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Braintree, MA 02184

Posted: 06/11/2024 Employment Type: Contract To Hire Job Category: Accounting & Finance Job Number: 618797 Country: United States Is job remote?: No

Job Description

Education & Experience

To perform this job successfully, an individual should be highly organized, skilled in the usage of accounting, reporting, e-mail, internet, database, spreadsheet, and word processing software. Has the ability to develop financial forecasting and other financial models using software tools. The individual must possess the below qualifications.


? Minimum eight years of progressively responsible experience in real estate finance and accounting.

? Willing to become expert-level in all things related to affordable housing finance

? Construction and development accounting experience required.

? Ability to multi-task and to provide exact results within deadlines.

? Has a strong knowledge of different computer and finance systems

? Demonstrate strong leadership skills with the finance team while having a passion for details

? Yardi experience preferred

? CPA with real estate audit experience is preferred


Job Competencies:

? Knowledge of and the ability to understand and apply Generally Accepted Accounting Principles (“GAAP”), Governmental Accounting Standards Board (“GASB”) principles, and other accounting methods as required for HUD and federal reporting requirements

? Comprehensive knowledge of modern principles, practices and techniques of accounting, budgeting, performance monitoring, analysis, trending, financing, loans, mortgages and financial reporting and cost allocations

? Knowledge of Low-Income Housing Tax Credit (LIHTC) Program, HUD public housing, EOHLC programs, and local funding programs.

? Preferred to have knowledge of the specialized accounting regulations and program requirements for various funding sources. Willing to accept applicants without this experience who have a strong propensity for it demonstrated by prior work experience.

? Knowledge and application of the principles and practices of financial administration, including budgeting and reporting.

? Knowledge of procurement policies, information systems and grants management.

? Ability to perform financial analysis and modeling to assist both the planning and monitoring of the organization itself as well as its various lines of business, including housing development, housing operations, fundraising, and resident services.

? Ability to develop and implement reporting tools and presentations to inform management of agency financial status, financial opportunities, and other relevant matters

? Ability to exercise initiative, use sound judgment in analyzing situations, and make decisions in a timely manner

? Ability to establish and maintain effective working relationships with employees, tenants, officials, vendors, and the general public.

? Ability to lead department of 2-3 staff and keep monthly reporting on-schedule

? Work with third party accountants and auditors to complete monthly, quarterly, and annual financial schedules, reporting, and audits.


Responsibilities & Duties:

General Ledger/Financial Reporting/Treasury/Payroll

? Oversee the Accounting Team to drive timely and accurate reporting.

? Own process and procedure to ensure accounting team is operating efficiently at all times.

? Main point of contact with external accounting/audit firms with year-end requirements, ensuring that all requested audit schedules and work-papers are prepared in accordance with agreed upon audit schedule; assist with financial statements and tax returns.

? Effectively coordinate processes and drive outcomes between departments, including Property Management, Fundraising, Resident Services, and Real Estate.

? Directly manage development/construction stage accounting matters.

? Effectively communicate and present any critical financial matters to the CFO/Head of Real Estate.

? Own treasury process to maintain maximum liquidity at the parent company.

? Process Payroll and oversee benefits.

Budgeting/External Reporting

? Assist in the preparation of the annual budget for Board approval, in consultation with the CFO/Head of Real Estate

? Prepare all external reporting for lenders, investors, and other third parties.

Real Estate Development Finance

? Maintain real estate development set of books. Maintain schedule and provide information and reporting to auditors for related cost certification process. Assist auditors during cost certification process.

? Assist with underwriting new projects with oversight from the CFO/Head of Real Estate.
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About Braintree, MA

Ready to take your career to the next level? Explore our job opportunities in the vibrant Braintree, Massachusetts area! Located just south of Boston, Braintree offers a perfect blend of small-town charm and big-city opportunities. With easy access to the iconic Fenway Park, Quincy Market, and the picturesque Wollaston Beach, Braintree boasts a rich cultural scene and diverse culinary options. Home to the South Shore Plaza, the Blue Hills Reservation, and the historic Weir River Farm, this area provides endless recreational activities for outdoor enthusiasts. Don't miss out on the chance to be part of this dynamic community – browse our job listings now and take the next step in your career journey!
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