A non-profit company that serves the needs of low- and moderate-income residents through housing and economic development. The JPNDC was founded in 1977 to work closely with neighborhood residents, organizations and businesses committed to planning and carrying out community development projects to benefit residents of Jamaica Plain, MA. Together we work to maintain our diversity and revitalize the JP neighborhood through a comprehensive strategy for community empowerment; economic development and affordable housing.
Responsible for all aspects of accounting for real estate development projects including tracking sources and uses, preparing requisitions, communicating with funders, financial analysis, budgeting and financial reporting. Other responsibilities include financial planning, cash management, and supervision.
Job duties:
Key Responsibilities
1. Maintain systems to track financial progress of real estate development projects and prepare funding requisitions. Maintain regular communications with project staff, lenders and consultants regarding project costs and financing requirements.
2. Reconcile general ledger accounts on a monthly basis to maintain accuracy of accounts for JPNDC and affiliates.
3. Prepare financial reports (for internal and external users) including quarterly budget to actual reports for Board of Directors.
4. Assist with monthly cash management including reporting on entity level and individual real estate projects as well as inter-company activity.
5. Assist in year end closing and start-up activities including audit preparation to ensure that annual audits are completed in a timely manner.
6. Work with Finance Director to prepare annual operating and capital budgets and other financial analysis related to real estate business line.
7. Work with program and project managers to develop budgets for programs and real estate development projects.
8. Manage audit and compliance requirements for all affiliated real estate organizations, working in coordination with the Director of Asset Management.
9. Assist in preparation of cost certifications required by HUD and ones required for low income housing and new market tax credits.
10. Assist in setting up new accounting entities as required for new development projects.
11. Perform other related duties as required.
Req. candidate profile :
General Qualifications
• Demonstrated ability in accounting, financial reporting, analysis, and budgeting.
• Experience working with and supervising other accounting staff.
• Ability to plan work and meet deadlines.
• Excellent written and oral communication skills.
• Bilingual oral and writing skills (Spanish/English) a plus.
Specialized Education and Experience
• Five to six years of responsible accounting experience.
• Experience with real estate development accounting. Knowledge of the affordable housing industry including HUD, low income housing tax credits and new market credits is desirable.
• BA in accounting.
• Computer proficiency required. Working knowledge of MS Word, MS Excel, MS Access, MS PowerPoint, and Peachtree or similar accounting software.
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