Alexandria Housing Development Corporation (AHDC) is a rapidly growing non-profit housing developer, incorporated in 2004 which develops and operates affordable housing properties located within the City of Alexandria, Virginia. AHDC currently owns 184 units among five properties and has another 171 units currently under construction. AHDC’s primary goal is to create and sustain safe, high-quality housing for income-eligible households so they can thrive in the City of Alexandria.
AHDC Staff Accountant
Purpose of Position: Reporting to the Director of Finance, the Staff Accountant will assist with the day-to-day financial operations of the parent corporate entity (AHDC) and AHDC affiliated entities. Corporate accounting responsibilities include but are not limited to accounts payable, accounts receivable, treasury management, journal entries, and bank reconciliations.
Daily corporate accounting functions; invoice processing, cash deposit recordings, bank reconciliations. Ensure that all transactions are recorded in the general ledger and sub-ledgers with proper documentation.
Assist with uploading affiliated entity financials into AHDC’s accounting system, Sage Intacct
Work with Asset Management department to ensure that property KPIs are entered into Sage Intacct timely
Assist the Director of Finance with the month-end close, including preparing workpapers and updating audit schedules
Assist Director of Finance with the preparation of monthly and quarterly financial statements in accordance with US GAAP for AHDC and the financial packages for the Board, Investors and Lenders;
Assist the Director of Finance with the budget process, be familiar with the budget, and prepare actual to budget reports for department managers;
Assist the Director of Finance with preparation for the audits/tax returns of AHDC and related entities.
Other duties as assigned
Degree in accounting preferred, prior experience as a bookkeeper will be considered
Real estate, public accounting, affordable housing and/or non-profit experience preferred;
Ability to assume responsibility and follow-up on multiple tasks in an efficient manner;
Strong organizational skills and attention to detail, hardworking and accurate;
Proficiency in Office365 and prior experience with accounting systems
AHDC utilizes Sage Intacct, a cloud ERP financial system, prior experience with Intacct is not necessary but preferred
Salary and Benefits: This is a full-time position that will be paid a salary commensurate with experience.
Property Operations Associate
Summary of the Position:
The Property Operations Associate will work within AHDC’s asset management team to ensure the long term financial, physical, and operational sustainability of AHDC’s portfolio. The ideal candidate will apply analytical thinking, hands-on problem solving, and an interest in innovation and technology in order to continually improve operational efficiency, financial performance, and quality of life for families of AHDC communities.
Operations and Property Management Oversight (50%)
Assist Asset Manager with oversight of AHDC’s portfolio and the work of the third-party management firm to ensure consistent, efficient, and quality management at all properties
Research cost-effective means to optimize revenues and reduce operation costs, maintenance, and real estate taxes
Troubleshoot facility challenges, supervise consultants, and plan for capital improvements
Coordinate and conduct periodic site inspections to observe the physical condition and property management practices
Assist and the development and oversight of utility tracking and benchmarking programs
Track data based indicators to evaluate performance of third party management
Coordinate meetings with vendor and assist in contract reviews
Assist with punch walks and compiling list
Finance and Compliance (25%)
Review monthly financial statement and update reporting metrics for review by asset management team and senior staff
Review monthly, quarterly, and annual property financial and compliance reporting
Monitor all debt and financing requirements, including Section 42 LIHTC Compliance and ensure all reporting required by equity and debt partners is completed in a timely manner
Annual Survey and File Audit (10%)
Oversee the completion of AHDC’s annual tenant survey and file audit.
Perform random file audits to ensure AHDC property files are in
Perform random audits of tenant files and follow up on all compliance issues including IRS form 8823’s
Interdepartmental Collaboration (15%)
Assist the AHDC real estate development team to identify operational issues throughout the design/construction/lease-up/stabilization phases of new development and renovations
Assist with analysis of operating expenses on potential AHDC acquisitions.
Assist the AHDC public outreach and marketing team to highlight success stories of our properties as needed
Assist the resident services team with coordination and execution of onsite meetings and events with AHDC residents.
Perform other duties as directed.
Level of Education, Experience and Skill Set:
BS/BA in property management, finance, real estate, business, or other relevant discipline
Well organized, detail oriented, and excellent analytical skills; proficiency in financial analysis using Excel, project management software, and word processing software
Demonstrated experience preparing operating budgets and financial projections
Onsite property management experience a plus
Knowledge of affordable housing financing mechanisms and accompanying compliance requirements preferred
Skilled at performing multiple tasks simultaneously
Strong organizational ability
Strong written and oral communication ability
Job includes some evening and weekend hours
Salary and Benefits
This is an entry level position and salary is expected to be in the $40,000 - $50,000 range commensurate with experience. AHDC has a benefit package that includes medical, dental, vision insurance, and paid timed off.
How to apply
Please submit resume and cover letter that details salary requirements to firstname.lastname@example.org. Resumes that do not include a cover letter with salary requirements will not be considered for the position.