Corporate Accountant Hybrid Position at Confidential company

POSITION TITLE:  Corporate Accountant

REPORTS TO:         SVP – Director of Accounting and Reporting

HYBRID ROLE: 2 Days Remote

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