Bisnow

Accountant - Affordable Housing

Bisnow  •  Brooklyn, NY (Onsite)  •  2 months ago
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Job Description

Accountant - Affordable Housing

Brooklyn, NY - In-Office

Our SelectLeaders client is a family-owned construction management, development, and general contracting firm based in Brooklyn, NY, focused on multifamily affordable and supportive housing.

For decades, they have partnered with faith leaders, local officials, and community organizers to shape the neighborhoods in which we live and work. The firm develops affordable housing in partnership with HPD and HCR, leveraging city and state subsidies, tax credit structures, and additional capital sources. They also provide construction and ownership representation services for church-led housing initiatives across New York City, Maryland, and Atlanta.

They are seeking a detail-oriented Accountant with deep experience in affordable housing development to support the full lifecycle of projects from predevelopment through construction, lease-up, and conversion. This role is critical in ensuring financial accuracy, compliance, and seamless coordination with internal and external stakeholders.

This is an ideal opportunity for someone with a strong accounting or finance background who is interested in expanding into real estate development.

This position is ideal for someone who:

  • Is deeply community-oriented and mission-driven

  • Thrives in complex, fast-moving environments

  • Understands affordable housing finance and compliance

  • Wants hands-on involvement in shaping neighborhoods and creating opportunity

Key Responsibilities

  • Manage and maintain accurate trial balances, general ledger activity, and financial reporting across multiple development projects

  • Perform monthly bank reconciliations and ensure timely resolution of discrepancies

  • Prepare and analyze balance sheets and supporting schedules

  • Track and record capitalized project costs, ensuring proper classification and compliance with accounting standards

  • Oversee and monitor project budgets, including phasing costs from predevelopment through construction and conversion to stabilized operations

  • Partner closely with development and asset management teams to align financial reporting with project milestones

  • Support audit processes, including preparing schedules, documentation, and coordinating with external auditors

  • Assist with financial reporting for lenders, investors, and regulatory agencies (e.g., LIHTC compliance)

  • Identify opportunities to improve accounting processes, controls, and reporting efficiency

  • Development & Project Support

  • Assist in managing financial aspects of development projects from pre-development through completion

  • Monitor project budgets, costs, and financial performance

  • Support municipal and entitlement-related efforts with a financial lens

  • Coordinate with third-party property managers and consultants

  • Process Improvement & Operations

  • Help build and improve internal financial and reporting processes

  • Assist in implementing systems and best practices for project tracking and documentation

  • Contribute to a growing platform with the opportunity to take on increased responsibility over time

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field

  • 5+ years of accounting experience, with a focus on real estate, specifically affordable housing development

  • Strong understanding of development accounting, including capitalized costs and project-based accounting

  • Experience managing financials across multiple projects and complex capital stacks

  • Proficiency in Excel and accounting systems (e.g., Yardi, Quickbooks)

  • Strong attention to detail with the ability to manage deadlines across concurrent projects

Bisnow

About Bisnow

Our mission is to inform, connect and advance the commercial real estate community to do more business. We aspire to be the most data-driven and humanizing digital media, live events and intelligence platform in the galaxy — and through this effort, drive the industry to greater heights.

Bisnow hosts 340+ events a year that are attended by over 75,000 people, 2,000 sponsors and hundreds of speakers. We also publish newsletters and morning briefs that reach more than 1.5 million CRE executives.

Upcoming Events: https://www.bisnow.com/events

CRE News: https://www.bisnow.com/

Career Opportunities: https://www.bisnow.com/careers

Check us out on Glassdoor: https://www.glassdoor.com/Overview/Working-at-Bisnow-EI_IE358093.11,17.htm

Industry
Unknown
Company Size
201-500 employees
Headquarters
New York
Year Founded
2005
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