Property Accountant
$60k - $75kDDR Corp
Property Accountant
The Property Reporting team at SITE Centers is looking for a Property Accountant in Beachwood, OH to account for actual, reforecast and budget data for assigned retail properties. This includes monitoring property activity and analyzing general ledger accounts on assigned property trial balances with subledgers and support schedules. In addition, you will prepare the property's annual budget, analyze monthly variance reports, and re-forecast financial statements. To thrive in this role, an Accountant must have a Bachelor's degree in accounting, experience in accounting or real estate accounting, and proficiency with real estate software, MRI, Microsoft Excel and related Microsoft programs.
This position works a hybrid schedule in the Beachwood, OH corporate office 3 days a week (Tuesday and Wednesday required), and the option to work from home up to 2 days a week. During the initial 90-day onboarding period, we might encourage being onsite more than 3 days so you can get successfully oriented and trained in your new role.
The expected salary range for this salaried exempt position is between $60,000-$75,000. Actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, geographical and industry market data, and business considerations and other factors permitted by law.
To be successful in this role, you will need to:
- Investigate, verify and reconcile all general ledger accounts on assigned property trial balances with subledgers and/or appropriate support schedules
- Monitor property activity, including store openings and closings; tenants relocation/remodels
- Coordinate accounting processing ensuring detail is accounted for in accordance with established guidelines. Research performance issues or unreasonable discrepancies and notify appropriate departments
- Participate in the annual budget preparation process by analyzing trends and projecting figures for assigned properties
- Prepare and analyze monthly variance reports to show actual/reforecast results versus budgeted amounts for management review
- Review property activity and financial statements and prepare re-forecasted financial statements
SITE Centers is an owner and manager of retail real estate, with a premier portfolio of open-air shopping centers located in the most desirable locations across the United States. Headquartered outside of Cleveland in Beachwood, Ohio, we are a self-managed and self-administered REIT, publicly traded on the New York Stock Exchange under the ticker: SITC. We employ approximately 160 employees, with 130 hybrid workers in our corporate office, and the remainder of our staff based remotely across the country, including regional offices in New York City and Atlanta, Georgia.
SITE Centers is uniquely positioned within the industry, operating with the institutional foundation and corporate benefits program of a much larger company, yet with an employee count that allows us to embrace our creative, entrepreneurial spirit. This distinct combination allows us to foster a cohesive, cross-functional team that brings a diverse array of experiences and worldviews to our organization. We pride ourselves on fostering an inclusive work culture that is centered on valuing Fearlessness, Authenticity, Curiosity and Thoughtfulness. Collectively, these core values make up our Matters of FACT, the guiding principles that drive our day-to-day operations and reflect the code and behaviors that exist in our passionate, hardworking and dedicated team members.
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