Staff Accountant ll - Affordable Housing

Staff Accountant ll - Affordable Housing

Location:

Rome, NY

Company: CRM Rental Management, Inc.

The Staff Accountant II is responsible for performing intermediate-level accounting functions for affordable housing portfolios, including LIHTC, HUD, RD, and other subsidized housing programs. This role supports accurate property- and partnership-level financial reporting, ensures compliance with regulatory requirements, and assists with month-end and year-end close activities. The position requires strong analytical skills, attention to detail, and the ability to work independently while collaborating with cross-functional teams.

The ideal candidate has experience in property management accounting and a solid understanding of affordable housing compliance.

• 11 paid holidays (including 1 floating holiday & the day after Thanksgiving)
• Excellent health insurance with employer contribution.
• 401(k) with match up to 5%
• Competitive salary
• Annual performance reviews with bonus potential
• PTO accruing from your first day

• Prepare and post journal entries, including accruals and recurring entries, for affordable housing properties.
• Assist with month-end and year-end close processes for multiple properties and legal entities.
• Reconcile general ledger accounts, including bank accounts, reserves, security deposits, restricted cash, and other balance sheet accounts.
• Prepare and review monthly property financial statements and perform variance analyses.
• Support LIHTC, HUD, RD, and other regulatory reporting and compliance requirements.
• Assist with annual audits, cost certifications, and compliance reviews.n
• Track, reconcile, and monitor replacement reserves and restricted cash accounts.
• Collaborate with property management teams on financial and operational matters.
• Ensure compliance with GAAP, internal controls, and affordable housing program requirements.
• Identify and recommend improvements to accounting processes, controls, and reporting efficiencies.
• Provide guidance and support to junior accounting staff as needed.

• Bachelor's degree in accounting, Finance, or a related field.
• 3-5 years of accounting experience, preferred.
• Working knowledge of LIHTC and/or HUD programs.
• Strong understanding of GAAP and property-level accounting.
• Experience with property management accounting software (e.g., Real Page, Yardi, MRI, or similar systems).
• Strong Microsoft Excel skills, including pivot tables, formulas, and account reconciliations.
• Excellent organizational, analytical, and problem-solving skills.n
• Ability to manage multiple deadlines across a diverse property portfolio.

• Experience with cost certifications and compliance audits.
• CPA or CPA candidate preferred.
• Experience with partnership accounting and fund accounting.
• Familiarity with state housing agency reporting requirements.

CRM Rental Management, Inc. is an Equal Opportunity Employer.

Must be able to pass a 5-year background check. We also conduct pre-employment drug testing. Any job offer will be based on the results of background and drug testing.