Vice President, Controller

B.F. Saul Company; Bethesda (MD); On-site; USD 280,000 - 325,000; Full time

Benefits offered by this job

Health insurance

Dental & Vision

401(k) match

Paid time off

Bonus incentive

Tuition reimbursement

Fitness center access

Dining center discounts

Employee discounts

Referral bonus

Pre-tax transportation

Job summary

Saul Centers, Inc. seeks a Vice President, Controller to lead the accounting function, ensuring accurate financial reporting and compliance with US GAAP. The role guides staff, supports management and tenants, and oversees monthly to annual disclosures and footnotes.

The candidate will drive process improvements, manage cash flow forecasting, and remain current on evolving accounting standards while maintaining strong internal controls.

Qualifications

• Bachelor's Degree in Accounting is required.
• CPA certification is required.
• 10 to 15 years of relevant accounting experience.
• 5 years of public accounting experience.
• 5 years of managerial experience.
• Strong knowledge of US GAAP and SEC reporting requirements.

Responsibilities

• Manage, mentor, train and develop the accounting staff.
• Provide accounting support to management and billing support for tenants.
• Analyze monthly property operating statements and explain variances with management.
• Ensure monthly, quarterly and annual financial reports comply with US GAAP.
• Review monthly cash flow forecasts for management reporting.
• Improve processes and efficiency through automation and better procedures.
• Stay current on changes in US GAAP and assess impact on the company.
• Review accounts receivable and assess the provision for doubtful accounts.

Skills

Strong communication

Leadership

Mentoring & training

Analytical ability

Financial acumen

Integrity

Team collaboration

Organized

Education

Bachelor's Degree in Accounting

CPA

Job description

Company Overview:

Saul Centers, Inc. is a self-managed, self-administered equity real estate investment trust, formed in 1993. Saul Centers operates and manages a real estate portfolio of 61 community and neighborhood shopping center and office properties totaling approximately 9.8 million square feet of leasable area.

Saul Centers’ primary operating strategy is to continue its program of internal growth, renovations, and expansions of community and neighborhood shopping centers that primarily service the day-to-day necessities and services subsector of the overall retail market.

Position Summary

The Vice President, Controller will be responsible for all aspects of financial accounting and financial reporting including the preparation of monthly financial statements and Forms 10-Q and 10-K and related disclosures and footnotes. The successful candidate will ensure compliance with policies and procedures including key controls over financial reporting.

Summary of Competitive Benefits & Perks:

• Health/Medical Insurance including Dental and Vision
• 401(k) with company match
• Paid time off
• Bonus/Target Incentive
• Tuition Reimbursement
• Complimentary usage of modern in-house fitness center
• On-premise full-service dining center discounts
• Discounts via the company’s EAP
• Monthly Employee Recognition Programs
• Referral bonus
• Pre-tax transportation options
• Plus more!

Company Core Values:

• Excellence: Demonstrates a commitment to continuous improvement, innovation, and achieving the highest possible standards for performance.
• Ethics: Demonstrates a commitment to integrity, peer respect, and fairness. Continuously demonstrates a strong work ethic by exhibiting an indisputable drive to get the job done.
• Results: Consistently going above and beyond to deliver exceptional results and value for the team and the organization.

Duties & Responsibilities:

• Manage, mentor, train and develop the accounting staff
• Provide accounting support to the management team and billing support for tenants
• Analyze monthly property operating statements and work with property management to identify and explain causes of variances
• Ensure all monthly, quarterly and annual financial reports are prepared in conformance with US GAAP and are consistent from period to period
• Review monthly cash flow forecasts prepared for monthly management reporting
• Continuously improve through automation, improved processes and efficient procedures the accuracy, efficiency and timeliness of information provided to stakeholders
• Remain current on new and evolving changes in US GAAP and analyze the impact of those changes on the Company
• Review accounts receivable and ensure that the level of the provision for doubtful accounts is reasonable

Selection Criteria Job Requirements (Skills/Abilities):

• Strong communication skills (written and oral), self-confidence and ability to evaluate and articulate decisions in a concise, coherent fashion
• Demonstrated ability to train, mentor and develop staff with superior leadership and managerial skills
• Strong leadership with the ability to work well with external constituents and internal employees from different function areas
• Entrepreneurial and an outside the box mindset
• Strong level of financial acumen and high level of analytical ability
• Demonstrated integrity and the ability to communicate a clear set of values and high standards
• Proactive, collaborative and a team-oriented professional
• Results-oriented, deadline-driven and a commitment to excellence
• Organized, level-headed, and fact-based

Experience:

• 10 to 15 years of relevant accounting experience
• 5 years of public accounting experience
• 5 years of managerial experience
• Strong knowledge of applicable accounting standards, financial statement preparation and SEC reporting requirements

Education / Licenses / Certifications:

• Bachelor’s Degree in Accounting
• CPA required

$280,000 - $325,000 a year

The actual base pay offered is determined by several variables, including, as appropriate, the applicant's qualifications for the position, years of relevant experience, distinctive skills, level of education attained, certifications or other professional licenses held. Base pay is one component of Saul Centers Inc. total compensation package, which also includes access to or eligibility for healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, bonus plans and more.

Saul Centers, Inc. is proud to be an equal opportunity workplace. We foster an environment that recognizes employees’ unique skillsets and ensure that all employees have an equal opportunity to grow and advance.

If you are a candidate in need of assistance or an accommodation in the application process, please contact [e-mail] or 301-986-6000.

Equal Opportunity Employer/Veterans/Disabled