The Role
Lead all financial accounting and reporting for the REIT, prepare monthly statements and SEC filings (10-Q/10-K), maintain US GAAP compliance and controls, manage and develop accounting staff, analyze property operating results and cash flow forecasts, and improve reporting processes through automation.
Summary Generated by Built In
Company Overview:
Saul Centers, Inc. is a self-managed, self-administered equity real estate investment trust, formed in 1993. Saul Centers operates and manages a real estate portfolio of 61 community and neighborhood shopping center and office properties totaling approximately 9.8 million square feet of leasable area.
Saul Centers’ primary operating strategy is to continue its program of internal growth, renovations, and expansions of community and neighborhood shopping centers that primarily service the day-to-day necessities and services subsector of the overall retail market.
Position Summary
The Vice President, Controller will be responsible for all aspects of financial accounting and financial reporting including the preparation of monthly financial statements and Forms 10-Q and 10-K and related disclosures and footnotes. The successful candidate will ensure compliance with policies and procedures including key controls over financial reporting.
Summary of Competitive Benefits & Perks:
- Health/Medical Insurance including Dental and Vision
- 401(k) with company match
- Paid time off
- Bonus/Target Incentive
- Tuition Reimbursement
- Complimentary usage of modern in-house fitness center
- On-premise full-service dining center discounts
- Discounts via the company’s EAP
- Monthly Employee Recognition Programs
- Referral bonus
- Pre-tax transportation options
- Plus more!
Company Core Values:
- Excellence: Demonstrates a commitment to continuous improvement, innovation, and achieving the highest possible standards for performance.
- Ethics: Demonstrates a commitment to integrity, peer respect, and fairness. Continuously demonstrates a strong work ethic by exhibiting an indisputable drive to get the job done.
- Results: Consistently going above and beyond to deliver exceptional results and value for the team and the organization.
Duties & Responsibilities:
- Manage, mentor, train and develop the accounting staff
- Provide accounting support to the management team and billing support for tenants
- Analyze monthly property operating statements and work with property management to identify and explain causes of variances
- Ensure all monthly, quarterly and annual financial reports are prepared in conformance with US GAAP and are consistent from period to period
- Review monthly cash flow forecasts prepared for monthly management reporting
- Continuously improve through automation, improved processes and efficient procedures the accuracy, efficiency and timeliness of information provided to stakeholders
- Remain current on new and evolving changes in US GAAP and analyze the impact of those changes on the Company
- Review accounts receivable and ensure that the level of the provision for doubtful accounts is reasonable
Selection Criteria Job Requirements (Skills/Abilities):
- Strong communication skills (written and oral), self-confidence and ability to evaluate and articulate decisions in a concise, coherent fashion
- Demonstrated ability to train, mentor and develop staff with superior leadership and managerial skills
- Strong leadership with the ability to work well with external constituents and internal employees from different function areas
- Entrepreneurial and an outside the box mindset
- Strong level of financial acumen and high level of analytical ability
- Demonstrated integrity and the ability to communicate a clear set of values and high standards
- Proactive, collaborative and a team-oriented professional
- Results-oriented, deadline-driven and a commitment to excellence
- Organized, level-headed, and fact-based
Experience:
- 10 to 15 years of relevant accounting experience
- 5 years of public accounting experience
- 5 years of managerial experience
- Strong knowledge of applicable accounting standards, financial statement preparation and SEC reporting requirements
Education / Licenses / Certifications:
- Bachelor’s Degree in Accounting
- CPA required
The actual base pay offered is determined by several variables, including, as appropriate, the applicant's qualifications for the position, years of relevant experience, distinctive skills, level of education attained, certifications or other professional licenses held. Base pay is one component of Saul Centers Inc. total compensation package, which also includes access to or eligibility for healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, bonus plans and more.
Saul Centers, Inc. is proud to be an equal opportunity workplace. We foster an environment that recognizes employees’ unique skillsets and ensure that all employees have an equal opportunity to grow and advance.
If you are a candidate in need of assistance or an accommodation in the application process, please contact [email protected] or 301-986-6000.
Equal Opportunity Employer/Veterans/Disabled
Skills Required
- Bachelor's Degree in Accounting
- CPA
- 10 to 15 years of relevant accounting experience
- 5 years of public accounting experience
- 5 years of managerial experience
- Strong knowledge of US GAAP, financial statement preparation and SEC reporting requirements
- Experience preparing Forms 10-Q and 10-K and related disclosures and footnotes
- Experience ensuring compliance with internal controls over financial reporting
- Strong written and oral communication skills
- Demonstrated ability to train, mentor and develop staff; strong leadership skills
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The Company
What We Do
Founded in 1892, B. F. Saul Company has been one of the most successful privately-owned real estate companies in the United States. Our growth has been the result of a commitment to exacting standards and the belief that knowledge of the marketplace, when paired with the ability to commit substantial resources, will bring exceptional rewards.
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