Recovery Accountant - 9202075597593_1

Univest Corporation of PA • Conshohocken, PA • 1d ago

Brixmor The principal and essential functions will be to assist in the preparation of accurate accounting information on the performance of property assets by providing superior levels of customer service to Brixmor's internal customers and optimize returns to its investors. These goals can be achieved via a customer focused, value adding team approach in which internal customers are highly serviced. In order for Brixmor's internal customers to adequately meet and exceed retailer and investor customer expectations, there is an ever-increasing need for: The provisions of timely and accurate information and customer service. Strong internal reporting procedures. A commercial approach to information collection, analysis and presentation. Flexibility and a willingness to respond to changing customer needs. Overall Responsibilities : Responsible for the accounting function on all assigned centers including, but not limited to, profit and loss statement preparation, property recovery calculations and balance sheet reconciliations; Compilation of financial information for the monthly management reports (including commentary) and additional reports as required under management agreements with external owners or at Executive's request; Prepare Net Operating Income worksheets for assigned properties; Prepare annual recovery reconciliation work papers for assigned properties; Calculate annual escrow increases and budget recovery expense per sq ft; Assist in the preparation of annual budgets, ensuring accuracy of calculations and completeness of documents to allow for meaningful and accurate variance reporting in the actual year; Assist in the preparation of property forecasts to ensure forecast data accurately reflects the year-to-date position and likely income and expenditure for the remainder of the financial year; Ensure continual compliance with Management Agreements with external owners (where applicable) and individual retailer leases; Assist with disposition accounting; and Act as a liaison with all retailers in relation to Common Area Maintenance (including property tax and insurance) issues and disputes; Liaison with Collections Team members to ensure knowledge is transferred and tenant resolutions are appropriately communicated in a timely manner; Coordinate, review and resolve tenant audits; and Perform monthly % rent / % rent in lieu reconciliations for all tenants with View the full job description on the employer's website. Equal employment opportunity, including veterans and individuals with disabilities.
PI286099384 / 13-1111.00 Management Analysts

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