
Staff Accountant II – Royalty Accounting
Avolta
full-time
Posted on:
Location Type: Office
Location: Bethesda • Maryland • United States
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Salary
💰 $64,100 - $75,400 per year
About the role
- Performs landlord lease and sublease accounting processes, completing rent calculations, reconciliations, and compliance reporting while providing a high-level of customer support to landlords and subtenants.
- Collaborates with Operations Controllers to ensure the accuracy of the financial books, partnering with Business Development and Legal to ensure compliance with contractual rent terms and lease agreements
- Provides accounting assistance in the rent and subtenant departments within Corporate Accounting, including journal entries, reconciliations, and variance analysis
- Supports lease reporting activities through data analysis, technology solutions, and interpretation of lease terms
- Assists with creating and amending leases, verifying accuracy and integrity of sales mapping tables and rent calculation parameters
- Responds to landlords and sublandlords, Development, Development Finance, Operations, and other stakeholders regarding rent-related inquiries, audits, and reporting requirements
- Maintains strong working relationships with landlords and sublandlords to resolve rent-related matters, address disputes, and ensure timely resolution of issues
Requirements
- Requires 5 years of experience engaged in delivering accounting programs; rent accounting experience strongly preferred
- A bachelor’s degree in a program related to the functional area can count for 3 of the 5-year requirement
- 3+ years of hospitality, F&B and/or retail experience
- Strong knowledge of GAAP principles and their practical application
- Knowledge of state and federal tax regulations and statutes
- Solid Excel skills including pivot tables, VLOOKUP, and data analysis functions
- Experience with PeopleSoft Financials and SAP a plus
- Analytical skills to interpret financial data, identify root causes of variances, and develop solutions
- High level of accuracy in work product with strong quality control mindset
- Flexibility to adjust to changing priorities; ability to manage multiple priorities and meet tight deadlines
- Business acumen and also has the mindset required to understand the long-term implications of accounting to advance the organization’s goals
Benefits
- Health, dental and vision insurance
- Generous paid time off (vacation, flex or sick)
- 401(k) retirement plan with company match
- Company paid life insurance
- Tuition reimbursement
- Employee assistance program
- Training and exciting career growth opportunities
- Referral program – refer a friend and earn a bonus
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
rent accountingjournal entriesreconciliationsvariance analysisdata analysisGAAP principlesstate tax regulationsfederal tax regulationsExcelfinancial reporting
Soft Skills
customer supportcollaborationanalytical skillsaccuracyquality controlflexibilitytime managementbusiness acumenproblem-solvingrelationship management