Accounting Manager

Mutual Housing California; Sacramento (CA); Hybrid; USD 99,000 - 121,000; Full time

Benefits offered by this job

Medical, Dental, Vision coverage

Generous paid time off

401K plan with company match

Job summary

A nonprofit organization focused on affordable housing is seeking an Accounting Manager – Housing Development in Sacramento, CA. This role oversees all accounting activities related to affordable housing development projects, ensuring compliance with complex financial regulations and strong internal controls. Candidates should possess a Bachelor’s degree in accounting or finance, with over 5 years of relevant experience. The position offers a competitive salary of $110,000 per year and generous benefits, including medical coverage and a 401K plan with matching contributions.

Qualifications

• 5+ years of accounting experience, preferably in construction or development.
• Experience with affordable housing, LIHTC, or real estate development.
• Prior supervisory or lead experience preferred.

Responsibilities

• Oversee accounting for multiple development and construction projects.
• Review journal entries, reconciliations, and affiliate activity.
• Perform detailed reviews of construction draw requests.
• Support loan conversions, reserve setups, and project transitions.
• Coordinate intercompany activity across affiliated entities.
• Supervise and support a shared Accounts Payable Specialist.
• Assist with audits, cost certifications, and compliance documentation.
• Identify and implement process improvements.

Skills

GAAP knowledge

Analytical skills

Attention to detail

Ability to manage competing priorities

Education

Bachelor’s degree in accounting, Finance, or related field

Job description

3 days ago Be among the first 25 applicants

Join Mutual Housing California’s Mission to Build Equitable Communities!

Are you passionate about affordable housing and empowering communities? Do you believe in creating vibrant, inclusive neighborhoods where everyone can thrive? Mutual Housing California is seeking dedicated professionals to join our innovative team and advance our mission of developing, managing, and supporting sustainable affordable housing where residents are partners in creating equitable communities.

Our team is our strength!

When you join Mutual Housing California you will be surrounded by Property Management professionals who are an experienced force for revitalizing low‑income communities by strengthening neighborhood assets and developing community leadership.

About Mutual Housing

At Mutual Housing California, we are driven by a powerful mission: to develop and manage sustainable affordable housing that strengthens neighborhood assets and empowers resident leaders. Founded with the vision of revitalizing low‑income communities, we are a locally controlled nonprofit committed to addressing historic inequities by creating high‑quality, affordable housing in safe, healthy neighborhoods. Our residents are at the heart of everything we do, partnering with us to build thriving, equitable communities.

We look forward to meeting you!

If you’re inspired to join a mission‑driven team dedicated to affordable housing and community empowerment, we want to hear from you! Together, let’s create sustainable, affordable housing where residents and communities thrive!

Position

Accounting Manager – Housing Development

Location

Sacramento, CA (Hybrid)

Schedule

Full Time, Exempt, Monday – Friday 8:00 AM – 5:00 PM (flexible)

Compensation

$110,000 per year

Job Summary

The Accounting Manager – Housing Development oversees all accounting activities related to affordable housing development projects, including predevelopment, construction, lease‑up, and transition to stabilized operations. This role ensures accurate financial reporting, strong internal controls, and compliance with complex financing and regulatory requirements.

This position works closely with Development, Corporate Accounting, and Property Operations to maintain clear communication, accurate affiliate accounting, and smooth transitions as projects move through development phases. The Accounting Manager also serves as the HR supervisor of record for a shared Accounts Payable Specialist.

Responsibilities

• Oversee accounting for multiple development and construction projects
• Review journal entries, reconciliations, and affiliate activity
• Perform detailed reviews of construction draw requests
• Support loan conversions, reserve setups, and project transitions
• Coordinate intercompany activity across affiliated entities
• Supervise and support a shared Accounts Payable Specialist
• Assist with audits, cost certifications, and compliance documentation
• Identify and implement process improvements

Qualifications

• Bachelor’s degree in accounting, Finance, or related field preferred; equivalent experience considered.
• 5+ years of accounting experience; construction or development accounting strongly preferred.
• Experience with affordable housing, LIHTC, or real estate development is a plus.
• Prior supervisory or lead experience preferred.
• Strong GAAP knowledge, analytical skills, and attention to detail.
• Ability to manage competing priorities and coordinate across departments.
• Must pass criminal background screening, including education verification and DMV check.

Benefits

• Medical, Dental, Vision, & Employee Assistant Program: Kaiser plan fully covered for Employee and dependents
• Optional Life, Long Term Disability, Critical Illness, Identity Theft Protection and Accident Insurance
• Generous paid time off, including 16 paid holidays which include the week between Christmas and New Years
• 2 Floating Holidays (16 hours)
• 401K Plan with company match up to 6%

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