Regional Accountant

Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $80.9 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands - all to make home and community places of pride, power and belonging.

Join us at enterprisecommunity.org

Working at Enterprise

At Enterprise, you'll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You'll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you're valued and supported in your growth journey.

Enterprise offers career opportunities in our offices across the country with anexceptional benefits package.

Job Description Summary

Job Description

Job Responsibilities:

• Review accuracy of annual tax returns of over 350 partnerships for compliance purposes.
• Review accuracy of annual audited financials of over 350 partnerships for compliance purposes.
• Prepare elaborate data spreadsheet to determine specific financial reporting requirements for over 350 partnerships.
• Creating journal entries and/or adjusting journal entries on income statements and balance sheets submitted quarterly and annually.
• Performing reconciliation analysis of income statement and balance sheet that are submitted quarterly and annually.
• Addressing financial reporting discrepancies/concerns expressed by the Field Asset Manager.
• To ensure IRS and state guidelines are followed, to confirm there's no breach of the Operating Agreement (LPA) and LIHTC compliance, especially for LIHTC (tax credit) reporting, owner distributions and contributions, possible Minimum Gain or Limited Loss issues, and to determine 'tax credit deficiencies' or 'tax on taxable income' that needs to be paid, all of which are reported and presented to our Upper Tier auditors and investors.
• To ensure GAAP guidelines are followed, to confirm there's no breach of the Operating Agreement (LPA) and LIHTC compliance, and to examine data to ensure financials are presented according to the financial reporting requirements set by Enterprise, which in turn is reported to Upper Tier auditors and investors.
• This task serves as a reference guide to determine specific/additional reporting requirements for each partnership in my portfolio and helps me to prepare for year-end audit/tax season. The spreadsheet includes a plethora of data which is manually entered throughout the calendar year.
• Oftentimes, financial reports are presented by external accountants and/or third-party data systems with incorrect allocation of amounts in the COAs. Creating JEs or AJEs are necessary to ensure amounts are accurately reported in specific operational categories.
• Performing this task is mandatory in the Tax & Regional Accounting department. It is a key component to the Project Performance Indicator write-ups that the Asset Managers have to prepare and submit.
• This job function is crucial in order for the Field Asset Managers to perform their reviews of each LIHTC property.

Qualifications:

• Bachelor's degree, preferably in accounting; or 10+ years of relevant industry experience required.
• 3+ years of accounting and tax experience required, public accounting, real estate or partnership tax preferred.
• Knowledge of real estate development terminology and financial analysis preferred. Experience with Low Income Housing Tax Credits a plus.
• Strong organizational skills and the ability to coordinate complex activities, prioritize conflicting demands, and meet deadlines
• Must be highly motivated and able to work independently with minimal supervision and to reliably and accurately move tasks forward.
• Demonstrate habits of accuracy and reliability.
• Ability to work under stress/pressure.
• Ability to work extended hours during peak periods.

Total Rewards at Enterprise:

You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing.

Enterprise offers a comprehensive total rewards package for you and your family.

The base salary for this role is $75,000 to $85,000, depending on level of skills and experience.

The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.

At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as adoption and surrogacy support. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits. We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions. Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.

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