Job Description
Job Description
Job Purpose
STAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on the acquisition and operation of industrial properties in 41 states. The company has approximately 600 industrial properties in its portfolio. The Financial Reporting Accountant is responsible for assessing accounting implications on acquisition/lease transactions, verifying valuation reports are correct for acquisitions under ASC 805, and assisting in the preparation of periodic financial statements (Forms 10-Q and 10-K) required for external reporting.
Duties and Responsibilities
- Read and summarize lease accounting implications for acquisitions, new/renewal leases, and termination agreements.
- Review third party purchase price allocation reports for new acquisitions to ensure accuracy and reasonableness under ASC 805. Coordinate with third party preparer and company analysts to ensure timely delivery of reports.
- Work with the Financial Reporting Manager to roll forward, prepare, and tie out the 10-Q and 10-K SEC filings. Prepare various underlying work papers for financial reporting.
- Work with the Financial Reporting Manager to roll forward and prepare certain aspects of XBRL.
- Create manual straight-line rent schedules and tie out system generated SL rent schedules.
- Perform other duties as assigned.
Qualifications
- Bachelor’s degree in Accounting required.
- 1-3 years of public accounting experience required. Big 4 experience preferred.
- Real estate industry knowledge preferred.
- Excellent computer skills with advanced proficiency in MS Excel.
- Organizational skills with ability to set priorities, manage multiple projects and meet deadlines.
- Candidate should have a learning mentality, showing a high level of initiative, while demonstrating accountability and a shared sense of commitment to the organization.
- Self-starter capable of finding solutions with minimal supervision.
- Ability to work under pressure and tight deadlines.
- Ability to work independently, as well as part of a team.
- Adaptable to changing demands.
Working Conditions
Position does not require special working conditions. Position works in an office setting utilizing a laptop provided by company for work related matters.
Direct Reports
Position has no direct managerial responsibilities.
Salary Range:
$65,000- $80,000 annually
This range reflects the expected base salary for this position. Base salary for any individual depends on factors such as relevant experience and skills, education, and salaries and other compensation of co-workers. Base salary is one component of overall compensation, which, for this position, includes annual bonus opportunity and Company-paid benefits.