DEFINITION:

Under general supervision, the Accounting Director performs accounting and financial reporting functions and maintains accounting records for assigned properties. In addition to performing routine tasks, such as producing monthly financial statements, the Accounting Director also manages budgets, oversees cash flow, and handles complex accounting matters, including CAM reconciliations and forecasting.

DISTINGUISHING CHARACTERISTICS:

Work varies, but is generally governed by department rules, regulations and operating procedures, with job performance reviewed regularly by the Controller. The Accounting Director is expected to act with a great deal of independence and initiative in daily performance of their duties, continuously demonstrating and maintaining proficiency in all accounting-related tasks, while working in harmony with fellow employees and fostering teamwork whenever possible.

KNOWLEDGE, ABILITIES AND SKILLS REQUIRED:

• Knowledge of modern office practices, procedures and equipment

• Working knowledge of English grammar, usage and spelling

• Ability to determine priorities among simultaneous requests and messages

• Ability to perform assigned duties with minimal supervision

• Ability to learn new procedures and adapt existing ones to new situations

• Ability to follow oral and written instructions

• Ability to establish and maintain effective, cordial, working relationships

• Strong organization, initiative, and problem-solving skills

• Strong written and verbal communication skills

• Ability to meet deadlines

• Excellent computer skills - experienced with Accounting systems, Excel, and other Office 365 products

• Experience with MRI Real Estate Accounting software a plus

ESSENTIAL ATTRIBUTES:

EXAMPLES OF WORK PERFORMED:

Note: The listed duties are only illustrative and are not intended to describe every function that may be performed by this job class. The omission of specific statements does not preclude management from assigning specific duties not listed if such duties are necessary to the overall mission of the companies.

• Month end close – Complete month end close in accordance with the monthly accounting calendar; includes oversight of the A/R and A/P close and creation of all month end journal entries.

• Monthly Reporting Package – Produce the standard monthly reporting package for review by Controller, budget managers and the Executive Committee. Included in this package are financial statements, sales information, CAM schedules, capital expenditure activity, variance analysis, etc.

• AR/AP – Work with and direct these department personnel to ensure property AR and AP processes are handled in a timely and effective manner.

• Fixed Asset Accounting – Maintain property fixed asset activity in FAS system and reconcile FAS reports to the general ledger.

• Deferred Costs and Prepaid Expenses – Track and depreciate/amortize as required on a monthly basis.

• Account Reconciliations – Bank accounts and other balance sheet accounts are to be reconciled on a monthly basis.

• Collections – Coordinate monthly A/R meetings and provide accounting information, analysis, and support on collection issues; coordinate follow-up with A/R staff on collection issues and tenant account review and reconciliations.

• Cash Management – Maintain cash management schedules and projections.

• Legal documentation, lease administration, and compliance – Understand legal agreements associated with assigned properties; understand all financial aspects of leases and ensure all leases are properly set up in MRI in compliance with lease documents; prepare necessary reports coinciding to specific requirements of various agreements.

• Budgets and Forecasts – Coordinate the collection and compilation of budget data for preparation of annual plans and budgets. Work with budget managers throughout the year to gather information for preparing and updating budgets, forecasts, and projections.

• State and Local Tax Compliance – Ensure timely compliance with state and local reporting requirements as applicable.

• Tax and Audit Support – Prepare schedules and reports for external auditors and tax accountants; provide assistance to them in answering questions and compiling information.

• Loan Compliance - Prepare financial reports associated with lender financing requirements.

• Sales – Review and analyze sales data on a monthly basis to ensure percentage rent is paid correctly based on tenant sales applicable to assigned properties.

• Other – Miscellaneous projects and tasks as assigned.

MINIMUM QUALIFICATIONS FOR APPLICATION:

Education: 4-year Accounting Degree, CPA preferred

Experience: 5+ years of experience in accounting

Special note: Successful candidates will be required to pass a background check, including credit report and drug screen.

This job description does not create any contract rights. Kemper Development Company, (KDC), and the employee are free to terminate the employment relationship at any time without cause or notice. This at-will employment relationship cannot be altered except by written agreement executed by the employee and the President of Kemper Development Company. This policy will be strictly adhered to and is for the benefit of both the employee and KDC.