In this role, you will:

Accountant

• Accept overall responsibility and ownership of accounting and financial reporting matters for assigned properties. This includes understanding information received from other shared services departments, having a strong working knowledge of such information, and critically analyzing the impact of such information on properties economically and from a financial reporting perspective. Examples include recovery accruals, accounts receivables, overage rent, straight-line rent, and fixed assets.
• Oversee application of GAAP for property including reconciling general ledger accounts. This includes inquiry of other departments regarding items affecting the general ledger that were prepared by other departments.
• Analyze in detail all factors affecting net operating income and net profit.
• Prepare analysis of partner distributions in relation to expected cash inflows/outflows and current cash position.
• Prepare accrual and general journal entries at month-end.
• Prepare financial statements monthly along with an electronic working paper package that contains variance comments quarterly and serves as a detailed audit trail.
• Prepare actual versus budget/prior year monthly analysis with variance explanations for property reports. Work effectively with the Property Manager to develop variance explanations.
• Prepare quarterly projections/budgets of accounting data for assigned properties.
• Manage and ensure payment of debt service, ground leases, real estate taxes, and other miscellaneous special payments. Analyze and reconcile related general ledger accounts monthly.
• Serve as primary liaison with Accounts Payable and Property Mall Team on general ledger coding questions.
• Research agreements, ordinances, etc. to ensure accurate calculations.
• Perform occasional special projects.
• Assist in year-end audit with outside auditors.
• Perform all other duties as assigned.

Cash Management Analysis (possible secondary duties):

• Perform Daily Cash Report duties.
• Enter approved wires in our various online banking systems and complete approved transfers between accounts.
• Settle intercompany account balances through inquiry of the general ledger and internal transfer of funds on a regular basis.
• Work collaboratively with Shared Service departments on transactions.
• Perform bank reconciliations for Company accounts through system software.
• Ensure interest and bank charges are properly recorded by the bank on all accounts.
• Handle situations and issues as they arise (e.g. potential overdrawn and ensuring wires and other transactions process on a timely basis, problems with interface between bank and general ledger, etc.).
• Assist in opening and closing of bank accounts

What you Bring:

• Bachelor's Degree in Accounting
• 1-2 years of relevant experience
• Strong understanding of accounting principles
• Proficiency in Excel
• Excellent communication skills and a team-oriented mindset
• Ability to identify, comprehend and solve problems through review of accounting and financial data

Why You’ll Love Working with Us:

We know our people make us who we are, and we take pride in recruiting and retaining the best and brightest employees from all backgrounds. We recognize the value of strengthening our workforce with diverse thoughts, voices, ideas and people. This makes our company a rewarding and energizing environment to work in.

As an employee with Macerich, you will also benefit from the following: 

• Best-in-class benefits with affordable employee contribution level
• Annual paid time off, including vacation time, 12 paid holidays and 80 hours of sick time annually
• 401K with a Company Match and Employee Stock Purchase Program
• 24 paid volunteer hours annually and employer charitable match benefit
• Calm and ClassPass membership
  
  

Why Macerich

We create places where people come together. Macerich is reinventing the retail experience bringing together the best of shopping, dining, office, multifamily and experiences to meet the needs of the communities we serve. Our properties some of the most vibrant, bustling cities across the country from New York to California, Macerich is setting the bar for transforming retail real estate into our vision for Regional Town Centers for everyone.