Accountant III

Accountant III (002268) Location: Downtown Seattle:: Organization: AFR Revenue Services Employee Status: Regular Schedule: Full-time Posting Expires: Dec 9, 2023, 1:59:00 AM Minimum Salary: 77,334.
00 MidPoint Salary: $96,678 Maximum Salary: 116,022.
00 At the Port of Seattle, we anticipate making salary offers between the minimum and midpoint of the salary range.
Offers will be based on experience similar to the Port job being applied for as well as a review of pay rates for Port employees performing similar work.
Salary ranges are under review and subject to change.
Some of what you'll be doing: As an Accountant III, you will provide complex accounting support to ensure the financial integrity of information posted to the General Ledger (GL) and/or other accounting systems within Accounting and Financial Reporting (AFR).
This position exists to ensure accurate, complete, and timely lease administration, and revenue recognition by performing senior level accounting responsibilities with minimal supervision, seeking general instructions on new assignments that are diverse and complex.
You will review lease agreements to ensure billings in the accounting system are agreeing to contracts, port policies, and generally accepted accounting principles (GAAP).
You will serve as liaison between AFR, Property Managers, and tenants by working closely with Lease Administration Teams, and Operation teams.
You will reconcile and process regular billings and billing adjustments due to changes in quantity, rates, sales report data, and surety requirements.
Inclusive of the audit and review of sub-system reports, comparison of billing batches to executed leases and proper supporting documents for billing adjustments, to ensure proper revenue recognition and taxability.
You will interpret lease contracts, agreements, and legal documentation to ensure accurate application of contracts/agreements, Port’s policies and procedures and General Accepted Accounting Principles.
You will complete month end closing tasks: prepare journals for assigned revenue streams with backup documentation, and post to GL.
Perform variance analysis to ensure proper revenue recognition and accounting estimates.
Complete account reconciliations across multiple systems.
You will analyze and review billing information that is entered into lease management software.
Ensure that billings prepared by software correctly reflect terms outlined in executed leases.
Confirm net present value calculated by the software correctly reflect terms outlined in executed leases and estimates of Property Manager in accordance with GAAP.
You will monitor and organize lessee’s monthly sales data and calculate variable revenue due to lessor in accordance with executed leases.
Compare the calculated amounts to minimum revenue required per lease agreement and reconcile against the amount billed to customer.
You will review and provide feedback on draft lease agreements for accuracy and compliance; manage and maintain original executed leases and electronic versions for record management along with all legal correspondence; monitor and resolve outstanding issues with rent adjustments, missing sales data, lease termination and surety increases or expiration.
You will support internal and external audits by preparing complex audit schedules and workpapers.
Respond to questions from auditors regarding billing process, audit schedules, and data analysis.
Who you are: Experienced – You have six (6) years progressive experience working in an accounting environment and working with complex financial software.
Educated – You possess a Bachelor’s Degree in Accounting or Business with an emphasis in accounting.
Desired – We hope you have a Master’s Degree, a Certified Public Accountant (CPA) license, and experience working with PeopleSoft systems including set-up, reporting, and running complex queries.
Committed to Equity – You will apply equity and exemplify shared values, behaviors, and practices in all aspects of the work.
At the Port of Seattle, equity is a daily responsibility and a foundational expectation for all Port employees.
Knowledgeable – You have a broad-based understanding of the General Accepted Accounting Principles (GAAP) and financial reporting standards issued by the Financial Accounting Standards Board (FASB) and Government Accounting Standards Board (GASB).
You also have knowledge of interpreting complex legal documents such as lease agreements and understanding legal terms.
Analytical – You can effectively research and analyze issues, requests, and situations using your numerical, statistical, and situational skillset with a strong attention to detail, in order to make effective decisions.
You are a holistic thinker that recognizes the impacts both short and long term.
Technologically Savvy – You have excellent technical skills in Microsoft Office products (Word, Excel, PowerPoint), Lease Management Systems and complex Enterprise Resource Planning (ERP) such as PeopleSoft and leverage them to increase efficiency in your work and to troubleshoot system and assist during testing.
Collaborator – You are someone who can work with diverse internal and external stakeholders at various levels of the organization to build relationships and resolve problems while providing excellent guidance and customer service.
You are also a team-player.
Multitasker – You are able to effectively manage multiple billings, projects and meet multiple deadlines.
Continuous Improvement Mindset – You have strong initiative to identify and implement process improvement and system enhancements that will improve efficiency.
What else you need to know: Work Schedule – Your normal work schedule will be Monday – Friday, 8:00 a.
m.
to 5:00 p.
m.
(40 hours per week).
Slightly more flexible start and end times are available in this role.
You may be required to work any and all assigned shifts, including weekends and holidays.
You may be required to work during emergencies.
Work Environment - This work will take place primarily in a hybrid remote setting, with occasional in-office days at Management’s discretion.
Grade Review – The pay range and grade for non-represented positions are under review and subject to change as part of the Port’s work to implement a new pay program.
This review is intended to ensure that positions are aligned with the new program that will be implemented in early 2024.
Washington State Residency Requirement – Employees must establish a residence in Washington state within 30 days of their first day of employment and must maintain a residence in Washington State during their employment with the Port of Seattle.
If a position is eligible to telework, work performed while teleworking must be performed in Washington State.
Why you'll love it here: The Port of Seattle offers an extensive benefits package that rewards our staff for their valuable contributions towards the Port‘s mission.
In addition to the summary below, benefit details for non-represented positions can be found on the Port of Seattle‘s website.
If the position is represented by a union, please refer to the “Collective Bargaining Agreement” or contact the appropriate Union Representative for specific information related to benefits and eligibility.
Healthcare – Medical, Dental, and Vision Care with options that work for you and your family.
Paid Vacation – Just about four weeks per year that increases with tenure to rest and rejuvenate.
Paid Sick Leave – At least one hour of sick leave for every 40 hours worked.
Holidays – More than ten days per year to celebrate with family and friends away from work.
Pension/Retirement Plans – A pension and additional savings plans to prepare for your future after the Port.
Getting to Work – From subsidized parking and a low-cost public transit card to alternative work arrangements giving you an opportunity to work from home.
Parental Leave – Six weeks of paid leave to spend with new additions to your immediate family.
Development – From tuition reimbursement, training, stretch assignments and internal internships, we support a learning culture.
Equity, Diversity, and Inclusion – The Port of Seattle values diversity as a source of innovation and strength.
We are actively working across the organization to create a culture where all employees – regardless of race, gender, and other identities – succeed and reach their fullest potential.
Work-Life Balance – We provide the resources to help you create habits to be healthy and balanced.
Mission Driven – We are focused together in promoting economic opportunities and quality of life in the region by advancing trade, travel, commerce, and job creation in an equitable, accountable, and environmentally responsible manner.
Why the Port of Seattle: Every role at the Port of Seattle is vital to our thriving community.
We are a leader in moving people and cargo across the country and around the world.
With facilities and property ranging in scope from a half-acre park to one of the largest airports and container terminals on the West Coast, we maximize the public assets in our portfolio with an eye toward best uses and environmental sustainability.
IND123 Our vision is to create a Port that mirrors – throughout its breadth of operations and services and within its leadership – the diversity of our communities, instill principles of equity into its culture, and ensures a fair and intentional distribution of opportunities to expand economic develop and quality of life for all in our region.
Find out more about how our values RAISE us up and our commitment to equity.