Realty Income, The Monthly Dividend Company®, one of four San Diego based S&P 500 companies dedicated to providing shareholders with dependable monthly income. Our company is structured as a REIT, and its monthly dividends are supported by the cash flow, over 6,500 real estate properties owned under long-term lease agreements with regional and national commercial tenants. To date, our company has declared over 600 consecutive common stock monthly dividends throughout its 52-year operating history and has continually increased the dividend since Realty Income's public listing in 1994 (NYSE: O). Our company attracts individuals who value integrity, perseverance, and teamwork. If you appreciate working on a truly collaborative team in a professional environment in a company that encourages a work-life balance, make sure to apply today!
As Realty Income’s Senior Property Accountant, you will be responsible for preparation and review of monthly financial reports and analysis at the property level. Reporting to the Vice President, Assistant Controller, an aptitude for growth will be the driving force of your role. A proven track record in Property Accounting, fueled by a team-based atmosphere, will allow you to hit the ground running day one!
Your Contribution to the Team Includes
Complete month-end close procedures and accurately reconcile balance sheet and applicable income statement accounts to meet company’s reporting deadline.
Review new leases and lease amendments. Calculate straight-line rent, Right of Use assets/Lease liability, Sale leaseback off market rent amortization in the accounting system.
Gather collectability data, calculate, and post allowance for bad debt.
Analyze and interpret GL data to ensure proper revenue recognition.
Prepare schedule for unrecorded payables and contingent liabilities.
Assist in fixed assets schedules preparation.
Prepare budget vs. actual financial variance schedules and work with Property Managers, Finance and Lease Administrators to provide accurate fluctuation analysis.
Prepare supporting schedules for 10Q/K disclosures.
Budgeting and Forecasting
Support Property Management and Finance teams in property budgeting and forecasting process.
Assist in audits and analysis of property-level financials, as wells as walk through of internal controls.
Document accounting procedures and processes.
Review current processes for improvement.
Work with external and internal team to resolve Yardi issues.
Support/Back Up other property accounting functions as needed.
Test the implementation of new Yardi modules.
Performs other special projects as assigned.
Ability to handle large quantity of data and share process improvements throughout cross business team.
What You’ll Need to be Successful
4 year Bachelor degree from an accredited college or university, with an emphasis in accounting, finance or related field.
5+ years of relevant work experience, public accounting experience highly preferred.
Real estate industry experience is highly preferred.
Previous experience with Yardi ERP system is preferred.
Previous experience with large data requirements is preferred.
Certified Public Accountant license is preferred
Clear understanding of GAAP and lease accounting.
Must be organized, detailed, flexible, efficient and take ownership of own work product.
Ability to work under pressure and adhere to strict deadlines.
Strong analytical and communication skills.
Advanced Microsoft Excel skills.
In response to COVID-19, Realty Income has maintained our business operations and have open opportunities, yet made necessary adjustments to our hiring process. We are conducting all steps of the interview process in a virtual capacity. In response to California’s Stay at Home order and other states with similar provisions, our employees will continue to work remotely until these restrictions have been lifted and it is safe to work in an office again. Realty Income has endeavored to be adaptable and strategic in our capacity to maneuver in an unfamiliar situation, and we pride ourselves on our resilience. We immensely appreciate both your flexibility and consideration of Realty Income for employment.
To all recruitment agencies; Realty Income does not accept unsolicited agency resumes. Please do not forward resumes to our job’s alias, Realty Income employees, or any company location. Realty Income is not responsible for any fees related to unsolicited resumes.
About Realty Income
Realty Income (NYSE: O), founded in 1969, is an S&P 500 company dedicated to providing shareholders with dependable monthly income. The revenue to pay monthly dividends is generated from over 6,000 commercial properties in 49 states, Puerto Rico, and the United Kingdom that we own under long-term leases, primarily with large commercial enterprises that operate multiple locations. Our shares are traded under the ticker symbol “O” on the New York Stock Exchange.
Realty Income supports racial justice and equality for all. Respect, integrity, humility, diversity, and inclusion remain core values to us because how we act is as important as what we accomplish. We want to champion bringing meaningful progress. Uncompromising change must address and eliminate the systemic issues found in our institutions and society. We must challenge our own biases.
Corporate leadership starts with us.
Each day this journey begins with educating ourselves so that we can bring the best version of us to our colleagues and other stakeholders. We are committed to action by holding uncomfortable conversations and offering financial support to nonprofits advocating and advancing racial justice. We em...pathize with those impacted by prejudice and recognize our responsibility to support initiatives promoting a corporate culture and society that strives for equal opportunity for all. We will continue to foster inclusion within our teams and offer allyship to all who share this vision.
For more information about Realty Income please visit us at www.realtyincome.com.