounting or related field required.
• CPA or working towards CPA preferred.
• Strong Excel and Word proficiency; MRI experience and AI tool familiarity preferred.

Responsibilities

• Perform initial and subsequent accounting for properties including accruals and reconciliations.
• Interpret and execute purchase and sale agreements with post-close proration calculations.
• Prepare common area maintenance and tax reconciliations for transacted properties.
• Review purchase price allocations for reasonableness and accuracy.
• Assist with quarterly and year-end reporting and audit requests.

Skills

Analytical skills

Excel

Word

MRI

AI tools

Education

Bachelor’s Degree in Accounting or related field

CPA or working towards CPA designation

Tools

MRI

Microsoft Copilot

Microsoft Office

Job description

Position Summary

This position will be responsible for the coordination and accounting of activities related to the on- and off-boarding of newly acquired and disposed real estate assets. Additionally, this position participates in technical accounting related analysis, purchase price allocation valuations and impairment evaluation. This position offers high visibility within the accounting department along with various teams within the operating departments.

Essential Duties and Responsibilities

• Perform initial and subsequent accounting for newly acquired or disposed properties, including monitoring for month-end accruals, account reconciliations, and reviewing financial statements for completeness and accuracy in accordance with company accounting policy and procedures.
• Interpretation and execution of purchase and sale agreements, including the calculation of post-close proration true-ups on payables and receivables and settlements with counterparties.
• Prepare common area maintenance and tax reconciliations for transacted properties.
• Review purchase price allocation valuations prepared by third-party on newly acquired properties for reasonableness and accuracy.
• Respond to various urgent requests from internal business partners related to a property disposition or acquisition.
• Aid with asset impairment evaluations.
• Participate in other technical accounting analysis.
• Respond to various quarterly and year-end financial reporting and audit requests.
• Understand the risks of responsible business activities and maintain the related control effectiveness.
• Assist with other projects as needed.

Education / Experience Requirements

• Bachelor’s Degree in Accounting or related field required.
• CPA or working towards a CPA designation is preferred.
• Excellent analytical and technical skills, including proficiency in Microsoft Office (Excel, Word); experience with MRI and familiarity with AI tools (e.g., Microsoft Copilot) preferred.
• Excellent communication and organization skills required.
• Meticulous attention to details and accuracy.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Phillips Edison & Company, Inc. (PECO) is one of the nation’s largest owners and operators of grocery-anchored shopping centers. Our diversified portfolio of well-occupied neighborhood shopping centers features a mix of national and regional retailers selling necessity-based goods and services in strong demographic markets throughout the United States. For 35 years our fully integrated operating platform of talented in-house professionals has provided hands-on, locally smart management, leasing and acquisition services. Designed to support the businesses operating at each center (who we call Neighbors), our goal is to provide the most effective array of goods and services to local consumers and offer a safe and welcoming shopping experience that contributes to, and enhances, the vitality of each neighborhood.