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  • Washington, DC 20006

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Accounting Manager

Building Hope Charter School • Washington, DC

Posted 1 month ago

Job Snapshot

Full-Time
Degree - 4 Year Degree
Accounting - Finance
Accounting

Job Competition

75+

Applicants

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Job Description

Position Summary

The Accounting Manager is a key member of the Accounting and Finance team within Building Hope Real Estate (BHRE). He/she will be responsible for managing the Company's accounting activities, specifically focusing on supporting all aspects of daily accounting operations, investment accounting, and financial reporting. He/she will improve upon current processes and leverage systems to streamline existing processes, enhance controls and the quality and accuracy of financial data. The ideal candidate has a strong understanding of Real Estate accounting principles and experience with Intacct. The Accounting Manager will report directly to the VP of Finance for BHRE.

Responsibilities

Accounting operations

  • Lead the financial close process for Building Hope Real Estate
  • Record Journal Entries (closing entries, accruals, etc.) and review GLs to ensure accuracy
  • Maintain complete and accurate supporting schedules and work papers
  • Handle cash management responsibilities including: reconciliation of bank accounts, monitoring of cash balances, initiating wire transfers and reviewing intercompany activity
  • Become highly proficient in Intacct - the business's newly implemented accounting software
  • Support the processing of accounts payable and billing of revenue generating transactions

 

Investment and project-based accounting

  • Properly record in the accounting system investment activity
  • Analyze settlement sheets for acquisitions and/or financing closings
  • Review pay-applications to record construction in process for development projects
  • Utilize debt agreements and draw packages to reconcile 3rd party debt balances
  • Understand transaction related legal documents (e.g., leases, LLC operating agreements, loan agreements) to ensure accounting for transactions are appropriate

 

Financial reporting

  • Prepare and deliver accurate and timely monthly financial statements for a portfolio of 20+ properties
  • Ensure adequate processes and controls are in place and followed to drive accurate financial reporting
  • Assist with reporting compliance for lender, regulatory and other stakeholder requirements
  • Review allocations of overhead and salaries recorded to the RE business
  • Oversee the annual audit process with external auditors
  • Collaborate with the Finance team to respond to business needs and support ad-hoc analysis

 

Qualifications

  • Bachelor's degree in Accounting, CPA is preferred.
  • At least 5 years of professional experience in accounting, with a mix of public accounting/private industry
  • Strong understanding of GAAP, financial statements, financial and accounting concepts and processes
  • Experience with Intacct
  • Real estate industry experience
  • Outstanding oral and written communication
  • Strong organizational and prioritization skills with attention to detail
  • Demonstrated self-starter with the ability to learn quickly, identify problems/opportunities and be resourceful in taking action
  • A commitment to excellence and continuously seeking to learn and improve
  • Committed to Building Hope's mission
Job ID: ISO68570
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