BRC
  • Admin
  • New York, NY, USA
  • Full Time

ABOUT BRC:

BRC is among the most comprehensive, effective, and fastest growing agencies in NYC serving homeless New Yorkers.  With a $77 million budget and over 800 employees, BRC has 27 programs throughout the New York City area that work together to form a seamless continuum of caring and effective services to meet all of a client's needs. We employ a holistic approach, helping clients achieve health, wellness, and economic self-sufficiency, offering an array of housing and services for more than 10,000 of New York's neediest residents.  BRC has an entrepreneurial culture with a track record of innovation.  BRC is highly successful and has been recognized for it, most recently as a winner of the NY Community Trust's Nonprofit Excellence Award and as a national finalist for the Drucker Prize for innovative management.  Staff at BRC works together collaboratively to address some of the greatest social challenges of our City and does so using a compassionate and respectful approach.  In our most recent survey, 95% of our employees said they would recommend BRC as a good place to work.   For more information about BRC, please see our website at BRC.org

 

HOURS:

Full time, 35 hours per week

Monday - Friday, 9:00am - 5:00pm

 

DUTIES/RESPONSIBILITIES:

  • The Manager, Real Estate & Housing Accountant is responsible for recording and managing timeliness and accuracy of subsidiary and affiliate organization financial information and tax reporting in compliance with BRC policies and procedures, relevant legal and regulatory frameworks, and financial/management best practices.

    Areas of Responsibility 

    Prepare and review the proper recording and reporting of consolidating financial transactions, tax reporting for all BRC related entities and properties. Includes working with financial reporting, tax and other compliance aspects of BRC related entities; as well as with BRC policies and standard operating procedures. Works collaboratively with financial, real estate development and program professionals across the organization.  Is expected to remain knowledgeable regarding Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS) and Federal and State income tax regulations as it relates to 501(c)(3), HDFC, LP, GP, & LLC entities.

    RESPONSIBILITIES AND SCOPE 

    • Ensure financial results of related entities are accurately recorded and reported.
    • Responsible for supporting the Controller in producing and preparing monthly financial reports for real estate portfolio.
    • Utilize GAAP and GAAS related to nonprofit accounting, establish process and quality assurance program to ensure proper consolidated financial accounting and reporting for all BRC related entities.
    • Utilize knowledge of tax reporting requirements to ensure accurate preparation and review of tax filings for nonprofit, corporate, and partnership tax returns of BRC related entities.
    • Review reconciliation of related entity financial statements to parent entity general ledger for completion, accuracy and timeliness.  Follow up and monitor corrections as needed.
    • Responsible for preparing audit schedules and serve as point of contact for external auditors regarding consolidating/eliminating entries of related entities, as well as, providing internal guidance and maintaining proper documentation for decisions on whether to consolidate related entities.
    • Make recommendations for improvements to process and procedures as applicable.
    • Ensure completion of the annual certification of related entity financial data in parent company general ledger and provide eliminating entries by established deadlines.
    • Update and maintain applicable related entity financial and tax information in database.
    • Ensure all related entities are compliant with federal, state, city agencies and lender, syndicator requirements including pre-construction, post-construction and loan closing requirements and ongoing operations.
    • Other tasks and special projects as assigned.

 

QUALIFICATIONS:

Bachelor's degree in Finance or Accounting required. At least 5 years of related experience. Experience in accounting with emphasis on residential low income real estate including real estate development transactions and tax principles. Experience with GAAP and GAAS.

DESIRED QUALIFICATIONS

  • Technical expert on complex real estate accounting/financial transactions.   Advanced expertise in Microsoft Excel.
  • Experience monitoring for and ensuring compliance with organizational policy, applicable law and regulation, and finance/accounting/tax/management best practice.
  • Experience analyzing a regulatory framework and applying it to a situation at hand.
  • Expert knowledge of GAAP and/or regulatory framework as it pertains to real estate development transactions.
  • Experience evaluating the adequacy and effectiveness of processes and management controls; interpreting guidelines and analyzing information to adapt or modify processes as needed.
  • Ability to resolve complex issues independently.
  • Experience acting as a resource to others to solve problems.
  • CPA preferred.
BRC
  • Apply Now

  • * Fields Are Required

    What is your full name?

    How can we contact you?

    I agree to ApplicantPool's Applicant Information Use Policy.*
  • Sign Up For Job Alerts!

  • Share This Page
.