Director of Finance
Listed on 2025-12-10
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Finance & Banking
Financial Manager, Financial Compliance, CFO, VP/Director of Finance -
Management
Financial Manager, CFO
Director of Finance – Affordable Housing Operations
Location:
New Albany, OH – in‑office role. Successful applicants will reside in Central Ohio.
Join Wallick Communities, a 100% employee‑owned company with over 55 years of experience in providing affordable housing and assisted living for families and seniors across the Midwest. With 1,000+ associates and a mission to open doors to homes, opportunity, and hope, we foster a supportive and collaborative work environment where every employee‑owner plays a vital role.
Make a Difference—And Own Your Future.
What You’ll DoThe Director of Finance for Affordable Housing Operations will lead a high‑performing finance team and oversee full‑cycle accounting, audit coordination, regulatory reporting, and strategic financial planning for our LIHTC and HUD‑regulated portfolio. They will collaborate with Operating, Asset Management, and Development teams to ensure financial accuracy, compliance, and performance across all properties. Responsibilities include directing all affordable housing audits and tax filings, reviewing property and upper‑tier financial statements, managing cash strategies, overseeing Yardi reporting, and ensuring the integrity of all financial analytics.
The Director will also serve as the organization’s subject matter expert on tax credit compliance, layered financing, HUD regulations, and GAAP requirements while fostering a strong, collaborative, and solutions‑oriented team culture.
Responsibilities- Lead and develop the Affordable Housing Finance team, including oversight of all team members, audits, HUD responses, and operational interactions.
- Collaborate closely with Operating, Asset Management, and Development teams to support business performance and strategic initiatives.
- Oversee full‑cycle accounting for Affordable Housing Operations, including Senior and Staff Accounting, Accounts Payable, Accounts Receivable, and Cash Management.
- Define goals, drive process improvements, and strengthen systems to position the finance function and the organization for long‑term success.
- Serve as the subject matter expert for LIHTC, HUD compliance, audit processes, and tax matters related to affordable multifamily housing.
- Lead the consolidation of financials for all affordable housing properties.
- Review and approve all property‑level and upper‑tier financial statements.
- Analyze financial reports prepared for investors, HUD, state agencies, and other regulatory bodies.
- Direct the coordination of annual audits and tax filings for all properties.
- Review, approve, and distribute audits and surplus cash calculations.
- Analyze property cash positions and develop forward‑looking cash management strategies.
- Lead bank reconciliations for major property‑level accounts.
- Prepare the team for interim and year‑end audits, including setting expectations, timelines, and quality standards.
- Review balance sheets and supporting documentation for all properties.
- Coordinate required reporting for government entities such as HUD, USDA, and MBI.
- Review financial reconciliations and perform analytics to ensure accuracy and compliance.
- Train staff on GAAP, acquisitions and disposals, refinancing activities, unusual or layered financing, and other technical topics.
- Oversee recurring payments including utilities, mortgages, management fees, and corporate reimbursements.
- Generate and validate management fees and ensure accurate billing to all properties.
- Create and customize Yardi reports to support internal and external reporting needs.
- Promote a high‑performing, solutions‑oriented team culture.
- Continuously evaluate opportunities to enhance processes, streamline workflows, and improve accuracy.
- Set clear goals for both individual team members and the broader finance team.
- Lead cross‑functional projects and collaborate with other areas to drive organizational value.
- Perform additional duties as required in support of the Affordable Housing Operations portfolio.
- Bachelor’s degree in Accounting required;
Master’s degree or CPA preferred. - Minimum of 5+ years of combined public accounting and private‑sector experience, ideally within affordable multifamily housing.
- Proven leadership…
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