Senior Accountant – Affordable Housing Portfolio

Foshee Residential Management Company; Montgomery (AL); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

401(k)

401(k) company match

Health insurance

Vision insurance

Life insurance

Paid time off

Employee referral program

Job summary

Foshee Residential seeks an experienced Senior Accountant to support its affordable housing portfolio in Montgomery, AL. The role combines technical accounting with team leadership, focusing on LIHTC, HUD, and USDA programs, regulatory compliance, and audit readiness.

The Senior Accountant will supervise 1–3 accounting staff, provide training, and develop processes to strengthen internal controls and reporting timelines. Strong Excel and Yardi/MRI/RealPage familiarity is preferred.

Qualifications

• Bachelor's degree in Accounting or Finance.
• 3–5 years of accounting experience with LIHTC, HUD, and USDA programs.
• Experience supervising, training, or mentoring accounting staff.
• Strong understanding of affordable housing accounting and compliance.
• Experience reviewing financial statements and supporting audits.

Responsibilities

• Oversee monthly, quarterly, and annual financial statements for LIHTC, HUD, and USDA communities.
• Ensure compliance with LIHTC, HUD, USDA, and GAAP requirements.
• Review journal entries, reconciliations, accruals, and chart of accounts.
• Support LIHTC, HUD, and USDA audits, including schedules and responses.
• Monitor reserve accounts, restricted funds, and surplus cash calculations.
• Assist with annual budget preparation and variance analysis.
• Maintain documentation for regulatory reporting and internal controls.
• Help ensure reporting deadlines are met.
• Supervise and review work of 1–3 Property Accountants.
• Train accounting staff on affordable housing requirements and procedures.
• Provide coaching and feedback; onboarding and development.
• Identify training opportunities and process improvements.
• Strengthen accounting procedures and internal controls.

Skills

Organizational skills

Analytical skills

Attention to detail

Time management

Staff supervision

Education

Bachelor's degree in Accounting or Finance

Tools

Yardi

MRI

RealPage

Job description

Foshee Residential | Full-Time

Foshee Residential is seeking an experienced Senior Accountantto support our affordable housing portfolio.

This position is ideal for an accounting professional with a strong background in Low-Income Housing Tax Credit (LIHTC), HUD, and USDA programswho is ready to take on both technical accounting and team leadership responsibilities.

The Senior Accountant will be responsible for financial reporting, regulatory compliance, audit readiness, and the supervision, training, and development of 1–3 accounting team members.

What You'll Do

• Accounting & Compliance
• Oversee and review monthly, quarterly, and annual financial statements for LIHTC, HUD, and USDA communities
• Ensure compliance with applicable LIHTC, HUD, USDA, and GAAP requirements
• Review journal entries, account reconciliations, accruals, and chart of accounts
• Support LIHTC, HUD, and USDA audits, including preparation of schedules and responses to auditors and regulatory agencies
• Monitor reserve accounts, restricted funds, and surplus cash calculations
• Assist with annual budget preparation and variance analysis
• Maintain accurate documentation for regulatory reporting and internal controls
• Help ensure reporting requirements and deadlines are consistently met
• Supervision & Staff Development
• Supervise and review the work of 1–3 Property Accountants
• Train accounting team members on affordable housing requirements and internal accounting procedures
• Provide ongoing coaching, technical guidance, and performance feedback
• Assist with onboarding and professional development
• Identify training opportunities and areas for process improvement
• Help strengthen accounting procedures and internal controls
• Serve as a technical accounting resource for property management and internal teams
• Collaborate with accounting and property management teams on compliance matters and reporting deadlines
• Support improvements to accounting processes, systems, and workflows
• Help maintain consistency and accuracy across the affordable housing portfolio

Required Qualifications

• Bachelor's degree in Accounting or Finance
• 3–5 years of accounting experience, including substantial experience with LIHTC, HUD, and USDA programs
• Experience supervising, training, or mentoring accounting staff
• Strong understanding of affordable housing accounting and compliance requirements
• Experience reviewing financial statements and supporting audits
• Proficiency in Microsoft Excel
• Experience with accounting software; Yardi, MRI, RealPage, or similar platforms preferred
• Strong organizational and analytical skills
• Excellent attention to detail
• Ability to manage multiple priorities and meet strict deadlines

Preferred Qualifications

• CPA or CPA candidate
• Public accounting experience
• Experience with HUD programs such as Project-Based Section 8, Section 202, Section 811, or HOME
• Experience with USDA affordable housing programs
• Experience working effectively in an online or remote work environment
• Proven ability to train staff on technical accounting and compliance matters
• Foshee Residential offers a comprehensive benefits package that includes:
• 401(k)
• 401(k) company match
• Health insurance
• Vision insurance
• Life insurance
• Paid time off
• Employee referral program

About Foshee Residential

• Foshee Residential is a Montgomery, Alabama-based multifamily property management company serving communities throughout the Southeast. Our team is committed to strong financial and operational performance while providing quality service to the clients and communities we serve.

Job Type: Full-Time

Foshee Residential is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other status protected by applicable law.