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Saul Centers, Inc.

Accounting Manager I

Company logo
Saul Centers, Inc.
Self‑managed equity REIT operating neighborhood shopping centers and mixed‑use properties.
Manages AP/AR and property accounting functions, supervising staff.
8d ago
$120,000 - $150,000
Intermediate (4-7 years), Experienced (8-12 years), Expert & Leadership (13+ years)
Full Time
Bethesda, MD
Onsite
Company Size
149 Employees
Service Specialisms
Property Development
Real Estate Investment
Retail Leasing
Management Services
Asset Management
Sector Specialisms
Community Shopping Centers
Neighborhood Shopping Centers
Office Properties
Real Estate Investment Trust (REIT)
Property Management
Leasing
Development
Real Estate Acquisition
Role
What you would be doing
payments processing
expense recovery
electronic payments
audit compliance
team management
training
  • Provide guidance and feedback to property accountants and lease analysts to ensure timely and accurate completion of daily responsibilities.
  • Review tenant accounts receivable reports and ensure timely and accurate application of tenant payments.
  • Review tax recovery and operating expense recovery accruals.
  • Review utility expenses and recoveries.
  • Execute on the department’s priorities through daily interaction, staff meetings, coaching and counseling.
  • Ensure effective and timely communication with tenants.
  • Train property accountants to ensure cross training on all functions.
  • Ensure timely and accurate payments.
  • Coordinate with internal treasury function and banks on positive pay and electronic payments.
  • Manage the Accounts Payable Specialist, Accounts Receivable Specialist, and Property Administrator positions.
  • Work with Controller to identify and implement improvements, especially with respect to the processing of electronic payments.
  • Document all activities appropriately to ensure compliance with Sarbanes-Oxley and an effective and successful audit.
  • Ensure compliance with Saul Centers’ internal controls over accounts payable, including proper account coding and approvals.
  • Review supporting monthly schedules for accuracy and completeness and agreement with the general ledger.
  • Review year end expense recovery billings to tenants, ensuring that they are completed both accurately and timely.
  • Backup the lease abstract and rent roll processes.
  • Build and maintain effective relationships with the accounting staff and with colleagues across the organization.
What you bring
excel
yardi
cpa
bachelor’s
5‑7 years
public accounting
  • 5 to 7 years of relevant accounting experience
  • Strong communication skills
  • Prior supervisory experience preferred
  • Strong Excel skills
  • CPA preferred
  • Able to meet multiple priorities and deadlines
  • Attention to detail
  • Prior public accounting experience preferred
  • Experience with Yardi
  • Bachelor’s Degree in Accounting
  • Working knowledge of applicable accounting standards
  • Real estate and accounts payable accounting experience preferred
Benefits
  • Tuition Reimbursement
  • Health/Medical Insurance including Dental and Vision
  • 401(k) with company match
  • Referral bonus
  • Monthly Employee Recognition Programs
  • Pre-tax transportation options
  • Paid time off
  • Discounts via the company’s EAP
  • On-premise full-service dining center discounts
  • Bonus/Target Incentive
  • Complimentary usage of modern in-house fitness center
Training + Development
Information not given or found
Company
Overview
Founded 1993
Company Formation Date
The year the company was established.
60 Properties
Shopping Centers & Developments
Number of shopping centers and mixed-use properties they manage.
85% Income
Revenue Source Breakdown
Percentage of income from metro D.C./Baltimore holdings, anchoring retail and neighborhood necessity services.
$250–270M
Annual Financial Overview
Annual revenue generated by the company.
  • Typical projects include community shopping centers anchored by grocery/pharmacy tenants, as well as mixed-use developments with office, retail, and residential components.
  • Notable developments include Twinbrook Quarter, a major mixed-use project combining supermarkets and residential units that has drawn regional attention.
Culture + Values
  • Integrity
  • Customer Focus
  • Community Engagement
  • Sustainability
  • Innovation
Environment + Sustainability
20% reduction
Energy Consumption Goal
Target to reduce energy consumption across the portfolio by 2025.
60% LEED Certified
Portfolio Standard
As of 2024, 60% of the portfolio meets LEED certification standards.
  • Invested $1 million in renewable energy projects; produced approx. 500,000 kWh clean energy in 2022
  • Achieved a 25% reduction in energy consumption across its properties compared to 2020 levels
  • No publicly disclosed carbon emissions data or formal net‑zero target available
Inclusion & Diversity
30% Women
Executive Committee Diversity
The executive committee demonstrates a gender distribution with 3 women and 7 men.
17% Women
Board Diversity
The board demonstrates a gender distribution with 2 women and 12 men.
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