Portfolio Accountant - I

Description

CBL Properties, one of the largest mall REITs in the United States, is in search of a Portfolio Accountant I in our Corporate Office in Chattanooga, TN. We have an opportunity for an Accountant to learn a challenging and exciting industry while putting keen analytical abilities and independent thinking to work. If you are an Accountant interested in broadening your professional experience in a positive, strictly ethical, learning environment, CBL may be the right fit for you. Apply and see why CBL continues to earn Great Place to Work Certification™ year after year!

The Portfolio Accountant is responsible for all property accounting related activities for a given portfolio of shopping center properties, ensuring month end close and monthly reporting packages are completed according to schedule. Additionally, the Portfolio Accountant - I will be directly involved in providing customer support to property management teams and other CBL departments, all within a collaborative work environment.

Principal Responsibilities

The potential candidate’s responsibilities will include, but not be limited to, the following:

• Conduct all month end closing activities for a given portfolio of properties
• Prepare and sign-off on financial statements
• Assist property management teams with investigating variances related to both actual and budgeted results
• Assist property management teams with inquiries related to accounting transactions and the appropriate accounting for such transactions
• Prepare and submit required lender reporting for given set of properties
• Prepare and file personal property and sales and use taxes, and other required financial and regulatory reporting
• Process straight line rent calculations
• Review capital expenditures to ensure appropriate accounting treatment
• Process mortgage escrow reimbursement requests with lenders for required capital expenditures and tenant improvements
• Review and complete bank reconciliations
• Assist in maintaining Yardi Voyager property management and accounting system specific to portfolio accounting.
• Assist the Portfolio Controller in portfolio-wide financial and reporting analyses
• May be required to provide coverage for other Portfolio Accountants and AP Analysts during times they are required to be out of the office or are unavailable.
  
  

Minimum Qualifications

• College graduate with a degree in accounting, or a bachelor’s degree in accounting or a business-related discipline with two years related commercial real estate property accounting or similar experience and/or training; or equivalent combination of education and experience.
• Ability to read, write, interpret and analyze documents such as invoices, contracts, and procedures manuals.
• Excellent communication skills, including ability to speak effectively with various team members both within CBL and externally.
• Good analytical skills to analyze portfolio and property level financial information and reports.
• The ideal candidate will possess the following characteristics: attention to detail, team player, strong communication skills, ability to work under pressure and meet deadlines, goal oriented and a self-starter.
• Proficient in Word and Excel
• Knowledge of Yardi Voyager commercial property management and accounting system or a similar system is a plus.
  
  

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

About the Organization CBL Properties is a real estate investment trust (REIT) traded on the NYSE (NYSE: CBL) for over 46 years. CBL has owned and managed a portfolio of market-dominant malls, lifestyle and open-air centers, and outlet centers in thriving markets with strong demographics and high growth potential. We manage our portfolio to generate lasting value for our shareholders as well as to provide the communities we serve with a vibrant place to shop, dine, socialize and so much more. Each property is an economic engine for its community and a valued community partner. Over time, our properties have evolved to offer more than just a place to shop, but a community hub that combines retail, a variety of dining and entertainment options, events, services, health and wellness offerings, and more.

CBL offers a robust benefits package that includes medical/dental/vision insurance, HSA/FSA, short-term & long-term disability insurance, 401K, tuition reimbursement, volunteer hours, pet insurance, life/AD&D insurance, accident/critical illness/hospital indemnity plans, PTO, and Holidays.

EOE Statement We are an Equal Opportunity and Affirmative Action Employer, encouraging diversity in the workplace. All qualified applicants will receive consideration for employment and subsequent opportunities for training, advancement, promotion, compensation (increases and/or reductions) and/or termination without regard to race, national origin, gender, gender identity, age, religion, disability, sexual orientation, veteran status, marital status, or any other status protected under local, state or federal laws. In addition, harassment on the basis of race, national origin, gender, gender identity, age, religion, disability, sexual orientation, veteran status, marital status, or any other status protected under local, state or federal laws will not be tolerated.