Property Accountant


Company: Atlantic Housing Foundation, Inc.

Title: Property Accountant

Location: Dallas, TX

About Atlantic Housing Foundation:

Atlantic Housing Foundation, 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 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.


About the Property Accountant Opportunity:
The 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 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.

        Update per unit analysis

        Replacement Reserve schedule

        Mentor Staff Accountants

        Assist with the annual audit


Position Qualifications:

        Bachelor’s Degree, Accounting highly preferred.

        Accounting experience 3 or more years.

        Yardi experience, preferred

        Relevant work experience within multifamily real estate industry

        Able to understand, review and analyze property financial statements.

        Excellent skills with Excel and Word.


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 provide leadership to property managers and work well within a team setting.

Atlantic Housing Foundation, Inc. is an EEO employer - M/F/Vets/Disabled
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