Booth Management Consulting, LLC (BMC) is a diverse CPA firm that provides accounting, auditing, and management consulting services to public and private clients nationwide. Our employee-friendly company environment emphasizes quality of life, initiative, creativity, strong work ethics, and loyalty. We seek a qualified, motivated, and progressive individual to join our team as an Accountant.
Summary/Objective
The accountant will be responsible for the accounting transition management, bookkeeping services, including accounts receivable, accounts payable, general ledger, and other financial functions, monthly financial reporting, and audit and tax preparation support for the Sacramento Housing Authority Repositioning Program (SHARP) properties. Ensure financial information is completed, accurate, timely, and complies with accounting standards and applicable rules and regulations.
Duties & Responsibilities
- Manage and oversee the accounting transition process to ensure a smooth, accurate, and efficient transfer of responsibilities and records.
- Maintain general ledger and subsidiary ledgers by property and/or partnership.
- Record and categorize all financial transactions related to each property/partnership.
- Perform all necessary accounting procedures to accurately complete month-end and year-end closing activities.
- Manage the accounts payable and disbursement process.
- Establish and/or monitor permitted activities in interest-bearing deposit accounts for partnership funds, as required by the Owner, Regulatory Agencies, or partnership agreements.
- Maintain a comprehensive system of records in compliance with GAAP.
- Maintain organized books, records, and a chart of accounts for each property and/or partnership.
- Provide financial reports, i.e., balance sheet, comparative income statement, net operating income statement, trailing 12-month income statement, trial balance and roll forwards, aging reports with an itemized list of all delinquent accounts, and bank and lender statements with reconciliations for all owner/lender-held cash accounts.
- Provide monthly and quarterly reporting directly to investors and lenders as required under applicable limited partnership and lender agreements.
- Assist property management with the development of annual operating budgets.
- Review and present Budget-to-Actual comparisons from the prior year, highlighting revenue and expense trends.
- Prepare and present a Capital Expense Schedule and expected withdrawals from the Replacement Reserve Account.
- Generate additional budget-related reports as required by the Owner.
- Ensure that annual audits and federal tax filings are completed within 90 days of the fiscal year end (in accordance with each entity’s partnership agreement).
- Actively support financial audits, including document preparation, coordination, and on-site assistance.
- Prepare year-end reports, schedules, and documents requested by the auditor.
- Provide audit support and issue resolution as needed.
- Supply required financial reports and data to the external CPA to prepare annual tax returns.
- Prepare requested audit schedules, including fixed asset inventory and depreciation schedules.
- Post adjusting journal entries as requested by the audit team, pending Owner approval.
Qualifications & Experience
- A bachelor’s degree in accounting, business administration, finance, or a related field is required.
- At least three to five years of accounting experience in a housing authority or property management company is required.
- Preferred experience working directly with a housing authority.
- Experience working with accounting systems.
- Experience in Accounts Payable/Accounts Receivable, Financial Reporting, Financial Statements, and Auditing Support.
- Knowledge of GAAP - accounting standards and applicable laws, regulations, policies, and procedures.
- Excellent written and verbal communication skills.
- Proficiency with Microsoft Office, Word, and Excel.
- Solid organizational and interpersonal skills.
BMC is an equal employment opportunity (EEO)/affirmative action (AA) employer that is committed to providing a workplace that is free from discrimination based on race, color, ethnicity, religion, sex, national origin, age, marital status, sexual orientation, gender identity and expression, disability, veteran status, pregnancy, genetic information or any other status protected by applicable federal, state, local or international law. These protections also extend to applicants.
