Senior Accountant
Colonial Parking Inc
Job Description
Job Description
SENIOR ACCOUNTANT
Location: Washington, DC
Employment Status: Full-Time
Work Arrangement: Hybrid; at least three days per week in the office
About Colonial Parking, Inc.
Colonial Parking, Inc. is a local, family-owned leading parking and mobility services provider serving the Washington, D.C., Maryland, and Virginia region. With more than 300 parking facilities under management, we have built our reputation by delivering dependable service, operational excellence, and innovative parking solutions.
Our success is driven by employees who take pride in their work, collaborate across departments, and look for better ways to serve our customers and communities. At Colonial Parking, team members have the opportunity to contribute to a well-established organization while developing their skills in a supportive, professional environment.
We are looking for motivated individuals who value teamwork, accountability, and continuous improvement. Join us and become part of a company where your contributions are recognized and your work makes a meaningful impact.
Position Summary
The Senior Accountant is responsible for the timely and accurate accumulation, analysis, and reporting of company financial information and for providing company management with financial information in standard and requested formats. This position performs complex accounting functions under limited supervision and supports the accuracy, integrity, and completeness of financial reporting across company ledgers.
The Senior Accountant applies strong analytical judgment, interprets contractual and accounting requirements, researches and resolves complex account matters, and serves as a resource to management and operational teams. The position is also expected to coach, mentor, and support the development of Staff Accountants and Accounting Specialists. Performance is reviewed annually by the direct supervisor against company expectations and agreed-upon job-related performance goals.
Essential Duties and Responsibilities
Accounting & Financial Reporting
- Enter, review, and verify journal entries across company ledgers.
- Verify financial information and ensure its accuracy, completeness, and appropriate supporting documentation with strong attention to detail.
- Calculate management fees and amounts owed to and/or due from property owners in accordance with contractual agreements.
Account Reconciliation & Financial Analysis
- Reconcile bank and general ledger accounts and ensure reconciling items are researched and resolved timely.
- Research complex variables, make recommendations, and exercise sound judgment when executing accounting resolutions.
- Analyze financial information and identify, research, and clearly explain account variances.
- Use analytical judgment to identify accounting errors and determine corrective actions aligned with generally accepted accounting principles (GAAP).
GAAP, Contract & Lease Interpretation
- Interpret complex lease agreements and applicable GAAP/FASB requirements when determining amounts owed to landlords and other parties.
- Apply contractual terms and accounting guidance consistently when preparing, reviewing, and resolving financial transactions and reporting matters.
Management & Operational Support
- Respond to management and operational questions regarding financial reporting and provide clear explanations of accounting results and variances.
- Support special financial analyses, reporting requests, and accounting projects as assigned by the Director or Accounting Supervisors.
Staff Development & Leadership
- Demonstrate the willingness, ability, and leadership skills to coach, mentor, and develop Staff Accountants and Accounting Specialists.
- Provide guidance on accounting procedures, problem resolution, financial analysis, and quality standards to support consistent department performance.
Minimum Qualifications
- Bachelor's degree in Accounting or Finance.
- Five to seven years of progressive accounting experience.
- Established proficiency with Microsoft Office products, including Word, Excel, PowerPoint, and Outlook.
- Experience with financial software systems, such as Microsoft Dynamics Great Plains or comparable ERP/accounting platforms.
- Excellent oral communication, formal presentation, written communication, and comprehension skills.
Preferred Qualifications
- Bachelor's degree in Accounting or Finance.
- Three to five years of progressive accounting experience.
- Established proficiency with Microsoft Office products, including Word, Excel, PowerPoint, and Outlook, and experience with financial software systems such as Microsoft Dynamics Great Plains or comparable platforms.
- Excellent oral communication, including formal presentations, written communication, and comprehension skills.
What's in It for You? Benefits and Perks
Colonial Parking, Inc. offers a competitive benefits package designed to support the health, financial well-being, professional development, and work-life balance of our employees.
Eligibility for specific benefits is based on full-time or part-time employment status and the terms of the applicable benefit plans.
- Affordable medical and dental coverage
- Employer-paid short-term disability insurance
- Employer-paid group life and accidental death and dismemberment insurance
- Vacation and sick leave
- Eight paid holidays
- 401(k) eligibility after six months, with an employer contribution
- Education reimbursement
- Employee recognition programs
- Complimentary parking at your assigned work location
- DailyPay access, allowing eligible employees greater flexibility in accessing earned wages
Physical Demands and Working Conditions
The physical demands and work environment described below are representative of those that an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be provided to enable qualified individuals with disabilities to perform the essential job functions.
Physical Demands
While performing the duties of this position, the employee may be required to:
- Stand, walk, and sit for varying periods of time.
- Use office equipment, tools, and controls.
- Type, write, reach with hands and arms, speak, and hear.
Work Environment
This position is primarily performed in a professional office environment. The employee may occasionally be exposed to outdoor weather conditions while traveling to or between company locations. The noise level in the work environment may range from minimal to moderate.
Internal Contacts
This position will have regular contact with Operations Managers, Accounting Department personnel, department leaders, senior management, and other internal stakeholders regarding financial reporting, account analysis, and related accounting matters.
External Contacts
This position will have regular contact with customers, clients, property representatives, vendors, and other external business contacts as necessary to perform assigned accounting responsibilities.
Compensation
Actual compensation will be determined based on factors such as the selected candidate's progressive accounting experience, education, technical skills, GAAP knowledge, system proficiency, leadership capabilities, qualifications, and other job-related considerations.
Equal Employment Opportunity
Colonial Parking, Inc. is an equal opportunity employer. Employment decisions are made without regard to any status protected by applicable federal, state, or local law. Qualified individuals with disabilities may request reasonable accommodations during the application or interview process.
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