Accounting Manager

About the role

The Accounting Manager oversees accounting operations related to affordable housing development projects, construction activities, and nonprofit corporate accounting functions. Key responsibilities include supervising staff, managing financial reporting, compliance with GAAP and regulatory requirements, and coordinating audits.

Responsibilities

• Supervise and review the work of Development and Corporate Staff Accountants, providing guidance, training, and performance oversight.
• Oversee full-cycle accounting for affordable housing development projects and corporate operations.
• Maintain job cost accounting records, project budgets, and funding source tracking for all development projects.
• Oversee construction accounting activities, including accounts payable, accounts receivable, bank draws, and draw request processing.
• Review accounts payable, accounts receivable, and journal entries for corporate and nonprofit accounting activities.
• Manage monthly, quarterly, and annual close processes, including journal entries, account reconciliations, and financial reporting.
• Oversee general ledger maintenance, chart of accounts administration, and preparation of financial statements.
• Perform account analyses, budget-to-actual reporting, and financial variance analyses on a monthly and quarterly basis for development and corporate divisions.
• Ensure compliance with GAAP, organizational policies, lender requirements, and regulatory funding guidelines.
• Oversee accounting for grants, loans, and restricted funds, including compliance and reporting requirements for government agencies, lenders, and funding partners.
• Maintain CEDC financial records and all grant, loan, and funding agreement documentation.
• Cook up annual audits, tax preparation, Form 1099 reporting, and compliance reviews.
• Assist with cash management, forecasting, payroll, accounts payable, accounts receivable, and treasury functions as needed.
• Maintain financial systems, internal controls, and accounting policies, while supporting process improvements and operational efficiencies.
• Attend required training sessions, workshops, and professional development opportunities.
• Provide cross-coverage for the other Accounting Manager position as needed, including assuming key responsibilities during absences, vacations, leave periods, or other business needs to ensure continuity of accounting operations.
• Perform other duties and special projects as assigned by the CFO.

Requirements

• Five or more years of progressive accounting experience.
• Understanding of real estate accounting principles and financial reporting procedures with ability to analyze variances.
• Familiarity with Nonprofit, multi-funded organization desirable.
• Familiarity with government grants regulations.
• Construction accounting experience.
• Computer proficient.
• Strong professional communication skills, both verbally and in writing.
• Ability to create and maintain positive relationship with staff and external stakeholders at all levels.
• A valid California driver’s license, proof of auto insurance and access to a dependable form of transportation.
• Sensitive to the needs and concerns of low-income people and possess a commitment to affordable housing.

Preferred Skills, Knowledge & Abilities

• Familiarity with Nonprofit, multi-funded organization desirable.
• Familiarity with government grants regulations desirable.
• Knowledge of low-income funding compliance conditions desirable.
• Experience with Yardi software preferred.
• Sensitive to the needs and concerns of low-income people and possess a commitment to affordable housing.

Education Requirement

A Bachelor’s Degree with a concentration in Accounting, Finance, or Business.

Licenses & Other Requirements

A valid California driver’s License and proof of automobile liability insurance.