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.
Job Purpose/Summary of the Accounting Manager I:
Manages the accounts payable and accounts receivable functions of the company, supervising three direct reports. Reviews the property operating statements, monthly rent rolls and reviews the work of senior accountants. Assists Controller and Assistant Controller as needed and complies with established Operating Policies and Procedures.
Job Purpose/Summary of the Accounting Manager I:Manages the accounts payable and accounts receivable functions of the company, supervising three direct reports. Reviews the property operating statements, monthly rent rolls and reviews the work of senior accountants. Assists Controller and Assistant Controller as needed and complies with established Operating Policies and Procedures.
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!
Essential Job Functions of the Accounting Manager I:
Manage the Accounts Payable Specialist, Accounts Receivable Specialist, and Property Administrator positions.
Manage the Accounts Payable function:
Ensure compliance with Saul Centers’ internal controls over accounts payable, including proper account coding and approvals.
Ensure timely and accurate payments.
Coordinate with internal treasury function and banks on positive pay and electronic payments.
Manage the Accounts Receivable function:
Ensure effective and timely communication with tenants.
Review tenant accounts receivable reports and ensure timely and accurate application of tenant payments.
Work with Controller to identify and implement improvements, especially with respect to the processing of electronic payments.
Review monthly property operating statements:
Review tax recovery and operating expense recovery accruals.
Review utility expenses and recoveries.
Review supporting monthly schedules for accuracy and completeness and agreement with the general ledger.
Help lead department operations:
Provide guidance and feedback to property accountants and lease analysts to ensure timely and accurate completion of daily responsibilities.
Train property accountants to ensure cross training on all functions.
Execute on the department’s priorities through daily interaction, staff meetings, coaching and counseling.
Build and maintain effective relationships with the accounting staff and with colleagues across the organization.
Review year end expense recovery billings to tenants, ensuring that they are completed both accurately and timely.
Backup the lease abstract and rent roll processes.
Document all activities appropriately to ensure compliance with Sarbanes-Oxley and an effective and successful audit.
Special projects as directed by Controller and/or Assistant Controller.
Required Skills and Abilities of the Accounting Manager I:
Real estate and accounts payable accounting experience preferred
Strong communication skills
Able to meet multiple priorities and deadlines
Attention to detail
Strong Excel skills
Analytical and energetic with a “Can Do” attitude.
Required Education / Experience of the Accounting Manager I:
5 to 7 years of relevant accounting experience
Prior public accounting experience preferred
Prior supervisory experience preferred
Working knowledge of applicable accounting standards
Bachelor’s Degree in Accounting
CPA preferred
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 [email protected] or 301-986-6000.
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