Description

Realty Income, The Monthly Dividend Company®, is a US-Based REIT, listed on the NYSE.
Realty Income (NYSE: O), an S&P 500 company, is real estate partner to the world’s leading companies. Founded in 1969, we invest in diversified commercial real estate and have a portfolio of over 15,450 properties (including properties acquired in the Spirit merger in January 2024) in all 50 U.S. states and in seven countries in Europe. We are known as “The Monthly Dividend Company®,” and have a mission to deliver stockholders dependable monthly dividends that grow over time. Since our founding, we have declared 645 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats® index for having increased our dividend for the last 25 consecutive years.

As a Senior Accountant with Realty Income, you will be in charge of accounting processes (accounts receivable, service charges, intercompany recharges, invoice processing) of the countries in scope. Reporting to the Director, Accounting & Operations you will prepare complex journal entries, Balance Sheet accounts reconciliations, analysis, commenting as well as increase efficiency of the processes with the continuous improvement mindset. The role will need to cooperate with third party property managers, internal teams to ensure adherence to company policies and accurate and timely execution of the operating procedures.

What you will be working on:
Third Party Property Management Oversight and Monitoring
—Oversee third-party property managers as it relates to accounts receivable and service charge responsibilities including:
——Calculating, collection of rents, service charge expenses, insurance premiums, and tax expenses from clients and performing annual reconciliations.
——Insurance and property tax payments, accruals, recoveries, and forecasting.
—Ensure third-party property managers maintain published company policies and procedures as they relate to all aspects of Accounts Payable, Accounts Receivable, and Service Charge Reconciliations.
—Point of contact as it relates to Yardi input: invoicing, contracts, VAT, etc.
Property Tax, Insurance, and Service Charge
—Support the implementation of Yardi service charge including related process reengineering.
—Periodically review financial position with property managers and finance teams.
—Liaise with auditors to track progress and review service charge accounts.
—Resolving any queries with customers.

Accounts Receivable
—Review and oversight of accounts receivable balances for countries under responsibility.
—Proactively follow-up on past due amounts and address any client disputes regarding billing activities.
—Assist in collectability analysis of month-end receivable balances.
—Oversight of cash application for portfolio tenant ledger charges.
—Recording charges to the tenant ledger for debtor balances in connection with entity acquisitions.
—Support e-invoicing projects including the creation, transmission, and management of electronic invoices in compliance with European standards and regulations.
—Support acquisitions onboarding.

General Accounting
—Assist in answering general ledger accounting questions as they relate to processes under control, including coding questions.
—Perform and review journal entries while ensuring the accuracy of FX rates for multicurrency accounts.
—Work with Controlling to understand and post complicated journal entries.
—Prepare and review intercompany transactions to ensure they are recorded appropriately.
—Prepare and review month-end close procedures for the processes in scope.
—Identify opportunities for process improvement and lead initiatives to enhance procedures and policies to help streamline tasks to further meet accounting’s goals to reduce the number of days for month-end close.

Financial Analysis
—Analyze balance sheet and general ledger accounts for accuracy and reasonableness.
—Provide explanations of any significant fluctuations to accounts under management.

What we need from you:
—Bachelor’s degree in accounting/finance.
—4+ years of relevant work experience, preferably in the real estate industry.
—Strong communication skills.
—Analytical mindset with very good Excel skills
—Fluent in spoken and written English, second language of Spanish required.
—Dutch/EU resident preferred.

Job Type: 1-year fixed contract
What we offer:
—Competitive compensation and benefits package.
—The opportunity to join a stable, successful organization, AND make your mark on our European expansion currently in more of a “start-up” mode. The working hours and effort of our role will vary. We support work-life balance, with an understanding that the work of this role does not conform to a steady pace – there will be peaks and valleys to the amount of effort required for this role.
What to expect after you apply:
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First call: If your application matches the role, then it’s time to put a voice to the name! We’ll call you to set up a phone conversation with one of our Talent Partners
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Manager Screen: You will have the opportunity to discuss the role and your qualifications with the direct hiring manager. In this interview, we want to know more about you – what excites you about tax, real estate, and how can you help us solve global challenges.
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Second interview: You’ll meet with several of our team members at various levels. We’ll dive into your potential role, showing you how you will fit into your team and contribute to our vision.
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The final decision: If you are the selected candidate, we will present you with an employment contract for your review and signature.
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Pre-Employment Screening: If you choose to sign the employment contract, your personal data may be used for a pre-employment screening check by a third party as permitted by applicable law. Depending on the vacancy and applicable law, a pre-employment screening may include employment history, education, and other information (such as media information) that may be necessary for determining your qualifications and suitability for the role of Sr. Accountant.
Realty Income is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. If you require accessibility support to submit your application or other reasonable accommodations to participate in the recruitment process, please contact talent@realtyincome.com, or call 800-375-6700. An employee will respond to your message to begin the interactive process. Please note that this phone number and email address are only for individuals seeking a disability accommodation when applying for a job.