Senior Accountant - Property

TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION•San Francisco, CA

4d•$95,347 - $103,760•Hybrid

About The Position

Under the direct supervision of the Associate Director of Property Accounting, the Senior Property Accountant is responsible for full-cycle accounting of a portfolio of properties. This includes all rental transactions, month-end closing, general ledger account analysis, reconciling interfund accounts, reconciling bank accounts, performing internal audits, preparing audit schedules and other related accounting duties of the organization.

Requirements

Proven ability to follow directions and work independently.
Proven ability to efficiently reconcile balance sheet accounts.
Excellent interpersonal and organizational skills.
Ability to create various financial reports, identify unusual activities and propose corrections.
Proven ability to prepare PBC audit schedules efficiently
Proven ability to problem solve complex issues with limited information
Knowledge of double–entry accounting, financial statement preparation and account analysis
Strong understanding of monthly close procedures
Ability to operate office equipment such as personal computers and calculators.
Ability to coordinate eyes, hands, and fingers in performing word processing, writing, reading, and similar tasks.
Ability to lift 15-20 pounds.
Visual acuity is necessary to review documents.
Hearing acuity sufficient to use telephone and communicate with tenants, and staff.
Ability to perform sedentary to light physical work involves sitting most of the time.
Ability to work in an office environment.
Ability to travel to various work sites as needed.
Ability to add, subtract, multiply, divide, and calculate decimals, ratios, percentages, and fractions.
Ability to calculate weights and measures.
Ability to comprehend and correctly use informational documents including
Ability to communicate effectively with residents, coworkers and staff at all levels, residents, government officials, both verbally and in writing.
Ability to keep abreast of changes in policy, regulations, methods, operations, etc. as they apply to compliance and occupancy procedures and activities.
Bachelor’s degree in accounting or finance
3-4 years’ accounting experience, preferrable in property or affordable housing accounting.
Strong understanding of General Accepted Accounting Principles
Prior experience as key contributor preparing audits

Nice To Haves

Knowledge of residential property management, building, systems, and housing quality standards.
Knowledge of Asset Management functions
Knowledge of Tax Credit, HUD, SFHA
Knowledge of report writing
Proficient in Microsoft Excel and Yardi Voyager (or similar property management/accounting software)

Responsibilities

Perform full-cycle accounting for a portfolio of properties, including all revenue, expense, and general ledger activities
Prepare timely and accurate monthly, quarterly, and annual financial statements and variance analyses
Complete month-end and year-end close processes, ensuring adherence to established deadlines and reconciling schedules
Prepare and submit required financial reports to lenders, regulatory agencies, and other external stakeholders
Oversee accounts receivable functions, including tenant billing, subsidy postings, and rent collections
Reconcile tenant sub-ledgers and ensure alignment with the general ledger
Review and post rent payments, including electronic and check-based transactions (e.g., Yardi Checkscan)
Monitor tenant accounts and aging reports; research and resolve discrepancies
Track resident move-outs and ensure accurate, timely processing of security deposit refunds in compliance with regulations
Prepare and review monthly bank reconciliations and resolve outstanding items
Reconcile all general ledger accounts, including intercompany/interfund accounts, on a monthly basis
Prepare and post journal entries with clear documentation and audit trails
Ensure financial data integrity across systems and reports
Ensure compliance with internal policies, procedures, and internal controls, as well as affordable housing regulations (e.g., LIHTC, HUD, or other applicable programs)
Perform periodic internal audits to assess accuracy and compliance
Prepare audit schedules and support external auditors during annual audits
Ensure internal financial statements align with audited financial statements
Partner with Property Management and Leasing teams to ensure accurate rent rolls, occupancy data, and billing
Produce and present financial statements and other key reports to Housing Development team for new properties
Collaborate with Asset Management on financial performance, budgets, and operational insights
Provide financial data and support for grant reporting, lender compliance, and regulatory submissions
Serve as a key accounting liaison to Property Management and provide guidance or training on financial systems (e.g., Yardi)
Monitor property-level cash flow and ensure proper recording of intercompany transactions
Assist in identifying cash needs, funding requests, and operational variances
Support budget tracking and financial performance analysis
Contribute to process improvements and system efficiencies within the accounting function
Maintain organized and complete financial records and documentation