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Accounting Manager (Investments)

April Housing
Posted 2 months ago, valid for 15 days
Location

Los Angeles, CA 90053, US

Salary

$145,000 - $160,000 per year

Contract type

Full Time

Health Insurance
Paid Time Off

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Sonic Summary

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  • April Housing is a prominent owner and operator of affordable housing in the U.S., seeking an Accounting Manager with 6-8 years of experience in investment accounting or public accounting.
  • The position involves overseeing accounting functions, managing financial reporting, and collaborating with senior management to develop policies and provide financial insights.
  • Candidates must possess a BA/BS in Accounting/Business/Finance, a CPA license, and strong knowledge of GAAP accounting, particularly in real estate and consolidations.
  • The base salary for this role ranges from $145,000 to $160,000 annually, with additional eligibility for discretionary bonuses and benefits including health insurance and retirement plans.
  • April Housing is committed to fair employment practices and will consider qualified applicants with criminal records in accordance with applicable laws.

At April Housing, we’re building a team of bold, mission-driven professionals who are motivated by meaningful work and energized by collaboration. Our work supports a clear purpose of expanding access to high-quality housing, and each role plays an important part in advancing that mission.

 

You’ll collaborate shoulder‑to‑shoulder with some of the most talented experts in the industry, gaining hands-on exposure that helps you grow your skills and broaden your perspective from the day one. Our environment is dynamic, fast paced and evolving, designed to support curious, ambitious people as they take on new challenges and develop capabilities that translate throughout their careers.

 

April Housing is a leading owner and operator of high‑quality affordable housing across the United States. Founded in 2022 and headquartered in Los Angeles, we are a portfolio company of Blackstone Real Estate, supporting the affordable housing and LIHTC (Low-Income Housing Tax Credit) portfolio. Our mission is clear: preserve critical affordable housing stock while delivering exceptional management and high‑quality homes to the communities we serve. We are committed to being a fair, transparent, and responsible owner.

 

Backed by Blackstone Real Estate enabling us to invest in the creation and preservation of affordable housing for the long run. We are making a bold commitment to preserving affordable housing across the country. April Housing is dedicated to ensuring our assets aligned with high standards of excellence, including ongoing property improvements and elevated resident services.

 

We’re looking for individuals who share our commitment to excellence and believe in the impact that thoughtful, well-executed work can have on communities. If you’re driven by purpose, value collaboration, and are excited to grow while contributing to something meaningful, April Housing offers a place to build experience, expand your impact, and do work that matters.

Accounting Manager – Corporate Accounting

Position Overview:

The Accounting Manager will hold a key leadership role within the accounting department, responsible for overseeing multiple accounting functions, ensuring the accuracy and timeliness of financial reporting. This role will play a strategic role in developing policies and providing financial insights to senior management. It involves managing client investment portfolios and providing accounting oversight over 400+ low-income multi-family residential properties across various property management companies (PMCO), will report directly to the Accounting Director, and collaborate closely with the Controller and Chief Accounting Officer.

Primary Job Responsibilities:

 

  • Oversee and manage month-end accounting closes, including the preparation, maintenance and reconciliation of general ledger accounts and financial statements.

  • Oversee and manage the accounting and reporting for fixed assets and debt.

  • Oversee the accounting for complex capital transactions, including acquisitions, resyndications, dispositions, buyouts, refinances.

  • Manage accounting for resyndication process, including initial transaction analysis, ongoing accounting, and reporting.

  • Perform technical accounting research and prepare accounting memos for complex or non-routine transactions.

  • Oversee the preparation of analytical data to support month-end closings, such as Flash reporting and monthly financial package.

  • Manage and maintain key accounting systems (Yardi).

  • Closely collaborate with PMCOs and other business units within the Company to drive process optimization, restructuring, and implementation of new business strategies.

  • Develop and implement new accounting processes and other strategic initiatives to improve financial performance.

  • Lead, manage, and train on-site (Los Angeles) and off-site (India) accounting teams.

  • Coordinate audit activities with external auditors and ensure the accurate and timely preparation of standalone financial statements.

  • Lead the Sarbanes-Oxley (SOX) compliance program, including risk assessment, control design, documentation, and testing.

  • Provide special project assistance to the CFO, CAO, Controller, or Director.

  • Produce ad hoc reports and analyses as necessary.

 

Skills:

 

  • Strong leadership skills, strategic vision, ability to inspire and drive performance

  • Excellent written and verbal communication skills to effectively present to senior management and other departments

  • Advanced understanding of accounting processes and systems, proficiency and financial analysis and strategic planning.

  • Proficiency with Excel, Yardi, FAS, and other real estate-related software experience preferred

  • Strong organizational skills to set clear goals, adhere to deadlines, delegate tasks effectively

  • Strong mentorship skills to guide and provide feedback to the team

  • Analytical and problem-solving skills to assess financial standing and develop optimized financial strategies

  • Financial and regulatory knowledge to ensure compliance with relevant regulations

  • Strong mathematical abilities, decision-making, and analytical skills to produce relevant reports and analyses 

  • Ability to thrive in a fast-paced, deadline-oriented environment

  • Ability to collaborate across functional areas and work with various teams

  • Must consistently exercise strong discretion, judgment, and business acumen

Qualifications:

 

  • BA/BS in Accounting/Business/Finance

  • 6-8 years of technical, investment accounting experience and/or process-oriented public accounting experience

  • Strong knowledge of GAAP accounting, including consolidations and real estate accounting

  • CPA license required

  • Experience in the Low-Income Housing Tax Credit industry is a plus

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:

$145,000.00 To $160,000.00 Annually. 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.

Total Direct Compensation:  This job is also eligible for discretionary bonus and incentive compensation on an annual basis.

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 talent@revantage.com




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