Accounting Manager

About the Organization:  Preservation of Affordable Housing, Inc. (POAH) is a national nonprofit organization whose mission is to preserve, create and sustain affordable, healthy homes that support economic security, racial equity and access to opportunity for all.  POAH owns and operates more than 12,000 affordable homes at more than 120 properties in 11 states and the District of Columbia.  POAH is base din Boston with offices in Chicago and Washington, DC.

POAH’s reach is national in scope, and its pursuit of the preservation mission is empowered by a focus on the business bottom line.  Its strong reputation is the result of a demonstrated ability to craft complex financial transactions, tackle tough multi-family projects, and close deals that preserve the affordability of at-risk properties.  The organization and its leaders are at the forefront of policy and legislative discussions around housing preservation, affordable housing finance and regulatory reform, including energy efficiency in the multifamily sector.

The POAH team is dedicated, creative and passionate.  We believe a diverse and inclusive team is a stronger, smarter team and we actively promote diversity and meaningful inclusion of different perspectives among our Board, our staff, our partners, in our procurement of goods and services, and at our communities.  We understand that addressing structural racism and achieving racial equity are central to the work we do and we proactively integrate the issue of race in our housing work.

About the Opportunity:  We are seeking an experienced accounting professional to join our collaborative finance and accounting team.  In this position you will work closely with the Senior Corporate Accountant, Vice President of Finance and Accounting, and the Senior Vice President of Finance and Accounting in both project accounting and corporate accounting for consolidated and intercompany real estate activity:

Corporate:

• Review intercompany activity between 100 plus property entities and parent companies.
• Ensure proper recording and reporting of government grant related activity.
• Review major sub accounts and cash activity monthly.
• Review preparation of quarterly financial statements.
• Support preparation and review of audit workpapers.
• Review schedules and source data for annual corporate audits.
• Assist with review of partnership annual audits.
• Assist with review of partnership and general partner annual tax returns
• Assist with monitoring and maintaining guarantees

Development:

• Assist with review of closing and financing settlement statements.
• Assist with reviewing monthly development activity

Key attributes of the successful candidate:

• Self-starting individual who enjoys working in collegial and entrepreneurial setting.
• Ability to piece together data from many sources and individuals.
• Understand nonprofit accounting.
• Understands real estate entity accounting, specifically affordable housing and low-income housing tax credits.
• Yardi accounting system and construction module experience preferred
• Audit or tax experience preferred
• Microsoft Excel, Word, Outlook

Requirements:

• B.S. in Accounting
• 5-7 years of real estate accounting experience
• Affordable housing background, specifically low-income housing tax credits

Salaries are competitive and commensurate with experience.  Benefits include medical and life insurance, a generous earned leave plan, and a 401k plan with company match.