Corporate Accountant (Foster City)

About MidPen

At MidPen, we build communities that change lives. Since 1970, we have been committed to our mission: to provide safe, affordable housing of high quality to those in need; establish stability and opportunity in the lives of residents; and foster diverse communities that allow people from all ethnic, social, and economic backgrounds to live in dignity, harmony, and mutual respect.

We develop affordable housing, provide professional property management for all our communities, and coordinate robust onsite support programs that help residents thrive. We are active in 12 Northern California counties and have earned recognition as one of the nation’s leading non-profit developers and stewards of affordable housing. Our current portfolio of more than 142 properties is home to 22,800 working families, seniors, and people with special needs. We take pride in delivering affordable housing solutions, and we invite you to join us on a journey toward social, economic, and racial equity.

Corporate Accountant

This position requires corporate, property and financial accounting skills and the ability to reconcile and consolidate multiple entity records. The Corporate Accountant is responsible for the financial reporting of two corporate entities: MidPen Property Management Corporation and MidPen Resident Services Corporation in compliance with US GAAP and MidPen Policy and Procedures. This person will also ensure MidPen Housing and its affiliates have strong financial controls and accurate accounting information. The Corporate Accountant monitors the financial performance of corporate entities and informs appropriate parties of critical issues as soon as possible. The Corporate Accountant reports to the Corporate Assistant Accounting Manager and will work closely with Accounting, Property Management, Asset Management, Services, Information Technology, Auditors, Investors, Partners, banking relations and regulatory agencies.

This is a hybrid position, based on current MidPen policy of working Tuesdays, Wednesdays, and Thursdays in the Foster City Office. Monday and Friday, option to work from home or the office. When working from home, requires a reliable internet connection.

Responsibilities:

Responsible for analyzing and interpreting financial information as well as accurately compiling and reporting this information for MidPen Property Management and MidPen Resident Services Corporations

Prepare account reconciliation, analysis and journal entries and perform on-going analytical review in support of the monthly, quarterly and annual close process

Maintain and understand documentation related to various inter-entity billings to calculate, invoice and record earned fee revenue and receivables.

Work closely with MidPen staff to account for restricted funds and expense activities in a timely manner

Perform allocation of expenses to other entities and request reimbursement from those entities on a timely basis

Prepare monthly and special management reports as requested

Maintain, establish and improve documentation relating to internal accounting controls

Prepare annual audit schedules and interact with auditors to complete the audit, and tax returns

Monitor adherence to audit requirements and ensure full compliance in accordance with regulatory agencies

Serve as a financial resource, answer questions and provide ad-hoc financial support as requested

Develop recommendations for effective and efficient business processes and participate in cross-functional projects

Actively participate in meetings to communicate and share accounting, internal controls and analysis information

Provide back-up support to other accountants as needed

Perform other duties as assigned

Qualifications:

Bachelor degree in Accounting or Finance, CPA is a plus

Must possess a strong understanding of GAAP principles

Three years of experience in accounting and financial analysis or equivalent. Experience in the field of real estate or with a partnership firm is a plus

Inter-company and consolidation experience is preferred

Proficiency in Excel and experience working with large data sets are a plus

Effective written and verbal communication skills

Possesses a high degree of accuracy, organization and attention to detail

Ability to work independently, use good business judgment and manage multiple tasks

Ability to understand and concisely explain financial concepts

Work well with others within a diversified community

Ability to handle shifting and multiple priorities in a fast paced environment

Ability to exercise tact and diplomacy

Pay Range

$80 ,000.00 - $95,000.00 Annual Salary - Pay based on applicable experience and qualifications

Benefits and Compensation (see here for full details )

Health Insurance

Dental, Vision, Life & Disability Insurance

403(b) Retirement Investment

Employee Education Reimbursement Program

Paid Parental Leave

FSA for Childcare, Medical, and Commuter Benefits

EAP Program

Pet Insurance

Paid Time Off

Company Holidays

Wellness Days

EQUAL OPPORTUNITY EMPLOYER

MidPen Housing Corp. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

We are committed to providing an inclusive and accessible hiring process. If you need a reasonable accommodation for any part of the application or interview process, please notify your recruiter. Consistent with its obligations under the law, MidPen Housing Corp. will provide reasonable accommodation to any employee with a disability who requires accommodation to perform the essential functions of his or her job.