Development Accountant - The Community Builders
Boston, MA 02116
About the Job
STAFF DEVELOPMENT ACCOUNTANT
About The Community Builders, Inc.
Join a growing organization that is strengthening neighborhoods across the nation! The Community Builders, Inc. (TCB) is one of America's leading nonprofit real estate developers and owners. Our mission is to build and sustain strong communities where people of all incomes can achieve their full potential.
Position Description:
The Staff Development Accountant will be based in the Boston corporate office and will have responsibility for the accounting and financial reporting for our Development department. This role will be a hybrid model consisting of 2 days in the office and 3 days remote per week.
Essential Functions:
- Responsible for monthly close process
- Prepare loan draws in collaboration with the development team, track receipts by funding sources and costs by budget category
- Perform balance sheet account analysis and LIHTC basis analysis for cost certification
- Review underlying documents related to acquisition and investor entry to properly account for the transaction
- Maintain development general ledgers and sub ledgers for each property
- Prepare financial reporting with supporting schedules for monthly review with project managers
- Maintain intercompany ledgers for projects in consolidation
- Coordinate with auditors to support audit work, cost certification and tax return preparation
- Assist Senior Development Accountant with implementation and maintenance of systems and procedures
- Assist Senior Development Accountant with administration of basic tax matters
Knowledge, Skills and Abilities:
- Excellence in Microsoft Office programs (Word, Excel, PowerPoint, etc.)
- Superior organizational skills and attention to detail
- Ability to communicate with co-workers in an articulate, courteous and business-like manner at all times.
- Ability to convey issues and problems clearly both in writing and orally
- Capable of working with minimal supervision and perform effectively under tight time deadlines
Education & Experience:
- BS degree in Accounting or equivalent required, Advanced degree a plus
- 2 years of General Accounting experience required, Real Estate or Non-Profit a plus
- Real Estate Development Accounting experience a plus
- Experience with YARDI Accounting Package a plus
The Community Builders, Inc. is committed to ensuring diversity in its workplace, and candidates from diverse backgrounds are strongly encouraged to apply.