Accountant - Affordable Housing
About The Position
Our SelectLeaders client is a family-owned construction management, development, and general contracting firm based in Brooklyn, NY, focused on multifamily affordable and supportive housing. For decades, they have partnered with faith leaders, local officials, and community organizers to shape the neighborhoods in which we live and work. The firm develops affordable housing in partnership with HPD and HCR, leveraging city and state subsidies, tax credit structures, and additional capital sources. They also provide construction and ownership representation services for church-led housing initiatives across New York City, Maryland, and Atlanta. They are seeking a detail-oriented Accountant with deep experience in affordable housing development to support the full lifecycle of projects from predevelopment through construction, lease-up, and conversion. This role is critical in ensuring financial accuracy, compliance, and seamless coordination with internal and external stakeholders. This is an ideal opportunity for someone with a strong accounting or finance background who is interested in expanding into real estate development. This position is ideal for someone who: Is deeply community-oriented and mission-driven Thrives in complex, fast-moving environments Understands affordable housing finance and compliance Wants hands-on involvement in shaping neighborhoods and creating opportunity
Requirements
- Bachelorâs degree in Accounting, Finance, or related field
- 5+ years of accounting experience, with a focus on real estate, specifically affordable housing development
- Strong understanding of development accounting, including capitalized costs and project-based accounting
- Experience managing financials across multiple projects and complex capital stacks
- Proficiency in Excel and accounting systems (e.g., Yardi, Quickbooks)
- Strong attention to detail with the ability to manage deadlines across concurrent projects
Responsibilities
- Manage and maintain accurate trial balances, general ledger activity, and financial reporting across multiple development projects
- Perform monthly bank reconciliations and ensure timely resolution of discrepancies
- Prepare and analyze balance sheets and supporting schedules
- Track and record capitalized project costs, ensuring proper classification and compliance with accounting standards
- Oversee and monitor project budgets, including phasing costs from predevelopment through construction and conversion to stabilized operations
- Partner closely with development and asset management teams to align financial reporting with project milestones
- Support audit processes, including preparing schedules, documentation, and coordinating with external auditors
- Assist with financial reporting for lenders, investors, and regulatory agencies (e.g., LIHTC compliance)
- Identify opportunities to improve accounting processes, controls, and reporting efficiency
- Assist in managing financial aspects of development projects from pre-development through completion
- Monitor project budgets, costs, and financial performance
- Support municipal and entitlement-related efforts with a financial lens
- Coordinate with third-party property managers and consultants
- Help build and improve internal financial and reporting processes
- Assist in implementing systems and best practices for project tracking and documentation
- Contribute to a growing platform with the opportunity to take on increased responsibility over time
Benefits
- Medical, Dental and Vision Insurance
- 10 Days PTO annually, and 13 Holidays
- Designated Sick leave accrual
- Participation in the New York City Deferred Compensation Plan (DCP) comprised of a 457 Plan and a 401(k) Plan
- Flexible schedule: Enjoy remote Fridays (unless required on-site), plus 30 additional remote days each year, designed to give you flexibility and balance while staying connected to the team.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
101-250 employees
