Accounting Director
Mall of America
Financial Leadership Role at Mall of America
Ensures timely and accurate financial statements for Mall of America are produced for management and ownership and serves as a trusted financial resource across departments. This is a hands-on leadership role with experience in property-level budgeting and forecasting, strong systems aptitude, and a passion for building scalable processes.
Essential Duties and Responsibilities:
- Review all journal entries, accounts payable coding, as well as the general ledger and balance sheet accounts for accuracy.
- Approve the monthly financial statements for distribution to key Mall employees and ownership.
- Lead the annual operating budget, capital budget, periodic forecasting, long-range planning, and variance-analysis processes in partnership with department leaders.
- Oversee tenant lease accounting activities, including lease interpretation, tenant billings, revenue recognition, tenant recoveries, annual CAM and tax reconciliations, and database integrity.
- Establish, maintain, and continuously improve internal controls, accounting policies, workflows, and documentation.
- Coordinate external audit, tax, lender, and other required financial reporting processes.
- Identify opportunities to improve financial systems, automate reporting, and build scalable processes.
- Provide leadership, coaching, feedback, and development opportunities for the finance and accounting team.
- Partner with Operations, Leasing, Legal, and other departments to evaluate the financial impact of business decisions.
- Monitor tenant balances and take control of the collections process.
- Additional duties as assigned.
Preferred Skills, Knowledge and Abilities:
- Bachelor's degree with an emphasis in Accounting
- 8-10 years of work-related experience with a Real Estate background preferred
- Knowledge of GAAP and its relation to real estate accounting
- Knowledge of net operating income drivers
- Experience at improving systems, processes, and reporting capabilities
- Demonstrated ability to improve processes, automate reporting, and build scalable systems
- Experience interpreting leases and applying lease provisions to tenant billings and recoveries.
- Knowledge of how to build revenue models
- Knowledge of how to build an annual operating budget. Experience with MRI software or similar real estate accounting and property management systems.
- Ability to present and explain financial statements, budgets clearly to mall management and ownership.
- Strong organizational skills
- Excellent oral and written communication skills
- Excellent problem solving, and multi-tasking skills required
- Timeliness in conjunction with accurate and detail-oriented reports are essential
- Experience managing and developing finance professionals
Physical Job Requirements:
- Sit-Frequently
- Perform repetitive motion such as using a keyboard-Frequently
- Stand/move about-Infrequently
- Reach at or above shoulder level-Infrequently
- Reach at or below shoulder level-Infrequently
Pay is based on many aspects which vary based on position. These include labor markets and, in some instances, may include education, work experience and certifications. In addition to your pay, Mall of America is passionate about the future of our team members, we want to ensure you have a wealth of support and resources, to care for yourself and your loved ones. Our one-of-a-kind job perks for most team members include, team member discounts, free Nickelodeon Universe ride passes, Teladoc, Employee Assistance Program, generous tuition reimbursement, and FREE Metro Pass Universal Pass . Mall of America offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your loved one's care for your whole selves. Other benefits for eligible team members include 401(k) match, short term disability, long term disability, paid parental leave, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at Job Perks + Benefits | Mall of America®
$109.85k - $138k
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