Accountant II (Property Accountant)

Saul Centers, Inc. is a self-managed, self-administered equity real estate investment trust, formed in 1993. The company operates and manages a real estate portfolio of 61 community and neighborhood shopping center and office properties totaling approximately 9.8 million square feet of leasable area. Saul Centers’ primary operating strategy focuses on internal growth, renovations, and expansions of community and neighborhood shopping centers that service day-to-day necessities and services.

About the Role

The Accountant II will be responsible for all aspects of property accounting for a complex portfolio of properties, including preparing lease abstracts, month-end close deliverables, monitoring tenant accounts, managing tenant relationships, and performing additional technical accounting tasks as needed.

Responsibilities

• Complete the monthly close, prepare property operating statements, book monthly accruals, and provide explanations for budget-to-actual variances.
• Prepare monthly account reconciliations and supporting schedules.
• Research inquiries from senior management during the monthly and quarterly closes.
• Prepare tax and operating expense recovery billings.
• Abstract lease documents into the accounting ledger.
• Review and post monthly fixed charges.
• Support the financial reporting process through preparation of schedules and reconciliations used in various financial statements and regulatory filings.
• Collaborate with Collections and Property Management departments to resolve tenant inquiries.
• Collaborate with Lease Analysts to review and monitor property accounts receivable and correspond with tenants regarding outstanding balances.
• Assist with the training of other accountants.
• Assist with special projects or assignments as necessary.

Requirements

• Four-year degree in Accounting or Finance.
• CPA preferred.
• 2-5 years of experience as an Accountant; real estate experience preferred.
• Yardi software experience preferred.
• Intermediate Microsoft Excel spreadsheet skills.
• Strong analytical and organizational skills.
• Punctual, dependable, and reliable with strong interpersonal communication skills.
• Ability to handle sensitive and confidential information with poise, tact, and diplomacy.
• Ability to work effectively with a wide variety of individuals in person, via telephone, and in writing.
• Strong attention to detail in composing, typing, proofing materials, and abstracting lease data.
• Ability to work independently in a fast-paced environment, manage multiple competing tasks, and meet deadlines.

Benefits

• Health, dental, and vision insurance.
• 401(k) with company match.
• Paid time off.
• Bonus/Target Incentive.
• Tuition reimbursement.
• Complimentary usage of modern in-house fitness center.
• On-premise full-service dining center discounts.
• Discounts via the company’s Employee Assistance Program (EAP).
• Monthly Employee Recognition Programs.
• Referral bonus.
• Pre-tax transportation options.

Core Values

• Excellence: Commitment to continuous improvement, innovation, and achieving the highest possible standards for performance.
• Ethics: Commitment to integrity, peer respect, fairness, and a strong work ethic.
• Results: Consistently going above and beyond to deliver exceptional results and value for the team and the organization.