JBG SMITH Properties

Accounting Manager

JBG SMITH Properties$120K — $130K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in accounting or related field and a CPA
  • 5 years of accounting work experience, ideally including 1-2 years in management
  • Experience managing a team and delivering regular feedback
  • Strong organization and leadership skills with attention to detail
  • Excellent verbal and written communication skills
  • Ability to interact with individuals at all organizational levels
  • Proficiency in Microsoft Office, with real estate experience preferred

Responsibilities

  • Oversee assets for the Washington Housing Initiative Impact Pool and legacy fund business
  • Supervise three accountants and review their accounting functions
  • Set and evaluate performance goals for team members
  • Provide guidance on journal entries for significant transactions
  • Review financial statements for accuracy and compliance
  • Assist with monitoring debt and affordability covenants
  • Collaborate on asset acquisitions and cash management needs

Benefits

  • Discretionary bonus offered beyond base salary
  • Collaborative work environment with a strong team focus
  • Opportunities to lead special projects and global initiatives
  • Regular interaction with high-level stakeholders and third-party auditors
  • Support from management in career development and performance evaluation
Full Job Description

POSITION SUMMARY

You’re a detail-oriented and organized all-star who takes pride in your work. You are a problem solver who is not afraid to break from traditional processes to create more efficient solutions. You are a self-starter with a disciplined approach and strong follow through. You have demonstrated an ability to juggle competing tasks and bring a flexible approach to most situations. As an essential member of a team that places emphasis on collaboration and a collective effort in completing team goals, you will never be alone in your efforts. Utilizing your excellent communication skills, you will have the opportunity to build relationships both within and outside the accounting department.

WHAT YOU'LL DO

Supervise 2-3 accountants and review their accounting, reporting, and cash management functions.

  • Meet regularly to review and discuss staff’s accounting workload.
  • Set goals for staff and evaluate performance throughout the year.
  • Provide guidance for recording journal entries on property sales, loan refinancing, recapitalizations, and other significant transactions.
  • Review and process capital calls and distributions for the investment funds and impact pool.
  • Perform detailed review of property, investment fund, and impact pool financial statements prepared by direct reports to ensure accuracy and compliance with monthly close procedures.
  • Review monthly budget to actual variance explanations.
  • Perform detailed review of quarterly fund reports, fund financial statements, and account reconciliations.
  • Assist with monitoring debt and affordability covenants.
  • Review monthly, quarterly, or annual reporting for internal purposes, JV partners, investors, and lenders.
  • Support and collaborate with other departments on asset acquisitions, dispositions, monthly draws, and cash management needs, among other items.
  • Work with third party auditors on year-end tax and audit requests.
  • Lead special projects or global initiatives.

WHAT YOU'LL NEED TO SUCCEED (REQUIREMENTS)

  • Bachelor’s degree in accounting or related field and a CPA.
  • 5 years of accounting work experience, preferably 1-2 years of management experience.
  • Experience managing a team and providing constructive feedback on a regular basis.
  • Team player who is organized, proactive, self-directed, conscientious, and assumes accountability and responsibility for specific performance and work product for themselves and their team.
  • Strong organization and leadership skills and attention to detail.
  • Excellent verbal and written communication skills
  • Comfortable interacting and communicating with individuals at all levels of the organization.
  • Able to work in a fast-paced environment with demonstrated ability to juggle multiple competing tasks and demands.
  • Proficiency in Microsoft Office.
  • Real estate experience is strongly preferred
  • Public accounting experience is a plus.
  • Yardi or other accounting software is a plus.

The salary range for this position is $120,000-$130,000 annually. In addition to base salary, a discretionary bonus will be offered. Please note that the salary range information provided is a general guideline. It is uncommon for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on a variety of factors. JBG SMITH considers factors such as (but not limited to) scope and responsibilities of the position, candidate’s work experience, candidate’s work location, education/training, key skills, internal peer equity, external market data, as well as, market and business considerations when making compensation decisions.

 

About JBG SMITH Properties

JBG SMITH is a publicly traded real estate investment trust that owns, operates, invests in and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. Our portfolio of 20 million square feet includes office, multifamily, retail, and hotel assets, and we are committed to creating vibrant, amenity-rich communities that reflect a sense of place and enhance the quality of life in the neighborhoods where we operate. Our focus on sustainability, placemaking, and community engagement is reflected in our LEED Gold and Platinum certifications, our WELL Building Standard certifications, and our partnerships with local organizations that support affordable housing, workforce development, and environmental stewardship.
Learn more about JBG SMITH Properties
Size
997 employees
Market Cap
$2.2 billion
Industry
Net Income
-$62.3 million
5 Year Trend
+5.8%
Revenue
$602.7 million
NASDAQ

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