Job Description

About Us

At BRC, we help New Yorkers experiencing homelessness reclaim their lives with opportunities for health, self-sufficiency, and hope, while restoring dignity and respect. We invest in our employees through growth, learning, and meaningful work across Manhattan, Brooklyn, the Bronx, and Queens, offering a wide range of benefits and a supportive team environment. Join our passionate team, make a real difference every day, and be part of a community that’s building a more caring and compassionate city – apply today!

Key Responsibilities

• Record and reverse monthly accrual entries for affiliated entities.
• Review, reconcile, and analyze subsidiary ledgers, including Accounts Payable and Rent Receivable, ensuring accuracy and completeness.
• Review monthly rent rolls and reconcile tenant rental income and subsidy revenue to the general ledger.
• Maintain the lease accounting database and record monthly lease-related journal entries.
• Perform reconciliations of balance sheet and expense accounts in accordance with ASC 842, ensuring agreement between the general ledger and lease accounting system reports.
• Prepare and maintain monthly schedules and rollforwards for prepaid expenses, prepaid insurance, deferred rent, and other assigned accounts.
• Maintain loan payable accounts and prepare related debt schedules, amortization schedules, and rollforwards.
• Record, monitor, and reconcile escrow and reserve account activity.
• Review general ledger transactions to identify eligible reserve and escrow drawdowns and ensure proper accounting treatment.
• Execute month-end, quarter-end, and year-end close procedures in accordance with established reporting deadlines.
• Analyze financial data and prepare journal entries to accurately record transactions and adjustments in the general ledger.
• Prepare and analyze trial balances and financial statements for lender, investor, and syndication reporting requirements.
• Assist with annual financial statement audits, including preparation of supporting schedules and audit documentation.
• Prepare recurring and non-recurring journal entries and account reconciliations as assigned.
• Perform other accounting and financial reporting duties as assigned.

Required Qualifications

• Bachelor’s degree in accounting, finance, or a related field required.
• Strong knowledge of GAAP, financial reporting, account reconciliations, and month-end/year-end close processes.
• Familiarity with ASC 842 lease accounting and real estate-related transactions, including loans, escrow, and reserve accounts.
• Demonstrated experience with month-end and year-end close processes, account reconciliations, financial statement preparation, and general ledger maintenance.
• Advanced proficiency in Microsoft Excel and experience with accounting and property management software (Yardi experience a plus).
• Strong analytical, organizational, and problem-solving skills with a high attention to detail.
• Proven ability to manage multiple priorities, meet deadlines, and work independently.
• Excellent verbal and written communication skills.

Preferred Qualifications

• Experience supporting audits and preparing financial reports for lenders, investors, and other stakeholders preferred.
• Knowledge of affordable housing programs and nonprofit accounting is a plus.

Schedule

Monday-Friday 9am-5:30pm

Hybrid – 3 days in office

Benefits

• Competitive health and dental plans, with coverage available for your spouse, domestic partner, and dependents
• Minimum of 3 weeks paid vacation, 12 paid holidays, plus additional paid sick and personal time
• 403(b) retirement plan with BRC matching contributions
• Tuition assistance and a variety of career development and training opportunities
• Flexible Spending Accounts (FSAs) for healthcare, transit, and childcare expenses
• Free resources for legal, financial, and personal support