Corporate Accountant

POSITION TITLE: Corporate Accountant

REPORTS TO: SVP – Director of Accounting and Reporting

Our client is a national investor in affordable housing. Working with local, regional, and national partners, they invest as an equity partner and originates long-term mortgages. They are a double bottom-line organization that provides an appropriate risk-adjusted return to its shareholders while preserving affordable housing across the U.S, with approximately 37,000 units. They are seeking a Corporate Accountant to join its Finance and Accounting department.

RESPONSIBILITIES:

Accounting

Analyze the monthly and quarterly financial packages of a selection of company’s equity investments and resolve any issues by communicating with the Asset Management team, as well as with the relevant personnel at the respective JV partners and/or property management companies

Calculate the quarterly equity in earnings from a selection of company’s equity investments

Track accounts receivable, including various fees received on debt deals; journalize activity

Maintain the general ledger (MRI), including preparation of journal entries, account analyses, and bank reconciliations

Calculate and reconcile monthly interest and fees for company’s lines of credit

Provide information to the independent auditors during the annual audit and external tax personnel during the annual tax return preparation process

Assist in calculating company’s quarterly dividend distribution amounts and initiate the related bank transfers

Assist in quarterly closing of company’s books, including GL analysis and lead sheet set up

Assist in preparation of quarterly and annual compliance reporting on bank lines and federal grants

Assist in preparation of information for the quarterly Audit Committee and Board of Directors meetings

Operations

Maintain new and existing vendors by gathering the relevant bank information and applicable tax forms

Create and maintain accurate wire and ACH banking templates within the banking software system

Initiate intrabank cash transfers to fund company’s semi-monthly payroll and prepare the relevant journal entries

Manage payment of vendor invoices and related accounting by accurately reviewing, coding, and processing

QUALIFICATIONS:

Bachelor's or master’s degree in accounting; real estate experience or exposure to real estate is required

Proficient with Microsoft Office applications including Excel and Word

4-6 years of relevant experience

Knowledge of MRI Software a strong plus

Excellent oral and written communication skills

Detail-oriented individual with the ability to prioritize and multi-task

Self-motivated individual; independent worker

High degree of accuracy and confidentiality

Flexibility and adaptability to assume additional responsibilities and accommodate ad hoc requests from senior management and/or investors