Senior Accountant

Federal Realty Investment Trust•North Bethesda, MD

11h•$85,000 - $100,000•Onsite

About The Position

Federal Realty Investment Trust is a proven leader in the ownership, operation, development and redevelopment of premium retail real estate in the country's best markets. We consider ourselves one of the most innovative and dynamic real estate companies one can work with. Interested candidates who research Federal Realty learn about our high quality community shopping center and mixed use property portfolio. Federal Realty’s well-respected real estate investment and management team delivers a significant combination of modest and large, value-add investments that can make working at Federal rewarding. While Federal Realty is one of the largest publicly traded real estate investment trusts in the country, as measured by the value of our assets, we're functionally a small company by most standards and we operate that way. Team members with initiative and proven ability get involved in many facets of executing Federal’s business plan. We encourage you to look us up on LinkedIn and follow Federal Realty Investment Trust. We’re seeking an experienced Senior Accountant to join our Corporate Accounting team at our North Bethesda, Maryland headquarters. This role is responsible for reconciling debt and equity transactions, supporting SEC reporting, preparing financial analyses and partner distributions, and ensuring accurate period-end reporting. The ideal candidate is detail-oriented, analytical, highly proficient in Excel, and comfortable working in a fast-paced environment while managing multiple priorities and meeting tight deadlines.

Requirements

Bachelor’s or Master’s Degree in Accounting; CPA preferred
2-4 years’ corporate or public accounting experience, commercial real estate experience preferred
Demonstrated strong analytical and problem-solving skills
Solid understanding of financial statements
Excellent interpersonal, verbal and written communication skills with a history of establishing and maintaining effective working relationships in a team environment
Exceptional attention to detail with excellent organizational skills
Proven ability to effectively manage multiple tasks
Demonstrated self-starter with ability to work independently in a fast-paced environment with tight deadlines
High degree of confidentiality
Ability to understand technical forms and financial reports
Ability to demonstrate high intermediate Excel skills; experience with JDE and Workiva a plus

Responsibilities

Tracks and reconciles debt transactions related to the company’s mortgage notes payable, notes payable, senior notes, line of credit and term loan. This encompasses analyzing debt balances and interest expense, including reconciling prepaid interest, accrued interest, and debt issue costs on a monthly and quarterly basis.
Acts as the primary contact with lenders for all debt related transactions.
Prepares quarterly distribution calculations for shopping centers that are owned with outside partners.
Prepares corporate quarterly and annual debt covenant calculations and prepares/tracks covenant compliance for all mortgages.
Assists with SEC reporting including financial statement and footnote preparation and XBRL tagging and review.
Prepares various analyses for internal financial reporting.
Performs account reconciliations for various accounts
Record equity transactions including stock issuance and dividends payable
Responsible for communication and coordination of restricted stock vestings and option exercises with legal, payroll, transfer agent, employee and/or broker.
Accumulates and analyzes G&A expense accruals and reaccruals from several parties and determines necessary entries needed to record expenses in the correct period
Reviews operating leases for any amendments to term or payment amounts, calculates amortization
Performs various other G&A duties, such as prepaid expense tracking, department coding reclasses
Analyzes the report for subsequent month payments to determine if any unrecorded liabilities need to be recorded in the correct period and acts as the main contact for any follow-up communication needed
Performs specific projects, as requested.