Manager, Technical Accounting & Reporting

Job Description

Job Description

The Manager, Technical Accounting & Reporting will serve as a key contributor to the timely and accurate production and analysis of GAAP-based financial statements and reports for BNL, including direct involvement with the quarterly external reviews, the internal audit, and the external year-end audit in collaboration with the Director, SEC Reporting & Technical Accounting and Chief Accounting Officer. The ideal candidate will thrive in the fast-paced, team-oriented environment of a publicly traded company, with the ability to implement best-in-class processes and procedures. This position is well suited for a self-starter who welcomes growth, change, and continuous improvement. This position reports to the Director, SEC Reporting & Technical Accounting.

Essential Job Duties & Responsibilities :

• Act as process manager for overall purchase price allocation (PPA) processes to include acquisitions accounting with fund allocations; Coordinate with internal underwriting and other external parties
• Perform lease (ASC 842) technical accounting conclusions and calculations, including : new leases arising from acquisitions, and modifications of existing leases with our tenants
• Assist in the quarterly impairment analysis process, including working with the Real Estate Investments & Operations teams to appropriately identify and analyze property impairment triggering events
• Contribute to the preparation, and review of financial statements and footnotes, including drafting of footnotes, in accordance with GAAP for a publicly traded REIT
• Prepare quarterly reporting calendar and proactively assist in the management of certain aspects of the financial reporting timeline
• Help coordinate compliance with Sarbanes Oxley, supporting, enforcing, and implementing internal controls
• Provide guidance and assistance as needed to colleagues performing accounting and financial reporting preparation duties
• Assist with annual external audit and quarterly review processes, as well as internal audits
• Draft white papers on technical accounting matters
• Work with third party valuation firms on purchase price allocations and stock-based compensation valuations
• Provide accounting support and guidance for complex business transactions
• Research and provide technical accounting guidance in accordance with U.S. GAAP
• Analyze new accounting standards applicable to the organization and guide the accounting team on their application
• Assist with updating and creating accounting policies and procedures required by either technical accounting, Sarbanes Oxley compliance, business, or internal control changes
• Help identify and develop best-in-class workflow improvements and / or efficiencies; recommend improvements as needed to ensure accurate financial reporting, ensure adequate controls, policies and procedures are in place, and ensure the department has the ability to scale with the company’s growth
• Develop an understanding of resource needs and requirements, balanced with evaluation of process efficiencies and enhancements, to recommend when additional support or expertise is needed
• Partner with the IT / IS department to drive accounting software and system implementation and improvement efforts
• Participate in and lead projects from an accounting perspective that arise as a result of business requirements, such as implementation of new software or process improvements related to the financial reporting and technical accounting function
• Executes duties and maintains standards in accordance with company policies and procedures
• Additional duties as required
• Overtime hours may be required as job duties demand

Skills / Qualifications :

Education / Experience :

Environment and Physical Demands :

The above description is not intended to define, in detail, the multitude of tasks that may be assigned, but rather to provide a general sense of the responsibilities and expectations of the position. As the nature of business demands change, so too may the functions of this position.

Our employees are our most valuable assets. To reward their commitment, we strive to provide a competitive and flexible mix of total rewards that have their best interests in mind and enhance our employee-centric culture.

The base salary range for this role is : $90,000 - $110,000. This range is Broadstone’s good faith estimate of the annual base salary it reasonably expects to pay for the position at the time of this posting. There are several factors taken into consideration in making compensation decisions including but not limited to the individual’s experience, skillset, relevant education & certifications, job-related knowledge, location, and other relevant factors identified through the recruitment & selection process.

The stated salary range does not include other forms of compensation or benefits offered in connection with the advertised role, such as performance-based cash bonuses and restricted stock grants. To learn more about Broadstone’s comprehensive total rewards visit www.broadstone.com / careers.