Accounts Payable Manager

Prime Group Holdings, LLC, a vertically-integrated private equity real estate firm focused on self storage and other alternative real estate asset classes, has an exciting opportunity for an Accounts Payable Manager to join its team in Saratoga Springs, NY.

With $6.6 billion in assets under management, Prime Group is one of the largest private owners and operators of self-storage properties in the world, owning and operating over 310 self-storage assets in 28 states, two Canadian provinces and the U.S. Virgin Islands containing over 23 million rentable square feet. The firm manages three flagship funds on behalf of a global investor base, including the largest self-storage dedicated fund ever raised, Prime Storage Fund III.

Headquartered in Saratoga Springs, NY, Prime Group has more than 700 employees. The firm has a regional office in Jupiter, FL and investment originations offices in Denver, CO, Hackensack, NJ, Yorktown, VA and Calgary, Alberta. Prime Group’s 21-person senior leadership team is supported by teams including sourcing and acquisitions, asset and portfolio management, compliance/legal, property management, information technology, transactions/financing, marketing, accounting and training, among others.

Prime Group’s success is built on a culture of respect, teamwork, business ethics, accountability and persistence. The company deeply values the strong relationships it has built with its customers, employees, investors and stakeholders. Pitchbook, a leading resource for comprehensive data, research and insights spanning the global capital markets, named Prime Group as one of the top 10 real estate value-add fund managers in Pitchbook’s 2023 Global Manager Performance Score League Tables.

Essential Responsibilities

• Oversee the accounts payable department and ensure timely and accurate processing of invoices, payments, and expense reports
• Develop and maintain accounts payable policies and procedures
• Ensure compliance with company policies, as well as local, state, and federal regulations
• Monitor and analyze accounts payable processes and recommend improvements to increase efficiency and accuracy
• Collaborate with other departments, such as finance and accounting, to ensure timely and accurate payment of invoices
• Manage vendor relationships and resolve any issues or disputes related to payments or invoices
• Prepare and analyze accounts payable reports, including aging reports, cash flow projections, and vendor performance metrics
• Train and develop accounts payable staff, including setting performance goals and conducting performance evaluations
• Ensure accurate and timely month-end and year-end close processes for accounts payable
• Assist with audits and provide documentation and support as needed

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field; CPA or relevant certification preferred.
• 6 years of experience in accounts payable or financial accounting roles, with at least 2 years in a supervisory or managerial capacity.
• Strong understanding of accounts payable principles, practices, and procedures
• Knowledge of accounting software and ERP systems; proficiency in Microsoft Excel
• Excellent analytical skills and attention to detail
• Effective communication skills, both verbal and written, with the ability to interact professionally with internal and external stakeholders
• Ability to prioritize workload, meet deadlines, and work effectively in a fast-paced environment

Compensation

• Competitive rate of pay and a generous benefits program
• Salary commensurate with experience
• Medical, Dental, life, vision, short-term disability, and long-term disability insurance program
• Paid vacation time; paid sick time; paid holidays

Equal Opportunity Employer Statement

Prime Group Holdings is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.