Staff Accountant – Real Estate Accounting

VUC Inc.•Allentown, PA

About The Position

CrossAmerica Partners is a leading wholesale distributor of motor fuels, operator of convenience stores, and owner and lessor of real estate used in the retail distribution of motor fuels. We are a top ranked wholesale distributor with eight major fuel brands, our seven high quality convenience store brands have 250+ locations, and we are actively buying, selling, and leasing sites across the US. With a geographic footprint across 34 states, we strive to be an industry leader, providing fuel and convenience products essential to keep people moving across America! Position Summary: The Staff Accountant - Real Estate is responsible for supporting the Manager – Real Estate Accounting primarily with the accounting and reporting for rent income and expense, other real estate-related items, and related balance sheet accounts.

Requirements

Willing to be hands on
Must have strong computer skills.
Very strong database and spreadsheet skills (excel, word, etc.)
Ability to work independently and in groups.
Knowledge of basic Generally Accepted Accounting Principles
Self-motivated, inquisitive, and detail oriented
Ability to multi-task
Able to manage shifting priorities and deadlines
High attention to detail and excellent communication skills
Bachelor's degree in accounting or finance required
Minimum three to five years' accounting experience preferred

Nice To Haves

Experience with ASC 842 lease accounting preferred but not required
Working knowledge of Yardi preferred but not required

Responsibilities

Prepare and/or review monthly and/or quarterly reconciliations/roll forwards for balance sheet and related income statement accounts for assigned areas, primarily related to rent income and expense and related areas.
Perform analytical review of lease related balances and provide balance sheet account movements to support cash flow reporting.
Assist with ASC 606 & ASC 842 revenue recognition and lease accounting.
Prepare and record month end journal entries.
Prepare annual recoverable charges reconciliation with our dealer customers.
Prepare monthly reports provided to leadership team related to assigned areas.
Performs high-level analytical procedures on income statement accounts and research variances.
Assist with quarterly SEC financial disclosures for assigned areas.
Work with auditors to provide documentation and resolve questions within areas of responsibility.
Support budget and forecast process, specifically regarding rent income, rent expense, property taxes and operating expenses.
Assists in preparing external site level P&Ls for third party lease requirements.
Assist in managing accounts receivable processes and perform intercompany and related party journal entries.
Ensure compliance with SOX controls for areas of responsibility.
Support and participate in special projects (ad-hoc reports) as assigned.