Accounting Specialist

Job Description

Job Description

We are looking for a Part Time Accounting Specialist to support financial operations for a real estate and property organization in Jersey City, New Jersey. This Long-term Contract position focuses on maintaining accurate records, preparing regulatory and financial reporting, and supporting compliance with housing and governmental accounting standards. The ideal candidate brings strong experience in property-related accounting, a solid understanding of HUD-funded programs, and the ability to manage recurring reporting deadlines with precision.

Responsibilities:

• Maintain complete accounting records and update the general ledger each month in accordance with applicable accounting standards, prescribed account structures, and GAAP requirements.

• Develop budgets, financial statements, and supporting documentation required by governing agencies, housing authorities, and state oversight bodies.

• Prepare and submit required state and federal financial documents, including requisition packages and periodic financial reports.

• Process payroll-related filings and produce required state and federal payroll reports accurately and on schedule.

• Participate in meetings with internal staff, oversight representatives, and commissioners to provide financial updates and respond to accounting inquiries.

• Produce quarterly budget-to-actual reports for each housing authority entity, summarizing fiscal year spending against approved budgets.

• Reconcile bank accounts promptly after statements are received and investigate discrepancies to ensure accurate cash reporting.

• Complete account reconciliations and assemble audit support schedules, worksheets, and financial documentation needed for annual audit preparation and statutory compliance.

• Prepare and file electronic or manual financial submissions required by state agencies, housing authorities, and other regulatory bodies.

• Previous experience in accounting roles supporting funded housing or public-sector programs, with working knowledge of HUD-related requirements .

• Strong background in accounts payable, accounts receivable, billing, and general accounting operations.

• Demonstrated ability to perform bank and account reconciliations with a high degree of accuracy.

• Experience preparing financial reports, payroll filings, and compliance documentation for state and federal agencies.

• Familiarity with audit preparation and maintaining records that support regulatory and financial compliance.

• Understanding of GAAP and the ability to apply standardized account classifications and reporting practices.

• Must be eligible for approval by the United States Department of Housing and Urban Development.