Accounting Director

Kemper Development Co•Bellevue, WA

About The Position

Under general supervision, the Accounting Director performs accounting and financial reporting functions and maintains accounting records for assigned properties. In addition to performing routine tasks, such as producing monthly financial statements, the Accounting Director also manages budgets, oversees cash flow, and handles complex accounting matters, including CAM reconciliations and forecasting. Work varies, but is generally governed by department rules, regulations and operating procedures, with job performance reviewed regularly by the Controller. The Accounting Director is expected to act with a great deal of independence and initiative in daily performance of their duties, continuously demonstrating and maintaining proficiency in all accounting-related tasks, while working in harmony with fellow employees and fostering teamwork whenever possible.

Requirements

Knowledge of modern office practices, procedures and equipment
Working knowledge of English grammar, usage and spelling
Ability to determine priorities among simultaneous requests and messages
Ability to perform assigned duties with minimal supervision
Ability to learn new procedures and adapt existing ones to new situations
Ability to follow oral and written instructions
Ability to establish and maintain effective, cordial, working relationships
Strong organization, initiative, and problem-solving skills
Strong written and verbal communication skills
Ability to meet deadlines
Excellent computer skills - experienced with Accounting systems, Excel, and other Office 365 products
4-year Accounting Degree
5+ years of experience in accounting

Nice To Haves

CPA preferred
Experience with MRI Real Estate Accounting software a plus

Responsibilities

Complete month end close in accordance with the monthly accounting calendar; includes oversight of the A/R and A/P close and creation of all month end journal entries.
Produce the standard monthly reporting package for review by Controller, budget managers and the Executive Committee. Included in this package are financial statements, sales information, CAM schedules, capital expenditure activity, variance analysis, etc.
Work with and direct AR/AP department personnel to ensure property AR and AP processes are handled in a timely and effective manner.
Maintain property fixed asset activity in FAS system and reconcile FAS reports to the general ledger.
Track and depreciate/amortize deferred costs and prepaid expenses as required on a monthly basis.
Reconcile bank accounts and other balance sheet accounts on a monthly basis.
Coordinate monthly A/R meetings and provide accounting information, analysis, and support on collection issues; coordinate follow-up with A/R staff on collection issues and tenant account review and reconciliations.
Maintain cash management schedules and projections.
Understand legal agreements associated with assigned properties; understand all financial aspects of leases and ensure all leases are properly set up in MRI in compliance with lease documents; prepare necessary reports coinciding to specific requirements of various agreements.
Coordinate the collection and compilation of budget data for preparation of annual plans and budgets. Work with budget managers throughout the year to gather information for preparing and updating budgets, forecasts, and projections.
Ensure timely compliance with state and local reporting requirements as applicable.
Prepare schedules and reports for external auditors and tax accountants; provide assistance to them in answering questions and compiling information.
Prepare financial reports associated with lender financing requirements.
Review and analyze sales data on a monthly basis to ensure percentage rent is paid correctly based on tenant sales applicable to assigned properties.
Miscellaneous projects and tasks as assigned.