Supervisor, Partnership Accounting

Partnership Accounting Supervisor

Norfolk, VA

We are seeking a degreed Accounting Supervisor to join our Partnership Accounting team within the Accounting & Finance Department at HGI's corporate office.

HGI has a multi-tiered partnership structure with new fund and investor-level entities being created with each new real estate acquisition.

The Partnership Accounting Supervisor will assist in overseeing the daily operations of the partnership accounting team and will be responsible for maintaining the books and records for upper-tier partnership entities within the deal structure.

This position requires a solid understanding of basic accounting principles, strong leadership skills, Excel skills, and the ability to learn Yardi accounting software.

The Supervisor will have the opportunity to join a dynamic team motivated to continuously improve processes through innovation and ideas from the team.

Essential Duties and Responsibilities:



* Supervise and provide leadership to the Partnership Accounting team, ensuring accurate and timely completion of partnership accounting tasks.


* Oversee the setup, maintenance, and review of partnership books in Yardi accounting software, including reviewing journal entries and the bank reconciliation process.


* Independently ensure proper setup of legal entities and general ledgers in Yardi with each new acquisition by reviewing partnership operating agreements and acquisition closing documents.


* Interpret entity organizational structure charts and facilitate coordination between the accounting team and other departments.


* Collaborate with the Treasury and Real Estate Accounting teams to reconcile asset acquisition costs, investor contributions, and recommend transfers of partnership cash to deal-level accounts.


* Oversee the tracking and upload of investor commitments, contributions, and ownership percentages into Yardi.


* Review and create loan schedules for internal entity promissory notes.


* Act as a backup to the Investor Relations team for posting distribution batches when necessary.


* Review books and records for year-end tax work and assist in addressing follow-up questions from CPA firms.


* Collaborate with IT, Investor Relations, and the Partnership Accounting team on Yardi software upgrades and process improvement initiatives.


* Lead and contribute to the development of efficient processes by leveraging technology and innovation.


* Assist the Manager of Partnership Accounting with special projects and ongoing strategic initiatives.

Experience, Skills and Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.



* Bachelor's degree in Accounting or an equiv...