Senior Accountant

Join our team as a Senior Accountant and be a financial force behind affordable housing solutions. Use your accounting and financial expertise to make a real impact on individual lives and communities in Massachusetts.

About Us:

The Massachusetts Housing Partnership (MHP), a non-profit public agency, works with communities to create innovative policy and financing solutions that provide affordable homes and better lives for the people of Massachusetts. Our mission is to pioneer new development and financing models that make more effective use of public resources, be responsive to local needs, promote racial equity, and achieve greater impact than conventional approaches to affordable housing. MHP focuses on the following areas: Community Assistance, Rental Development and Portfolio Management, Homeownership and Data & Policy.

MHP is committed to fostering diversity, equity, inclusion and belonging (DEIB) in our workplace. We are seeking a Senior Accountant whose values align with our dedication to DEIB and is invested in contributing to and upholding these essential values.

Current Opportunity:

As the Senior Accountant your primary objective will be to support and promote excellence in financial operations. Focus will be on ensuring accuracy, compliance, and efficiency in the management of grants and programs as well as general accounting operations. Your contributions will play a vital role in supporting the integrity of financial processes, fostering collaboration, and driving continuous improvement initiatives which promote the organization’s mission and long-term success.

Essential Functions and Responsibilities:

Grant and Program Accounting

• Responsible for all grant and program billings and revenue and maintain AR.
• Prepare monthly and annual grant/program financial statements/reports, for reasonableness and accuracy, make corrections as needed.
• Communicate and collaborate with finance team members for executed contracts and new budgets.
• Ensure accurate and timely reporting of grant and contract budgets and expenditure reports.

General Accounting

• Handle AP, verifying payment documentation, referencing outstanding bills, updating debt balance, and conducting disbursement for grants/ programs.
• Process the bi-weekly payroll and record in Intacct.
• Monthly bank and general ledger account reconciliations including loans and notes payable, identifying and thoroughly investigating any discrepancies and taking the proper actions to resolve them.
• Cash borrower receipts processing.
• Perform complex accounting tasks, including journal entries, reconciliations, and verifying MHP financial transactions.
• Responsible for managing financial functions including bookkeeping, accounts payable and receivable.
• Prepare invoices and maintain accounting records and files.

Audit and more

• Assist with annual audit and preparation of financial statements under GAAP for not-for-profit organizations.
• Quarterly property tax processing.
• Assist with continuous improvement of processes.
• Other tasks or duties to meet the mission of MHP

Compensation:

The compensation range for this role is $85,000 to $95,000. Any final offer will be based on various factors including job-related knowledge, skills, competencies, and experience. The listed range is just one component of MHP's total compensation package for employees.

Benefits our employees value:

MHP understands that benefits are an important consideration when looking for a new role. We are proud to offer our employees a comprehensive benefits package including:

• Hybrid and flexible work schedule
• Health insurance through the state’s Group Insurance Commission
• 403b retirement plans with match up to 10% and immediate vesting
• Annual 5-week paid time off (PTO) benefit
• Fully paid group term life, short-term and long-term disability insurance
• Dental insurance through MetLife with 90% of premium covered by MHP
• Vision insurance through VSP with 50% of premium covered by MHP
• Medical and dependent care Flexible Spending Accounts
• Public transportation reimbursement
• Tuition reimbursement and professional development assistance
• First time homebuyer assistance
• Generous home office benefit
• Membership discount for onsite gym

Hybrid Schedule Policy:

The Staff Accountant role is designated as Hybrid which includes both in-office and remote workdays. Positions designated as Hybrid are required to work out of the Boston office two days per week during the first 90 days of employment and may have the opportunity to reduce regular in-office days thereafter upon management approval. This position requires use of MHP’s hybrid workplace scheduling software to reserve office desk space each week. At least one office day must be on Wednesday, the designated team day. The position will utilize an MHP laptop which must be transported to and from the MHP office. MHP’s office is conveniently located minutes from South Station

Travel:

Travel is not required for this role.

MHP is committed to creating a diverse and inclusive workplace and is proud to be an equal opportunity, affirmative action employer. All decisions are based on business needs, job requirements and individual qualifications without regard to race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, past or present military service, status as an individual with a disability, or any other legally protected characteristics. MHP is committed to compliance with all fair employment practices regarding citizenship and immigration status. Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.

Knowledge, Experience and Skills:

• B.A. degree in accounting or finance.
• 5+ years in accounting with a significant focus on grants management.
• Strong knowledge of generally accepted accounting principles (GAAP) and grant accounting regulations.
• Demonstrated experience with financial reporting.
• Experience with fund accounting systems, preferably Sage Intacct
• Strong problem-solving skills and the ability to work independently as well as part of a team.
• Ability to work well with diverse personalities and under tight deadlines
• Excellent analytical skills with the ability to interpret complex financial data and make recommendations.
• Proven experience in managing multiple priorities
• Excellent organizational and time management skills