Accounting Manager I
Saul Centers, Inc.
Oversee AP/AR, review property financials, supervise staff, support accounting leadership.
14 days ago ago
$120,000 - $150,000
Intermediate (4-7 years), Expert & Leadership (13+ years), Experienced (8-12 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
accounts payable
accounts receivable
electronic payments
tax recovery
sox compliance
lease abstract
- Review tax recovery and operating expense recovery accruals.
- Ensure effective and timely communication with tenants.
- Review tenant accounts receivable reports and ensure timely and accurate application of tenant payments.
- Work with Controller to identify and implement improvements, especially with respect to the processing of electronic payments.
- Manage the Accounts Payable Specialist, Accounts Receivable Specialist, and Property Administrator positions.
- Build and maintain effective relationships with the accounting staff and with colleagues across the organization.
- Document all activities appropriately to ensure compliance with Sarbanes-Oxley and an effective and successful audit.
- Review supporting monthly schedules for accuracy and completeness and agreement with the general ledger.
- Train property accountants to ensure cross training on all functions.
- Backup the lease abstract and rent roll processes.
- Manage the Accounts Payable function:
- Ensure timely and accurate payments.
- Manage the Accounts Receivable function:
- Execute on the department’s priorities through daily interaction, staff meetings, coaching and counseling.
- Review utility expenses and recoveries.
- Ensure compliance with Saul Centers’ internal controls over accounts payable, including proper account coding and approvals.
- Provide guidance and feedback to property accountants and lease analysts to ensure timely and accurate completion of daily responsibilities.
- Review year end expense recovery billings to tenants, ensuring that they are completed both accurately and timely.
- Coordinate with internal treasury function and banks on positive pay and electronic payments.
- Review monthly property operating statements:
What you bring
cpa
yardi
excel
accounting degree
public accounting
real estate
- Bachelor’s Degree in Accounting
- Strong communication skills
- Experience with Yardi
- Strong Excel skills
- Real estate and accounts payable accounting experience preferred
- Prior public accounting experience preferred
- Able to meet multiple priorities and deadlines
- Prior supervisory experience preferred
- 5 to 7 years of relevant accounting experience
- CPA preferred
- Working knowledge of applicable accounting standards
- Attention to detail
- Paid time off
- Referral bonus
- Pre-tax transportation options
- Tuition Reimbursement
- Health/Medical Insurance including Dental and Vision
- On-premise full-service dining center discounts
- Monthly Employee Recognition Programs
- Complimentary usage of modern in-house fitness center
- Bonus/Target Incentive
- 401(k) with company match
- Discounts via the company’s EAP
Information not given or found
Interview process
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Visa SponsorshipInformation not given or found
Security clearanceInformation not given or found
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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.
- Integrity
- Customer Focus
- Community Engagement
- Sustainability
- Innovation
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
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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