National Housing Trust
Assistant Controller, Real Estate and Property Accounting
National Housing Trust, Washington, District of Columbia, us, 20022
Assistant Controller, Real Estate and Property Accounting
2 days ago Be among the first 25 applicants
National Housing Trust provided pay range This range is provided by National Housing Trust. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $130,000.00/yr - $150,000.00/yr
Application Process To be considered for this position, you must apply through NHT’s hiring portal (https://nhtinc.bamboohr.com/careers/108?source=aWQ9NTc=).
Organizational Background National Housing Trust (NHT) has been dedicated to creating and preserving affordable housing for almost 40 years. We build, preserve, and finance affordable housing and use that expertise to inform and advance resident-focused solutions to strengthen the broader affordable housing industry. NHT has a staff of 60+ across five program areas: Policy, Lending, Real Estate Development, Community Outreach and Impact, and Energy Solutions. Our hallmark is our cross-functional, integrated approach to innovating, demonstrating, and amplifying solutions to the affordable housing crisis in the U.S.
Position The Assistant Controller, Real Estate and Property Accounting is a full-time position located in Washington D.C. for an experienced CPA. This position reports to the Controller, Real Estate and Corporate Accounting and is responsible for operational accounting over a multi-entity real estate enterprise and will lead the day-to-day operations of the real estate accounting team. Chief responsibilities include development project accounting, implementing appropriate accounting procedures, preparing financial statements, monthly close, maintaining the general ledger, and special projects as needed. The Real Estate Assistant Controller will work closely with NHT Communities, who is the partner or sole owner of over 30 housing communities, NHT Renewable, Community Outreach and Impact, and third-party property management accounting departments.
The position will supervise a team of Accounting Managers, Senior Accountants, and Staff accountants (three direct reports and two indirect reports).
This position is DC-based and qualifies for a hybrid work schedule, working a minimum of two days per week (Tuesdays and Thursdays) at NHT’s corporate office.
Responsibilities
Oversee Real Estate and Solar Project Accounting department activities.
Oversee Partnership Accounting which includes review and solid understanding of partnership agreements, waterfalls, fees, capital calls and cash flow distributions.
Manage the month-end and year-end closing process for NHT’s real estate and energy solutions businesses, including reconciliations and analysis of related accounts.
Act as the primary point of contact for real estate project lenders and investors regarding financial reporting requirements, tax matters, and other inquiries. Ensure the Controller is included in all communications and meet regularly to review gathered information, develop solutions, and align on workflows that address stakeholder needs and ensure compliance.
Research and resolve accounting issues including evaluation and implementation of new accounting pronouncements to ensure US GAAP compliance.
Provide oversight and monthly review and reconciliation of journal entries and conduct quarterly reconciliations of key accounts.
Prepare budgets and financial reports for real estate, solar, and community outreach and impact business lines.
Review, analyze, and present month-end, quarter-end, and annual financial statements.
Conduct monthly financial project review meetings with respective project management teams.
Work with NHT Asset Management as necessary to review projections of surplus cash and distributions from properties to NHTC.
Oversee third-party property manager accountants on financial preparation and general bookkeeping/reconciliation issues. Review fixed asset accounts and provide capitalization adjustments.
Oversee the filings associated with multi-state governmental documentation requirements for all NHTC owned properties.
On tax credit projects, track basis to projections; work with development staff, asset managers, and auditors to complete cost certifications for tax credit projects.
Oversee the preparation of Form 990 filings for applicable and assigned NHT entities, in collaboration with and subject to review by the Controller, ensuring accuracy and timely submission in compliance with IRS requirements.
In conjunction with the Controller, propose and enhance organizational policies and procedures and employ systems that will improve the overall operation and effectiveness of accounting operations.
Work with other departments to prepare quarterly financial reporting packages.
Ensure that effective internal and external controls are in place (external controls related to third-party property management) and report any findings or discrepancies to the Controller.
Assist in the oversight of, and liaison with, outside auditors regarding annual audit requirements for project entities. Help lead annual audit and preparation of tax returns by external CPA’s. Communicate any findings, scheduling changes, and progress of audits and tax returns to the Controller on a regular basis.
Create and analyze financial reports and ad hoc reporting and analysis as required.
Assist the Controller with implementation of finance department strategic initiatives, accounting policy updates and changes, and ad hoc projects that affect the real estate portfolio.
Assist the Controller with maximizing the impact of the accounting system with the development of templates, reports, and other aspects of the financial system as applicable.
Provide regular updates to the Controller regarding work and initiatives pertaining to the real estate team and help identify possible solutions to any internal or external issues that the team encounters.
Perform all other duties and tasks as assigned.
Qualifications
Bachelor’s degree in accounting and current or former CPA.
Minimum of 7 years’ experience in successful audit, accounting, tax, and financial experience in real estate development, construction, property management and/or related industry. Multifamily experience preferred.
New development and construction experience highly preferred.
Strong cash management and construction project accounting oversight.
Advanced knowledge of accounting and reporting software; experience with Sage Intacct preferred.
Keen analytic, organization and problem-solving skills.
Ability to manage multiple projects with competing deadlines.
Experience managing people and teams, with skill in balancing delegation with “hands‑on” support.
Compensation Salary and benefits are competitive and commensurate with experience. The salary range for this position is $130,000 to a maximum of $150,000.
For further details on the benefits available, please refer to NHT’s Summary of Benefits for 2025.
APPLICATION PROCESS To be considered for this position, you must apply through NHT’s hiring portal (https://nhtinc.bamboohr.com/careers/108?source=aWQ9NTc=). No phone calls, please.
About National Housing Trust National Housing Trust (NHT) has been dedicated to creating and preserving affordable housing for almost 40 years. We build, preserve, and finance affordable housing and use that expertise to inform and advance resident-focused solutions to strengthen the broader affordable housing industry. NHT has a staff of 50+ across five program areas: Policy, Lending, Real Estate Development, Community Outreach and Impact, and Energy Solutions. Our hallmark is our cross-functional, integrated approach to innovating, demonstrating, and amplifying solutions to the affordable housing crisis in the U.S.
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National Housing Trust provided pay range This range is provided by National Housing Trust. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $130,000.00/yr - $150,000.00/yr
Application Process To be considered for this position, you must apply through NHT’s hiring portal (https://nhtinc.bamboohr.com/careers/108?source=aWQ9NTc=).
Organizational Background National Housing Trust (NHT) has been dedicated to creating and preserving affordable housing for almost 40 years. We build, preserve, and finance affordable housing and use that expertise to inform and advance resident-focused solutions to strengthen the broader affordable housing industry. NHT has a staff of 60+ across five program areas: Policy, Lending, Real Estate Development, Community Outreach and Impact, and Energy Solutions. Our hallmark is our cross-functional, integrated approach to innovating, demonstrating, and amplifying solutions to the affordable housing crisis in the U.S.
Position The Assistant Controller, Real Estate and Property Accounting is a full-time position located in Washington D.C. for an experienced CPA. This position reports to the Controller, Real Estate and Corporate Accounting and is responsible for operational accounting over a multi-entity real estate enterprise and will lead the day-to-day operations of the real estate accounting team. Chief responsibilities include development project accounting, implementing appropriate accounting procedures, preparing financial statements, monthly close, maintaining the general ledger, and special projects as needed. The Real Estate Assistant Controller will work closely with NHT Communities, who is the partner or sole owner of over 30 housing communities, NHT Renewable, Community Outreach and Impact, and third-party property management accounting departments.
The position will supervise a team of Accounting Managers, Senior Accountants, and Staff accountants (three direct reports and two indirect reports).
This position is DC-based and qualifies for a hybrid work schedule, working a minimum of two days per week (Tuesdays and Thursdays) at NHT’s corporate office.
Responsibilities
Oversee Real Estate and Solar Project Accounting department activities.
Oversee Partnership Accounting which includes review and solid understanding of partnership agreements, waterfalls, fees, capital calls and cash flow distributions.
Manage the month-end and year-end closing process for NHT’s real estate and energy solutions businesses, including reconciliations and analysis of related accounts.
Act as the primary point of contact for real estate project lenders and investors regarding financial reporting requirements, tax matters, and other inquiries. Ensure the Controller is included in all communications and meet regularly to review gathered information, develop solutions, and align on workflows that address stakeholder needs and ensure compliance.
Research and resolve accounting issues including evaluation and implementation of new accounting pronouncements to ensure US GAAP compliance.
Provide oversight and monthly review and reconciliation of journal entries and conduct quarterly reconciliations of key accounts.
Prepare budgets and financial reports for real estate, solar, and community outreach and impact business lines.
Review, analyze, and present month-end, quarter-end, and annual financial statements.
Conduct monthly financial project review meetings with respective project management teams.
Work with NHT Asset Management as necessary to review projections of surplus cash and distributions from properties to NHTC.
Oversee third-party property manager accountants on financial preparation and general bookkeeping/reconciliation issues. Review fixed asset accounts and provide capitalization adjustments.
Oversee the filings associated with multi-state governmental documentation requirements for all NHTC owned properties.
On tax credit projects, track basis to projections; work with development staff, asset managers, and auditors to complete cost certifications for tax credit projects.
Oversee the preparation of Form 990 filings for applicable and assigned NHT entities, in collaboration with and subject to review by the Controller, ensuring accuracy and timely submission in compliance with IRS requirements.
In conjunction with the Controller, propose and enhance organizational policies and procedures and employ systems that will improve the overall operation and effectiveness of accounting operations.
Work with other departments to prepare quarterly financial reporting packages.
Ensure that effective internal and external controls are in place (external controls related to third-party property management) and report any findings or discrepancies to the Controller.
Assist in the oversight of, and liaison with, outside auditors regarding annual audit requirements for project entities. Help lead annual audit and preparation of tax returns by external CPA’s. Communicate any findings, scheduling changes, and progress of audits and tax returns to the Controller on a regular basis.
Create and analyze financial reports and ad hoc reporting and analysis as required.
Assist the Controller with implementation of finance department strategic initiatives, accounting policy updates and changes, and ad hoc projects that affect the real estate portfolio.
Assist the Controller with maximizing the impact of the accounting system with the development of templates, reports, and other aspects of the financial system as applicable.
Provide regular updates to the Controller regarding work and initiatives pertaining to the real estate team and help identify possible solutions to any internal or external issues that the team encounters.
Perform all other duties and tasks as assigned.
Qualifications
Bachelor’s degree in accounting and current or former CPA.
Minimum of 7 years’ experience in successful audit, accounting, tax, and financial experience in real estate development, construction, property management and/or related industry. Multifamily experience preferred.
New development and construction experience highly preferred.
Strong cash management and construction project accounting oversight.
Advanced knowledge of accounting and reporting software; experience with Sage Intacct preferred.
Keen analytic, organization and problem-solving skills.
Ability to manage multiple projects with competing deadlines.
Experience managing people and teams, with skill in balancing delegation with “hands‑on” support.
Compensation Salary and benefits are competitive and commensurate with experience. The salary range for this position is $130,000 to a maximum of $150,000.
For further details on the benefits available, please refer to NHT’s Summary of Benefits for 2025.
APPLICATION PROCESS To be considered for this position, you must apply through NHT’s hiring portal (https://nhtinc.bamboohr.com/careers/108?source=aWQ9NTc=). No phone calls, please.
About National Housing Trust National Housing Trust (NHT) has been dedicated to creating and preserving affordable housing for almost 40 years. We build, preserve, and finance affordable housing and use that expertise to inform and advance resident-focused solutions to strengthen the broader affordable housing industry. NHT has a staff of 50+ across five program areas: Policy, Lending, Real Estate Development, Community Outreach and Impact, and Energy Solutions. Our hallmark is our cross-functional, integrated approach to innovating, demonstrating, and amplifying solutions to the affordable housing crisis in the U.S.
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