Accountant II at B. F. Saul Company

Bethesda, Maryland, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Property ManagementIndustries

Requirements

Four-year Degree in Accounting or Finance required
2-5 years training as an Accountant, experience in real estate environment preferred
CPA preferred
Knowledge of Yardi Software
Intermediate Excel spreadsheet skills
Strong analytical skills
Strong organizational skills
Punctual, dependable, and reliable
High level of interpersonal communication skills; ability to handle sensitive and confidential situations
Demonstrated poise, tact, and diplomacy
Ability to deal effectively and tactfully with a wide variety of individuals in person, via telephone and in writing
Ability to work in a positive and cooperative manner with fellow team members
Strong attention to detail in composing, typing, proofing materials, and abstracting lease data
Capability to work independently in a fast-paced environment with demonstrated ability to establish priorities and manage multiple competing tasks, demands, and deadlines

Responsibilities

Complete the monthly close, prepare property operating statements, book monthly accruals, and provide explanations for budget to actual variances
Prepare monthly account reconciliations and supporting schedules
Research inquiries from senior management during the monthly and quarterly closes
Prepare tax and operating expense recovery billings
Abstract lease documents into the accounting ledger
Review and post monthly fixed charges and send courtesy statements
Apply cash to tenants’ accounts receivable and correspond with tenants regarding their accounts
Collaborate with Collections and Property Management departments to provide information and resolve tenant inquiries as needed
Assist with training of other accountants
Assist with special projects or assignments, as necessary
Responsible for all aspects of property accounting for a complex portfolio of properties, extracting financial data for input into the accounting system, monitoring tenant accounts and managing tenant relationships
Assists in month end close and additional technical accounting tasks as necessary

Skills

Property Accounting

Month-End Close

Account Reconciliations

Lease Abstraction

Accruals

Budget Variance Analysis

Tax Billings

Operating Expense Recovery

Tenant Account Management

B. F. Saul Company

Operates business-class hotels and accommodations

About B. F. Saul Company

B.F. Saul Company Hospitality Group operates a range of business-class hotels, primarily targeting business travelers while also accommodating leisure guests. They manage hotels under well-known brands like Intercontinental, Marriott, Leading Hotels of the World, Best Western, and Hilton, which helps attract a diverse clientele seeking reliable lodging. The company focuses on owning and operating these branded hotels to ensure consistent quality and service. Revenue comes from room bookings, hosting conferences and events, and offering dining and recreational services. With a dedicated team of nearly 1,400 professionals, the company emphasizes quality and teamwork in its operations, aiming to provide exceptional guest experiences.

Bethesda, OhioHeadquarters

1892Year Founded

VENTURE_UNKNOWNCompany Stage

Real EstateIndustries

51-200Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Short & Long Term Disability

Paid Vacation

401(k) Retirement Plan

Paid Life Insurance

Tuition Reimbursement

Risks

Increased competition from boutique hotels may attract business travelers seeking unique experiences.

Remote work trends could reduce demand for business travel, impacting hotel bookings.

Significant investment in green technologies may be required to meet sustainability expectations.

Differentiation

B.F. Saul Company leverages over a century of experience in hospitality management.

The company operates under renowned brands like Marriott and Hilton, ensuring quality service.

Strategic hotel locations cater to business travelers attending conferences and meetings.

Upsides

Growing demand for sustainable practices aligns with B.F. Saul's commitment to quality service.

'Bleisure' travel trend offers opportunities for extended stay packages and increased revenue.

AI and IoT integration can enhance guest experiences and operational efficiency.

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