Accounting Director

Purpose

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 should level-Infrequently