Job Description
Qualifications
Bachelor’s degree in accounting, Finance, or a related field
Strong accounting background
Minimum of 5 years of experience in real estate accounting or a similar role
Strong knowledge of GAAP and real estate accounting principles
Proficiency in accounting software and Microsoft Office Suite
Excellent analytical, organizational, and communication skills
The ability to work independently and as part of a team
Experience with real estate accounting software like MRI and NEXUS can be beneficial
Strong computer skills, especially in Excel and other Microsoft applications
Ability to prioritize, multi-task, and work in a fast-paced environment
Excellent communication and interpersonal skills
Responsibilities
The successful candidate will be responsible for managing the financial and accounting operations of the properties and requires a strong understanding of real estate accounting, financial reporting, and portfolio management
The Development Financial Manager will play a critical role in optimizing financial performance across our asset portfolios
Oversee financial operations of real estate assets, including budgeting, forecasting, and financial analysis
Prepare and analyze monthly, quarterly, and annual financial statements for the property portfolio
Develop and maintain budgets, forecasts, and financial models to support strategic planning and decision-making
Manage accounting for construction projects, ensuring accurate cost tracking and reporting
Oversee the accounts payable and receivable processes, ensuring timely and accurate payments and collections
Maintain and reconcile the general ledger, ensuring accuracy and compliance with accounting standards
Manage tenant billing, lease administration, and rent collection, ensuring compliance with lease agreements
Conduct variance analysis to identify and explain discrepancies between actual and budgeted financial performance
Coordinate with external auditors and ensure compliance with all regulatory requirements and internal policies
Provide financial analysis and insights to support property management and investment decisions
Monitor and manage cash flow to ensure the financial stability of the property portfolio
Work closely with 3rd party property managers, leasing agents, and other stakeholders to ensure the financial success of the property
Help with administrative duties including organizing lease, contract and transaction documentation, and other relevant transaction support in an organized and thorough manner
Act as a liaison with clients, auditors, and legal counsel, assisting in client audit procedures
Job description
About Us:
Specialty Restaurants is a leader in the hospitality industry, managing iconic restaurants and event spaces across the country. Our portfolio includes some of the most celebrated dining destinations, each offering exceptional cuisine, breathtaking views, and a memorable guest experience. In addition to our diverse restaurant concepts, SRC also manages an extensive real estate portfolio, including prime waterfront properties and landmark locations. Specialty Restaurants has a rich legacy that also extends into aviation, with roots tracing back to our founder. This history continues to inspire us in our pursuit of innovation and excellence in all areas of our business. We are dedicated to delivering extraordinary guest experiences and upholding our commitment to quality and service across our properties.
Job Summary:
The successful candidate will be responsible for managing the financial and accounting operations of the properties and requires a strong understanding of real estate accounting, financial reporting, and portfolio management. The Development Financial Manager will play a critical role in optimizing financial performance across our asset portfolios.
Essential Job Duties:
• Oversee financial operations of real estate assets, including budgeting, forecasting, and financial analysis.
• Prepare and analyze monthly, quarterly, and annual financial statements for the property portfolio.
• Develop and maintain budgets, forecasts, and financial models to support strategic planning and decision-making.
• Manage accounting for construction projects, ensuring accurate cost tracking and reporting.
• Oversee the accounts payable and receivable processes, ensuring timely and accurate payments and collections.
• Maintain and reconcile the general ledger, ensuring accuracy and compliance with accounting standards.
• Manage tenant billing, lease administration, and rent collection, ensuring compliance with lease agreements.
• Conduct variance analysis to identify and explain discrepancies between actual and budgeted financial performance.
• Coordinate with external auditors and ensure compliance with all regulatory requirements and internal policies.
• Provide financial analysis and insights to support property management and investment decisions.
• Monitor and manage cash flow to ensure the financial stability of the property portfolio.
• Work closely with 3rd party property managers, leasing agents, and other stakeholders to ensure the financial success of the property.
• Help with administrative duties including organizing lease, contract and transaction documentation, and other relevant transaction support in an organized and thorough manner.
• Act as a liaison with clients, auditors, and legal counsel, assisting in client audit procedures.
Qualifications:
• Bachelor’s degree in accounting, Finance, or a related field.
• Strong accounting background
• CPA or CMA certification preferred.
• Minimum of 5 years of experience in real estate accounting or a similar role.
• Strong knowledge of GAAP and real estate accounting principles.
• Proficiency in accounting software and Microsoft Office Suite.
• Excellent analytical, organizational, and communication skills.
• The ability to work independently and as part of a team.
• Experience with real estate accounting software like MRI and NEXUS can be beneficial.
• Strong computer skills, especially in Excel and other Microsoft applications.
• Ability to prioritize, multi-task, and work in a fast-paced environment. Excellent communication and interpersonal skills.
Disclaimer: The above job description is meant to describe the general nature and level of work being performed; and is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required for the position.
We are an Equal Opportunity Employer. We recognize that people are our finest asset. It is our policy to provide equal employment opportunities to all individuals, regardless of race, creed, color, religion or belief, national origin, sex, ancestry, age, marital status, veteran status, disability, medical condition, gender identity or ****** orientation or any other classification protected by law.
Specialty Restaurants Corporation maintains a drug free workplace. The Company will consider for employment qualified applications with criminal histories in a manner that is consistent with local, state, and federal law. All job offers are contingent upon successfully passing of a background check.
