Corporate Assistant Controller

SUMMARY About BRIDGE Housing

Founded in 1983, BRIDGE Housing Corporation ("BRIDGE") is a leading affordable housing owner and developer. At BRIDGE, we understand that safe, high-quality and affordable homes strengthen local communities and provide critical support and stability to the working families and seniors that live in them. BRIDGE’s portfolio currently consists of 141 multifamily and mixed-use properties with a total more than 15,000 units located throughout California, Washington & Oregon.

Few housing development organizations have achieved the same level of success and stature as BRIDGE.

The Finance & Accounting Team at BRIDGE has 25 staff members split across three teams:
Corporate, Property Management, and Development.

As the Assistant Controller, you will support the Senior Director of Finance and Treasury through oversight of the complex accounting and reporting duties for BRIDGE’s corporate entities. You will lead the team overseeing the accounting, tax, and financial reporting functions for our entire organization. This includes the preparation of monthly reporting to the Senior Leadership Team in a multiple-legal-entity environment, management of day-to-day accounting functions, management of reserves draw process for properties, preparation and analysis of ad-hoc reporting, reviews of your team’s work product, and the development of financial and accounting systems and processes.

This is a role that requires a high level of organizational and technical competency in order to implement new processes and develop new financial reports. This role will also regularly collaborate with the FP&A team on budgeting, treasury and cash flow management, and financing activities.

The ideal candidate possesses responsibilities and skills that include the ability to review complex journal entries affecting multiple operating property entities, a strong understanding of multi-entity environments, and extensive knowledge of consolidation rules. These skills are necessary to ensure the completion of accurate, consistent financial statements while adhering to tight close and reporting deadlines.

Management responsibilities include the oversight of the Corporate Accounting Manager, Corporate Senior Accountant, two Corporate Staff Accountants, Senior Accountant and Staff Accountant. To be successful in this role, a candidate for Corporate Assistant Controller will need strong delegation skills and have a desire to build and maintain a strong team culture.

Successful candidates will be required to possess and regularly demonstrate advanced technical accounting skills, as well as a desire to continually show interest in learning and applying changes in the industry to their work. Just as important is the ability to collaborate and communicate effectively both orally and in writing. Knowledge of the affordable housing industry, GAAP accounting, and reporting requirements are desired for this role.

• Reports to the Senior Director of Finance and Treasury
• Oversee the work of the corporate accounting team through strong delegation, leadership, and review
• Build a team culture based on collaboration, accountability, and performance
• Trains and supervises staff with varying levels of experience, including assigning and reviewing work, coordinating staff activities, allocating personnel, and appraising performance
• Develop, lead, and implement recommendations for effective and efficient business processes
• Lead and participate in cross-team action groups within the Finance & Accounting team and across the larger organization

• Work independently to analyze, investigate and explain budget variances
• Independently researches the legal entity structure of new entities in order to correctly review affiliate entries, with high comprehension of consolidation elimination rules
• Interpret and ensure compliance with legal documents such as loan agreements, developer services agreements, guarantees, grants and donation agreements
• Oversees management and reporting of internal lending, including monitoring use of appropriate sources for predevelopment, construction, and portfolio loans
• Prepare monthly analysis reporting related to financial reporting pack, intercompany transactions, reserves, and additional ad hoc reporting as needed
• Concisely present financial information and appropriately research and answer accounting questions to…