Manager, Technical Accounting & Reporting

Broadstone Real EstateVictor, NY
47d$90,000 - $110,000

About The Position

The Manager, Technical Accounting & Reporting will serve as a key contributor to the timely and accurate production and analysis of GAAP-based financial statements and reports for BNL, including direct involvement with the quarterly external reviews, the internal audit, and the external year-end audit in collaboration with the Director, SEC Reporting & Technical Accounting and Chief Accounting Officer. The ideal candidate will thrive in the fast-paced, team-oriented environment of a publicly traded company, with the ability to implement best-in-class processes and procedures. This position is well suited for a self-starter who welcomes growth, change, and continuous improvement. This position reports to the Director, SEC Reporting & Technical Accounting.

Requirements

  • Strong understanding of Generally Accepted Accounting Principles (GAAP)
  • Project coordination abilities along with strong organizational and planning skills; ability to manage priority changes with a professional demeanor
  • Keen attention to detail; Passionate about quality and accuracy
  • Excellent research, problem solving, analytical, and decision-making skills
  • Excellent verbal and written communication skills with the ability to communicate and present complex information succinctly
  • Ability to work effectively both independently and as a member of a team
  • Ability to perform under pressure and consistently meet required deadlines
  • Ability to partner with key business stakeholders to build consensus on key departmental initiatives
  • Experience providing direction and support to junior professionals, promoting skill development and effective teamwork
  • General understanding or professional interest in automation capabilities and efficiency tools
  • High level proficiency in Microsoft Office, including Word, Excel, PowerPoint, and Outlook
  • Solid work ethic and a professional, proactive, and positive approach to work
  • Bachelors degree in accounting from a four-year accredited university required
  • 5-7+ years relevant corporate experience or experience in public accounting
  • Experience at a publicly traded company subject to SOX compliance preferred
  • Experience with ERP and accounting systems (real estate property management accounting systems preferred; MRI software experience a plus)
  • Experience with software implementation or automation a plus

Nice To Haves

  • Progress towards, or completion of, a CPA (Certified Public Accountant) designation a plus

Responsibilities

  • Act as process manager for overall purchase price allocation (PPA) processes to include acquisitions accounting with fund allocations; Coordinate with internal underwriting and other external parties
  • Perform lease (ASC 842) technical accounting conclusions and calculations, including: new leases arising from acquisitions, and modifications of existing leases with our tenants
  • Assist in the quarterly impairment analysis process, including working with the Real Estate Investments & Operations teams to appropriately identify and analyze property impairment triggering events
  • Contribute to the preparation, and review of financial statements and footnotes, including drafting of footnotes, in accordance with GAAP for a publicly traded REIT
  • Prepare quarterly reporting calendar and proactively assist in the management of certain aspects of the financial reporting timeline
  • Help coordinate compliance with Sarbanes Oxley, supporting, enforcing, and implementing internal controls
  • Provide guidance and assistance as needed to colleagues performing accounting and financial reporting preparation duties
  • Assist with annual external audit and quarterly review processes, as well as internal audits
  • Draft white papers on technical accounting matters
  • Work with third party valuation firms on purchase price allocations and stock-based compensation valuations
  • Provide accounting support and guidance for complex business transactions
  • Research and provide technical accounting guidance in accordance with U.S. GAAP
  • Analyze new accounting standards applicable to the organization and guide the accounting team on their application
  • Assist with updating and creating accounting policies and procedures required by either technical accounting, Sarbanes Oxley compliance, business, or internal control changes
  • Help identify and develop best-in-class workflow improvements and/or efficiencies; recommend improvements as needed to ensure accurate financial reporting, ensure adequate controls, policies and procedures are in place, and ensure the department has the ability to scale with the companys growth
  • Develop an understanding of resource needs and requirements, balanced with evaluation of process efficiencies and enhancements, to recommend when additional support or expertise is needed
  • Partner with the IT/IS department to drive accounting software and system implementation and improvement efforts
  • Participate in and lead projects from an accounting perspective that arise as a result of business requirements, such as implementation of new software or process improvements related to the financial reporting and technical accounting function
  • Executes duties and maintains standards in accordance with company policies and procedures
  • Additional duties as required
  • Overtime hours may be required as job duties demand
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