Overview

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April oversees a portfolio of over 85,000 affordable housing units in approximately 650 communities. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.

April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.

In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.

Position Description:

This position is a key member of the accounting team reporting to an Accounting Manager and contributing to a timely and accurate month-end close by performing specialized assignments related to the accounting for limited partnerships invested in Section 42 Low Income Housing properties through a multi-tier structure.

As of the date on which this job advertisement is posted, the Company anticipates that the hourly rate will add up to annual compensation range of $75,000- $85,000 (this represents the presently-anticipated low and high end of the Company’s range for this position). This position is also eligible for discretionary bonus on an annual basis. Actual base salary range may vary based on various factors, including but not limited to location and experience.

Responsibilities

Job Responsibilities:

• Review and identify daily cash receipts and apply them in various tracking systems (Including CLCS, CashPro, and MS Excel)
• Track loan and fee payments on 400 properties and report on delinquencies
• Prepare reports and other analytical data to support mid-month projections and month-end close.
• Reconcile bank accounts
• Produce weekly summary reports of all receipts
• Actively assist in implementing new accounting processes and streamlining existing processes to increase efficiency and effectiveness
• Work closely with other teams in the organization to ensure that all transactions are recorded properly and timely
• Gather documentation and prepare responses to requests from internal and external auditors
• Conduct follow up on expected receipts until resolved
• Troubleshoot escalated issues and ensure that they are handled timely and effectively
• Document and update standard operating procedures for key accounting processes
• Provide special project assistance to various other groups
• Produce ad hoc reports and analyses as necessary

Qualifications

Qualifications:

• BA/BS in Accounting/Business/Finance
• 2 years of relevant accounting experience
• Strong knowledge of GAAP accounting, including consolidations and real estate accounting
• Low-Income Housing Tax Credit industry experience is a plus
• Proficiency with Excel, Yardi or other Real Estate related software experience preferred
• Excellent written and verbal communication skills
• Team player
• Excellent organizational and analytical skills
• Ability to thrive in a fast-paced, deadline-oriented environment

EEO Statement

The Company is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com.

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