Senior Accountant
Los Angeles, CA - USA
Job Summary
At April Housing were building a team of bold mission-driven professionals who are motivated by meaningful work and energized by collaboration. Our work supports a clear purpose of expanding access to high-quality housing and each role plays an important part in advancing that mission.
Youll collaborate shouldertoshoulder with some of the most talented experts in the industry gaining hands-on exposure that helps you grow your skills and broaden your perspective from the day one. Our environment is dynamic fast paced and evolving designed to support curious ambitious people as they take on new challenges and develop capabilities that translate throughout their careers.
April Housingisa leading owner and operator of highquality affordable housing across the United States. Founded in 2022 and headquartered in Los Angeles we are a portfolio company of Blackstone Real Estate supporting the affordable housing and LIHTC (Low-Income Housing Tax Credit) portfolio. Our mission is clear: preserve critical affordable housing stock while delivering exceptional management and highquality homes to the communities we are committed to being a fair transparent and responsible owner.
Backed by Blackstone Real Estate enabling us to invest in the creation and preservation of affordable housing for the long run. We are making a bold commitment to preserving affordable housing across the country. April Housing is dedicated to ensuring our assets aligned with high standards of excellence including ongoing property improvements and elevated resident services.
Were looking for individuals who share our commitment to excellence and believe in the impact that thoughtful well-executed work can have on communities. If youre driven by purpose value collaboration and are excited to grow while contributing to something meaningful April Housing offers a place to build experience expand your impact and do work that matters.
Position Overview: The Senior Accountant will report directly to the Accounting Manager and collaborate closely with the Controllership team and Chief Accounting Officer. This role involves managing client investment portfolios and providing accounting oversight over 400 properties across various property management companies (PMCO). The Senior Accountant will oversee the entire lifecycle of investment-specific accounting. This position requires advanced knowledge of accounting principles strong critical thinking skills the ability to make informed decisions in complex situations and provide valuable insights for process improvements. Additionally the role involves mentoring junior accountants and overseeing an off-site accounting team the Center of Excellence.
Primary Job Responsibilities:
- Lead second-level review and audit of accounting performed by various PMCOs each managing 30-45 assets.
- Review monthly financial packages from PMCO for completeness accuracy and SOX compliance.
- Track and report on PMCO submissions; provide guidance and oversight to PMCOs regarding Capex fixed assets Bad Debt Casualty loss Impairment data ingestion and audits.
- Analyze and advise on financial statements and month-over-month variance analyses.
- Oversee posting of journal entries; record gains and losses of dispositions buyouts refinances and other capital events; produce analytical data to support month-end closing.
- Oversee complex accounting tasks including reconciling high-volume accounts and analyzing financial data.
- Review and validate general ledger account balances to the sub-ledger or supporting schedules for fixed assets and debt.
- Assist in implementing new accounting processes and streamlining existing processes to increase efficiency and effectiveness.
- Coordinate tasks and provide clear communication with PMCO in the oversight of assigned properties.
- Facilitate coordination with other business units to ensure that all capital transactions are recorded correctly and timely.
- Oversee manage and train theoff-site accounting team at theCenter of Excellence.
- Gather documentation and prepare responses to requests from internal and external auditors.
- Oversee all aspects of GAAP accounting and reporting.
- Troubleshoot escalated issues to ensure timely and effective resolution.
- Document and update standard operating procedures for key accounting processes.
- Provide special project assistance to the CFO CAO Controller or Partnership Accounting Manager.
- Produce ad hoc reports and analyses as necessary.
Skills:
- Proficiency with Excel Yardi FAS and other real estate-related software experience preferred.
- Excellent written and verbal communication skills to synthesize and advise on financial reports.
- Strong organizational skills to process and monitor large quantities of data and documents at end-of-month.
- Ability to establish and disseminate procedures and processes to teams.
- Strong mentorship skills to guide and provide feedback to junior accountants and theCenter of Excellence team.
- Analytical and complex problem-solving skills to assess financial standing and develop optimized financial strategies.
- Written and verbal communication skills to share information and strategize financial opportunities with colleagues.
- Financial and regulatory knowledge to ensure compliance with relevant regulations.
- Strong mathematical abilities decision-making and analytical skills to produce relevant reports and analyses.
- Ability to thrive in a fast-paced deadline-oriented environment.
- Ability to collaborate across functional areas and work with various teams.
- Must consistently exercise strong discretion independent judgment and business acumen.
Qualifications:
- BA/BS in Accounting/Business/Finance
- 4 years of technical investment accounting experience and/or process-oriented public accounting experience
- Strong knowledge of GAAP accounting including consolidations and real estate accounting
- CPA license is a plus
- Experience in theLow-Income Housing Tax Credit industry is a plus
Base Compensation Range:
$115000.00 To $130000.00 Annually. This represents the presently-anticipated low and high end of the Companys base compensation range for this position. Actual base compensation range may vary based on various factors including but not limited to location and experience.Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits: The Company provides a variety of benefits to employees including health insurance coverage retirement savings plan paid holidays and paid time off (PTO).
The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans policies practices agreements or other materials or documents as in effect from time to time including but not limited to terms and conditions regarding eligibility.
Please review the job applicant privacy notice here.
EEO Statement
April Housing is an equal opportunity accordance with applicable law we prohibit discrimination against any applicant employee or other covered person based on any legally recognized basis including but not limited to: veteran status uniformed servicemember status race color caste immigration status religion religious creed (including religious dress and grooming practices) sex gender gender expression gender identity marital status sexual orientation pregnancy (including childbirth lactation or related medical conditions) age national origin or ancestry citizenship physical or mental disability genetic information (including testing and characteristics) protected leave status domestic violence victim status or any other consideration protected by federal state or local law. We are committed to providing reasonable accommodations if you need an accommodation to complete the application process please email
Required Experience:
Senior IC