National Housing Trust
Senior Accountant, Lending
National Housing Trust, Washington, District of Columbia, us, 20022
Senior Accountant, Lending at National Housing Trust.
National Housing Trust 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.
Pay
$90,000.00/yr – $110,000.00/yr Application Process
To be considered for this position, you must apply through NHT’s hiring portal:
NHT Career Page . No phone calls, please. Position Overview
The Senior Accountant, Lending reports to the Assistant Controller, Corporate Accounting and Treasury. Responsibilities include supporting day‑to‑day accounting operations for NHT Lending entities and subsidiaries, ensuring accurate and timely recording of financial transactions, month‑end close tasks, and project‑level financial reporting. The role works closely with real estate‑focused members of the Finance team to ensure accurate accounting treatment of loans that directly support NHT’s real‑estate portfolio. This position is DC‑based and qualifies for a hybrid work schedule, requiring a minimum of two days per week (Tuesdays and Thursdays) at NHT’s corporate office. Lending Transaction Processing (40%)
Demonstrate understanding of all aspects of lending operations at NHT. Review lending transaction disbursement requests and validate account coding distribution for accuracy via NHT Accounts Payable disbursement system (AvidXchange). Ensure that all transactions recorded in the loan servicing system are accurately transferred to the general ledger, including funding/pay‑off transactions, interest capitalizations, interest accruals, interest payments, changes to loan loss reserves, and charge‑offs. Record and maintain support for daily lending receipts recorded to the general ledger; allocate receipts to the correct loan project, principal, interest, and fee accounts. Record revenue recognition transactions for revenue related to private grants, CDFI awards, and other federal awards. Assist investors with queries related to covenant tracking and financial reporting requirements. Work with lending department staff to obtain reports from the loan system to support various lending transactions; create invoices and track expenses related to loan closings; collaborate on system implementation and troubleshooting with vendors. Support project management in the accounting system for tracking transactions by projects; create new projects for grants and loans; make grant and loan projects inactive following completion and loan closing/payoffs; advise lending staff on coding FTE hours to meet the budget for grants. Monitor cash balances and coordinate with lending department staff on various account transfers. Track compliance for business licenses, charitable registrations, state annual reporting, and other compliance tasks as assigned. Coordinate with Real Estate Development and Finance team members to ensure lending transactions are aligned with project‑level accounting and reporting requirements. Month‑End Close and Financial Reporting (50%)
Prepare bank reconciliations for lending entities and subsidiaries for review; investigate any uncleared or outstanding reconciling items. Perform month‑end close tasks for lending entities and subsidiaries; complete monthly loan accounting close procedures and deliverables including journal entries, reconciliations, and preparing financial statement reports in accordance with US GAAP. Use the accounting task management tool, FloQast, for reconciliation preparation and completion of month‑end close. Create, maintain, or review supporting schedules and analyses for various general ledger accounts, including but not limited to reconciliation schedules for loan receivables and loan payables by project. Review general ledger activity and calculate monthly accruals and prepayments. Collaborate with real estate finance staff to reconcile loan‑related transactions and ensure proper classification and reporting of real‑estate–related lending activities. Identify and research explanations for any reconciliation variances and work with lending team staff to propose timely resolution. Establish appropriate controls for loan accounting to monitor and resolve reporting or transactional discrepancies promptly. Support financial reporting preparation, including ad‑hoc reporting. Create standard and non‑standard recurring and required month‑end journal entries for review and approval, including investment activities, fixed assets, amortization, expensing prepaid items, recognizing deferred revenue, and release of temporarily restricted net assets. Assist in the preparation of Form 990s for assigned entities. Other duties and responsibilities as assigned. Finance and Accounting Operations (10%)
Identify process improvement opportunities and assist in developing solutions for loan accounting processes; streamline existing processes to enhance efficiencies within the Finance team. Assist in the development of policies and procedures regarding finance and accounting operations. Participate in the development of organization‑wide training programs related to finance and accounting policies and procedures. Provide audit support to NHT and affiliate entities; prepare and provide supporting documentation and schedules for financial and compliance audits; participate in meetings with external auditors for all parent‑entity level audits. Assist with general ledger (Sage Intacct) maintenance and accounting systems management and administration. Assist in the preparation of the annual budget, as directed. Maintain strict compliance with NHT record retention and management policies. Other duties and responsibilities as assigned. Qualifications
This is an extraordinary opportunity for a committed and emerging leader with at least 4–6 years of experience. Candidates will ideally have experience in nonprofit affordable housing. Other qualifications include: A Bachelor’s degree in Accounting or Finance is required. Minimum 4–6 years of accounting experience, preferably in community lending, multi‑family real estate, and/or public accounting. Experience with CDFIs and nonprofit accounting and tax‑related matters. Grant accounting and management experience. Experience with AvidXchange, Sage Intacct, and FloQast is preferable but not required. Resourcefulness and ability to deliver results in an entrepreneurial, dynamic environment. Ability to understand and develop organizational and accounting workflows and processes. Collaboration across departments, particularly with real‑estate and lending teams, to ensure cohesive financial reporting and compliance. Strong technical, critical thinking, problem‑solving, and investigative skills. Proficient computer skills, including Microsoft Office Suite. Excellent interpersonal, organizational, and communication skills. Exceptional attention to detail. Commitment to diversity, equity, and inclusion. Collaborative approach and team orientation. Commitment to NHT’s mission of assisting families struggling with housing insecurity and inequity. Compensation
Salary and benefits are competitive and commensurate with experience. The salary range for this position is $90,000 to a maximum of $110,000.
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$90,000.00/yr – $110,000.00/yr Application Process
To be considered for this position, you must apply through NHT’s hiring portal:
NHT Career Page . No phone calls, please. Position Overview
The Senior Accountant, Lending reports to the Assistant Controller, Corporate Accounting and Treasury. Responsibilities include supporting day‑to‑day accounting operations for NHT Lending entities and subsidiaries, ensuring accurate and timely recording of financial transactions, month‑end close tasks, and project‑level financial reporting. The role works closely with real estate‑focused members of the Finance team to ensure accurate accounting treatment of loans that directly support NHT’s real‑estate portfolio. This position is DC‑based and qualifies for a hybrid work schedule, requiring a minimum of two days per week (Tuesdays and Thursdays) at NHT’s corporate office. Lending Transaction Processing (40%)
Demonstrate understanding of all aspects of lending operations at NHT. Review lending transaction disbursement requests and validate account coding distribution for accuracy via NHT Accounts Payable disbursement system (AvidXchange). Ensure that all transactions recorded in the loan servicing system are accurately transferred to the general ledger, including funding/pay‑off transactions, interest capitalizations, interest accruals, interest payments, changes to loan loss reserves, and charge‑offs. Record and maintain support for daily lending receipts recorded to the general ledger; allocate receipts to the correct loan project, principal, interest, and fee accounts. Record revenue recognition transactions for revenue related to private grants, CDFI awards, and other federal awards. Assist investors with queries related to covenant tracking and financial reporting requirements. Work with lending department staff to obtain reports from the loan system to support various lending transactions; create invoices and track expenses related to loan closings; collaborate on system implementation and troubleshooting with vendors. Support project management in the accounting system for tracking transactions by projects; create new projects for grants and loans; make grant and loan projects inactive following completion and loan closing/payoffs; advise lending staff on coding FTE hours to meet the budget for grants. Monitor cash balances and coordinate with lending department staff on various account transfers. Track compliance for business licenses, charitable registrations, state annual reporting, and other compliance tasks as assigned. Coordinate with Real Estate Development and Finance team members to ensure lending transactions are aligned with project‑level accounting and reporting requirements. Month‑End Close and Financial Reporting (50%)
Prepare bank reconciliations for lending entities and subsidiaries for review; investigate any uncleared or outstanding reconciling items. Perform month‑end close tasks for lending entities and subsidiaries; complete monthly loan accounting close procedures and deliverables including journal entries, reconciliations, and preparing financial statement reports in accordance with US GAAP. Use the accounting task management tool, FloQast, for reconciliation preparation and completion of month‑end close. Create, maintain, or review supporting schedules and analyses for various general ledger accounts, including but not limited to reconciliation schedules for loan receivables and loan payables by project. Review general ledger activity and calculate monthly accruals and prepayments. Collaborate with real estate finance staff to reconcile loan‑related transactions and ensure proper classification and reporting of real‑estate–related lending activities. Identify and research explanations for any reconciliation variances and work with lending team staff to propose timely resolution. Establish appropriate controls for loan accounting to monitor and resolve reporting or transactional discrepancies promptly. Support financial reporting preparation, including ad‑hoc reporting. Create standard and non‑standard recurring and required month‑end journal entries for review and approval, including investment activities, fixed assets, amortization, expensing prepaid items, recognizing deferred revenue, and release of temporarily restricted net assets. Assist in the preparation of Form 990s for assigned entities. Other duties and responsibilities as assigned. Finance and Accounting Operations (10%)
Identify process improvement opportunities and assist in developing solutions for loan accounting processes; streamline existing processes to enhance efficiencies within the Finance team. Assist in the development of policies and procedures regarding finance and accounting operations. Participate in the development of organization‑wide training programs related to finance and accounting policies and procedures. Provide audit support to NHT and affiliate entities; prepare and provide supporting documentation and schedules for financial and compliance audits; participate in meetings with external auditors for all parent‑entity level audits. Assist with general ledger (Sage Intacct) maintenance and accounting systems management and administration. Assist in the preparation of the annual budget, as directed. Maintain strict compliance with NHT record retention and management policies. Other duties and responsibilities as assigned. Qualifications
This is an extraordinary opportunity for a committed and emerging leader with at least 4–6 years of experience. Candidates will ideally have experience in nonprofit affordable housing. Other qualifications include: A Bachelor’s degree in Accounting or Finance is required. Minimum 4–6 years of accounting experience, preferably in community lending, multi‑family real estate, and/or public accounting. Experience with CDFIs and nonprofit accounting and tax‑related matters. Grant accounting and management experience. Experience with AvidXchange, Sage Intacct, and FloQast is preferable but not required. Resourcefulness and ability to deliver results in an entrepreneurial, dynamic environment. Ability to understand and develop organizational and accounting workflows and processes. Collaboration across departments, particularly with real‑estate and lending teams, to ensure cohesive financial reporting and compliance. Strong technical, critical thinking, problem‑solving, and investigative skills. Proficient computer skills, including Microsoft Office Suite. Excellent interpersonal, organizational, and communication skills. Exceptional attention to detail. Commitment to diversity, equity, and inclusion. Collaborative approach and team orientation. Commitment to NHT’s mission of assisting families struggling with housing insecurity and inequity. Compensation
Salary and benefits are competitive and commensurate with experience. The salary range for this position is $90,000 to a maximum of $110,000.
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