Accounting Manager

Job Title: Accounting Manager – Operating Properties

Location: 303 Peachtree Center Ave, Atlanta, GA

Reports To: Assistant Controller- Operating Properties

Position: On-Site

COMPANY

Portman Management, LLC is a real estate management company with a rich history of managing premier projects. Our founder, John Portman, pioneered the concept of architect  as developer, successfully building both an architectural firm of international repute as well as a host of affiliated real estate development, financing, and management companies. For additional information, visit www.portmanholdings.com.   

POSITION

The position is responsible for timely reviewing and compiling financial statements and related schedules, and disclosures for various operating properties under Portman entities. The Accounting Manager - Operating Properties - will supervise a team of accountants and maintain important working relationships within the accounting department. The Accounting Manager will also maintain strategic relationships with the asset management and development teams to ensure an efficient flow of information and accurate and timely financial reporting. The Accounting Manager - Operating Properties responsibilities include, but are not limited, to:

 Project Management

• Successful onboarding and transition of newly acquired properties or properties transitioning from development.
• Execution of month-end close for each operating property, adhering to each property’s specific requirements (basis of accounting and month-end close dates)
• Assist with process improvements and technology updates.
• Develop team members through routine coaching and semi-annual performance reviews. 

Financial Reporting

• Coordinate the annual operating property budget and reforecast process for the operating properties and provide requested information to Property and Asset Management and Corporate teams.
• Timely review monthly, quarterly, and year-end reporting for the operating properties.
• Timely coordinate annual audit and financial statement preparation for the operating properties.
• Assist with providing the tax department with reports needed for tax returns and Business Personal Property Tax return on or before due dates.
• Assist with research and application of technical accounting guidance in accordance with deal-specific accounting standards and policies.

Deal Support

• Assist with interpreting legal agreements including loan documents, operating agreements, and joint venture documents.
• Remain current on industry best practices by participating in industry focused educational opportunities; reading professional publications; maintaining professional networks; participating in professional organizations.
• Analyzing and reviewing equity distribution waterfalls
• Analyzing and reviewing lease agreements and related commissions for contractual commitments and calculations of amounts due to brokers

The Accounting Manager – Operating Properties will perform other duties as assigned.

 REQUIRED KNOWLEDGE, SKILLS & ABILITIES

• Accounting experience with real estate clients in either financial accounting or tax.
• Experience with partnership and limited liability company entity structures.
• Exceptional technical skills and working knowledge of Yardi (preferred) and MS Office.
• Exceptional analytical skills with careful attention to detail and accuracy.
• Excellent organizational skills with the ability to plan, prioritize, and manage multiple tasks.
• Exceptional verbal and written communication skills.
• Strong problem-solving skills.
• Demonstrated presence and confidence, able to interact with senior management team as well as clients.
• In-office schedule, five days per week
• Ability to work independently with minimal direction and oversight.

EDUCATION REQUIREMENTS

• Accounting, Finance, or similar field degree preferred.
• CPA designation preferred.
• 5  years of experience with an understanding of project accounting and real estate operating property fundamentals.

Portman is deeply committed to building a workplace and global community where inclusion is not only valued but prioritized. We’re proud to be an equal opportunity employer, seeking 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 committed to providing reasonable accommodation to qualified individuals with disabilities in the employment application process.