Our client is one of Florida’s largest privately held and most successful shopping center developers and retail property managers with approximately 6 million square feet of retail space and approximately 1.5 million square feet in development. This position will report directly to the Chief Operating Officer and Ownership.
The responsibilities include, but will not be limited to:
Management of accounting department staff, and secretary. This responsibility includes recruiting, evaluation, training and development of goals and objectives for each member in the accounting department.
Act as a source of financial support to the principals of the company and other company departments. This support includes technical, accounting, taxation, and managerial support.
Development of an effective financial reporting department that can report accurate and timely financial information both internally to company management and externally to company's clients, partners, investors, associates, and financial institutions.
Maintain a thorough understanding of company debt and individual debt instruments in place along with strong understanding and work with outside lending institutions on new loan and other debt instruments
Evaluate, review, and upgrade the current financial reports available internally. One of the primary responsibilities is monitoring the liquidity of all assets managed by the company, debt service obligations, reimbursement of expenses incurred on behalf of managed properties, fee collection, compliance with lender and governmental commitments.
Review and re-evaluate our financial reporting package used for presentation to potential clients, banks and mortgage companies.
Development of a complete financial reporting procedures manual detailing the accounts payable, accounts receivable, general ledger, financial reporting, construction accounting and computer policies and procedures.
Manage the budgeting process for the company and all of the shopping centers owned and managed.
Manage financial reporting aspects of Joint Venture reporting and performance analysis.
Prepare Board of Directors level monthly, quarterly and annual reports and narratives.
Evaluate, review and redevelop company's internal accounting controls to insure the safeguarding of all company assets, as well as those of our properties and clients.
Administer cash management procedures with the objective to evaluate current cash positions, future needs, sources and uses, and investment options.
Act as a liaison with the company’s clients, lenders, partners and associates.
Supervision of the accounts payable process. This responsibility includes the systematic documentation, review and verification of adherence to the accounts payable procedures, in addition to the oversight of the accurate and timely payment of all corporate and property bills.
Supervision of the accounts receivable process. This includes oversight of the accurate and timely reporting of amounts due to the company and its owned and managed properties.
Coordinate the supporting accounting function handled at any future off site locations.
Ultimate responsibility for the administration of the payroll function. This responsibility includes the preparation of appropriate state, federal and local tax payments, and filing of appropriate documentation. We currently utilize an outside payroll service.
Re-evaluate and redevelop (as warranted) the construction accounting process. This includes development of construction budgets, construction draw packages and reporting on the progress of any development project on a monthly basis.
Interaction and coordination with company’s outside audit firm.
Understanding of trusts and other ownership structures related to real estate ownership, generational gifting and other areas of planning
Administer short, mid and long term “Sources and Uses” forecasting
Responsibility for the research and ultimate implementation of tax sheltering techniques to be utilized by the company.
Responsibility for timely calculation, payment and reporting of any income tax obligations of the company, its holdings or properties managed.
Knowledge and administration of depreciation and basis calculations.
Oversee company's 401K/Profit Sharing Plan.
Bachelor’s Degree required; Advanced Degree a plus.
10 years’ accounting experience.
5 years’ experience in the field of Commercial Real Estate preferred.
Excellent interpersonal and written communication skills.
Excellent leadership and managerial skills.
Ability to be prompt and punctual in responses and all assigned tasks.
Ability to adapt to a fast-paced environment and perform with professionalism, accuracy and integrity.
Poline Associates is an international executive search firm specializing in the shopping center industry.We serve property owners, developers, retailers and service providers who are seeking remarkable talent and work to align them with candidates who are eager for new growth opportunities. Since 1979, our team has been connecting companies and candidates with a commitment to integrity and client satisfaction—making us the industry’s most trusted leader in recruitment.