Senior Property Accountant at Redwood Communities Inc – Seattle, Washington

Job Title: Senior Property Accountant
Location: Seattle, WA 98104
Salary Range: $95,000.00 - $102,000.00 Salary/year
Position Type: Full Time
Job Shift: Any
Category: Accounting
Description: Description

Who We Are

Redwood Communities, Inc. (“Redwood Communities”), an affiliate of Redwood Housing, is a multifamily property management organization that manages affordable housing communities throughout the country. To date, Redwood Communities has assembled a best-in-class team that currently manages a growing portfolio of properties and has built strong working relationships with government agencies and leading non-profit organizations to raise the standard of living for our communities.

Benefits

• Exceptional medical benefits: We cover more than 90% of medical premiums, and employees have the option of a 100% employer-paid HSA medical plan.
• 100% company paid dental and vision benefits for employee coverage.
• Healthcare and dependent care flexible spending accounts.
• Company paid life insurance, AD&D
• Best-in-class voluntary insurance benefits.
• Pre-tax and Roth 401(k) programs with a company match equal to 100% of the first 6% contributed by the employee.
• Employee assistance program (EAP) with 24/7 counseling services.
• 3 weeks of paid time off each year.
• 12 paid holidays each year & 1 floating holiday.

About the Position

The Senior Property Accountant is responsible for overseeing the financial reporting and accounting functions for a portfolio of affordable housing properties. This position reports to the Accounting Supervisor. This role is ideal for someone who has experience in muti-family property management, affordable housing, and senior living. This individual must be able to function effectively in a dynamic environment with little supervision and be passionate about joining a fast-paced, mission-driven organization.

Position Requirements

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Essential Duties and Responsibilities:

• Perform the daily operations of the accounting department; including, but not limited to accounts payable, accounts receivable, and general ledger accounting.
• Maintain tax and insurance schedules/ payments for multiple properties.
• Prepare monthly reporting packages for portfolio of properties, including financial statements and supporting documentation.
• Responsible for month end reconciliation of multiple bank accounts as well as monitoring cash flow.
• Collaborate with property managers and regional teams to resolve accounting issues.
• Prepare and review appropriate general ledger entries and reconciliations to reflect all cash activity and accruals.
• Compile and analyze month and year end financials for assigned properties.
• Support Regional Manager and Asset management in budget preparation and review.
• Reconcile and record monthly subsidy billings.
• Assist with year-end financial audit activities for multiple entities.
• Create monthly, quarterly, and annual financial reports for investors and funders.
• Ensure compliance with LIHTC, HUD, and other affordable housing regulations.
• Maintain internal controls and ensure adherence to company policies.

Knowledge, Skills and Abilities:

• Excellent communication skills, both written and verbal, with strong attention to detail.
• Strong interpersonal skills and the ability to work effectively with diverse stakeholders.
• Proactive, organized, and adaptable with the ability to manage multiple tasks in a fast-paced environment.
• High level of professionalism, ethics, and integrity.

Qualification: Qualifications

• Bachelor’s degree in accounting with at least five years of experience.
• Three years of affordable housing property accounting or residential property management experience.
• Advanced proficiency in Microsoft Office and Excel, as well as RealPage experience.
• Successful completion of background check.
• Must be legally qualified to work in the U.S. meeting I-9 guidelines.

Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sit, see, talk and hear. The employee is occasionally required to stand; walk; use hands and fingers; reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.

Attendance: This position is 100% on-site, requiring five days per week in the office. At this time remote or hybrid work is not available for this role.

Redwood Communities is an Equal Opportunity Employer.