Senior NFP Project Accountant

Senior NFP Project Accountant

Our client, a NFP affordable housing developer in NYC, is seeking a Senior Project Accountant to join their team. This is a newly appointed position.

The Senior Project Accountant will serve as a key member of the finance team, responsible for maintaining the financial integrity of the organization's development portfolio and corporate entities. This role balances project-based accounting with corporate financial stewardship (audit preparation, internal controls, and GL maintenance). You will partner directly with the Senior Director of Finance to strengthen internal control environments and ensure all financial reporting complies with GAAP and regulatory standards.

Key Responsibilities

• Audit, Compliance & General Ledger - Audit Facilitation: Act as the primary liaison for annual financial statement audits; prepare comprehensive audit schedules, trial balances, and supporting workpapers for external auditors.
• GL Maintenance: Maintain the General Ledger for multiple entities; process month-end closing entries.
• Reconciliations: Perform monthly balance sheet reconciliations for cash, investment accounts, and intercompany accounts.
• Regulatory Reporting: Ensure timely and accurate financial reporting to government agencies and lenders in accordance with partnership and loan agreements.
• Internal Controls & Process Improvement Control Environment: Assist the Senior Director of Finance in documenting, assessing, and testing internal financial controls to mitigate risk.
• Workflow Management: Monitor adherence to procurement and payment procedures, ensuring proper segregation of duties and authorization limits are respected.
• Job Costing & Budget Management Maintain the job cost ledger for all active development projects.
• Collaborate with Project Managers to review 'Budget vs. Actual' reports monthly; investigate and explain variances.
• Participate in monthly construction financing requisition process.
• Assist in annual corporate budget preparation.

Qualifications

• Bachelor's degree in Accounting.
• 35 years of core accounting experience (Public or Corporate Accounting) in the Real Estate industry.
• Strong understanding of GAAP, accrual accounting, and financial statement preparation.
• Demonstrated experience participating in the audit process.

The compensation for this position ranges from $120,000.00 - $140,000.00. Actual compensation will be dependent upon the specific role, office location as well as the individual's qualifications, experience, skills and certifications.

PKF O'Connor Davies