Senior Accountant, TPC Homes - HQ
The People Concern
Role: Senior Accountant Reports to: Executive Director, TPC Homes Program: 2400-Housing Development Department: Housing Development/TPC Homes Location: Arlington Administration - 2116 Arlington Ave., Suite 100, Los Angeles, CA 90018 Setting: not 100% Onsite Schedule: Monday - Friday, 9:00am - 5:00pm Status: Full-time/Exempt/Non-Management Benefits: Medical, Vision, Dental, Life Insurance, 403(b) Retirement plan, Employee Assistance Program (EAP), etc. Openings: 1 Job Description Summary: TPC Homes is the housing development and property management affiliate of The People Concern, one of LA's most respected homeless services organizations. We create and operate high-quality affordable and supportive housing for people experiencing or at risk of homelessness-because housing isn't just shelter, it's the foundation for stability and dignity. We're at an exciting inflection point. We've grown from concept to 200+ units and have a pipeline that will triple our portfolio over the next 3 years. LA is experiencing an unprecedented shift in its approach to affordable housing, and we're positioned to be a significant part of the solution. The Senior Accountant reports to the Executive Director and is the primary hands-on accounting resource for TPC Homes. This is an individual contributor role responsible for executing the full range of day-to-day accounting and transaction processing functions, including property management accounting, financial reporting, construction accounting, and general ledger maintenance. TPC Homes works with third-party consultants to provide additional supervisory and subject matter expertise support. Job Description Essential Duties and Responsibilities: Financial Reporting & Analysis
With compassion and profound respect for those we serve, we provide a fully integrated system of care - including outreach, interim housing, mental and medical health care, substance abuse services, domestic violence services, life skills & wellness programs, and permanent supportive housing - tailored to the unique needs of homeless individuals, survivors of domestic violence, challenged youth, and others who have nowhere else to turn.
The People Concern's model of integrated and comprehensive care empowers our participants to navigate the multi-faceted obstacles in their lives, become their best selves, and ultimately, connect with and contribute to their communities.
Benefits & Perks
- Maintain books of accounts for TPC Homes, properties in development, and properties in operations.
- Prepare monthly property management financials and provide feedback to asset management department.
- Prepare settlement statements, reserves, and interest payment/accrual entries.
- Track and log construction draws and loan retentions.
- Oversee the monthly close procedures, including reconciliation of multiple general ledger accounts; maintain and track month-end close deadlines to ensure close is completed in a timely manner.
- Review and analyze monthly financial results; interact with TPC's various departments to document and resolve variances; prepare quarterly financial statements for upper management.
- Oversee and maintain lender and grantor reporting requirements and payments for the parent company, in accordance with loan and grant documents.
- Implement process improvements and accounting policies and procedures, increasing efficiencies for the department.
- Oversee maintenance of accounting software efficiencies and general applications; provide internal support to the department.
- Lead audit preparation; coordinate schedules, work papers, and documentation for external auditors.
- Assist the Executive Director and lead other team members in the annual budget process; collaborate with external departments to ensure accurate and timely budget development.
- Perform bank account reconciliations and process cash receipts and cash disbursements accurately and on schedule.
- Perform construction accounting, including tracking draws, retention schedules, and deferred interest calculations for development projects.
- Support accounting software administration; recommend and implement more efficient and economical solutions as the organization scales.
- Collaborate with leadership and external departments on special accounting projects and ad hoc financial analyses as needed.
- Process accounts payable in full: receive, code, and enter invoices; obtain approvals; execute payments to vendors, contractors, capital sources and service providers on schedule.
- Post and reconcile accounts receivable, including rent payments, HAP payments, and other resident or subsidy receipts; maintain accurate tenant ledgers and track delinquencies.
- Manage security deposit accounting: maintain and reconcile individual resident deposit accounts; process refunds and deductions in compliance with California law and regulatory requirements.
- Record and reconcile intercompany transactions between TPC Homes and The People Concern, including management fees, shared cost allocations, and intercompany loans; ensure balances are current and documented.
- Enter and maintain journal entries in Yardi on a monthly basis; ensure all property accounts are reconciled and current prior to close.
- Coordinate with property and asset management staff on day-to-day accounting questions, coding issues, and transaction discrepancies; serve as the primary accounting contact for property-level operations.
- Bachelor's degree in Accounting, Finance, Business, or a closely related field.
- At least 5-7 years of proven experience as an accountant or in a supervisory accounting role.
- Advanced knowledge of Excel and proficiency in Yardi accounting software.
- Strong organizational, problem-solving, and analytical skills; demonstrated ability to manage priorities and workflow while meeting tight deadlines.
- High level of professionalism and integrity in handling confidential information; ability to work across all accounting systems.
- Excellent verbal and written communication skills; ability to work effectively with staff at all levels.
- Passion for and support of TPC Homes' mission and core values.
- Comfortable recommending and implementing more efficient and economical solutions across accounting systems.
- Familiarity with nonprofit accounting standards and fund accounting desirable.
- Experience with affordable housing, LIHTC, or real estate development accounting.
- Prior experience in a small or growing nonprofit organization where staff wear multiple hats and processes are still being formalized.
- CPA license or progress toward CPA certification.
- Experience with construction accounting, development draws, or partnership/joint venture accounting structures.
- Familiarity with government grant accounting, HUD, or other public funding reporting requirements.
- Experience building or improving accounting infrastructure and internal controls in a scaling organization.
- Field (may need to travel) and indoor office environment. Based primarily in Arlington HQ.
- Hybrid - in main office or on-site at least four days per week.
- Will be required to walk or drive to different local sites and events (Southern California area).
- On-call after-hours and on weekends to address any emergency work orders and/or other building emergencies as back-up support to property management staff.
- Regularly required to sit, stand, bend and occasionally lift or carry up to 25 pounds on a regular basis.
- Will necessitate working in busy, dusty and loud environments around our unhoused clients at times, including parking in and near their current areas of residence.
- Will be exposed to elements like cold, heat, dust, noise and odor and other potential visual situations of this industry (homeless clients, skid row population, substance users etc.).
- May need to bend, stoop, twist, and sit throughout the day.
- Act as a role model
- Demonstrate a sense of responsibility
- Continuously learn and improve
- Acknowledge your own areas of improvement
- Hear and provide honest, specific and direct feedback
- Create an environment where everyone is welcomed valued and respected
- Collaborate
With compassion and profound respect for those we serve, we provide a fully integrated system of care - including outreach, interim housing, mental and medical health care, substance abuse services, domestic violence services, life skills & wellness programs, and permanent supportive housing - tailored to the unique needs of homeless individuals, survivors of domestic violence, challenged youth, and others who have nowhere else to turn.
The People Concern's model of integrated and comprehensive care empowers our participants to navigate the multi-faceted obstacles in their lives, become their best selves, and ultimately, connect with and contribute to their communities.
Benefits & Perks
- Medical Insurance
- Vision Insurance
- Dental Insurance
- Retirement Planning (403b) & Matching
- Paid Holidays
- Paid Vacation Days
- Paid Sick Days
- Employee Assistance Plans (EAP)
- TELUS Health
- Flexible Spending Account (FSA)
- Basic Life / Accidental Death & Dismemberment (AD&D)
- Voluntary Short- and Long-Term Disability
- Voluntary Pet Insurance
- Corporate Discounts: Discounts on Hotels, Theme Parks, Concerts, Movies, Restaurants & More
- The People Concern University & Certificates
Vacancy posted 5 days ago
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