Assistant Controller, Corporate Accounting and Treasury

To apply, visit: https://nhtinc.bamboohr.com/careers/108?source=aWQ9MjA=.

ORGANIZATIONAL BACKGROUND

National Housing Trust (NHT) has been dedicated to creating and preserving affordable housing for almost 40 years. We build, preserve, and finance affordable housing and use that expertise to inform and advance resident-focused solutions to strengthen the broader affordable housing industry.

NHT has a staff of 60 across five program areas: Policy, Lending, Real Estate Development, Community Outreach and Impact, and Energy Solutions. Our hallmark is our cross-functional, integrated approach to innovating, demonstrating, and amplifying solutions to the affordable housing crisis in the U.S.

POSITION

The Assistant Controller, Corporate Accounting and Treasury is a full-time position located in Washington D.C. for an experienced CPA. This position reports to the Controller, Real Estate and Corporate Accounting and is responsible for overseeing the corporate accounting and treasury functions in the Finance department. Responsibilities include maintaining the day-to-day accounting operations for NHT and affiliate entities related to Accounts Payable and Receivable oversight, accurate and timely recording of daily financial transactions, month end close tasks and other tasks as assigned. The position communicates with vendors, outside contractors, and NHT staff.

The position will supervise a team composed of an Accounting Manager, Senior Accountant, and Staff Accountant.

This position is DC-based and qualifies for a hybrid work schedule, working a minimum of two days per week (Tuesdays and Thursdays) at NHT’s corporate office. The required number of in-office days may increase based on business or operational needs in alignment with NHT’s mission.

RESPONSIBILITIES

• Provide oversight to finance staff responsible for corporate accounting functions including Accounts Payable, Accounts Receivable, Grants Management, Lending and Treasury.
• Manage month-end and year-end closing process for NHT corporate entity and Lending affiliate entities, including reconciliations and analysis of related accounts.
• Oversee accounting and financial reporting for a Community Development Fund, ensuring compliance with applicable regulations and alignment with organizational goals.
• Coordinate with OPHR staff to prepare payroll entries for month-end close process.
• Prepare budgets and financial reports for NHT corporate entity and Lending affiliate entities.
• Review, analyze, and present month-end, quarter-end, and annual financial statements.
• Research and resolve accounting issues including evaluation and implementation of new accounting pronouncements to ensure US GAAP compliance.
• Under the guidance of the Controller, identify and enhance organizational policies and procedures and employ systems that will improve the overall operation and effectiveness of accounting operations.
• Conduct monthly review meetings with the lending team in conjunction with the Controller.
• Review and analyze grant compliance and prepare journal entries as part of the month-end closing process.
• Create and analyze financial reports and ad hoc reporting and analysis as required.
• Assist in the oversight of, and liaison with, outside auditors regarding annual audit requirements for corporate and lending entities. Help lead annual audit and preparation of tax returns by external CPA’s. Communicate any findings, scheduling changes, and progress of audits and tax returns to the Controller on a regular basis.
• Oversee the preparation of Form 990 filings for applicable and assigned NHT entities, in collaboration with and subject to review by the Controller, ensuring accuracy and timely submission in compliance with IRS requirements.
• Assist the Controller to enhance internal treasury processes and implement changes to ensure compliance with internal policies, controls and procedures.
• Assist with the implementation of treasury solution strategies associated with deposit products, cash management services and payment services offered by the bank as directed by the Controller.
• Review bank balances and inform the Controller on cash flow analyses.
• Collaborate and consult with key internal departments, affiliates, and the Controller to help improve treasury services and systems.
• Work with the Controller to test treasury applications to ensure functionality is delivered as expected.
• Assist the Controller with maximizing the impact of the accounting system with the development of templates, reports, and other aspects of the financial system as applicable.
• Provide regular updates to the Controller regarding work and initiatives pertaining to the corporate team and help identify possible solutions to any internal or external issues that the team encounters.
• Perform all other duties and tasks as assigned.

DOES THIS SOUND LIKE YOU?

• Bachelor’s degree in accounting and current or former CPA strongly preferred.
• A minimum of 7 years experience in successful audit, accounting, tax, and financial experience, preferably in the non-profit or lending sectors.
• Extensive experience managing high-value, complex grants, including structuring and overseeing lifetime compliance requirements
• Experience managing accounting for community development funds or similar mission-driven financial structures is preferred.
• Experience working with treasury functions such as cash flow preparation and analysis.
• Advanced knowledge of accounting and reporting software; experience with Sage Intacct preferred.
• Keen analytic, organization and problem-solving skills.
• Ability to manage multiple projects with competing deadlines.
• Experience managing people and teams, with skill in balancing delegation with “hands-on” support.

COMPENSATION

Salary and benefits are competitive and commensurate with experience. The salary range for this position is $130,000 to a maximum of $150,000.

JOIN US

To apply, visit: https://nhtinc.bamboohr.com/careers/108?source=aWQ9MjA=.

No direct emails or phone calls, please.