Finance and Accounting Associate

Preservation of Affordable Housing; Boston (MA); Hybrid; USD 60,000 - 80,000; Full time

Benefits offered by this job

Competitive salary

Generous leave programs

401(k) retirement plan with company match

Vibrant company culture

Health, vision, and life insurance

Job summary

A nonprofit organization in Boston, MA, seeks a Finance and Accounting Associate to join their finance team. The role involves corporate accounting tasks, preparing bank reconciliations, and monitoring cash activity. Candidates should have a B.S. in Accounting and 1-3 years of experience in finance or accounting. Strong teamwork and communication skills are essential. This position offers a competitive salary, comprehensive benefits, and a hybrid working schedule.

Qualifications

• 1-3 years experience in finance or accounting.
• Self-starting individual who enjoys working in a collegial and entrepreneurial setting.
• Ability to piece together data from many sources and individuals.

Responsibilities

• Record monthly corporate activity.
• Prepare monthly bank reconciliations.
• Assist with daily monitoring of cash activity for all corporate and development accounts.

Skills

Teamwork

Communication

Organizational skills

Microsoft Office Suite

Data tracking

Education

B.S. in Accounting

Job description

Join to apply for the Finance and Accounting Associate role at Preservation of Affordable Housing

About the Opportunity: POAH is seeking an accounting professional to join our collaborative finance and accounting team. In this position, you will work closely with members of the Finance & Accounting Team, Real Estate Development project staff, and Property Management Accountants in project and corporate accounting:

• Record monthly corporate activity.
• Record monthly construction draws for new construction and development deals.
• Prepare monthly bank reconciliations.
• Assist with development entity financial reporting that is integrated with in-house property management.
• Assist with preparation of corporate quarterly workpapers for internal financials and annual audit workpapers.
• Support development and finance teams in debt and equity processing
• Prepare audit schedules for cost certification, annual property audit and tax return preparation.
• Assist with daily monitoring of cash activity for all corporate and development accounts.
• Support CFO, VP Finance & Accounting and Finance Associate with maintaining banking relationships and increase Treasury efficiencies.

Qualifications:

• B.S. in Accounting
• 1-3 years experience in finance or accounting
• Self-starting individual who enjoys working in a collegial and entrepreneurial setting.
• Ability to piece together data from many sources and individuals.

Skills

• Strong teamwork abilities, with the capacity to collaborate with colleagues from diverse backgrounds.
• Excellent communication skills, both in person and in writing, with a wide range of partners including financial, legal, regulatory, design/construction professionals, and residents.
• Ability to prioritize and manage multiple tasks effectively, meeting deadlines in a fast-paced environment.
• Proficiency in Microsoft Office Suite and data tracking in Excel or similar platforms.
• Exceptional organizational skills, attention to detail, sense of urgency, and quick learner.

Why Join POAH

• Work at the forefront of affordable housing innovation.
• Collaborate with passionate and dedicated colleagues.
• Competitive salary and comprehensive benefits package.
• Contribute to the betterment of communities nationwide.
• Shape the future of housing policy and finance.

At POAH, we offer:

• Competitive salaries and a comprehensive benefits package, including health, vision, short/long term disability, and life insurance
• Generous leave programs, including PTO of 5+ weeks annually and 12 weeks of paid parental leave for all new parents
• A 401(k)-retirement plan with company match
• A vibrant company culture
• POAH is currently enjoying a remote hybrid schedule which allows employees to work from home but also requires in-office days. An ability to work a remote hybrid schedule is required of all candidates.

Applicants should include a cover letter and resume.

About the Organization: Preservation of Affordable Housing, Inc. (POAH) is a national nonprofit organization whose mission is to preserve, create and sustain affordable, healthy homes that support economic security, racial equity and access to opportunity for all. POAH owns and operates more than 13,100 affordable homes at more than 140 properties in 13 states and the District of Columbia.

POAH’s reach is national in scope, and its pursuit of the preservation mission is empowered by a focus on the business bottom line. Its strong reputation is the result of a demonstrated ability to craft complex financial transactions, tackle tough multi-family projects, and close deals that preserve the affordability of at-risk properties.