Director of Accounting | Corporate Office (Hybrid Role)

Job Summary

The Director of Accounting is responsible for the overall activities of property accounting functions.

Essential Functions

Property Accounting

• Responsibilities include the supervision of detailed monthly analysis of revenue and expense accounts, coordination of all financial reconciliations.
• This position also supervises and reviews all accounting activities related to Camden’s monthly retail operations to include review and approval of all straight-line rent calculations and bad debt reserves.
• Review and approval of teams’ recurring and daily journal entries.
• Review of assigned accounts balance sheet reconciliations for accuracy and viability.
• Review of SOX controls for those areas of property accounting.
• Review the preparation of retail annual operating budgets to assure proper straight-line rent accounting.
• Examine the annual calculations of CAM reconciliations for various retail tenants.
• This position also is directly involved with the real estate investment department for the calculation of prorated amounts of revenues and expenses for community purchases and dispositions.
• Assist with internal and external audit inquiries.
• This position performs special projects as assigned.

Construction/Fixed Asset Accounting

• Supervise the review of daily purchase orders and invoices coded to capital accounts to ensure proper capitalization.
• Review and approve daily project and fixed asset journal uploads.
• Review depreciation trend analysis for reasonableness.
• Review capitalized interest and real estate tax worksheets for proper project costs.
• Review building turn costs moving from CIP to depreciable assets due to units transferred to operations from construction.
• Review and approval of teams recurring and daily journal entries.
• Prepare/review various memo’s covering many construction and fixed asset areas to include not limited to time allocation, impairment analysis, warranty reserves and capitalized costs.
• Review of assigned accounts balance sheet reconciliations for accuracy and viability.
• Review of SOX controls for those areas of property accounting.
• Meet and review annual capital improvement chart of accounts with facilities department.
• Review the assumptions and calculations for next year’s budgeted real estate and non-real estate depreciation.
• Complete Schedule III of the Form 10-K. Compile next year’s budget for REI time allocation percentages by quarter.
• Compile next year’s budget for department cap allocation.
• Upon the purchase of an operating community, calculate and document purchase price allocation.
• Review preparation of turn schedule just prior to a construction project turning units to operations.
• Assist with internal and external audit inquiries.
• This position performs special projects as assigned.

Qualifications

• Bachelor’s in Accounting
• 5-10 years related industry experience
• Microsoft Office Suite
• 5 years Supervisory Experience

And here’s the fine print HR wants you to know:

• Job is intermittently sedentary but requires mobility (i.e., climb stairs)
• Will use some repetitive motion of hand-wrist in using computer and writing
• Works in a typical office setting
• Emotional stability and personal maturity are important attributes in this position
• Must handle stressful, urgent, novel and diverse work situations on a daily basis
• May require long hours and odd schedules (including weekends)
• Position requires periodic travel by automobile to handle work-related activities
• May require airline travel, out-of-town and /or overnight trips
• Attendance and punctuality is essential for success in this position
• Hazards can be minimized with proper lifting techniques, SDS, general safety training, and wearing appropriate PPE
• Contact your HR team for the position’s Physical Demands Analysis

This job description is not an all-inclusive list of duties and responsibilities. Camden may add or change responsibilities in order to meet business and organizational needs. Employees must meet qualification standards that are job-related and consistent with business necessity and must be able to perform the essential functions of the position, with or without reasonable accommodations.

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