Are you ready to join an exciting, growing and well-established company that honors integrity, recognizes hard work, rewards achievements and fosters career growth? If you are, Highwoods Properties, a large, publicly traded full-service real estate company, may be your next and best career move. Our company offers a dynamic, fast-paced environment that promotes teamwork, creativity and collaboration. Take the next step and see what Highwoods is all about. Currently, we are seeking a qualified individual to join us in our Raleigh, NC corporate office as a Property Accountant.

Selected candidate will be responsible for managing the financial accounting (accrual basis) of an assigned portfolio of properties in a fast paced environment. This position will be primarily responsible for (1) generating building level financial statements and variance analysis for Senior Executives and Business Operations personnel; (2) researching and analyzing specific property information and trends for ultimate use in reports for investors, banks, and other regulatory agencies; and (3) recording building expenses, and verifying invoices. These financial accounting responsibilities will be performed to comply with Generally Accepted Accounting Principles and the Company's Sarbanes-Oxley internal control documentation. This position will interact with other corporate departments and field personnel related to the assigned portfolio.

Responsibilities will include:

• Obtain, review and analyze property lease agreements, including: review of new leases, amendments, modifications, renewals, and termination agreements
• Verify fully executed lease documents to approved lease parameters
• Determine applicable lease information for use in calculating the net effective rent for each new lease
• Calculate operating expense reimbursement billings (estimates, reconciliations, and year-end accruals) for specific properties, taking into consideration budgets, adjusting for occupancy, specific expense exclusions and other clauses
• Determination of monthly revenue and expense accruals based on an analysis of trends, timing and general ledgers of assigned portfolio; requires the ability to interact with operations personnel and translate discussions into impactful accounting decisions
• Review building expenses for proper coding and research variances, engaging with field personnel to resolve potential issues/discrepancies
• Perform operating revenue and expense variance analysis, comparing multiple periods as well as forecasted and actual results for use by field personnel and executive management
• Provide recovery analysis for discretionary building costs to help optimize recoverability which includes discussions with property managers to understand the impact of certain costs
• Review of annual building budgets; understanding year over year changes and trends
• Prepare Building-level entries, reconciliations and reports: i.e., balance sheet account reconciliations, occupancy statistics, terminations/early move-outs

Requirements

This position requires a detail-oriented individual with the ability to analyze a significant volume of financial information, including the analyzing and interpreting of lease contracts. Candidates must possess the ability to thrive in an environment of complex calculations. Selected candidate will assume responsibility for accuracy and timeliness of work and have excellent organizational and time management skills. Excellent verbal and written communication skills and the ability to appropriately prioritize multiple tasks are required.

A BS degree in accounting or finance with a minimum of 3-5 years related experience in accounting, finance or an analytical capacity, preferably in the real estate field, is required. Experience with JD Edwards software preferred.

• Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
• Please view Equal Employment Opportunity Posters provided by OFCCP

. * The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)