Job Description

Job Description

Job Description

Company Overview

AHC (Affordable Homes & Communities) is a mission-driven, non-profit organization committed to developing affordable, workforce, and mixed-income rental housing in the Virginia, Washington DC, and Baltimore regions. With a resident-centric approach, we manage over 8,000 apartment units in 50+ communities, providing educational programs and social services through our Resident Services team. 

About the Team

The Finance Team at Affordable Homes & Communities (AHC) is responsible for managing critical financial functions essential to the organization's mission. This includes overseeing budgeting, financial reporting, regulatory compliance, cash management, treasury operations, tax compliance, audit preparations, and financial analysis. Collaborating closely with other departments, the finance team ensures financial sustainability, transparency, and accountability in delivering affordable housing solutions to communities in need. 

About the Job

The Senior Corporate Accountant plays a central leadership and execution role within the Corporate Accounting team. Reporting directly to the Controller, this position is responsible for managing high-level accounting operations, executing and reviewing complex reconciliations, treasury activities, preparing financial statements, making tax payments, managing tax extensions, assisting with the annual audit and leading the month-end close process. In addition to preparing financial reports, the Senior Corporate Accountant provides training and developmental support to the Corporate Accountant ensuring efficient and accurate financial execution in alignment with AHC’s goals and standards.

Responsibilities

Include but are not limited to the following:

Accounting Execution & Financial Reporting

1. Prepares and reviews monthly, quarterly, and annual financial statements in compliance with GAAP and cash basis, as required.
2. Performs and oversees complex account reconciliations, including intercompany accounts, restricted funds, prepaid balances, and accruals.
3. Manages general ledger operations for AHC and related entities (e.g., GBAHC, GP entities), ensuring timely and accurate posting of journal entries.
4. Leads the month-end and year-end close processes, ensuring deadlines are met and all entries and schedules are complete and accurate.
5. Performs monthly expense allocation for AHC, GBAHC.
6. Tracks and reconciles donations, grants, and contributions, ensuring appropriate classification and supporting documentation.
7. Coordinates tax estimates & filings
8. Oversees treasury duties such as maintaining bank accounts list

Leadership & Staff Oversight

1. Supervise, mentor, and review work performed by the Corporate Accountant and Accounts Payable Specialist.
2. Provide training and guidance on accounting standards, policies, and procedures to ensure consistency and adherence across the team.
3. Create a culture of accountability and continuous improvement within the Corporate Accounting team. 

Treasury Services & Internal Controls

1. Oversees daily cash monitoring and liquidity tracking across AHC bank accounts.
2. Coordinates and approves wire transfers, weekly check runs, and capital call activities.
3. Monitors bank balances and supports the Controller with short-term cash planning and forecasting.
4. Ensures internal controls are followed and assists in updating accounting procedures and documentation.
5. Maintains bank information census.
6. Maintains critical deadline list for accounting department deliverables

Audit & Tax Compliance

1. Maintains accounting files in an organized and efficient manner. 
2. Updates the master banking list and treasury procedures quarterly. 
3. Enters wires in the treasury system for review and execution by the Controller and CFO. 

Cross-Departmental Collaboration & Special Projects

1. Collaborate with Real Estate, Development, and Pre-Development teams to ensure consistent and accurate financial tracking across departments.
2. Support project-based financial needs, such as cost allocations, funding reconciliations, and interdepartmental transactions.
3. Lead or participate in strategic initiatives and process improvement projects assigned by the Controller or CFO.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field. CPA a plus.
• 8+ years of progressively responsible accounting experience including supervisory duties; real estate or affordable housing experience strongly preferred.
• Proficient in Microsoft Office Suite; experience with MIP and/or Yardi highly desirable.
• Deep understanding of GAAP and fund accounting principles.
• Strong analytical, reconciliation, and problem-solving skills.
• Excellent organizational and communication skills; ability to manage multiple priorities under tight deadlines.
• Demonstrated leadership and staff development experience.
• High attention to detail and financial reporting accuracy.
• Ability to perform complex account reconciliations and close processes independently.
• Collaborative mindset with a commitment to accuracy, improvement, and accountability.

Working at AHC 

• AHC has a Hybrid Work Schedule with staff working onsite on our core days (Monday, Tuesday, and Thursday). Staff may work remotely on Wednesday and Friday. 

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