Corporate Accounting Manager, Real Estate - Retail

Accounting and Budgeting for Real Estate Entities

Assist with annual budgeting, long-term forecasting, and quarterly budget-to-actual analyses, among other forecasting projects, for all real estate entities and fixed assets throughout the year, including coordination with cross functional departments, as necessary.

Real Estate, Leases, and Fixed Assets

• Submit capital requests for assigned capital purchases.
• Affiliate with the accounting of all fixed assets, encompassing additions, disposals, transfers, depreciation, and monthly/quarterly reconciliations.
• Ensure the prompt and accurate processing of assigned real estate project and fixed asset related expenditures.
• Oversee monthly reconciliation of construction in process to construction software.
• Lead quarterly CIP review calls to ensure transparency and alignment across teams.
• Ensure proper adjustment of rent following acquisitions, divestitures, or completion of real estate projects.
• Ensure rent is exchanged and recorded timely and accurately in accordance with lease terms and approved lease schedules for all leases (third-party, related-party, and intercompany).
• Collaborate with various accounting teams with lease related questions.
• Support various accounting teams with lease related questions.
• Perform monthly reconciliation of lease balances to approved lease schedules, including researching variances and coordinating with accounting teams to remedy.
• Prepare and reconcile year-end lease support and prepare disclosures for year-end financial reporting, including external audit PBCs.
• Collaborate with treasury, legal, and real estate teams to facilitate the acquisition and divestiture of real estate, including performing calculations for gains or losses.
• Partner with real estate and accounting operations to ensure accurate recording of non-operational real estate assets.
• Foster seamless integration of real estate and fixed assets data across cross-functional teams, including Legal, Operations, and Dealership/Centralized Accounting.

Team and Departmental Development

• Lead and mentor finance professionals, fostering a collaborative and high-performance culture within the Corporate Accounting department.
• Identify opportunities for process optimization and automation, fostering cross-functional collaboration to secure buy-in and support, and subsequently execute initiatives to streamline accounting processes and enhance overall efficiency.
• Execute with a sense of urgency to achieve business objectives, maintaining agility in a dynamic environment.
• Stay abreast of regulatory changes, industry best practices, and accounting pronouncements related to real estate and fixed asset accounting, implementing necessary updates to ensure compliance.

Additional Responsibilities

• Facilitate wires and other treasury functions as assigned.
• Affiliate with preparation and delivery of assigned annual tax and external audit requests.
• Perform all other duties and special projects as assigned.