Project Manager - Finance

Possession of a Bachelor's degree from an accredited college or university in Accounting, Finance, or related field.

Six (6) or more years of related experience and/or training; or any equivalent combination of education, experience, and/or training in the affordable housing industry, specifically LIHTC projects involving 8609 Tax Credit Cost Certification filings and HUD audits.

CPA preferred

The following are examples only and are not intended to be all inclusive
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Calculator, computer, computer software (e.g., Microsoft Office, Sharepoint, Yardi, Adobe, and other applicable computer software), mobile phone, fax machine, copier, scanner, telephone, postage machine, and other standard modern business office equipment.

Employee has exposure to chemical compounds found in an office environment (e.g., toner, correction fluid, etc.); this is considered sedentary work and the employee must demonstrate the ability to perform the physical demands required of the position in accordance with the U.S. Department of Labor’s physical demands strength ratings.

In cases of emergency, unpredictable situations, and/or department needs, may be required to lift, push, pull, and/or carry objects heavier than D.O.L. strength ratings recommend.

For purposes of 42 USC 12101:

50% (1) Plan, organize and manage medium to large projects (including LIHTC) requirements that are applicable to the Finance Department. Review project’s Permanent File such as Operating Agreement, Management Agreement, Loan Agreement, and project’s Pro Forma. Organize and manage project’s requirements which includes document submission for loan draws, capital disbursement requirements and surplus cash calculation. Manage the construction accounting and reporting functions and facilitate the transition to production accounting.

Work with Development Team and Design and Construction Team through all phases of a project from initial concept to placed in service date. Gather and organize required documents for the initial HUD audit and 8609 Tax Credit Cost Certification filings for new LIHTC construction. Responsible for assimilating new properties into the CMHA’s portfolio through new construction and acquisitions. Implement accounting procedures and systems for new projects to ensure proper controls and reporting are in place.

15% (2) Manages and supervises all assigned employees (e.g., assigns tasks; recommends the hiring of job applicants; recommends discipline; receives grievances or employee complaints; attends or participates in meetings in which policy questions are reviewed or discussed; develops and implements policy; recommends policy changes; has access to financial data used in monitoring department revenue/income, etc.); reviews work for accuracy and conformance to accounting standards.

20% (3) Prepares monthly financial statements, and other financial analysis for approval by the Controller; ensures correct information on monthly Board report prior to submittal to the Controller; prepares monthly reports for internal meetings that pertain to budget, expense review, and annual performance of properties; reviews and analyzes financial information provided by Third Party Management Accountants for accuracy and completeness, to include providing feedback and correcting entries;

prepares and examines accounting records, including financial statements and other financial reports to assess accuracy, completeness, and conformance to standards defined within the department; oversees, reviews, and reports General Ledger activity ensuring accurate coding by reviewing supporting schedules that detail administrative and maintenance expenses; reviews, approves, and prepares assigned account reconciliations and journal entries; works closely with other sections to ensure that input into General Ledger is fulfilling the Authority’s needs;

maintains accounting controls by following policies and procedures and ensuring compliance with federal, state, and local financial legal…