About IHO
At Innovative Housing Opportunities (IHO), you are important. Your contribution cannot be overstated. We take pride in our employees and the work we do, and the services we provide.
Founded in 1976, IHO is an award-winning nonprofit developer that provides high-quality permanent rental housing affordable to low-to-moderate income households in Southern California. The Company and its staff have completed and continue to operate housing projects with integrated services funded with a variety of public sources. Our Mission is to enrich communities by providing high quality, holistic, affordable housing and services. Collaborating with members of the community and local government, business, education, and faith sectors, we built Woodbridge Manor Apartments, Irvine’s first 100% very low-income housing for seniors and disabled individuals in 1981. We then introduced resident-centered services and lifelong learning programs while maintaining strong fiscal controls and management oversight. Even now neighbors are still surprised to learn they are living adjacent to “low-income housing.”
Today, IHO continues to advocate for smarter, sustainable housing and land use legislation. Our communities remain indistinguishable from their market rate neighbors, and our residents continue to thrive. As a nimble and creative development team, we leverage partnerships, new technologies, and financing strategies to identify the most effective ways to build strong families and high-performing cities while finding a win-win for public agencies, private industry, and people seeking housing.
Summary
IHO is looking for a highly effective and result-oriented Accountant to join our innovative and dynamic team in our Santa Ana, CA office. Under the direction of the Controller, the Accountant plays a critical role in maintaining accurate financial records, ensuring compliance with accounting standards, and supporting the financial goals of the organization. The accountant will work closely with the Controller to manage day-to-day corporate financial operations, including general ledger maintenance, accounts payable/receivable, payroll processing, and financial reporting.
The accountant’s responsibilities include preparing financial reports, performing account reconciliations, accruals, maintaining the general ledger and supporting schedules. The accountant will also be assisting with audit preparations, tax filings, and performing other accounting duties as assigned. The successful accountant will have a solid working knowledge of Generally Accepted Accounting Principles (GAAP) and strong financial analysis skills. The accountant will also possess strong Excel skills, be detail-oriented, highly organized, able to work with little to no supervision, and perform well under pressure. You should bring innovation and adaptability to the role.
Core Competencies & Characteristics
- Interpersonal and Relationship Building Skills
- Effective Communication
- Attention to Detail
- Time Management and Organization
- Teamwork Orientation
- Results Oriented
- Analyzing Information
- Decision Making
Essential Duties And Responsibilities
Accounting and Analysis
- Coordinating accounting functions and programs.
- Ensure that all month-end financial accounting duties and all resulting financial reporting are completed in a timely and accurate manner.
- Preparing financial analyses and reports.
- Full-cycle Accounts Payable, including invoice processing, vendor payments, reconciliation of AP ledger
- Maintain and reconcile accounts receivable ledger, collection duties and bank deposits
- Experience with payroll systems is an asset.
- Assisting with preparing and monitoring budgets.
- Maintaining and reconciling balance sheet and general ledger accounts.
- Assist with annual audit preparation and support.
- Investigating and resolving audit findings, account discrepancies, and issues of noncompliance.
- Assist in the preparation of federal, state, local, and special tax returns.
- Contribute to the development of new or amended accounting systems, programs, and procedures.
- Performing other accounting duties and supporting the Finance Team as required or assigned.
Qualifications
- Working knowledge of GAAP.
- Strong financial analysis skills.
- Strong analytical thinking and problem-solving skills
- Proficiency in Microsoft Office, particularly an intermediate knowledge of Excel.
- Accuracy and attention to detail.
- Ability to train and manage staff.
- Solid technical expertise and ability to master new software quickly.
- Excellent interpersonal and customer service skills and ability to collaborate effectively with others.
- Excellent verbal, written and organizational skills.
- Has a sense of urgency and a desire to be part of building something new. Effective prioritization, stress management, and organizational skills. Strong leadership and interpersonal skills with the ability to build relationships and manage and motivate internal and external teams. Ability to work both independently and collaboratively in cross-functional teams. Ability to meet multiple deadlines and work in a fast-paced environment. Self-motivated and hard worker.
Education And/Or Experience – Minimum
- Bachelor’s degree in accounting or finance required.
- 3-5 years of progressive accounting experience is required, with a significant portion of that time in the real estate industry
- 1+ years of accounting experience using Yardi.
Other job requirements
- Proficiency with Yardi
- Proficiency with Microsoft Office Tools such as Word, Excel, PowerPoint, SharePoint, Teams, and Adobe Suite; willingness to learn other software programs, i.e. Govenda.
- Organize Zoom & MS Team calls/presentations
- Maintain records and documentation in Sharepoint
- Masterful at implementing the Accounts Payable Process, Draw schedules and Cashflow Management
- Experienced in performing Credit card reconciliations, bank reconciliations, accruals, etc.
- Experienced in monitoring the following schedules: Fixed Assets, Depreciation, Amortization, Cost reimbursement, etc.
- Monitor grant budgets, spending, schedules, etc.
- Understand the real estate cycle, predevelopment, construction, lease up, asset management, etc.
- Prepare Developer Fee schedules, read/understand Partnership Agreements
- Understand tax schedule for 1099’s, W2’s, K-1’s, etc.
- Understand loan agreements, reconciling the loan books to the loan statements and amortization schedule, monitoring the maturity dates
- Understanding of Welfare exemptions, EDD, etc.
- Understanding of LP’s, LLC’s, intercompany transactions – due to/due from, etc.
- Maintains current knowledge of and complies with organizational and department policies and procedures
- Produce complex financial spreadsheets
- Maintain professional behavior, dress, and appearance always.
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Preferences
- Experience with accounting software preferred.
- Proven, affordable housing finance expertise.
- Southern California real estate experience.
- Experience working for a nonprofit real estate developer.
Compensation
- $60,000 to $95,000 depending on experience
Benefits
- Hybrid Work Environment
- Paid Holidays
- Paid Vacation and Sick Time Off
- 401K with 3% employer contribution
- Medical, Dental, Vision, FSA
- Gym Reimbursement
Travel
While this position primarily works in the company’s Orange County office, visiting property sites and partners and attending conferences and events will be required
Equal Opportunity
Innovative Housing Opportunities is an equal opportunity employer (EOE). Qualified applicants are considered for employment without regard to age, race, religion, gender, sexual orientation, national origin, and disability or veteran status. If you need assistance or accommodation during the application process because of a disability, it is available upon request (IHO is pleased to provide such assistance, and no applicant will be penalized as a result of such a request).