• Senior Corporate Accountant

    BRIDGE Housing Corporation (San Francisco, CA)


    Summary

    BRIDGE Finance & Accounting Team

     

    The Finance & Accounting Team at BRIDGE has 40 staff members split across three teams: Corporate, Property Management, and Development.

     

    Reporting to an Accounting Manager, this position is responsible for independently owning and producing the monthly financial statements of BRIDGE Housing Corporation. The Senior Corporate Accountant will possess a strong understanding of BRIDGE Housing Corporation including its affiliated entities focusing on corporate, development and asset management business lines. This position will manage internal lending with multiple funding sources including $100 million bond issuance, complete complex journal entries affecting multiple operating property entities, possess a strong understanding of multi-entity environments, and understand consolidation rules. This position also reviews and supervises the work of other team members, including cash journal entries, cash reconciliation, recurring journal entries, and other projects.

     

    This role is responsible for communicating financial results to all levels in the organization and is able to work with a variety of team members in other departments including development, fundraising, asset management and corporate departments. This individual is responsible for leading cross-departmental initiatives and special projects for the team.

     

    This position requires advanced technical accounting skills, with a desire to continually show interest in learning and applying changes in the industry to their work. Just as important is the ability to collaborate and communicate effectively both orally and in writing.

    Responsibilities

    BRIDGE HOUSING CORPORATE ACCOUNTING

    + Full cycle Trial Balance reconciliation and bank reconciliations

    + Record complex journal entries including intercompany transactions and allocations that affect multiple entities at the corporate, development, and property level

    FINANCIAL STATEMENTS

    + Work independently to analyze, investigate and explain budget variances. Handles more complicated projects than Staff Accountant.

    + Ability to research issues independently by consulting appropriate departments or permanent file documents in order to make a recommendation on how to properly record an accounting entry for new projects (including development revenue and fees from affiliated entities)

    + Independently researches the legal entity structure of new entities in order to correctly record affiliate entries, with high comprehension of consolidation elimination rules

    + Records entries related to internal lending and tracks use of appropriate sources for predevelopment, construction, and portfolio loans

    + Produces quality, accurate and timely monthly financial statements by preparing GAAP monthly journal entries and account reconciliations.

    EXTERNAL AUDITORS

    + Prepares and submits detailed audit packages for audited corporate entities

    + Assists in responding to open items for annual audits

    TRAINING AND INDUSTRY KNOWLEDGE

    + Possess strong understanding of consolidation rules and elimination entries

    + Assist in new process formation and documentation

    + Effective trainer of new staff; ability to answer questions and train Staff Accountants

    + Document training programs for onboarding positions

    + Demonstrates ability to learn new accounting standards and share with the rest of the team

    + Engages team members in project and demonstrates leadership

    SPECIALIZED REPORTING AND AD HOC PROJECTS

    + Acts as backup for manager or individual contributor

    + Able to understand big picture within industry and BRIDGE

    + Develops and submits ad hoc reporting as needed

    + Performs various projects and analysis as required

    + Prepares new reporting documents for VP of Finance, CFO, and other departments with supervision

    COMMUNICATION AND PROCESS IMPROVEMENT

    + Corresponds with internal departments including (development, fundraising, asset management, property management, HR, and other support departments) requiring strong communication skills

    + Continuously looking for ways to streamline the monthly close process while ensuring quality and accuracy of the financial statements

    + Takes initiative and leads new process changes

    + Provides suggestions for changes

    + Provides level of technical or procedural expertise

    + Engages team members in projects and demonstrates leadership

    + Actively participates in meetings

    + Leads trainings on various topics for Corporate Finance or other accounting teams

    Qualifications

    + 2-3 Years of experience in accounting field

    + Ability to autonomously handle daily responsibilities and projects with minimal direction.

    + Ability to effectively train and coach staff level accountant(s).

    + Ability to assimilate a variety of information from diverse individuals, and make decisions for

    + which a precedent may not exist.

    + Ability to improve existing processes and systems.

    + Excellent written, oral and presentation skills, writing sample required.

    + Must be accurate, organized, and highly detail-oriented with the ability to multi-task and follow-through on all projects.

    + Ability to work collaboratively with different levels of staff and management.

    + Ability to work under pressure and successfully meet deadlines.

    + Excellent decision-making, interpersonal and time management skills.

    + Ability to work harmoniously in a multi-cultural team.

    Preferred Qualifications

    + Experience with Yardi

    + Prior low-income housing finance and development experience

    + Prior experience in a multi-entity environment with consolidation entries

    + 3+ years of relevant nonprofit or real estate accounting work experience