Senior Property Accountant Details

Senior Property Accountant

Realty Income Corporation - San Diego, CA

Employment Type : Full-Time

Realty Income, The Monthly Dividend Company®, one of four San Diego based S&P 500 companies dedicated to providing shareholders with dependable monthly income. Our company is structured as a REIT, and its monthly dividends are supported by the cash flow, over 6,000 real estate properties owned under long-term lease agreements with regional and national commercial tenants. To date, our company has declared over 600 consecutive common stock monthly dividends throughout its 50-year operating history and has continually increased the dividend since Realty Income's public listing in 1994 (NYSE: O). Our company attracts individuals who value integrity, perseverance, and teamwork. If you appreciate working on a truly collaborative team in a professional environment in a company that encourages a work-life balance, make sure to apply today!

As Realty Income’s Senior Property Accountant, you will be responsible for preparation and review of monthly financial reports and analysis at the property level. Reporting to the Vice President, Assistant Controller, an aptitude for growth will be the driving force of your role. A proven track record in Property Accounting, fueled by a team-based atmosphere, will allow you to hit the ground running day one!

Your Contribution to the Team Includes

General Ledger

• Complete month-end close procedures and accurately reconcile balance sheet and applicable income statement accounts to meet company’s reporting deadline.
• Review new leases and lease amendments. Calculate straight-line rent, Right of Use assets/Lease liability, Sale leaseback off market rent amortization in the accounting system.
• Gather collectability data, calculate, and post allowance for bad debt.
• Analyze and interpret GL data to ensure proper revenue recognition.
• Prepare schedule for unrecorded payables and contingent liabilities.
• Assist in fixed assets schedules preparation.

Financial Analysis

• Prepare budget vs. actual financial variance schedules and work with Property Managers, Finance and Lease Administrators to provide accurate fluctuation analysis.
• Prepare supporting schedules for 10Q/K disclosures.

Budgeting and Forecasting

• Support Property Management and Finance teams in property budgeting and forecasting process.

External/Internal Audit

• Assist in audits and analysis of property-level financials, as wells as walk through of internal controls.
• Document accounting procedures and processes.

Other

• Review current processes for improvement.
• Work with external and internal team to resolve Yardi issues.
• Support/Back Up other property accounting functions as needed.
• Test the implementation of new Yardi modules.
• Performs other special projects as assigned.
• Ability to handle large quantity of data and share process improvements throughout cross business team.

What You’ll Need to be Successful

• 4 year Bachelor degree from an accredited college or university, with an emphasis in accounting, finance or related field.
• 5+ years of relevant work experience, public accounting experience highly preferred.
• Real estate industry experience is highly preferred.
• Previous experience with Yardi ERP system is preferred.
• Previous experience with large data requirements is preferred.
• Certified Public Accountant license is preferred
• Clear understanding of GAAP and lease accounting.
• Must be organized, detailed, flexible, efficient and take ownership of own work product.
• Ability to work under pressure and adhere to strict deadlines.
• Strong analytical and communication skills.
• Advanced Microsoft Excel skills.

In response to COVID-19, Realty Income has maintained our business operations and have open opportunities, yet made necessary adjustments to our hiring process. We are conducting all steps of the interview process in a virtual capacity. In response to California’s Stay at Home order and other states with similar provisions, our employees will continue to work remotely until these restrictions have been lifted and it is safe to work in an office again. Realty Income has endeavored to be adaptable and strategic in our capacity to maneuver in an unfamiliar situation, and we pride ourselves on our resilience. We immensely appreciate both your flexibility and consideration of Realty Income for employment.

To all recruitment agencies; Realty Income does not accept unsolicited agency resumes. Please do not forward resumes to our job’s alias, Realty Income employees, or any company location. Realty Income is not responsible for any fees related to unsolicited resumes.

Job Type: Full-time

Schedule:

• Monday to Friday

Work Location:

• One location

Work Remotely:

• No