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Senior Property Accountant - Affordable Housing

909 3rd Ave, New York, NY 10022, USA Req #927

Wednesday, August 21, 2024

Paths is a full-scale, vertically integrated affordable housing developer, builder, and operator. Since 2004, the Paths team created and preserved high-quality affordable housing across the U.S. that enhances communities and helps residents build better lives. With over 12,000 units across 10 states under management and more than 400 employees, Paths manages a suite of capabilities spanning the entire property life-cycle, including: development, construction, property management, maintenance, and security.

The Senior Property Accountant will oversee the accounting and financial management of a portfolio of properties, responsible for maintaining accurate financial records and creating complete financial packages. This detail-oriented professional will also work closely with key personnel, including property management and auxiliary teams as well as external partners/stakeholders.

Classification: Exempt (not overtime eligible)

Key Responsibilities:

• Review and prepare monthly, quarterly, and annual financial statements for each asset within assigned portfolio

• Examine financial activity through strategic lens to provide insight and recommendations for improved performance

• Oversee and perform general ledger accounting, including AJEs, accrual adjustments and periodic account reconciliation.

• Monthly cash reconciliations, including reconciliation of escrow, reserve and other property level cash accounts.

• Manage accounts receivable/payable activity to ensure timely processing of receipts and disbursements by our supporting departments.

• Ensure timely completion of annual financial audit process, acting as lead contact between audit firms and the management group.

• Develop and refine property operating budgets annually to establish achievable performance goals.

  Requirements:

• Bachelor’s degree in Accounting, Finance or related field. CPA or MBA preferred

• 3-5 years of accounting experience within the real estate industry; residential/affordable experience preferred.

• Proficiency in property management software (Yardi preferred), as well as strong ability to operate and leverage Microsoft Suite products.

• Strong organization skills and attention to detail, with ability to self-manage multiple priorities and deadlines.

• Effective communication skills with an ability to collaborate successfully with internal/external stakeholders.

• Excellent analytical and problem-solving skills, ability to think critically to make informed decisions.

• Ability to perform at high level in a fast paced, ever-changing work environment.

  Salary Range: $85,000-105,000 annually

  What we offer:

• We offer 100% coverage for medical benefits to our employees. Additionally, we provide dental, vision, and other benefit options.

• The company offers a 401(k) plan with a matching contribution.

• Paid Time Off & Holidays

• Commuter Benefits

• STD, LTD, life insurance, dependent coverage

• Employee Assistance Program

• Supplemental Insurance

  RRSP

Paths Management Services LLC is an equal opportunity employer and does not discriminate in employment based on race, color, religion, sex, national origin, citizenship status, age, disability, political affiliation or belief.

Other details

• Job Family Accounting

• Pay Type Salary

• Min Hiring Rate $85,000.00

• Max Hiring Rate $105,000.00

• Required Education Bachelor’s Degree

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• 909 3rd Ave, New York, NY 10022, USA