Staff Accountant

Bluewater Marinas is a growing real estate investment firm specializing in the acquisition and management of high quality marinas. Bluewater is seeking a highly motivated and detail-oriented Staff Accountant to manage the monthly accounting process and reporting over multiple marinas within its portfolio. This role will be primarily responsible for day-to-day accounting, financial reporting, maintenance of the general ledger, and ad hoc reporting as required. This position will play a crucial role in supporting our expanding platform and will have a great opportunity to grow vertically within, as the portfolio scales.

The ideal candidate will have a strong accounting background, experience with various accounting software, and the ability to manage multiple projects in a fast-paced, dynamic environment. The Staff Accountant will take full financial ownership over marinas and will act as a Controller for those respective properties. This position provides invaluable experience as every financial aspect of the property will flow through the Staff Accountant.

Key Responsibilities

1. Financial Reporting

• Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
• Ensure compliance with accounting standards (GAAP) and company policies.
• Provide financial analysis and reporting to senior management.

2. Daily Accounting Operations

• Oversee daily accounting activities such as accounts payable, accounts receivable, general ledger journal entries, and reconciliations.
• Ensure that financial transactions are accurately recorded and processed efficiently.

3. General Ledger & Profit/Loss Variance Analysis

• Review the general ledger monthly for each assigned marina to confirm transactions are properly coded, complete, and recorded in the correct period.
• Prepare monthly budget-to-actual and period-over-period profit and loss variance analysis, identifying and explaining significant fluctuations in revenue (e.g., slip rentals, fuel, service, ship store) and operating expenses.
• Investigate unusual balances or trends, propose correcting entries, and summarize key variance drivers for the Senior Accountant and Controller.

4. Marina General Manager Communication

• Serve as the primary accounting point of contact for marina General Managers, maintaining close and ongoing communication throughout each month.
• Obtain timely supporting documentation, invoice approvals, accrual information, and operational data needed to complete accurate monthly financials.
• Resolve discrepancies with on-site teams prior to month-end close and help reinforce consistent coding and reporting procedures across properties.

5. Cost Tracking

• Monitor and track all marina expenses, ensuring proper allocation and cost efficiency.
• Provide insights and reports to assist budgeting and forecasting strategies.

6. Audit Coordination

• Prepare necessary documentation and provide support to auditors.
• Ensure timely completion of audits and compliance with audit recommendations.

7. Process Improvement

• Identify and develop process improvements.
• Maximize the full potential of Sage Intacct (corporate accounting software) and the various other marina management platforms utilized.

Qualifications

• Bachelor’s degree in Accounting or a related field
• 1+ years of accounting experience; real estate preferred (marina industry highly preferred)
• Understanding of US GAAP accounting standards
• Strong knowledge of accounting software platforms and financial reporting systems
• Excellent communication and interpersonal skills
• High attention to detail and a proactive approach to problem-solving
• Ability to manage multiple projects simultaneously and meet deadlines

Compensation

Compensation will be determined based on the candidate’s experience and qualifications. Bluewater Marinas offers a competitive salary and benefits package, including opportunities for growth within the company.

Why BlueWater Marinas, LLC?

At Bluewater Marinas, we are dedicated to building a top-tier marina portfolio by maintaining financial integrity and operational excellence. Join us to help build a talented team and contribute to the growth and success of the company.