Revantage

Staff Accountant

Job Locations US-CA-Los Angeles
Job Post Information* : Posted Date 5 days ago(9/22/2023 10:21 AM)
ID
2023-5819
# of Openings
1
Category
Accounting

Overview

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 oversees a portfolio of over 85,000 affordable housing units in approximately 650 communities. 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.

 

As of the date on which this job advertisement is posted, the Company anticipates that the base salary range for this role is $35.50-$44.72 per hour (projected annual compensation of $73,840 - $93,017 plus overtime) with a 5% bonus target (this represents the presently-anticipated low and high end of the Company’s range for this position). Total direct compensation may also include discretionary bonus and/or incentive compensation. Actual base salary range may vary based on various factors, including but not limited to location and experience.

Responsibilities

Position Description:

This position is a key member of the accounting team reporting to an Accounting Manager and contributing to a timely and accurate month-end close by performing advanced and specialized assignments related to the accounting for limited partnerships invested in Section 42 Low Income Housing properties through a multi-tier structure.

 

Job Responsibilities:

  • Review monthly financial package 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
  • 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, Controller, or Accounting Manager
  • Produce ad hoc reports and analyses as necessary

Qualifications

Qualifications:

  • 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

EEO Statement

The Company 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 talent@revantage.com.

 

#LI-TH1 #LI-Hybrid

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