Posting Date:  03/01/2023
Job Title:  Property Accounting Manager
Salary:  $83,000.00 – $103,750.00 Annually
Entity:  Tacoma Housing Authority
Closing Date:  Position is open until filled. First consideration is given to applications received by March 9, 2023.



Tacoma Housing Authority (THA) provides high quality, stable and sustainable housing, and supportive services to people in need. It does this in ways that help them prosper and help our communities become safe, vibrant, prosperous, attractive, and just.

THA’s Values

We value the diversity of our staff. It makes us stronger and more effective. Service, Integrity, Stewardship, Communication, Collegial Support and Respect, Excellence and Leadership are all values of THA.


The Property Accounting Manager supports Tacoma Housing Authority’s (THA’s) strategic and operational objectives in the following way: coordinates and provides high quality financial, administrative and technical services for its tax credit projects and any other special development projects assigned. The position coordinates and performs budgetary and financial accounting functions in support of the tax credit projects and other special development projects. This includes organizing, developing, directing, and integrating all associated financial matters in accordance with policies and procedures established by the Department of Housing and Urban Development (HUD), the Internal Revenue Service (IRS), and other federal, state, and local laws, rules and regulations pertaining to Housing Authority accounting operations. In addition, this position ensures financial information is recorded and presented in accordance with Generally Accepted Accounting Principles (GAAP), Housing Authority operating policies and procedures, and agreements with lenders, investors, and regulatory partners.

Primary Duties


Managers and Supervisors share responsibilities for implementing agency-wide objectives and directives through programs and practices which reflect the Vision Statement and the THA in-house cultural objectives. Managers are responsible for supporting a “one agency” perspective while acting as advocates for their work units. Managers support the Executive Team as they:

Implement organization-wide goals and cross departmental projects and objectives.
Offer input and feedback to long range, strategic and budget planning processes.
Maintain both a department and an organization-wide perspective when considering information, issues, and challenges.
Model the Agency’s service orientation with all public, elected or funding agency representatives.
Conduct business through cross department participation and review, two-way communication, and accountability.

Coordinate the financial activities of the tax credit properties, including overseeing and approving the expenditure of property funds.
Oversee, coordinate, and execute all accounting and recording of transactions for the tax credit properties. This includes preparing, reviewing, and approving documents necessary to ensure timely and accurate maintenance of the general ledger, cash receipts, accounts payables, receivables, and cash disbursements.
Coordinate activities with federal, state, and local auditors as well as independent public accountants and investor representatives to ensure they have timely access to financial records and accurate responses to requests for financial information.
Prepare and submit property replacement reserve draws.
Review and analyze partnership, management, and other agreements related to the tax credit properties to ensure fees and other financial transactions recorded are timely, accurate, and allowable.
Monitor and incorporate as necessary updated Public and Indian Housing (PIH) notices, changes to code of federal regulations (CFR) and other regulatory requirements. This includes maintaining a working knowledge of local, state, federal and HUD regulations specific to financial management practices and professional responsibilities.
Prepare and analyze budget and financial reports to assist property management staff, finance management, investor representatives, and other interested parties.
Ensure the timely payment of all debt payments.
Prepare and maintain capital asset depreciation schedules, debt amortization schedules, management fee schedules, and any other supporting schedules needed for monthly and annual financial reporting.
Identify and perform required accruals during the year and at year-end close for the tax credit properties in accordance with GAAP.
Assist the auditors with the preparation of annual partnership tax returns.
Prepare and submit the annual WBARS reporting for all LIHTC partnerships.
Review third party property management financial reports and import the monthly data into THA’s reporting software.

Coordinate monthly processing of cash receipts and rent roll reporting with designated staff members.
Oversee reconciliation of deposits and transfers to project general ledger postings.
Reconcile property tenant ledgers to general ledger summary accounts.
Monitor monthly occupancy/vacancy reports and reconcile to revenues.
Oversee tenant refund processing.

Assist with review of all documents submitted by contractors and assure compliance with all federal, state, and local laws and regulations relevant to financial activities.
Prepare and submit all City and State business filings.
Assist in preparation of lender, HUD and investor required reporting and surveys.

Supervise and guide staff using management practices that develop and retain highly competent and highly performing employees.
Direct, coordinate and review the work plans for assigned staff; assign work activities and projects; monitor workflow; review and evaluate work performance; methods and procedures and meet with staff to identify and resolve problems.
Comply with agency performance evaluation policy and conduct evaluations regularly and on time.
Build and maintain effective relations with a workforce that includes both union and non-union staff.
Present a professional image as a representative of THA.
Maintain a high degree of confidentiality relative to work performed.

Perform all responsibilities in service to THA’s social justice and business mission to assist low-income households and other customers, and to do so in ways that aspire to programmatic and administrative excellence.
Fulfill all duties and responsibilities with a high level of integrity, honesty and adherence to agency policies and rules.
Establish and maintain effective professional working relationships with co-workers, management, partner agencies and the community.
Present a professional image as a representative of THA.
Maintain a high degree of confidentiality relative to work performed.

THA’s staff, its clients, and the staff of community partners are diverse in many ways, including diversity by race, national origin, language, sexual orientation, gender identity, gender expression, age, and disability. THA is committed to cultivating a culture of belonging. We value diverse life experiences and heritage to ensure that all voices are heard. We strive to respect and protect the dignity of all employees and members of our community. All THA employees must engage diverse people in constructive and effective ways as a supervisor, colleague, business partner, and/or service provider.


Serve as a member of committees, as directed.
Remain current with trends, industry knowledge, and continuing education related to the position.
Perform related duties or responsibilities as assigned.



Bachelor’s degree from an accredited college or university required, preferably in accounting, liberal arts, or equivalent experience.
Five+ years’ experience in progressively responsible accounting or finance position(s).
Three to five years’ experience in property accounting. Direct experience with Low Income Housing Tax Credit (LIHTC) partnerships is preferred.
Or: In place of the above requirements, the incumbent may possess a combination of relevant education and experience that would demonstrate the individual’s knowledge, skill, and ability to perform the essential duties and responsibilities listed above.


Depending upon assignment a WA driver’s license with acceptable driving record and auto insurance may be required.
Licensed Certified Public Accountant (CPA) preferred.

Contact Information

To view the complete complete posting and to apply online, visit


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