Construction Loan Accountant

Overview

Join Virginia Housing and help make a difference as a Construction Loan Accountant in our Rental Housing Division. This important role will be responsible for closing construction and permanent loans in coordination with the lending staff and legal department. The Construction Loan Accountant will process monthly construction draws and coordinate title endorsements and wire transfers.

Virginia Housing is one of the nation’s leading housing finance agencies. Our mission is to help Virginians attain quality, affordable housing, which we accomplish through our lending and grant programs.

We are focused on employee engagement and committed to a healthy and diverse workforce. We offer on-site conveniences such as a fitness center and free parking. Educational opportunities to help your advancement are available through classroom and online programs.

• Processing loan closings and managing the funding of loans from construction closing to permanent conversion
• Receiving and processing loan fees and refunds
• Maintaining various loan security instruments and tracking renewals or extensions
• Reviewing and processing monthly construction draw disbursements and loan closing disbursements for accuracy
• Coordinating draw funding with internal staff and title agents
• Communicating with borrower, title company, and other parties to review Virginia Housing policies and requirements
• Maintaining and tracking letters of credit and incoming wires, depositing checks and wiring funds

• Associate’s degree in Accounting or similar field or relevant work experience
• Several years’ experience in accounting functions in the construction industry and/or managing project budgets
• Strong communication, time management, and analytical skills including attention to detail
• The ability to work independently without significant supervision and process multiple projects simultaneously and prioritize as needed to meet mission critical deadlines

This position will be located at our Glen Allen, Virginia location. We have a hybrid work model (3 days in office, 2 days remote). Hiring range: $62,000 - $83,500. Background and credit checks will be performed as a condition of employment. A Conflict-of-Interest Act Disclosure form and Secondary Employment Disclosure form will need to be completed as a condition of employment.

Virginia Housing requires associates to live and work within the Commonwealth of Virginia.

-EOE- V3 Certified Military friendly employer