Senior Accountant Affordable Housing
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Job Location:
Los Angeles, CA - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
GHJ Search & Staffing is working with a leading multifamily housing investment firm thats looking to add a Senior Accountant to their team. The company operates across 15 states and 30 high-growth marketsand theyre ranked among the Top 50 largest multifamily owners/operators nationwide. Its a great opportunity to join a stable growing company with a strong reputation in the industry.
Position Overview:
The Senior Accountant (Affordable Housing) will support the financial management and reporting of their affordable housing portfolio. This role is highly visible and collaborative working closely with joint venture partners asset managers lenders and internal teams to ensure accurate financial reporting capital management and compliance.
Key Responsibilities:
- Perform monthly financial reviews and prepare JV schedules (ETL mapping member equity preferred interest cash flow calculations).
- Maintain AMF/CMF schedules including accounting fees.
- Prepare quarterly SREO analyses.
- Participate in JV calls and respond to partner financial requests.
- Download and reconcile bank statements for rehab operating and reserve accounts.
- Process monthly and quarterly distributions including wire transfers and approvals.
- Manage capital calls and lender draws (Capex replacement reserves repairs green improvements).
- Maintain and reimburse Capex schedules.
- Upload monthly and quarterly reports to lenders.
- Coordinate real estate and personal property tax payments and filings.
- Handle quarterly franchise tax and sales/use tax filings including certified mail requirements.
- Assist with below-the-line budgeting items.
- Support JV partners with annual cash flow projections.
- Support acquisitions and dispositions (journal entries proration/true-ups waterfall reviews).
- Assist with property management transitions and COA mapping.
- Prepare financials for housing authorities and respond to audit and tax requests.
- Investigate duplicate payments process vendor invoices and assist with insurance claims.
Financial Reporting & JV Coordination
Banking & Reconciliations
Distributions & Capital Management
Lender Tax & Compliance Reporting
Budgeting & Projections
Operational & Transaction Support
Qualifications:
- 5 years of accounting experience ideally within real estate multifamily or affordable housing.
- Strong background in financial reporting reconciliations and JV accounting.
- Hands-on experience with distributions capital calls and lender reporting.
- Highly organized detail-oriented and analytical.
- Strong communication skills with the ability to work cross-functionally.
$95000 - $120000 a year
Bonus: Discretionary annual bonus eligibility
Benefits Include:
- Medical Insurance
- Dental Insurance
- Vision Insurance
#GHJSS #LI-MO1
Required Experience:
Senior IC
Key Skills
- Arabic Speaking
- Marketing & Promotions
- Access Control System
- Apache Tomcat
- BI
- Back Office
About Company
GHJ is a national advisory, accounting and tax firm that partners with clients to help grow their businesses.
