Job Details

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.

April Housing's long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.

In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.

Staff Accountant

Position Description:

This position is a key member of the accounting team reporting to the Corporate Accounting Manager or Supervisor and working closely with the Director to contribute to a timely and accurate month-end close. The Staff Accountant will perform advanced and specialized assignments related to accounting for limited partnerships invested in Section 42 Low Income Housing properties and will perform key internal controls over financial reporting, ensuring quality and GAAP compliance for BREIT. This position requires strong knowledge of accounting principles, excellent communication and collaboration skills, effective analytical skills, the ability to make informed decisions in complex situations and provide valuable insights for process improvements.

Job Responsibilities:

• Perform daily accounting operations including journal entries, account reconciliations, SOX internal control procedures and financial reporting.
  
• Process monthly financial packages from third-party providers to ensure completeness and accuracy of reported information.
  
• Prepare journal entries and other analytical data to support month end closes.
  
• Reconcile general ledger account balances to the sub-ledger or supporting schedules.
  
• Produce monthly variance analysis reports for management in compliance with various SOX controls.
  
• Prepare resyndication loan draw reviews and funding journal entries to ensure all activities are properly coded to the correct projects and GL accounts.
  
• Actively assist in implementing new accounting processes and streamlining existing processes to increase efficiency and effectiveness.
  
• Work closely with other teams in the organization and external third-party providers to ensure that all transactions are recorded properly and timely.
  
• Gather documentation and prepare responses to requests from internal and external auditors.
  
• Troubleshoot escalated issues and ensure that they are handled timely and effectively.
  
• Document and update operating standard procedures for key accounting processes.
  
• Provide special project assistance to the CFO, CAO, Controller, or Accounting and Tax.
  
• Produce ad hoc reports and analyses as necessary.
  

Qualification:

• BA/BS in Accounting/Business/Finance.
  
• 2+ years of relevant accounting experience.
  
• Strong knowledge of GAAP accounting, including consolidations and real estate accounting.
  
• Public accounting experience is a plus.
  
• Low-Income Housing Tax Credit industry experience is a plus.
  
• Proficiency with Excel, Yardi or other Real Estate related software experience preferred.
  
• Excellent written and verbal communication skills.
  
• Team player.
  
• Excellent organizational and analytical skills.
  
• Ability to thrive in a fast-paced, deadline-oriented environment.
  
• Effective communication, attention to detail, time management, willingness to learn and take on new tasks.
  

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the California Fair Chance Act and any other applicable city, county, or local ordinances. Good cause exists for a criminal background check because one of the material duties of this position requires access to sensitive financial information and confidential and proprietary information and accordingly requires the candidate to possess a high level of integrity and discretion. The Company faces a significant risk to its business operations or business reputation if a criminal history check is not performed. A criminal history that has a direct, adverse, and negative relationship with these material duties may potentially result in the withdrawal of a conditional offer of employment.

Base Compensation Range:
$40.87 To $48.08 Hourly. This represents the presently-anticipated low and high end of the Company's base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.

Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).

The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.

Please review the job applicant privacy notice here.

EEO Statement

April Housing is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email ...@revantage.com