Lead Property Accountant

2 weeks ago

Atlanta, Georgia, United States Portman Full time

THE COMPANY

With a legacy spanning over sixty-five years, Portman has built a remarkable reputation in the development of stand-alone and mixed-use projects, which include office, hospitality, residential, retail, and industrial spaces.

Our diverse portfolio reflects a commitment to crafting high-quality, thoughtfully designed environments that cater to a variety of needs and promote vibrant communities.

These initiatives create significant value for our investors and greatly enhance the communities we serve.

Every project is developed with an emphasis on sustainability, innovation, and aesthetic excellence, ensuring that our developments positively impact the urban landscape and improve the quality of life for residents, workers, and visitors alike.

At Portman, we take pride in our ability to integrate multiple functions within a single development, fostering dynamic environments that support both economic growth and community well-being.

Founded by renowned architect John C Portman Jr., the company remains dedicated to the principles that define its identity:

that real estate should generate value for its community, its owners, and its investors; that integrity in design and planning leads to buildings that are functional and timeless.

As John C. Portman, Jr. famously stated, "Buildings should serve people, not the other way around."

THE ROLE

The Senior Property Accountant collaborates closely with the Accounting Manager and is accountable for delivering accounting support to various internal departments and external partners.

Specific responsibilities for this role include, but are not limited to:

Applying generally accepted accounting principles and tax basis (modified accrual basis) of accounting within the required reporting timelines established by investors and lenders for a portfolio of three to five real estate properties.

Preparation of timely and precise month-end balance sheets, income statements, and cash flow statements that reconcile with the general ledger details.

Ensuring the accurate and timely recording of monthly transactions through the preparation and entry of journal entries.
Conduct monthly account reconciliations for all balance sheet accounts.
Prepare bank reconciliations for multiple checking accounts and align these accounts with the general ledger.
Timely processing of debt service, real estate taxes, insurance, and other payments.
Assist with weekly check runs by ensuring daily cash updates.
Review and interpret lease agreements for accurate recording of charges related to rents, concessions, CAM charges, etc., and manage accounting for TI dollar allocations.
Understand the calculation of straight-line rent and maintain schedules for monthly bookings.

Analyze P&L impacts associated with fixed asset schedules while generating fixed asset records for new additions and calculating/tracking accumulated depreciation.

Transfer construction in progress to fixed assets.
Maintain joint venture partners' capital/equity accounts and comprehend the structure and accounting implications of joint ventures.
Compare monthly actual results to budget and prepare variance analyses to explain significant differences.
Account for property sales and review related settlement statements.
Transition properties under development into operations, including onboarding of Third-Party Managers.

Provide accounting support for mergers and acquisitions by reviewing financial information; converting data to the general ledger system; obtaining supplementary information for financial statement preparation.

Collaborate with Asset Management, Property Management, and Accounting in the annual budgeting process and monthly budget reforecast, including aspects related to capital planning and distribution scheduling.

Prepare ad-hoc reports and analyses as requested by the Corporate team and other departments, particularly concerning cash timings for distributions and board presentation data.

Assist asset managers with the financial reporting process and serve as a primary point of contact for lenders, investors, and other internal and external stakeholders.

Support asset management with financial analyses, including cash flow forecasting, refinancing, and partner buyouts.

Assist Auditors and Tax preparers with annual audits and tax preparation for operating entities, including fulfilling requested PBC lists, answering inquiries, and providing necessary information.

Prepare interim and annual audit documents by gathering and analyzing information from the general ledger system and from various departments.
Perform other accounting, financial, or administrative tasks as may be required from time to time on short notice.
Additional duties and responsibilities may be added or removed at the discretion of management.

THE PERSON

The ideal candidate will be a collaborative team player capable of fostering positive working relationships at all levels of the organization, demonstrating a strong work ethic, meeting deadlines, and maintaining excellent organizational skills while managing multiple tasks.


Specific qualifications the successful candidate will possess include:
A bachelor's degree or advanced degree in Accounting or Finance is preferred
A minimum of 2+ years of accounting experience with a solid understanding of real estate property accounting is required
CPA preferred but not mandatory; relevant experience may substitute for the certification.
Working knowledge of Yardi is preferred
Strong computer skills, including intermediate proficiency in Excel, Word, Outlook, and Teams.
Effective oral and written communication skills for business correspondence via e-mail and Teams.
Excellent interpersonal skills that facilitate teamwork and interdepartmental collaboration
Strong organizational, analytical, and problem-solving abilities
Work requires continual attention to detail and adherence to deadlines
Must be able to thrive in a fast-paced environment with a proven ability to manage multiple competing tasks and demands
Must be able to engage and communicate with individuals at all levels of the organization and be present and available in the office for meetings while also capable of working remotely with limited supervision

THE OPPORTUNITY
This position is based at Portman Holdings' corporate office in downtown Atlanta. No relocation assistance is provided.

Portman Holdings offers a comprehensive compensation and benefits package, including medical, dental, vision, and life insurance, along with a 401(k) plan featuring a generous employer match.

Portman Holdings is deeply committed to fostering a workplace and global community where inclusion is not only valued but prioritized.

We are proud to be an equal opportunity employer, striving to create a welcoming and diverse environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, family status, marital status, sexual orientation, national origin, genetics, neurodiversity, disability, age, or veteran status, or any other non-merit based or legally protected

grounds. Portman is dedicated to providing reasonable accommodations to qualified individuals with disabilities throughout the employment application process.

PI5bf2cc6a6c6b

  • Lead Property Accountant

    2 weeks ago

    Atlanta, Georgia, United States Portman Full time

    COMPANY OVERVIEWWith a legacy spanning over sixty-five years, Portman has built a reputable history in the development of stand-alone and mixed-use projects, which include office, hospitality, residential, retail, and industrial spaces. Our diverse portfolio reflects a commitment to crafting high-quality, thoughtfully designed environments that cater to...

  • Lead Property Accountant

    1 week ago

    Atlanta, Georgia, United States Portman Full time

    COMPANY OVERVIEWWith a legacy spanning over sixty-five years, Portman has built a remarkable reputation in the development of both stand-alone and mixed-use projects, which include office, hospitality, residential, retail, and industrial properties. Our diverse portfolio reflects a commitment to creating high-quality, thoughtfully designed spaces that cater...

  • Lead Property Accountant

    1 week ago

    Atlanta, Georgia, United States Portman Full time

    COMPANY OVERVIEWWith a legacy spanning over sixty-five years, Portman has carved a niche in the development of diverse projects, including office, hospitality, residential, retail, and industrial spaces. Our extensive portfolio reflects a commitment to crafting high-quality, thoughtfully designed environments that cater to various needs and foster vibrant...

  • Lead Property Accountant

    2 weeks ago

    Atlanta, Georgia, United States Portman Full time

    COMPANY OVERVIEWFor over sixty-five years, Portman has built a remarkable reputation in the development of both stand-alone and mixed-use projects, which include office, hospitality, residential, retail, and industrial spaces. Our extensive portfolio reflects a commitment to crafting high-quality, thoughtfully designed environments that cater to diverse...

  • Lead Property Accounting Specialist

    2 weeks ago

    Atlanta, Georgia, United States TSCG (The Shopping Center Group) Full time

    About TSCGTSCG, a leading firm in the commercial real estate sector, is seeking a Senior Property Accountant to enhance our dedicated team. This role is essential in managing financial operations within our diverse portfolio.Why Work with Us?At TSCG, we cultivate a culture of learning and collaboration, encouraging our team members to reach their full...

  • Lead Property Accountant

    1 week ago

    Atlanta, Georgia, United States Portman Full time

    ABOUT THE COMPANYWith a legacy spanning over sixty-five years, Portman has built a reputation for excellence in the development of diverse projects, including office, hospitality, residential, retail, and industrial spaces. Our extensive portfolio reflects a commitment to creating high-quality, thoughtfully designed environments that cater to various needs...

  • Lead Property Accountant

    1 week ago

    Atlanta, Georgia, United States Portman Full time

    ABOUT THE COMPANYWith a legacy spanning over sixty-five years, Portman has built a remarkable reputation in the development of both stand-alone and mixed-use projects, which include office, hospitality, residential, retail, and industrial spaces. Our diverse portfolio reflects a commitment to crafting high-quality, thoughtfully designed environments that...

  • Lead Property Accounting Specialist

    2 weeks ago

    Atlanta, Georgia, United States TSCG (The Shopping Center Group) Full time

    Company Overview:TSCG, a leading name in the commercial real estate sector, is seeking a Senior Property Accountant to enhance our financial team. This role is hybrid, combining both remote and on-site responsibilities.About Us:Since our inception in 1984, we have been dedicated to providing comprehensive advisory services to a diverse clientele, including...

  • Lead Property Accountant

    2 weeks ago

    Atlanta, Georgia, United States TSCG (The Shopping Center Group) Full time

    TSCG, a prominent player in the commercial real estate sector, is looking for a Senior Property Accountant to enhance their team. This position offers a hybrid work model, blending remote and on-site responsibilities.Established in 1984, TSCG has been at the forefront of providing extensive advisory services within the retail real estate industry. With a...

  • Lead Property Accountant

    2 weeks ago

    Atlanta, Georgia, United States Portman Full time

    THE COMPANYWith a legacy spanning over sixty-five years, Portman has made a significant mark in the development of stand-alone and mixed-use projects, which include office, hospitality, residential, retail, and industrial spaces. Our diverse portfolio reflects a commitment to crafting high-quality, thoughtfully designed environments that cater to various...

  • Lead Property Accountant

    2 weeks ago

    Atlanta, Georgia, United States Portman Full time

    COMPANY OVERVIEWWith a legacy spanning over sixty-five years, Portman has made a name for itself in the development of stand-alone and mixed-use projects, which include office, hospitality, residential, retail, and industrial spaces. Our diverse portfolio reflects a commitment to crafting high-quality, thoughtfully designed environments that cater to various...

  • Property Accounting Supervisor

    2 weeks ago

    Atlanta, Georgia, United States Global Accounting Network Full time

    We are excited to announce an opportunity with a prominent firm in the real estate sector, focusing on property management and development. This organization boasts a diverse portfolio that encompasses residential, commercial, and industrial properties across various regions. They are dedicated to delivering outstanding service to their clients while...

  • Lead Property Accountant in Commercial Real Estate

    2 weeks ago

    Atlanta, Georgia, United States Staff Financial Group Full time

    Position Overview:We are seeking a highly skilled Senior Accountant specializing in Commercial Real Estate Property Management to join our team at Staff Financial Group. This role offers a permanent position with a competitive benefits package and opportunities for professional growth.Key Responsibilities:- Manage daily financial operations including...

  • Senior Property Accountant

    20 hours ago

    Atlanta, Georgia, United States Gallery Residential Full time

    Job SummaryWe are seeking a highly skilled Senior Property Accountant to join our team at Gallery Residential. As a key member of our accounting department, you will be responsible for preparing monthly financial statements for our properties, ensuring compliance with accounting standards and regulations, and providing financial guidance to our operations...

  • Senior Property Accountant

    5 days ago

    Atlanta, Georgia, United States Accountants One Full time

    Job OverviewAccountants One is seeking a highly skilled Senior Property Accountant to join our team. As a key member of our accounting department, you will be responsible for providing financial expertise to our clients in the real estate industry.Key ResponsibilitiesFinancial Statement Preparation: Prepare accurate and timely monthly financial statements,...

  • Senior Property Accountant

    3 days ago

    Atlanta, Georgia, United States Gallery Residential Full time

    Job SummaryWe are seeking a highly skilled Senior Property Accountant to join our team at Gallery Residential. As a key member of our accounting department, you will be responsible for preparing monthly financial statements for our properties, ensuring compliance with accounting standards and regulations, and providing financial guidance to our operations...

  • Commercial Property Manager

    1 week ago

    Atlanta, Georgia, United States A Property Management Company Full time

    Job SummaryWe are seeking an experienced Property Manager to join our team at A Property Management Company. As a key member of our team, you will be responsible for overseeing the day-to-day operations of our medical and office space properties.Key ResponsibilitiesManage the leasing process, including marketing and tenant relationsOversee building systems...

  • Property Maintenance Lead

    2 weeks ago

    Atlanta, Georgia, United States ZipRecruiter Full time

    Job OverviewThe Property Maintenance Lead is accountable for ensuring the operational integrity of the community while guiding the maintenance crew. This position involves responding promptly to all maintenance inquiries and collaborating with the Property Manager and leasing team to provide exceptional move-in, move-out, and overall living experiences.Key...

  • Lead Property Operations Manager

    2 weeks ago

    Atlanta, Georgia, United States Foundry Commercial Full time

    Foundry Commercial is in search of a skilled and knowledgeable Lead Property Operations Manager to enhance our team. In this pivotal role, you will oversee our commercial office assets, ensuring both financial success and tenant satisfaction.Key Responsibilities:Foster strong relationships with tenantsAddress lockouts and manage default notificationsRespond...

  • Senior Property Accountant

    1 week ago

    Atlanta, Georgia, United States Next Level Resources Full time

    Job Summary:Next Level Resources is seeking a highly skilled Sr. Property Accountant to join their team. Our client is a rapidly growing commercial property development firm that collaborates with various stakeholders to deliver exceptional results in the residential property development sector.Key Responsibilities:Financial Record Management: Maintain...