Senior Accounting Manager

Volunteers of America National Services

Alexandria, Virginia

JOB DETAILS
SKILLS
Accounting, Accounting Close, Accounting Policies, Accounting Software, Accounts Payable, Accounts Receivable, Actuals, Affordable Housing, Analysis Skills, Asset Management, Auditing, Balance Sheet, Bank Management, Banking Services, Budget Management, Budget Reporting, Budgeting, Calendar Management, Cash Management, Construction, Construction Drawings, Contact Management, Cost Control, Cross-Functional, Dental Insurance, Disbursements, Distribution Management, Employee Assistance Plan, Escrow, Finance, Financial Analysis, Financial Management, Financial Operations, Financial Reporting, Financial Statements, Forecasting, Funding, General Ledger Accounting, Healthcare, Healthcare Quality, Human Resources, Insurance, Leadership, Loans, Low-Income Housing Tax Credit (LIHTC), Maintain Compliance, Mortgage Lending, Payroll Management, People Management, Portfolio Analysis, Post Closing, Process Development, Process Improvement, Process Management, Project Development, Real Estate, Real Estate Forms and Closings, Reconciliation, Regulatory Compliance, Report Distribution, Retirement Plan, Sales, Spreadsheets, Tax Accounting, Tax Credits, Tax Regulations, Tax Reporting, Tax Returns, Team Lead/Manager, Team Player, Technical Accounting, Technical Support, Time Management, Transaction Processing/Management, Vision Plan
LOCATION
Alexandria, Virginia
POSTED
2 days ago

Care with Heart. Work with Purpose.

Volunteers of America National Services (VOANS) is seeking a Senior Accounting Manager to join our Housing team. This is a (hybrid) role.

This is more than a job!  It’s an opportunity to lead financial operations within a mission-driven healthcare organization. In this role, you will cumulate and prepare financial statements, analysis, supporting working papers on a monthly basis for housing line of business and housing single asset entities. Review and update accounting policies and procedures, and provide supervision and support to the accounting staff and external management/ accounting firms.

Volunteers of America National Services is a subsidiary of the Volunteers of America parent organization.Proudly Great Place to Work® Certified for 8 consecutive years.

Location: 1660 Duke St, Alexandria, VA 22314
Schedule: Monday-Friday 8:00 AM-5:00 PM (Hybrid)

Salary Range: $104,000-$117,000

 

Why You’ll Love It Here

  • Opportunity to shape strategy and drive organization-wide impact
  • Collaborative executive leadership team that values partnership and accountability
  • High-visibility role influencing performance, processes, and outcomes
  • Cross-functional collaboration across operations, finance, and clinical teams
  • Culture that empowers leaders to innovate, improve, and build strong teams

 

What We Offer

  • Comprehensive Medical, Dental & Vision Insurance
  • 403(b) Retirement Plan with Discretionary Employer Contribution
  • Generous Paid Time Off (Vacation, Holidays & Sick Leave)
  • Life Insurance & Short-Term Disability Coverage
  • Employee Assistance Program for personal and professional support
  • Wellness Incentives (up to $350 annually)
  • Early Pay Access (up to 50% up to $1000 of earned wages)
  • Career Development Opportunities

 

 

What You Bring (Requirements)

  • Bachelor's degree in accounting, business or finance.
  • At least five (5) years’ experience in accounting field, affordable housing,
  • LIHTC and HUD experience preferred with experience supervising.

 

What You’ll Be Responsible For

  • Lead and manage the monthly close process across multiple entities, ensuring accuracy and adherence to deadlines for Housing.
  • Manage the preparation and review of monthly and interim financial
  • Partner with team to reconcile balance sheet accounts and various internal tracking.
  • Identify opportunities to streamline processes and implement improvements to enhance efficiency, accuracy, and control.
  • Assist in budgeting, forecasting, and special financial projects as assigned by leadership.
  • Supervise, direct and manage a team.
  • Coordinate with 3rd party accounting/finance personnel; provide guidance on accounting, finance and reporting matters in relation to our housing entities.
  • Accurate interpretation of financial information.
  • Timely responses to requests for assistance.
  • Provide departmental assistance with questions related to general ledger, AP, AR, budgets to actuals report, and other accounting/finance related matters.

      Manage and direct accounting responsibilities related to the pre-development and development for Housing Facilities within the Real Estate HousingDevelopment Department:

      • Oversee the entire construction draw submission process.
      • Oversee draw approval/disbursement from various funding sources.
      • Manage the Disbursement process upon draw funding.
      • Manage the set-up of new projects in accounting system.
      • Monitor financial needs for projects in development.
      • Support and provide guidance to Sponsor’s accounting department on housing development transactions.
      • Manage reconciliation process between projects’ general ledgers to Sponsor’s general ledger; work closely with VOANS Corporate.
      • Oversee all receivables, advances and loans due to Sponsor during development.
      • Manage the tracking of Trust accounts and spreadsheet analysis.
      • Manage the cost certification process and 8609s filings.
      • Timely responses to request from Housing Development and Finance teams, leadership team, affiliates, lenders, funding authorities, investors, etc.
      • Manage banking activities (i.e. establishing bank accounts, wire transfers, etc.).
      • Provide support to the Housing Development and Finance teams on internal and external reporting requirements.
      • Provide support to the Housing Development and Finance teams on real estate closings, equity draw downs, and perm conversions.

      Cash management:

      • Manage disbursement/wire transfer process.
      • Manage weekly distribution of Cash report to Housing Development team on status of each reserved line of funding.
      • Manage the coordination with Sponsor’s accounting department on weekly cash transfers from each reserved line of funding, as directed and authorized.
      • Review and approve bank account reconciliation for housing entities’ bank accounts.
      • Manage the set up new bank accounts as directed.
      • Manage the surplus cash payouts.


      Support Housing in overseeing the following accounting/finance functions:

      • Manage monthly calendar and organize timelines for monthly transactions and processes.
      • Manage the Real estate closing & post-closing processes.
      • Manage the annual budget preparation & analysis for a portfolio of housing entities.
      • Manage the quarterly financial review with Asset Management; review and analyze housing facilities’ quarterly financial statements, and provide technical accounting guidance to 3rd party accounting firms.
      • Manage the accounting for VOANS Holding Company, Seller Note entities and other various housing entities.
      • Manage the accounting for General Partner entities.
      • Oversee Accounts Receivables related to Housing.

      Support the Housing team in overseeing the semi-annual audit and tax reporting functions:

      • Manage semi-annual audit and tax preparation (6/30 and 12/31) for a portfolio of VOA/VOANS Sponsored housing entities and related GP entities. This includes coordination with Asset Management team to resolve any audit and compliance issues.
      • Manage the annual audit and tax reporting for VOANS Holding Company and Mary Marshall Owner entity.
      • Manage the VOA nationally owned/sponsored consolidation entities listing.
      • Manage confirmation contact listing for multiple housing facilities.
      • Manage the reconciliation of accounts and analysis/schedules in preparation of annual audits.
      • Coordinate the preparation of Tax Credit Consolidation and Eliminations for annual consolidation audit.
      • Manage tax & compliance filing requirements for housing facilities and related entities.
      • Manage the tracking of mortgage/loan & escrow activity statements for a portfolio of housing entities Review Stabilization/Required Debt Service Coverage (DSC) ratio analysis.
      • Manage annual surplus cash payouts.


      Support Housing in overseeing the transition of projects from construction to operations as well as change in management/accounting firm of housing entities:

      • Meet with appropriate team members (Housing Development Directors, Director of Asset Management, Senior Asset Managers, Senior Financial Analyst, Director of Housing Management, Affiliates, and 3rd party agents/accounting firms) to discuss steps to ensure a smooth transition.
      • Manage the coordination of accounting setup with 3rd party agents/accounting firms.
      • Manage the coordination of payroll functions with Human Resources.
      • Manage the coordination of banking requirements (establishing bank accounts, transfer of balances, etc.).
      • Manage the coordination of set up of Insurance & Tax Escrow analysis.
      • Manage the preparation of various required documents on HUD 202/811 properties (SF 1199a direct deposit form, depository agreements, etc.).
      • Provide technical accounting support.
      • Other projects as assigned by leadership.

      About Volunteers of America National Services

       

      Volunteers of America National Services (VOANS) is a mission-driven organization dedicated to delivering high-quality healthcare, housing, and supportive services to those in need across the country.   We serve seniors, veterans, individuals with disabilities, and families through innovative programs that promote dignity, independence, and well-being.  With a strong commitment to compassion, integrity, and service, VOANS operates across multiple healthcare and housing settings nationwide. Our teams are united by a shared purpose, to strengthen communities and make a meaningful difference in the lives of those we serve every day

      About the Company

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      Volunteers of America National Services