Senior Property Accountant

  • Full-time

Company Description

About Atlantic Housing Foundation:
Atlantic Housing Foundation (AHF), Inc. is a 501(c)3 not-for-profit affordable housing provider. Founded in 1999, we currently own and operate over 10,000 units of multifamily properties in 6 states and 37 cities. In addition to HUD HAP and LIHTC properties, Atlantic Housing owns and operates affordable housing, mixed-income multifamily assets, student housing and senior housing.

The mission of Atlantic Housing Foundation, Inc. is to promote and preserve quality affordable housing and related services for low and moderate income families, helping residents improve their lives. We will do this in a manner that will foster the continuous improvement of our people and our company. We strive to be a top performing, thoroughly professional and genuinely caring organization in all that we do. As an organization, we aspire to and believe in - Making a difference.

Why Should You Apply?

  • You believe in the AHF mission and core values
  • You are the best at what you do
  • You meet the qualifications below

Benefits Offered:

  • Paid every two weeks
  • Hybrid work environment
  • Educational Reimbursement
  • Opportunities for upward mobility
  • 12 Paid Company Holidays
  • 16 hours of Learning Time Off annually
  • 32 hours of Volunteer Time Off annually
  • Competitive Paid Time Off accrual
  • Rent discount if living on-site
  • Multiple health care insurance plans that cover medical, dental, prescription, vision, employer HSA contributions, and supplemental health insurance
  • Competitive 401(k) Program with employer matching contributions

Job Description

About the Senior Property Accountant Opportunity:
The Senior Property Accountant is responsible for month end close, financial statements, timely reporting of all trust accounts and replacement reserve requests.  Our growing portfolio consists of a mix of affordable, student housing, and senior living multifamily apartments.

The Senior Property Accountant reports to the Property Controller, and will work closely with the Property and Regional Managers, as well as Corporate staff.

Job Responsibilities:

  • Budget preparation and support for regional managers
  • Review monthly financials for accuracy
  • Review and prepare monthly GPR 
  • Reconcile all bank and trust accounts each month
  • Maintain balance sheet accounts in balance with supporting sub ledger and/or supporting documents (such as AR Rent, Prepaid Rent, Security Deposits, Prepaid insurance, and liabilities)
  • Manage and review credit cards and post JE to properties
  • Help process all required and replacement reserve draws
  • Assist with the annual audit
  • Manage cash for weekly check runs
  • Prepare the monthly cash flow waterfall calculations to ensure accurate and timely distributions and cash management with Trustee
  • Responsibility for other projects as assigned


Position Qualifications:

  • Bachelor’s Degree in Finance or Accounting highly preferred or 7+ years of relevant experience (as described by this job description)
  • Accounting experience 4 or more years.
  • Yardi experience, preferred
  • Relevant work experience within multifamily real estate industry highly preferred
  • Able to understand, review and analyze property financial statements.
  • Excellent skills with Excel and Word.

Additional Information

Personal Characteristics:

  • Dedicated to the mission of providing affordable housing and transforming communities.
  • Outstanding written and oral communication skills.
  • High attention to detail; must possess the confidence that work product is accurate and complete.
  • Solve problems independently and be flexible enough to work in a group setting.
  • Meet deadlines and prioritize work requirements.
  • Ability to partner effectively with property managers and work well within a team setting.
  • Able to contribute & produce daily tasks continuously in a hybrid (office/remote schedule) work environment