Property Accountant
Greenwich, CT 
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Posted 17 days ago
Job Description
Property Accountant
321 Railroad Ave, Greenwich, CT 06830, USA Req #418
Wednesday, May 15, 2024

About this Opportunity:

At Regency Centers, we believe our greatest asset is our people, and we believe a talented team from differing backgrounds and experiences makes us better. We are seeking a Property Accountant to join our regional office located in Greenwich, CT. This is a hybrid opportunity with 3 days in the office and 2 days working remotely. The Property Accountant performs, and monitors day-to-day, period-end transactions and month-end close for a regional portfolio of up to 30 commercial real estate properties. Be an accountable member of a cross-functional team and be involved with other functions related to the portfolio, such as Accounts Receivable, Lease Administration, and Fixed Assets accounting. Be a critical partner with internal stakeholders (Property Management, Leasing, Financial Services, Joint Ventures, etc.) providing relevant information and assistance as needed.

What You'll Be Doing:

  • Prepare the month-end financial statements with supporting schedules/spreadsheets for assigned properties within regional portfolio to ensure compliance with GAAP.
  • Prepare tenant reconciliations of tenant escrows (Common Area Maintenance, Insurance and Real Estate Taxes), review and enter tenant recovery set-ups in system, and prepare annual expense participation budgets at assigned properties within regional portfolio.
  • Function as the primary contact with Property Management and Leasing teams for all aspects of A&R. Work in conjunction with Property Accounting Manager to support internal stakeholders (Property Management, Leasing, Joint Ventures, Financial Services, Capital Markets, Development Accounting, Corporate Accounting, Accounts Receivable and Lease Administration) with appropriate accounting data to help achieve Company objectives.
  • Review and reconcile key Balance Sheet and Income Statement accounts including bank reconciliations, re-classes, recurring journal entries etc. as needed based on activity in the portfolio. Perform true ups to accounts in accordance with GAAP, as necessary, including true ups to tenant escrows and submitting tenant manual billings.
  • Assist with the accounting and recording of certain leasing transactions, including calculation of lease commissions, tenant reconciliation set ups, tenant move out reconciliations and percentage rent.
  • On an ad-hoc basis work with other functions in the Accounting & Reporting group (Accounts Receivable, Lease Administration, Fixed Assets, and Development Accounting and Joint Venture Reporting) on certain projects to ensure complete understanding of processes and workflow. Assist with booking special accounting transactions as needed (ex. Acquisitions/dispositions)

Are You Qualified?

  • Required:
    • Bachelor's degree with a concentration in Accounting or closely related discipline
    • Intermediate level proficiency with Microsoft Office Suite
    • Beginner level proficiency with an accounting software
    • Strong quantitative and analytical skills
    • Technical skills require to research accounting treatment for certain transactions
    • Beginner knowledge of Generally Accepted Accounting Principles (GAAP) and related concepts Ability to review legal contracts (leases) to ensure financial impacts are recorded in accordance with GAAP.

  • Preferred:
    • 0-3 years of accounting experience preferred
    • CPA or working towards getting CPA preferred

Personal Traits We Value:

  • Strong attention to detail while completing multiple or repetitive tasks
  • Demonstrates a serious commitment to accuracy and quality while meeting goals or deadlines
  • Priority setting, organization and time-management skills
  • Ability to perform multiple tasks and work in a team environment
  • Customer focus, interpersonal savvy, oral and written communication skills
  • High level of professionalism and integrity. Highly trustworthy and able to handle proprietary financial and transactional information appropriately.
  • High energy level with positive, upbeat attitude and ability to multi-task
  • Strong relationship building skills (among field, tenants and peers)
  • Strong quantitative, analytical and problem-solving skills

A Little Bit About Us:

We own and operate premier shopping centers in suburban neighborhoods in the top cities and markets across the country. We live by a strong set of values, which have guided us for more than 60 years. Our centers thrive with highly productive grocers, restaurants, service providers, and terrific retailers that connect to their communities and customers. We are also active developers of new shopping centers that feature great merchandising, placemaking, and customer engagement as part of our Fresh Look program. We are a vertically integrated real estate company and a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. Learn more about us at RegencyCenters.com.

Benefits:

Our compensation and benefits package is very competitive and includes:

  • 401(k) + Profit Sharing plan with generous company match
  • 3 medical insurance plan options including 1 HSA with prescription drug coverage, telemedicine, Pharmacy Advisor, Medical Expert Option and Hinge Health (MSK)
  • Dental insurance including coverage for adult & children orthodontics
  • Vision insurance
  • Family planning benefit with Frame Fertility
  • Award winning incentive-based wellbeing program
  • Health Care and Dependent Care FSA
  • Paid leave programs (parental, compassion, bereavement, jury duty, and military)
  • Company-paid life/AD&D and disability
  • Voluntary benefits (supplemental life/AD&D, critical illness, accident, hospital indemnity, and identity theft)
  • Anniversary stock grant awards
  • Educational assistance
  • Health Advocacy + Employee Assistance Program (EAP) and Management Assistance Program (MAP)
  • Matching charitable gifts
  • Flexible paid time off
  • Volunteer time off
  • Paid holidays

*Regency Centers is an equal opportunity employer. Qualified applicants will receive consideration without regard to age, race, color, religion, sex, gender identity, sexual orientation, disability, national origin, or protected veteran status. Applicants are encouraged to confidentially self-identify when applying. Employment is contingent upon successful completion of background investigation. Regency Centers is a smoke-free and drug-free workplace. Pre-employment drug screening is required. No recruiters or agencies without a previously signed contract. Only candidates whose profiles closely match requirements will be contacted during this search.

Other details
  • Pay Type Salary
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  • 321 Railroad Ave, Greenwich, CT 06830, USA
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*Regency Centers is an equal opportunity employer. Qualified applicants will receive consideration without regard to age, race, color, religion, sex, gender identity, sexual orientation, disability, national origin, or protected veteran status. Applicants are encouraged to confidentially self-identify when applying. Employment is contingent upon successful completion of background investigation. Regency Centers is a smoke-free workplace. Pre-employment drug screening is required. No recruiters or agencies without a previously signed contract. Only candidates whose profiles closely match requirements will be contacted during this search.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
0 to 3 years
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