Senior Accountant, TPC Homes - HQ
The People Concern · Los Angeles, CA · 1 wk ago
AccountingFull-time
About the role
TPCHomes is the housing development and property management affiliate of The People Concern, one of LA's most respected homeless services organizations. We create and operate high-quality affordable and supportive housing for people experiencing or at risk of homelessness.
Responsibilities
- Maintain books of accounts for TPC Homes, properties in development, and properties in operations.
- Prepare monthly property management financials and provide feedback to asset management department.
- Prepare settlement statements, reserves, and interest payment/accrual entries.
- Track and log construction draws and loan retentions.
- Oversee the monthly close procedures, including reconciliation of multiple general ledger accounts; maintain and track month-end close deadlines to ensure close is completed in a timely manner.
- Review and analyze monthly financial results; interact with TPC’s various departments to document and resolve variances; prepare quarterly financial statements for upper management.
- Audit & budget support: Lead audit preparation; coordinate schedules, work papers, and documentation for external auditors. Assist the Executive Director and lead other team members in the annual budget process; collaborate with external departments to ensure accurate and timely budget development.
- Perform bank account reconciliations and process cash receipts and cash disbursements accurately and on schedule.
- Construction accounting & special projects: Perform construction accounting, including tracking draws, retention schedules, and deferred interest calculations for development projects. Support accounting software administration; recommend and implement more efficient and economical solutions as the organization scales. Collaborate with leadership and external departments on special accounting projects and ad hoc financial analyses as needed.
- Transaction processing: Process accounts payable in full: receive, code, and enter invoices; obtain approvals; execute payments to vendors, contractors, capital sources and service providers on schedule. Post and reconcile accounts receivable, including rent payments, HAP payments, and other resident or subsidy receipts; maintain accurate tenant ledgers and track delinquencies. Manage security deposit accounting: maintain and reconcile individual resident deposit accounts; process refunds and deductions in compliance with California law and regulatory requirements. Record and reconcile intercompany transactions between TPC Homes and The People Concern, including management fees, shared cost allocations, and intercompany loans; ensure balances are current and documented. Enter and maintain journal entries in Yardi on a monthly basis; ensure all property accounts are reconciled and current prior to close. Coordinate with property and asset management staff on day-to-day accounting questions, coding issues, and transaction discrepancies; serve as the primary accounting contact for property-level operations.
Qualifications
- Bachelor’s degree in Accounting, Finance, Business, or a closely related field.
- At least 5–7 years of proven experience as an accountant or in a supervisory accounting role.
- Advanced knowledge of Excel and proficiency in Yardi accounting software.
- Strong organizational, problem-solving, and analytical skills; demonstrated ability to manage priorities and workflow while meeting tight deadlines.
- High level of professionalism and integrity in handling confidential information; ability to work across all accounting systems.
- Excellent verbal and written communication skills; ability to work effectively with staff at all levels.
- Passion for and support of TPC Homes’ mission and core values.
- Comfortable recommending and implementing more efficient and economical solutions across accounting systems.
- Familiarity with nonprofit accounting standards and fund accounting desirable.
Preferred Qualifications
- Experience with affordable housing, LIHTC, or real estate development accounting.
- Prior experience in a small or growing nonprofit organization where staff wear multiple hats and processes are still being formalized.
- CPA license or progress toward CPA certification.
- Experience with construction accounting, development draws, or partnership/joint venture accounting structures.
- Familiarity with government grant accounting, HUD, or other public funding reporting requirements.
- Experience building or improving accounting infrastructure and internal controls in a scaling organization.