Senior Real Estate Accountant

Salary: $87,176.86 - $106,141.36 annually

Type: Regular full time, full benefits

Application deadline: July 8, 2024

Department: Financial Services

Remote work opportunities available. Remote staff must work and reside within a 100-mile radius of the San Diego Housing Commission.

Benefits include, but are not limited to:

• 9/80 Compressed Work Schedule (office closed every other Friday)

• Remote work opportunities

• 14 paid holidays

• Employer paid pension contribution of 14% to base salary

• 457 tax-deferred savings plan

• Social security exempt

• Tuition reimbursement up to $5,000 annually

• Sharp PPO or HMO Plan, Kaiser Permanente HMO Plan,

• Dental

• Vision

• Flexible spending account

• Health and wellness perks

• Rewards & Recognition program

To see full benefits package, please visit:

https://www.sdhc.org/sdhc-employee-benefits/

About SDHC:

The San Diego Housing Commission (SDHC) is an award-winning public housing agency in the City of San Diego that provides innovative housing assistance programs for households with low income or experiencing homelessness. The San Diego City Council, in its role as the Housing Authority of the City of San Diego, oversees SDHC. SDHC helps pay rent for more than 17,000 households with low income annually; is a leader in collaborative efforts to address homelessness, such as the Community Action Plan on Homelessness for the City of San Diego and SDHC's homelessness initiative, HOUSING FIRST - SAN DIEGO, which has created more than 11,000 housing solutions since November 2014 for people experiencing homelessness or at risk of homelessness; and creates and preserves affordable rental housing, with more than 23,000 affordable units in service in the City today with SDHC's participation.

About the Department:

The Financial Services Department plans, organizes, leads and monitors the financial activities of the Housing Commission. This includes Accounting Services such as Accounts Payable, Accounts Receivable, Financial Reporting, Internal Controls and Audits, as well as, Financial Services such as Cash Management, Financial Analysis and Projections, Investments and Budget Development. The Financial Services Department also provides Pre-award Grant Review, Post-award Grant Setup, establishes Grant Administration Guidelines and Monitors Grant Compliance.

For the 15th consecutive year, the Financial Services Department was recognized by the Government Finance Officers Association (GFOA) of the United States and Canada with the "Certificate of Achievement for Excellence in Financial Reporting" for the fiscal year 2022 (July 1, 2021 - June 30, 2022) Annual Comprehensive Financial Report.

About the Position:

The Senior Real Estate Accountant is a remote position that will report to the Finance Manager - Real Estate and will be part of a small team although the majority of the work will be performed independently.

To perform this job successfully, the ideal candidate will demonstrate the ability to work independently and embrace a collaborative, engaging and inclusive work culture. Candidate will also possess strong time management and organizational skills. This position has full interaction in helping the operations of SDHC by interacting and supporting teams from Asset Management to Development Services, as well as budget and annual audit reporting. Day-to-day functions include interacting with 3rd party property management firms, lender reporting, and permanent supportive housing project variance analysis. No supervisory duties are assigned to this position.

Examples of Essential Job Functions:

• Provides responsible professional and technical assistance in the administration and implementation of the Commission's financial, auditing, and accounting programs.

• Reviews real estate portfolio based on financial performance, occupancy rates, physical component assessments, and compliance.

• Perform monthly accounting close duties including review of financial statements and associated reports; reconciliation of general ledgers to subsidiary ledgers; direct and/or prepare adjustments as needed.

• In depth review and analysis of financial statements and preparation of year end closing entries, schedules and reconciliations for submission to auditors.

• Preparation of financial ratios and metrics for performance analysis and adherence to loan covenants.

• Analysis of budget to actual reports including identifying variances; work with operations team to provide explanations, resolve errors, and identify potential solutions.

• Ensure financial data is recorded in accordance with generally accepted accounting principles (GAAP), industry standards, compliance with applicable federal and state regulations, lender and investor covenants and requirements; and agency and corporate policies.

• Accounting liaison to outsourced property management companies. Assist in establishing, communicating and ensuring proper accounting methods, policies and principles are adhered to.

• Special projects as needed, gathers data, and prepares reports for consideration by management

• Performs other duties as assigned.

Qualifications:

Knowledge of:

• Generally accepted accounting principles, accounting and financing, including program budgeting and auditing and their application to government agency operations.

• Applicable Federal, State, and local laws, regulatory codes, ordinances, and procedures relevant to assigned area of responsibility.

• Recent and on-going developments, current literature, and sources of information related to the operations of the assigned programs.

• Record-keeping principles and procedures.

• Modern office practices, methods, and computer equipment and applications related to the work.

• English usage, grammar, spelling, vocabulary, and punctuation.

• Techniques for providing a high level of customer service by effectively dealing with the public, vendors, contractors, and Commission staff.

Ability to:

• Analyze financial data and draw sound conclusions.

• Prepare clear and concise reports, correspondence, policies, procedures, and other written materials.

• Interpret, explain, and ensure compliance with Commission policies and procedures, complex laws, codes, regulations, and ordinances.

• Make accurate arithmetic, financial, and statistical computations.

• Enter and retrieve data from a computer with sufficient speed and accuracy.

• Prepare clear, complete, and concise financial statements and reports.

• Establish and maintain a variety of filing, record-keeping, and tracking systems.

• Organize and prioritize a variety of projects and multiple tasks in an effective and timely manner; organize own work, set priorities, and meet critical time deadlines.

• Operate modern office equipment including computer equipment and specialized software applications programs.

• Use English effectively to communicate in person, over the telephone, and in writing.

• Use tact, initiative, prudence, and independent judgment within general policy, procedural, and legal guidelines.

• Establish, maintain, and foster positive and harmonious working relationships with those contacted in the course of work.

Education and Experience:

Bachelor's degree from an accredited college or university with major coursework in accounting, finance, business or public administration, or a closely related field. Minimum five year's work experience in a similar role.

Physical Demands:

Must possess mobility to work in a standard office setting and use standard office equipment, including a computer; to operate a motor vehicle and to visit various Commission and meeting sites; vision to read printed materials and a computer screen; and hearing and speech to communicate in person, before groups, and over the telephone. This is primarily a sedentary office classification although standing in work areas and walking between work areas may be required. Finger dexterity is needed to access, enter, and retrieve data using a computer keyboard or calculator and to operate standard office equipment. Positions in this classification occasionally bend, stoop, kneel, reach, push, and pull drawers open and closed to retrieve and file information. Employees must possess the ability to lift, carry, push, and pull materials and objects weighing up to 25 pounds.

Environmental Elements:

Employees work in an office environment with moderate noise levels, controlled temperature conditions, and no direct exposure to hazardous physical substances. Employees may interact with upset staff and/or public and private representatives in interpreting and enforcing departmental policies and procedures.