CORPORATE ACCOUNTANT III, CORP ACCTG

The Corporate Accountant III is responsible for maintaining financial records for USA Properties Fund, Inc., including properties in predevelopment and guidance to junior accountants (Corporate Accountants I and II). Incumbents must be familiar with all aspects of construction and financial accounting. The Corporate Accountant III is principally responsible for the accounting functions of monthly financial reporting preparation, posting transactions, running reports, reconciling accounts, and interacting with internal and external parties on financial planning and analysis.

The Corporate Accountant III customarily and regularly exercises discretion and independent judgment and is responsible for, among other things,

• Managing the entire month end close process and creating monthly financial statements for multi-entity corporation
• Maintaining balances in bank accounts in accordance with liquidity requirements
• Overseeing compliance with regulatory requirements and coordinate audits
• Reconciling and preparing the general ledger and providing full documented support for the reported balances
• Mentoring and directing junior accountants (Corporate Accountants I and II) on assigned tasks
• Assisting with the closing of various real estate transactions including land acquisition, bond financing, permanent loan conversion, and asset disposition

Reports to: Corporate Controller

Supervisory Responsibilities: This position has project supervisory responsibilities

Job Classification: Regular, Full Time, Exempt

JOB DUTIES AND RESPONSIBILITES:

• Knowledge of accounting principles applicable to daily operations
• Prepare monthly journal entries, accruals, and reconciliation reports
• Process monthly, quarterly, and annual financial statement preparation
• Liaison between lenders, investors and USA in conjunction with closing of real estate transactions
• Prepare expense allocation spreadsheet to collect receivables due from affiliates
• Producing monthly capital requests for preconstruction projects governed by cost sharing development agreements
• Maintain allocation spreadsheets for splits between corporate and partnership entities
• Maintain corporate lease file summary schedule
• Maintain and keep updated accounts payable policies and procedures documentation
• Works closely with Project Managers and Development Managers to reconcile job cost status report for projects in predevelopment
• Lead preparing and auditing materials requiring analysis of supporting documents and ensures that all entries are entered into the system accurately
• Review information required for the final cost certification and submittal of the Placed-in-Service Package and prepare submission to applicable CPA firm or agency
• Review information for capital contributions requests and loan conversions and facilitate completion of transaction
• Assist with the preparation of year-end audit and tax return work papers
• Assist with corporate cash flow budgeting and forecasting
• Generate and issue various reports to stakeholders and affiliates within the required due date parameters
• Maintains spreadsheets and/or tracking logs as required by department operations, and
• Performs all other duties as necessary to ensure sound accounting practices at the assigned properties.

REQUIRED SKILLS, QUALIFICATIONS AND ABILITIES:

To perform this position successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Senior-level, at least 5 years of work experience in a similar or related position with a four (4) year college degree and/or equivalent work experience accounting. Real estate development and public accounting experience is desired.

Ability to analyze and interpret documents such as loan and partnership agreements, operating, procedural manuals, and safety documents. Ability to write routine reports and correspondence. Strong leadership and mentoring abilities. Ability to interact/communicate effectively in a professional and pleasant manner with Vendors, Affiliates, Stakeholders, Corporate Shareholders and Company Employees.

Knowledge of advanced accounting principles and General Ledger activity. Ability to effectively

reconcile account balances, calculate figures and amounts, and apply basic math concepts.

Proficiency in advanced accounting software and financial systems. Ability to operate proficiently within Microsoft Office Programs such as Excel, Word and Outlook and the in-house property management software program. Ability to operate a 10-key with speed and accuracy, fax, copier/scanner, telephone, personal computer, and typewriter.

Ability to apply principles of logical thinking to a variety of practical situations and accurately

follows standardized procedures that may occasionally call for minor deviations. Must be able to

think rationally beyond a specific set of instructions. Must be able to work at a fast pace, perform

duties while under pressure and meet deadlines in a timely manner.