Staff Accountant

Brixmor Property Group • Conshohocken, PA

5d • Hybrid

About The Position

The Staff Accountant assists in preparing accurate accounting information on the performance of property assets, provides customer service to Brixmor’s internal customers, and supports efforts to optimize returns to investors. The role contributes through a customer-focused, value-adding team approach, providing timely and accurate information, strong internal reporting, commercially minded collection and analysis of information, and flexibility in responding to changing customer needs.

The position is responsible for accounting functions for assigned centers, including financial statement preparation, property recovery calculations, balance sheet reconciliations, reporting, budgeting and forecasting support, lease and management agreement compliance, disposition accounting, and tenant-related reconciliations and billing. It also works with retailers, the Collections Team, owners, and management to resolve tenant issues and respond to reporting requests.

Requirements

• Undergraduate degree in Accounting or Finance.
• Team-oriented approach and positive attitude.
• Detailed spreadsheet expertise.
• Attention to detail and ability to see the big picture.
• Mainframe computer literacy from a user viewpoint.
• Sound time and project management skills.
• Strong oral and written communication skills.
• Ability to think laterally and use a disciplined approach to documenting and solving problems.

Nice To Haves

• Recent college graduates are encouraged to apply.

Responsibilities

• Manage the accounting function for assigned centers, including preparing profit and loss statements, calculating property recoveries, and reconciling balance sheets.
• Compile financial information and commentary for monthly management reports and prepare other reports required by management agreements or requested by executives.
• Prepare Net Operating Income worksheets for assigned properties.
• Prepare annual recovery reconciliation work papers for assigned properties.
• Calculate annual escrow increases and budget recovery expense per square foot.
• Assist in preparing annual budgets, ensuring calculations are accurate and documents complete for meaningful variance reporting.
• Assist in preparing property forecasts that accurately reflect year-to-date results and expected income and expenditure for the remainder of the financial year.
• Ensure ongoing compliance with applicable management agreements with external owners and individual retailer leases.
• Assist with disposition accounting.
• Liaise with retailers regarding Common Area Maintenance issues and disputes, including property tax and insurance matters.
• Liaise with Collections Team members to transfer knowledge and ensure tenant resolutions are communicated appropriately and promptly.
• Coordinate, review, and resolve tenant audits.
• Perform monthly percentage-rent and percentage-rent-in-lieu reconciliations for tenants with percentage rent clauses and post related charges to tenant accounts.
• Collaboratively prepare and review tenant billings.
• Respond to other ad hoc requests from owners and management.

Benefits

• Hybrid work schedule: first three days of the week in the office, with the balance optionally remote.
• Competitive pay commensurate with background and responsibilities.
• Benefits and perks package supporting career engagement, growth, good health, and connection with teammates and communities.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level