Accounting Manager

Hebrew SeniorLife; Brookline (MA); Hybrid; USD 78,000 - 140,000; Full time

Job summary

Hebrew SeniorLife in Brookline, MA is seeking a Manager of Accounting to oversee daily accounting operations across a portfolio of senior housing communities and ensure GAAP-compliant financial reporting for nonprofit and affordable housing programs.

The role leads staff Accountants and Financial Coordinators, partners with Finance leadership, and drives month-end close, internal controls, audits, and system improvements to support community leadership and residents.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• Five to seven years of progressive accounting experience.
• Two+ years of supervisory or team leadership experience preferred.
• Experience with nonprofit, healthcare, affordable housing, or property accounting preferred.
• Experience with HUD, LIHTC, or other affordable housing programs preferred.

Responsibilities

• Manage the monthly close process to ensure timely and accurate financial statements.
• Review journal entries, reconciliations, and supporting schedules.
• Oversee accounting activities for multiple affordable housing communities.
• Coordinate audits and ensure HUD/LIHTC compliance.
• Develop and implement process improvements and internal controls.

Skills

Leadership

Analytical thinking

Excel skills

Communication skills

Education

Bachelor's degree in Accounting or Finance

Tools

Yardi

Workday

Job description

Position Summary

The Manager, Accounting is responsible for overseeing the daily accounting operations for a portfolio of senior housing communities, ensuring accurate financial reporting, compliance with nonprofit and affordable housing regulations, and timely completion of month-end close activities. This position supervises the financial coordinators and staff accountants, provides technical accounting guidance, and partners closely with the Director of Finance, Property Management, Payroll, Executive Directors and Corporate Finance to support each community.

Job Description

Position Summary

The Manager, Accounting is responsible for overseeing the daily accounting operations for a portfolio of senior housing communities, ensuring accurate financial reporting, compliance with nonprofit and affordable housing regulations, and timely completion of month-end close activities. This position supervises the financial coordinators and staff accountants, provides technical accounting guidance, and partners closely with the Director of Finance, Property Management, Payroll, Executive Directors and Corporate Finance to support each community.

The Manager, Accounting promotes a culture of exceptional customer service by providing responsive financial support to community leadership, internal departments, and residents while ensuring financial integrity and operational excellence.

Position Responsibilities

Financial Reporting & Month-End Close

• Manage the monthly close process to ensure timely and accurate financial statements.
• Review journal entries, account reconciliations, and supporting schedules prepared by accounting staff and financial coordinators.
• Analyze monthly operating results and investigate significant budget-to-actual variances.
• Ensure the accuracy of general ledger activity and compliance with GAAP.
• Prepare and review financial reports for the Director of Finance and Executive Directors.
• Review balance sheet reconciliations and resolve outstanding reconciling items.
• Maintain fixed asset and depreciation records.

Staff Leadership & Development

• Supervise, coach, and develop Staff Accountants and Financial Coordinators.
• Establish performance expectations and provide ongoing feedback and training.
• Review work for accuracy, completeness, and adherence to established procedures.
• Assist with workload balancing and cross-training to ensure departmental coverage.
• Support recruitment, onboarding, and professional development of accounting staff.

Property Accounting

• Oversee accounting activities for multiple affordable housing communities.
• Ensure accurate recording of cash activity, tenant receivables, prepaid expenses, accruals, fixed assets, and liabilities.
• Monitor replacement reserves, operating reserves, escrow accounts, and other restricted cash accounts.
• Review bank reconciliations and cash management activities.
• Coordinate monthly management fee calculations and intercompany transactions.

Compliance & Audit

• Coordinate annual financial statement audits and compliance audits.
• Prepare audit schedules and respond to auditor requests.
• Ensure compliance with HUD, LIHTC, MassHousing, DHCD, and nonprofit reporting requirements.
• Support preparation of surplus cash calculations, reserve draw requests, and regulatory financial reporting.
• Assist with implementation and monitoring of internal controls.

Budgeting & Financial Analysis

• Assist in the preparation of annual operating and capital budgets.
• Review budget assumptions with Executive Directors and operational leadership.
• Support forecasting and long-term financial planning.

Process Improvement

• Identify opportunities to improve accounting processes and internal controls.
• Assist with implementation of new accounting systems and process enhancements.
• Develop and maintain accounting policies and departmental procedures.
• Promote standardization and continuous improvement across the finance department.

Customer Service

• Build strong working relationships with Executive Directors, Property Management, corporate departments, vendors, and residents.
• Respond promptly to financial questions while providing exceptional customer service.
• Communicate financial information in a clear and professional manner to both financial and non-financial stakeholders.
• Serve as a trusted financial resource to community leadership.

Other Responsibilities

• Participate in special projects and system implementations.
• Support organizational initiatives and strategic priorities.
• Perform other duties as assigned.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• Five to seven years of progressive accounting experience.
• Two or more years of supervisory or team leadership experience preferred.
• Experience with nonprofit, healthcare, affordable housing, real estate, or property accounting strongly preferred.
• Experience with HUD, LIHTC, or other affordable housing programs preferred.
• Strong knowledge of GAAP and financial reporting.
• Demonstrated leadership and employee development skills.
• Excellent analytical and problem-solving abilities.
• Strong organizational skills with the ability to manage multiple priorities and deadlines.
• Advanced Microsoft Excel skills.
• Experience with ERP or property management software (Yardi and/or Workday preferred).
• Excellent verbal and written communication skills.
• Strong customer service orientation and interpersonal skills.
• Ability to maintain confidentiality and exercise sound judgment.
• Ability to work independently while fostering collaboration across departments.

Remote Type

Hybrid

Salary Range

$77,929.00 - $140,273.00