Finance Manager

Salary Range: $65,600.00 To $70,000.00 Annually

The Finance Manager is responsible for the implementation of funding executions for Housing New Mexico’s Single Family Program utilizing various financing mechanisms. This includes management of program performance, compliance with regulatory requirements, and all auxiliary duties as required.

Additionally, this position oversees bond issuances for Housing New Mexico multifamily rental projects, develops partnerships and interacts with the Housing New Mexico Financing Team, and supports other finance functions as required.

The intent of this job description is to provide a representative summary of the major duties and responsibilities performed by incumbents of this job. Employees may be requested to perform job-related tasks other than those specifically presented in this description.

• Manage the activities of the Finance Department and ensure efficient daily operation, which includes planning, coordinating, administering, and evaluating programs, projects, processes procedures, software systems, best practices, and standards.
• Manage the bond issuance process for both Single Family and Multifamily programs, including evaluation of refunding of existing bond issues, analysis of profitability and distribution, and review of all bond issuance documents as appropriate.
• Assist in managing To Be Announced (TBA) program profitability, set mortgage rates daily, and participate in weekly rate-setting activities.
• Support Chief Financial Officer in responding to rating agency and investor inquiries as needed.
• Create and distribute various reports, data analyses, and presentations to the Board and stakeholders.
• Coordinate and oversee the performance of finance-related professional service providers, including the development of requests for proposals, award recommendations, and contracts.
• Assist in managing Single Family Program assets and liabilities in accordance with Housing New Mexico strategy and policies.
• Model and analyze financial forecasts.
• Monitor compliance with bond resolutions and indentures, including excess revenue calculations and redemption functions.
• Manage the Housing New Mexico investment portfolio in accordance with Housing New Mexico strategy and policies and prepare quarterly investment portfolio reporting packet.
• Assist in special projects involving financial analysis and reporting.
• Perform other related duties of a similar nature and level as assigned.
• Employees are required to comply with safety regulations, procedures, and protocols.

Four-year degree required in finance, accounting, economics, or related field; advanced degree preferred. Four years of experience required in the field. A Master’s degree will substitute for two years of four years’ experience required. Experience with housing bonds finance, including tax-exempt bond transactions, investment portfolio management, and daily interest rate setting in the mortgage or banking industry preferred.

Experience cannot substitute for a degree for exempt positions.

• None

• Decision-making, management, and leadership skills
• Ability to manage complex projects
• Critical thinking, analytical and problem-solving skills
• Background in the use of computer software, including specialized software applicable to the position
• Knowledge of industry best practices
• Ability to adapt to changes in work situations and priorities
• Exercise good judgment
• Collect, organize and interpret data
• Read, analyze and interpret standards, policies, procedures, and regulations
• Develop and write reports, policies, procedures, correspondence, and presentations
• Ability to present complex ideas to a variety of stakeholders
• Establish and maintain constructive and cooperative interpersonal relationships with employees, peers, supervisors, and managers in the work unit, other Housing New Mexico departments, and with outside partners and services providers
• Ability to analyze the dynamics of complicated financial structures, including housing bonds
• Ability to read and interpret complex legal…