Staff Accountant

POSITION SUMMARY

The Staff Accountant must apply principles of accounting to analyze financial information and prepare financial reports by performing essential duties and responsibilities listed below. The position may oversee a portfolio of corporate entities, multifamily assets, single family homes, developments and possibly commercial assets.

DUTIES AND RESPONSIBILITIES

To perform this job successfully, an individual must be able to perform each duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the duties of the job.

ESSENTIAL JOB FUNCTIONS

Essential functions for this position relate to the responsibility of oversight of accounting functions of assigned properties and / or companies, including but not limited to:

• Maintain interprogram accounts

• Create billbacks and invoices as needed

• Prepare and record journal entries

• Complete monthly bank reconciliations

• Maintain supporting schedules for financial statement accounts

• Prepare monthly financials and distribute timely

• Review and reclassify invoice coding to proper accounts as necessary

• Prepare replacement reserve requests, as needed

• Oversee banking functions related to portfolio, researching and resolving issues on accounts

• Provide additional reports and analysis as requested

• Distribute monthly financial packages and / or Board Reports

• Calculate and/ or manage receivables and payments for monthly fees

• Compile budget data for accounting related items needed in property budgets

• Analyze monthly cash projections and propose payment plans as needed for certain vendors/transactions

• Analyze and modify escrows and accruals as needed.

• Monitor annual tax and insurance invoices are paid timely for assigned portfolio

• Prepare audit packages and oversee audits for portfolio annually

• Manage accounting related duties for assets held for sale and under development

• Process draw requests as needed

• Follow established Company policies and procedures

• Use initiative but also request assistance when appropriate

• Work with and assist others when possible

• Represent HDC and its affiliates in a professional manner at all times

• Keep direct supervisor informed of high priority items/transactions and potential liability exposure for each property/company

• Attend conferences as necessary

• Maintain a professional and courteous work manner with all residents, vendors, contractors and fellow employees

• Ensure compliance of all work related activities in fair, ethical and consistent manner

• Arrive to work on time as scheduled and prepared

• Any other tasks as assigned

ADDITIONAL JOB FUNCTIONS

• Ensures that all financial statements are prepared and in accordance with GAAP, and in compliance with established accounting policies and procedures.

• Maintains internal control system to ensure integrity of data and works to achieve transparency in accounting and financial reporting processes.

• Provide technical leadership for all accounting and financial matters.

• Keeps abreast of changes in laws, policies, and HUD regulations related to financial operations and ensures adherence to appropriate policies, procedures, regulations and guidelines.

• Coordinates financial, and investor packages.