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  • 1 month ago

jobs description

Real Estate Development Non profit organization is looking for a Portfolio Manager with both accounting and finance background.
Responsibilities include:
• Work closely with Asset Managers on the monthly financial statements reviews of all assigned multi-family projects for variances between actual and budget, ensuring adequate escrow balances and accruals...
• Provide accounting guidance to Property Accountants on transactions necessary to correct account balances on the financial statements.
• Perform calculations for surplus cash flow, debt service coverage ratios and other metrics.
• Work with independent Auditors on the year-end property financial audits, project cost certification, developer and partnership tax returns to ensure accuracy of the financial data.
• Perform partner's tax basis capital account analysis utilizing the partnership agreements and knowledge of the relevant internal revenue codes
• Participate in the annual property budget review process by providing operational trend to budget analysis.
• Work closely with Property Management, Asset Management and Development teams with pre- and post-acquisition activities/integration of assets into the company's portfolio.
• Maintain and track reporting requirements for all syndicators, investors and financial institutions.
• Handle all tax related correspondence with the Treasury Department and various Department of Revenue
• Organize, track and provide financial analysis on the financial impact of real estate investments including REITs
Qualifications and Education Requirements:
• S. or B.A in Accounting or Finance required
• 5+ years experience in real estate development or multi-family property management
• CPA License required (Active)
• Proficiency in Sage Intacct, Microsoft Excel, Word and PowerPoint
Atlanta GA USA


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