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Alexandria Real Estate Equities, Inc Senior Accountant – Real Estate Development in Pasadena, California

Senior Accountant – Real Estate Development

Location Pasadena, CA

Job Function Accounting

Employment Status Regular, Full-Time, Non-Exempt

Apply Now (https://phe.tbe.taleo.net/phe03/ats/careers/v2/applyRequisition?org=ALEXANDRIARE&cws=40&rid=1263)

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500® company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in mega campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science companies through our venture capital platform, Alexandria Venture Investments. For more information, please visit www.are.com.

The Company is an equal opportunity employer and considers all qualified applicants without regard to race, color, religion, creed, sex, gender, gender identity, gender expression, pregnancy, childbirth, breastfeeding, or related medical conditions, marital status, registered domestic partner status, family-care status, veteran status, military status, age, national origin or ancestry, physical or mental disability, medical condition, genetic information, sexual orientation, or any other category protected by applicable federal, state or local law or ordinance.

Essential Duties and Responsibilities:

Will handle a number of responsibilities in the areas of accounting, project support, and a variety of administrative duties consisting of, but not limited to, the following:

  • Reconcile monthly historical construction spending.

  • Analyze spend projections provided by the regional project managers.

  • Analyze and review initial project funding requests and budget updates.

  • Collaborate on enhancements for project management software.

  • Prepare real estate basis analytics in conjunction with yield on cost calculations.

  • Support Accounting Manager by preparing various ad hoc reports for active development, redevelopment, and tenant improvement projects.

  • Prepare monthly and quarterly real estate development pipeline reports.

  • Prepare supporting analytics for SEC disclosures.

  • Review and provide support to tie out supplemental and 10-Q/10-K packages.

  • Actively participate in Real Estate Development Team process improvement initiatives.

  • Produce monthly real estate development loan draw packages and submit them to lenders and/or joint venture partners.

  • Analyze and maintain the job cost subledger, including processing and recording journal entries for job cost allocations, accruals, capitalization, and transfers to fixed assets.

  • Reconcile and track additional or excess tenant improvements to bill to tenants.

  • Provide support for a variety of special projects, including external and internal audit requests and ad hoc reports for management review.

Qualifications and Experience:

  • Bachelor’s degree in Accounting, Finance, or Business Administration required.

  • CPA preferred.

  • 2+ years of accounting experience required.

  • Public accounting experience preferred.

  • Technical accounting research skills desirable.

  • Public commercial real estate experience or general contractor experience preferred.

  • Detail-oriented, strong analytical and communications skills preferred.

  • Proficiency in business-related software: Microsoft Excel, Word, Outlook, and Teams.

  • JD Edwards accounting software and Unifier project management software experience desirable.

  • Experience working in a large team environment and collaboration across many groups preferred.

  • The expected base salary range for this position is $100,000 to $115,000 USD annually. This salary range is an estimate, and the actual salary may vary based on the consideration of many factors, which may include, but are not limited to: the individual’s knowledge, experience, education, qualifications, skills, job location, and the Company’s compensation practices.

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