Job Title: Part-Time Bookkeeper / Property Accountant

Industry: Affordable Housing Real Estate Development

Location: Brooklyn, NY 11234

Schedule: Onsite, Monday-Wednesday, 9 AM-5 PM (24 hours/week)

Compensation:

• Pay Rate: $45/hour

  Duration: Ongoing temporary role with potential for full-time conversion after 2 months, depending on budget

Position Overview

An Affordable Housing Real Estate Development firm in Brooklyn is seeking a detail-oriented Part-Time Bookkeeper/Property Accountant to oversee the financial activity and reporting of Low-Income Housing Tax Credit (LIHTC) projects. This position plays a critical role in tracking fund flows, managing compliance reporting, and supporting cost certifications for complex affordable housing developments in the pre- and post-construction phases.

This is a hands-on accounting role ideal for a professional with experience in affordable housing development, construction accounting, and property-level finance, especially within LIHTC-funded projects.

Key Responsibilities

Daily Accounting Oversight

• Enter invoices and monitor expenditures during the construction phase
• Maintain accurate, real-time records of funding sources and uses
• Perform daily transaction tracking in QuickBooks Desktop

Compliance & Cost Certification

• Prepare and support cost certifications, including the 95/5 test
• Ensure proper documentation, audit readiness, and reconciliation
• Assist with investor reporting to ensure compliance with IRS and LIHTC regulations

Cross-functional Coordination

• Liaise with external auditors for technical reporting guidance
• Collaborate with developers, legal teams, and construction managers
• Coordinate across departments to ensure alignment with financial tracking and reporting needs

Project Accounting Support

• Support 3 current LIHTC development projects in construction
• Reconcile and backtrack historical activity on two completed developments
• Assist with project closeout and final reporting packages

Training & Planning

• Participate in training during slower periods
• Prepare for peak season activity between August and October (closings/extensions)

Top 3 Must-Haves

1. Strong Accounting & Finance background
2. Hands-on experience with Affordable Housing / LIHTC projects
3. Working knowledge of Construction Accounting principles

Technical Skills

• Proficiency in QuickBooks Desktop
• Intermediate proficiency in Excel (pivot tables, lookups, reconciliations)
• Experience tracking pre-development costs across multiple entities/projects

   

Ascendo is a certified minority owned staffing firm, and we welcome and celebrate diversity. Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, parental status, military service or any other characteristic protected by federal, state or local law.

Contact information

David Hwang