Exciting opportunity at a growing mission-oriented organization! Join a high-performing team working on complex real-estate transactions and make an impact through your work in the local DC community. Great hours, hybrid schedule with a metro-accessible location in NoVA. Must have prior management experience.
The Accounting Manager oversees the company’s financial operations. This position is responsible for monitoring financial aspects of the company portfolio by preparing reports for the board, lenders, and investors. The Accounting Manager assists the CFO with managing the development portfolio, including assisting with construction closings, overseeing construction draws, assisting with the project cost certification and 8609 application reviews.
RESPONSIBILITIES:
- Lead a team of Senior Accountants and Staff Accountants in maintaining daily corporate accounting functions including invoice processing, cash deposit recordings and bank reconciliations. Ensure sufficient documentation of all transactions.
- Prepare quarterly financial statements for the company in accordance with US GAAP and the portfolio for the Board, investors and lenders.
- Assist with the preparation of consolidated and property audits including review of audited financial statements and tax returns.
- Manage local and state tax filings.
- Review organizational and financing documents prior to project construction closings.
- Track financial reporting requirements for development projects.
- Review project settlement statement entries.
- Manage the bookkeeping process for new developments.
- Support the accounting team with the review of construction draws and lender funding requests.
- Support the accounting team with the preparation of project cost certifications.
- Submit equity requests to investors in accordance with project limited partnership agreements.
- Review 8609 applications for 4% and 9% LIHTC projects.
- Assist the accounting team with reviewing grant proposals and budgets. Monitor compliance with reporting requirements.
- Assist with the review of property trial balances and quarterly journal entries.
QUALIFICATIONS:
- BS in Accounting is preferred.
- Public accounting and CPA are a plus.
- Minimum of five to seven years of relevant experience is preferred, including at least two years of supervisory experience.
- Experience supervising teams of 2 - 3.
- Real estate experience is required.
- Low-income housing tax credits, affordable housing and nonprofit experience are preferred.
- Excellent writing, proofreading, editing and oral communication skills.
- Ability to assume responsibility and quickly follow-up on multiple tasks; strong organizational skills and attention to detail; hardworking.
- Ability to work independently with good judgment skills.
- Good sense of humor, courteous and responsive. Enjoys a fast-paced environment.
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