Senior Portfolio Accountant

Key Responsibilities:

• Financial Oversight: Ensure the accuracy and integrity of your portfolio and corporate financial records and reporting. 
• Teamwork and Engagement: Build and maintain strong relationships with peers, vendors, financial  institutions, and auditors.  
• Regulatory Compliance: Ensure compliance with accounting standards (GAAP, Tax Accounting, JV  operating agreements), company policies, and external regulatory standards. 
• Continuous Improvement: Champion initiatives to enhance efficiency and streamline workflows, mentor  and support others, and contribute to the company goals and success. 
• Maintain and Development Core Competencies: actively utilize and develop competencies to include  but not limited to: research skills, accuracy, organization and time management, initiative and sound  judgment, business acumen, and communication.

Position Responsibilities:

• Maintain the general ledger by recording, verifying, and consolidating financial transactions.
• Prepare comprehensive financial statements, reporting packages, including balance sheets, income  sheets, and cash flow statements, on a timely basis. 
• Reconciles and analyzes various company General Ledgers and portfolio accounts.
• Ensures appropriateness and correctness of recorded entries. 
• Maintain the general ledger and portfolio accounts including but not limited to cash, accrued expenses,  debt and loan financing, accounts receivable and accounts payable.
•  Process annual 1099’s. 
• Assist in the preparation of monthly, quarterly, and annual financial support schedules. 
• Reconcile bank statements and produce accurate bank reconciliation for portfolio.
• Understand legal entity organization structure to ensure proper accounting procedures are applied at a  transactional level. 
• Responsible for compiling weekly cash reports and maintenance of cash balances.
• Coordinate with the Accounts Payable Manager for invoices needed to be processed for assigned  portfolios. This includes: vendor W9 administration, code and process invoices, weekly check runs in  accordance with approved capital calls, lien waiver compliance, expense allocations. 
• Manage the month-end, quarterly, and year-end closing procedures.  
• Prepare and calculation of management fees. 
• Accountable for meeting the timeliness of monthly financial closing schedule.
• Work closely and effectively with asset management, underwriting, marketing, operations, and legal teams  to incorporate their insights into accurate financials. 
• Implement best practices for data management and ensure consistency in reporting across all entities.
• Responsible for coordinating and preparing portfolio accounts, JV audits with external auditors, investors,  and partners.  
• Maintains high level of confidentiality of information related to the investors, partners, owners, employees,  strategies, financials, compensation, vendors, and organization. 
• Perform other duties and special projects as assigned by management.

Essential Skills, Experience, and Preferred Qualifications:

• Bachelor’s degree in accounting, finance, or related field, or equivalent experience 
• 4-7 years accounting experience, ideally with 1-3 years of portfolio or asset management industry accounting. Background in real estate development is preferred. 
• Strong understanding of GAAP standards 
• Advanced Excel skills (pivot tables, VLOOKUP etc.) 
• Proficiency in Sage, TimberScan, MS-Outlook.  
• Strong analytical skills with the ability to synthesize complex data and communicate insights clearly to  non-financial stakeholders. 
• Excellent problem-solving skills, ability to think critically to make informed decisions and  recommendations.  
• Proven ability to manage multiple projects and priorities in a fast-paced environment.
• Strong organization skills and attention to detail. 
• Excellent communication skills, both written and oral, with the ability to collaborate successfully with all levels of stakeholders.
• Proactive individual, possess a strong work ethic, deadline orientated, and team player.

Salary Range/Benefits:

• $90,000-$125,000 base plus annual bonus.
• Health Benefits (Medical, Dental, Vision)
• 401k program
• 15 federal paid holidays per year, 2-3 floating holidays and 15 days of PTO.
• 5 paid sick days.