Senior Accountant, Lending

ORGANIZATIONAL BACKGROUND

National Housing Trust (NHT) 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.

NHT has a staff of 60+ across five program areas : Policy, Lending, Real Estate Development, Community Outreach and Impact, and Energy Solutions. Our hallmark is our cross-functional, integrated approach to innovating, demonstrating, and amplifying solutions to the affordable housing crisis in the U.S.

POSITION

The Senior Accountant, Lending reports to the Assistant Controller, Corporate Accounting and Treasury and is responsible for supporting the Finance department in maintaining the day-to-day accounting operations for NHT Lending entities and subsidiaries which include, but not limited to, lending transaction processing, accurate and timely recording of financial transactions, month end close tasks and other tasks as assigned. The position will work closely with real estate-focused members of the Finance team to ensure accurate and appropriate accounting treatment of loans that directly support NHT's real estate portfolio. While this position supports the Lending department, this position is a member of the Finance department. The position communicates with vendors, contractors, customers, NHT staff, and senior NHT officers.

This position is DC-based and qualifies for a hybrid work schedule, working a minimum of two days per week (Tuesdays and Thursdays) at NHT's corporate office.

RESPONSIBILITIES

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 loan related transactions are properly supported in accordance with accounting standards and internal documentation standards.
• Ensure that all transactions recorded in the loan servicing system are accurately recorded in the general ledger, including recording funding / payoff transactions, interest capitalizations, interest accrual, 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 convenant tracking and financial reporting requirements.
• Work with Lending department staff to obtain reports from loan system to support various lending transactions as needed; create invoices and track expenses related loan closings; work with lending staff and loan system-related vendors on system implementation and troubleshooting issues.
• Support project management in the accounting system for tracking transactions by projects; Create new projects for grant and loans; make grant and loan projects inactive following completion and loan closing / payoffs; advise lending staff how to code FTE hours to meet the budged 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%)

FINANCE AND ACCOUNTING OPERATIONS (10%)

DOES THIS SOUND LIKE YOU?

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 :

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.

For further details on the benefits available, please refer to NHT's Summary of Benefits for 2025.