About the Role
The Staff Accountant II performs intermediate-level accounting functions for affordable housing portfolios, including LIHTC, HUD, RD, and other subsidized housing programs. This role supports accurate financial reporting, ensures regulatory compliance, and assists with month-end close activities. The ideal candidate has property management accounting experience and a solid understanding of affordable housing compliance.
Responsibilities
- Prepare and post journal entries, including accruals and recurring entries, for affordable housing properties.
- Assist with month-end and year-end close processes for multiple properties and legal entities.
- Reconcile general ledger accounts, including bank accounts, reserves, security deposits, restricted cash, and other balance sheet accounts.
- Prepare and review monthly property financial statements and perform variance analyses.
- Support LIHTC, HUD, RD, and other regulatory reporting and compliance requirements.
- Assist with annual audits, cost certifications, and compliance reviews.
- Track, reconcile, and monitor replacement reserves and restricted cash accounts.
- Collaborate with property management teams on financial and operational matters.
- Ensure compliance with GAAP, internal controls, and affordable housing program requirements.
- Identify and recommend improvements to accounting processes, controls, and reporting efficiencies.
- Provide guidance and support to junior accounting staff as needed.
Requirements
- Bachelor's degree in Accounting, Finance, or a related field.
- 3-5 years of accounting experience.
- Minimum of 2 years in affordable housing or property management accounting.
- Working knowledge of LIHTC and/or HUD programs.
- Strong understanding of GAAP and property-level accounting.
- Experience with property management accounting software (e.g., RealPage, Yardi, MRI, or similar systems).
- Strong Microsoft Excel skills, including pivot tables, formulas, and account reconciliations.
- Excellent organizational, analytical, and problem-solving skills.
- Ability to manage multiple deadlines across a diverse property portfolio.
- Experience with cost certifications and compliance audits.
- CPA or CPA candidate preferred.
- Experience with partnership accounting and fund accounting.
- Familiarity with state housing agency reporting requirements.
- Must be able to pass a 5-year background check.
- Pre-employment drug testing is conducted.
Skills
- Accounting
- Finance
- LIHTC
- HUD
- RD
- GAAP
- Property Management Accounting Software
- Microsoft Excel
- Pivot Tables
- Formulas
- Account Reconciliations
- Organizational Skills
- Analytical Skills
- Problem-Solving Skills
- Cost Certifications
- Compliance Audits
- Partnership Accounting
- Fund Accounting
- State Housing Agency Reporting
Location
- Rome, NY Area
Work Type
- Full-time
Experience Level
- Intermediate-level
- 3-5 years
- 2 years in affordable housing or property management accounting
Education Level
- Bachelor's degree in Accounting, Finance, or a related field.
- CPA or CPA candidate preferred
Salary/Compensations
- Competitive Salary
Benefits
- 11 paid holidays (includes 1 floating holiday and the day after Thanksgiving!)
- Excellent insurance options/benefits that are 75% employer paid!
- 100% up to 5% 401k match
- Annual reviews with performance-based bonuses
- EAP including Discount programs
- PTO accruing upon start
About the Company
- CRM Rental Management, Inc. is currently seeking an experienced Staff Accountant ll.
- CRM Rental Management, Inc. is an Equal Opportunity Employer.
Equal Opportunity
- CRM Rental Management, Inc. is an Equal Opportunity Employer.
