Real Estate Accounting Manager

1 week ago

Arlington, VA, United States Affordable Homes and Communities Full time
About AHC Inc.

AHC Inc. is one of the Washington, D.C. region's leading non-profit developers of affordable housing. For nearly 50 years, we have been committed to a single mission: to build and preserve affordable homes that provide stability and opportunity for residents to live, work, and contribute to their communities. By investing in neighborhoods across Maryland, Virginia, and Washington, D.C., we strengthen the economic fabric of the entire National Capital Region. Our work is more than real estate-it's about creating pathways to opportunity.

Position Summary

AHC Inc. is seeking a mission-driven Real Estate Accounting Manager to oversee the financial operations for our growing portfolio of affordable housing properties. This role is critical to ensuring the financial health and compliance of our properties, which directly supports our ability to develop and preserve affordable homes. The ideal candidate will be a hands-on leader with deep expertise in real estate accounting and possess a passion for process improvement, and community impact. This role will manage the full accounting cycle for a portfolio of multi-family properties and development projects, mentor accounting staff, and partner closely with our property management, asset management, and development teams.

Key Responsibilities

Mission-Critical Financial Management:
  • Manage annual audit process for portfolio of 46 multifamily projects ensuring timely delivery and compliance with annual deadlines.
  • Analyze monthly, quarterly, and annual financial statements provided by third-party property management firms in accordance with GAAP. Provide clear and actionable feedback to outsourced property management accounting teams to ensure compliance with AHC standards and practices.
  • Oversee cash management for the portfolio, including deposits, annual surplus cash disbursements, and bank reconciliations, to ensure optimal liquidity for our mission-driven operations.
  • Integrate newly acquired or developed properties into AHC's accounting and reporting frameworks.
  • Review work of development accounting team members and ensure timely submission of draw requests and required compliance reporting.
Affordable Housing & Compliance Expertise:
  • Review monthly tenant rent charges, housing assistance payments, and other revenue streams specific to affordable housing programs and work with asset management team to ensure compliance and timely receipt of government subsidy payments.
  • Ensure compliance with requirements from various sources, including Low-Income Housing Tax Credit (LIHTC) partnerships, HUD, lenders, and other state/local grants.
  • Coordinate preparation of financial reports required for regulatory agencies, internal stakeholders, investors, and grantors.
Leadership & Operational Excellence:
  • Supervise, mentor, and develop a team of property accountants, fostering a collaborative and high-performing environment.
  • Review the work of property accountants to ensure complete and accurate financial reporting for assigned properties.
  • Collaborate with outsourced property management and internal asset management teams to prepare the annual property operating budgets and re-forecasts, providing financial insight to support operational decisions.
  • Identify and lead process improvement initiatives to enhance the efficiency and accuracy of the accounting function.
Qualifications & Experience

Required:
  • Bachelor's degree in Accounting, Finance, or Business Administration.
  • Experience with annual audit preparation and management.
  • Minimum of 7 years of progressive accounting experience, with at least 3 years in a supervisory role.
  • Significant experience in real estate accounting, specifically within multi-family residential or affordable housing.
  • Expert knowledge of GAAP and experience with the financial complexities of affordable housing, such as LIHTC partnerships, HUD regulations, or other subsidized housing programs.
  • Advanced proficiency in Yardi or similar real estate accounting software is required.
  • Experience with job cost accounting and real estate development operational reporting.
  • Advanced proficiency in Microsoft Excel for financial modeling and analysis.
  • Exceptional attention to detail, strong organizational skills, and the ability to manage multiple priorities to meet deadlines.
Preferred:
  • CPA (Certified Public Accountant) certification is highly preferred.
  • Experience in a non-profit environment is a significant plus.
What We Offer
  • A competitive salary and comprehensive benefits package.
  • The opportunity to use your professional expertise to make a tangible, positive impact on your community.
  • A collaborative, mission-driven work culture.
  • Opportunities for professional development and growth within a respected and established organization.

  • Property Accountant

    1 week ago

    Arlington, VA, United States Lincoln Property Company Full time

    Responsible for providing timely and accurate reporting of the financial operations of assigned properties. This includes financial reporting, budgeting, forecasting and cash management Responsibilities: Responsible for the general ledgers for assigned properties, including monthly journal entries, income and expense accruals, expense recovery true-ups...

  • Property Accountant

    2 weeks ago

    Arlington, VA, United States Lincoln Property Company Full time

    Responsible for providing timely and accurate reporting of the financial operations of assigned properties. This includes financial reporting, budgeting, forecasting and cash management Responsibilities: Responsible for the general ledgers for assigned properties, including monthly journal entries, income and expense accruals, expense recovery true-ups...

  • Property Accountant

    4 days ago

    Arlington, VA, United States Lincoln Property Company Full time

    Responsible for providing timely and accurate reporting of the financial operations of assigned properties. This includes financial reporting, budgeting, forecasting and cash management Responsibilities: Responsible for the general ledgers for assigned properties, including monthly journal entries, income and expense accruals, expense recovery true-ups...

  • Property Accountant

    1 week ago

    Arlington, VA, United States Lincoln Property Company Full time

    Responsible for providing timely and accurate reporting of the financial operations of assigned properties. This includes financial reporting, budgeting, forecasting and cash management Responsibilities: Responsible for the general ledgers for assigned properties, including monthly journal entries, income and expense accruals, expense recovery true-ups...

  • Property Accountant

    1 week ago

    Arlington, VA, United States Lincoln Property Company Full time

    Responsible for providing timely and accurate reporting of the financial operations of assigned properties. This includes financial reporting, budgeting, forecasting and cash management Responsibilities: Responsible for the general ledgers for assigned properties, including monthly journal entries, income and expense accruals, expense recovery true-ups...

  • Senior Property Accountant

    6 days ago

    Arlington, VA, United States Lincoln Property Company Full time

    The Senior Property Accountant is responsible for the accurate and timely financial reporting of a designated real estate portfolio. This includes managing property budgets and forecasts, ensuring compliance with accounting standards, and working closely with property managers to optimize operational efficiency. The ideal candidate will possess strong...

  • Senior Property Accountant

    1 week ago

    Arlington, VA, United States Lincoln Property Company Full time

    The Senior Property Accountant is responsible for the accurate and timely financial reporting of a designated real estate portfolio. This includes managing property budgets and forecasts, ensuring compliance with accounting standards, and working closely with property managers to optimize operational efficiency. The ideal candidate will possess strong...

  • Director of Revenue Accounting

    4 days ago

    Arlington, VA, United States CoStar Realty Information, Inc. Full time

    Director of Revenue Accounting Job Description CoStar Group Company Intro: CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all...

  • Director of Revenue Accounting

    2 days ago

    Arlington, VA, United States CoStar Realty Information, Inc. Full time

    Director of Revenue Accounting Job Description CoStar Group Company Intro: CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all...

  • Director of Revenue Accounting

    1 week ago

    Arlington, VA, United States CoStar Realty Information, Inc. Full time

    Director of Revenue Accounting Job Description CoStar Group Company Intro: CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all...