Property Accountant (Foster City Office)

midpenhousing · Foster City, California · Foster City, California, United States

<div class="content-intro">About MidPen  At MidPen, we build communities that change lives. Since 1970, we have been committed to our mission: to provide safe, affordable housing of high quality to those in need; establish stability and opportunity in the lives of residents; and foster diverse communities that allow people from all ethnic, social, and economic backgrounds to live in dignity, harmony, and mutual respect. We develop affordable housing, provide professional property management for all our communities, and coordinate robust onsite support programs that help residents thrive. We are active in 12 Northern California counties and have earned recognition as one of the nation’s leading non-profit developers and stewards of affordable housing. Our current portfolio of more than 142 properties is home to 22,800 working families, seniors, and people with special needs. We take pride in delivering affordable housing solutions, and we invite you to join us on a journey toward social, economic, and racial equity.</div>Property Accountant The Property Accountant reports to the Accounting Manager is responsible for the financial closing and reporting of a multiple partnership portfolio, including the analytical review and reconciliation of all entities in the portfolio in compliance with US GAAP and the MidPen Policy and Procedures for Financial Reporting. Excellent written and verbal communication skills are required, as the Property Accountant will work with a variety of team members in Property Management, Asset Management, and Resident Services as well as the management team at MidPen. This position is also responsible for communicating financial results to all levels in the organization.  This is a hybrid position, based on current MidPen policy of working Tuesdays, Wednesdays, and Thursdays in the Foster City Office. Monday and Friday, option to work from home or the office. When working from home, requires a reliable internet connection. Responsibilities: <ul> <li><span data-ccp-charstyle="normaltextrun" data-ccp-charstyle-defn="{"ObjectId":"ac0262f4-8a9e-5820-b908-2d943c5f7113|1","ClassId":1073872969,"Properties":[201342446,"1",201342447,"5",201342448,"1",201342449,"1",469777841,"Calibri",469777842,"",469777843,"Calibri",469777844,"Calibri",201341986,"1",469769226,"Calibri",268442635,"22",469775450,"normaltextrun",201340122,"1",134233614,"true",469778129,"normaltextrun",335572020,"1",469778324,"Default Paragraph Font"]}">Analyzes and interprets financial information, compiles and reports data for assigned portfolio of properties </li> <li>Prepares complex account reconciliation and journal entries. Performs on-going analytical review in support of the monthly close process. Prepares monthly analysis of account variances </li> <li>Ensures all inter-entity transactions are in balance. Analyzes variances prior to financial reporting close </li> <li>Reads and understands compliance and partnership documents, including regulatory and loan agreements, as well as the accounting treatment associated with each document </li> <li>Proactively researches and documents conclusions on accounting issues wit

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