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Accounting Manager

Company: STAG Industrial Inc
Location: Boston
Posted on: May 28, 2023

Job Description:

Job PurposeReview, manage, audit and analyze all financial matters related to portfolio. Provide support to the VP, Taxation and Accounting and VP, Property Accounting as it relates to the training and technical development of the Property Accountants. Duties and ResponsibilitiesCoordinate initial and ongoing training to Senior Accountants and Accountants based on the company's processes, policies and procedures.Review monthly and quarterly property level financial statements and assist VP, Taxation and Accounting/VP, Property Accounting in the close the books process.Review of tenant operating and real estate tax escalations (escrows and true ups).Analyze and interpret tenant leases and assist in the implementation and analysis of complex transactions for the Company's acquisitions, dispositions, complex leases, debt transactions, etc.Review disposition entries and gain calculation on sold assets and update the Gains and Losses memo, ASU 2017- 05.Ensure tenant charges are properly accrued per their lease.Participate in the review and presentation of quarterly operating revenue and expense variance analysis on both a portfolio and same store basis.Responsible for the review and posting of journal entries.Responsible for the review of all monthly fixed assets and reconciliation.Responsible for managing departmental financial reporting timelines.Responsible for understanding and ensuring all accounting and financial statements comply with all legal documents related to assigned properties (e.g., management agreements, development agreements, mortgage documents, etc.).Assist in the transition of all acquisition, dispositions and new developments.Work jointly with Lease Administration, Accounts Receivable, Accounts Payable, Tax, Finance, Financial Reporting and Senior Management.Liaison to our external audit team and outsourced internal audit team.Review schedules from the Company's Construction Management team to accurately accrue construction projects in progress and place construction projects in service upon completion.Collaborate with peers at manager level to discuss process improvements and best practices.Assist in the development and documentation of accounting policies and procedures.Perform other duties as assigned. QualificationsBachelor's degree in Business Administration or Accounting required.A minimum of five years of accounting experience required. Previous accounting experience in commercial real estate settings or related industries preferred.Exemplifies proven leadership skills by showing initiative, serving as a role model, demonstrating accountability and a shared sense of commitment to the organization.Excellent computer skills with proficiency in MS Excel required. Experience in MRI and Sage Fixed Assets preferred, but not required.Proven organizational skills with ability to set priorities, manage multiple projects and meet deadlines.Self-starter capable of finding solutions with minimal supervision.Ability to interact with co-workers, tenants and vendors in an articulate, courteous and professional.Ability to work under pressure.Ability to work independently, as well as part of a team.Adaptable to changing demands. Working ConditionsPosition does not require special working conditions. Employee utilizes a laptop provided by company for work related matters. Reporting StructureThis position reports to the VP, Taxation and Accounting who provides supervision and guidance, and monitors work on a regular basis to include performance reviews.The Accounting Manager will have one to two Property Accountants directly reporting to them.

Keywords: STAG Industrial Inc, Boston , Accounting Manager, Executive , Boston, Massachusetts

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