JBG SMITH Properties

Manager, SEC Reporting

JBG SMITH Properties$125K — $150K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Accounting
  • Active CPA license
  • 6+ years experience in Big 4 or national public accounting firms
  • Strong knowledge of U.S. GAAP and SEC reporting requirements
  • Experience with technical accounting research and drafting memoranda
  • Preferred experience in commercial or multifamily real estate, REITs
  • Yardi experience is a plus

Responsibilities

  • Assist with SEC filings (10-Q, 10-K, 8-K) preparation and review
  • Prepare analyses over complex accounting areas like impairment and equity transactions
  • Lead meetings to discuss impairment analyses with senior leadership
  • Conduct technical accounting research and draft position memoranda
  • Act as liaison to internal and external auditors, resolving inquiries
  • Support calculations of key financial metrics like Core FFO and Adjusted EBITDA
  • Maintain the SOX internal control environment, ensuring accuracy of narratives

Benefits

  • Generous annual target bonus
  • Collaborative work environment
  • High visibility projects with senior leadership
  • Exposure to complex accounting transactions
  • Dynamic and fast-paced company culture
Full Job Description

POSITION SUMMARY

The Manager, SEC Reporting is a key member of JBG SMITH’s Accounting Department, responsible for supporting all elements of the Company’s internal and external reporting, including the preparation of consolidated financial statements in accordance with U.S. GAAP and filed with the SEC. The role combines hands-on ownership of the quarterly and annual reporting process with technical accounting research and documentation across the Company’s most complex and judgmental areas.

Reporting to the Senior Vice President, Accounting, the Manager will serve as a technical resource across the organization, researching and documenting the accounting for significant and non-routine transactions, drafting position memoranda, and communicating conclusions to senior leadership and external auditors. The position offers a high-visibility opportunity to work on challenging and rewarding assignments and to collaborate with teams across the Company in a fast-paced, dynamic environment.

WHAT YOU'LL DO

  • Assist with the preparation and review of the Company’s SEC filings on Forms 10-Q, 10-K, and 8-K, and the annual Proxy Statement, including the workpapers and analysis that support the financial statements, footnote disclosures, MD&A, and the calculation of our key financial metrics;
  • Prepare and review quarterly and annual analyses over complex and judgmental areas, including impairment, equity transactions, held-for-sale designations, consolidations, equity method investments, leases, and noncontrolling interests;
  • Lead meetings with senior leadership to review impairment analyses;
  • Conduct technical accounting research, draft position memoranda applying authoritative literature and interpretive guidance to the Company’s transactions, communicating conclusions to both internal stakeholders and external auditors;
  • Serve as a liaison to internal and external auditors, coordinating and providing timely support and resolving inquiries;
  • Support the calculation and review of the Company’s key financial and non-GAAP metrics (e.g., Core FFO, FAD, NOI, and Adjusted EBITDA) and assist in identifying the drivers of quarterly results;
  • Support the annual review and ongoing maintenance of the Company’s SOX internal control environment, collaborating with control owners to keep process narratives over financial reporting accurate and current;
  • Track pending and exploratory transactions, assessing their accounting and reporting implications on a timely and as needed basis;
  • Monitor, assess, and document the impact of new accounting and SEC pronouncements and industry-driven developments, and assist in updating the Company’s accounting policies accordingly;
  • Collaborate cross-functionally with other departments including property, corporate, and capital projects accounting, portfolio management, asset management, legal, development, capital markets, investments, tax, and leasing; and
  • Identify and support ad hoc projects as requested by senior leadership.

WHAT YOU'LL NEED TO SUCCEED (REQUIREMENTS)

  • Bachelor’s degree in Accounting;
  • Active CPA license;
  • Six or more years of experience in a Big 4 or national public accounting firm and/or with a publicly traded company, with a focus on SEC reporting and technical accounting;
  • Strong working knowledge of U.S. GAAP, SEC reporting requirements, and internal controls over financial reporting;
  • Demonstrated experience performing technical accounting research and drafting position memoranda on significant or non-routine transactions;
  • Commercial, multifamily, or other real estate experience is preferred; REIT experience is a plus;
  • Experience with Yardi is a plus;
  • Intermediate-to-advanced Microsoft Excel skills and working knowledge of Microsoft Word;
  • Strong analytical, organizational, and time management skills, with the ability to prioritize multiple competing tasks and meet tight deadlines in a fast-paced environment;
  • Self-motivated and independent, detail-oriented, with a strong work ethic and high integrity and ethical standards;
  • Team player who is proactive, conscientious, and accountable for the accuracy and quality of their work product; and
  • Strong interpersonal, verbal, and written communication skills.

 

The salary range for this position is $125,000 to $150,000 annually. Additionally, this position offers a generous annual target bonus. 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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