Accountant ll (189 views)

Accountant ll, CARE Housing, Inc. (Open Until Filled)

CARE Housing is recruiting for an Accountant ll who will play an integral role in overseeing our centralized accounting functions and real estate development project accounting.

CARE Housing, Inc. is a private, non-profit affordable housing development and property management organization based in Fort Collins, Colorado. The mission of the CARE Housing, Inc. is to create an equitable and just community through high-quality affordable housing and transformative resident services. We envision a Northern Colorado community where an affordable home is available to everyone.

The CARE Housing staff brings a variety of skills to the organization to execute on the organization’s housing and community development strategy and achieve our mission. Each staff member brings unique value to our organization, while operating with the following shared values: Equity, Inclusion, Continuous Improvement, Commitment, Service, Passion, and being Solutions-focused.

Position Overview

Full-Time (8:00 – 4:30 M-F). The Accountant ll will be responsible for managing the day-to-day accounting operations and payments of real estate development project obligations, preparation of development sources and assisting in reconciling the development ledger accounts for CARE Housing and its properties.

Responsibilities / Duties

• Responsible for the integrity of the general ledger and adherence to GAAP.
• In partnership with the Director of Finance and Director of Housing Development, prepare and/or review development funding draw requests, create and provide reports, and assist with cost certifications.
• Prepare standard monthly consolidated financial statements including P&L and balance sheets.
• Ensure the timely completion of routine accounting functions including bank reconciliations and expense reports.
• Ensure the accuracy and completeness of financial data, including accounts payable, accounts receivable and other balance sheet accounts.
• Supervise accounting staff including planning and assigning work.
• Review chart of account structures and accuracy of expense allocations to partnerships.
• Participate in financial and tax audits.
• Point of contact for Yardi accounting troubleshooting.
• Assist Property Management with tenant refunds, security deposit refunds, credits and tenant ledger clean up.
• Set up, maintain, and receive invoices for vendor accounts.
• Assist Director of Finance with preparation of internal and external reporting and processing as required by management and policies, including occupancy, property valuations, insurance, property taxes, and cash management exercises.
• Supervise accounting staff including planning and assigning work.
• Oversee Housing Assistance Payment (HAP) and USDA RD receivables in Yardi system.
• Stay up to date on changes to affordable housing finance and compliance regulations and make recommendations for process improvements and efficiencies.
• Recommend accounting policies, standard operating procedures, and programs to senior management to streamline accounting internal operations.
• Collaborate with external and internal customers and communicate issues that may place a project at risk to appropriate leadership and assist in creating action plans to help mitigate any risks and protect the residents and investments.
• Perform month-end, quarterly and annual closing activities including the preparation and review of journal entries, account reconciliations and ad hoc reporting and analysis.
• Perform other duties as assigned.

Qualifications

Minimum of a bachelor’s degree in accounting, finance, or related field. Experience in affordable housing development accounting, real estate development accounting, and/or construction accounting preferred. One year of supervisory experience. CPA certification preferred but not required.

Knowlege of

• Low Income Housing Tax Credit (LIHTC) programs, HUD regulations, and state and local affordable housing guidelines.
• Microsoft applications including Excel.
• Property management and accounting software, YARDI Voyager preferred.

Ability to

• Analyze financial statements and budget variances.
• Maintain accurate, up-to-date financial records and reports for multiple apartment communities.

Salary Range and Benefits

The salary range for this position is $62,000 to $67,000. We offer a comprehensive benefits package that includes medical, dental, vision, disability, and life insurance, as well as a retirement plan. We also offer a generous vacation accrual, holiday schedule, tuition reimbursement assistance and on-going training and opportunities for growth. Eligible for hybrid remote/in office schedule after initial performance evaluation period.

Please provide cover letter detailing your interest in this position and how your education and previous experience will prepare you for this role.

CARE is an Equal Opportunity, Affirmative Action Employer. CARE Housing is dedicated to building a culturally diverse staff committed to working in a pluralistic environment.