Accounting Manager - Disbursement Operations

April Housing • Los Angeles, CA

14h • $130,000 - $145,000

About The Position

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 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: The Accounting Manager will oversee cash disbursements and accounting for limited partnerships investing in Section 42 Low‑Income Housing Tax Credit (LIHTC) properties within a multi‑tiered investment structure. Reporting to the Vice President of Accounting, this role will supervise a team of three to four partnership accounting professionals and support special projects for the CFO, CAO, and other senior leaders. The Manager will direct cash receipts and disbursements, wire/ACH processing, and ensure the accuracy of all request packages, while providing key financial transaction data for corporate entities and a portfolio of LIHTC properties. The Ideal Candidate: Thinks beyond daily tasks and contributes to the long‑term vision of Partnership Accounting. Anticipates operational needs, identifies risks, and implements proactive solutions. Brings a continuous‑improvement mindset focused on scalability, automation, and modernization. Builds a high‑performing, collaborative team across onshore and offshore resources and holds the team accountable for accuracy and timeliness.

Requirements

• Bachelor’s degree in Accounting, Business, or Finance.
• Minimum of 6 years of relevant accounting and finance operations experience.
• Strong understanding of GAAP accounting principles.
• Proficiency in Excel, Yardi, GTreasury, AVID, Banking software, or other Real Estate related software preferred.
• Excellent written and verbal communication skills.
• Strong organizational, analytical, and team leadership abilities.
• Ability to thrive in a fast-paced, deadline-oriented environment.
• Maintains composure and leadership presence during periods of change or increased workload.

Nice To Haves

• CPA Preferred.
• Private equity experience is a plus.
• Experience in the Low-Income Housing Tax Credit industry is a plus.

Responsibilities

• Lead accounting operations within complex partnership structures and strengthen cross‑department collaboration.
• Drive best practices and standardization across onshore and offshore teams.
• Manage cash receipt and disbursement processes, including loan administration, and ensure timely and accurate monthly and year‑end reporting.
• Provide ad hoc reporting and analysis as needed.
• Oversee operational funding requests, ensuring complete and accurate documentation.
• Implement tools and controls to enhance cash management and improve cash flow forecasting.
• Review and enhance liquidity reporting in partnership with FP&A.
• Support resyndication activities, including construction draws, loan fundings, pre‑closing cost accounting, and construction‑in‑progress tracking.
• Partner with Portco teams to improve and standardize invoice processing workflows and ensure consistent expense coding.
• Support ERP and finance system integrations and upgrades to ensure smooth implementation.
• Monitor compliance with internal controls, accounting policies, and regulatory requirements.
• Develop and maintain standard operating procedures for key accounting processes, including oversight of offshore accounting functions.
• Invest in staff development through coaching, training, and structured feedback.
• Oversee partnership contribution and distribution waterfalls.
• Manage workflow and optimize wire processing through GTreasury in coordination with an affiliate service provider.
• Build strong working relationships with Corporate Accounting, Tax, FP&A, Capital Markets, and Transaction Management.
• Serve as backup to the Accounts Payable Manager when needed.
• Ensure team deadlines are met and deliverables meet accounting standards.

Benefits

• The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).

What This Job Offers

• Job Type: Full-time
• Career Level: Manager