Permanent Housing Finance Director

HELP USA - Manhattan, NY (30+ days ago)3.3


About HELP USA

HELP USA is one of the nation’s largest homeless services providers and low-income housing developers serving at-risk populations including families, veterans, and survivors of domestic violence. With an annual operating budget in excess of $100 million, HELP USA currently serves 25,000 people annually in 54 programs and residences across five states and is continuing to grow. HELP provides 3,500 units of permanent and transitional housing as part of its 30-year commitment to families and individuals in need of safe, stable homes.

Position Overview

As Housing Finance Director, you’ll be responsible for the financial operations of all HELP USA permanent housing entities. You’ll oversee the budget, accounting, and financial reporting activities for both HELP Development Corporation and HELP Property Management Company.

You’ll supervise Business Managers and the Property Accountant for HELP Property Management Company as well as liaise with the Property Management and Real Estate Development staff and the Chief Financial Officer and Controller for HELP USA.

Your responsibilities will include:
Real Estate Development

Supervise coordination of project capital accounts during construction.

Oversee tracking of budgeted vs. actual expenses during construction.

Oversee preparation of financial reports required by lenders, investors, and stakeholders during construction.

Coordinate with third-party auditing firm to ensure draft and final cost certifications are completed in a timely manner and in accordance with funder requirements.

Property Management

In coordination with the C-Suite, create a master Permanent Housing Financial Report that will be updated monthly for use by senior staff, Board, and external stakeholders,

Monitor, report, and ensure timely: (1) processing and payments to and from capital accounts (2) preparation of monthly operations and property management reports, including budget comparisons and (3) preparation of monthly affordable housing summary reports on operations.

Coordinate, monitor, and report on Low Income Housing Tax Credit (LIHTC) financial transactions, comparing actual financial information with original pro forma projections.

Coordinate and review with property management senior staff the development of annual budgets for the affordable housing portfolio, cross referencing yearly real estate taxes and general liability insurances escrows and other expenses to ensure they are accurately projected.

Work in collaboration with HELP accounting staff to ensure timely completion and approval of annual audits, tax returns, compilations, etc.

Review and assess internal controls of the housing related entities.

Support the activities and efforts of the VP of Property Management and Compliance Director.

Review and develop an understanding of financial consultant products, for example, loans and tax assessments.

Requirements

Bachelor’s Degree required; Master’s Degree in related field highly preferred.

CPA (or working towards CPA) preferred.

Minimum of 8 years’ relevant financial management experience.

Ability to communicate with multiple and diverse stakeholders.

Strong written communication skills.

Significant experience in managing finances of affordable housing projects.

Keen ability to recognize inefficiencies and suggest, create, and implement new processes as required.

Ability to draw important observations from financial reports to identify opportunities and inconsistencies.

Excellent analytical, time management, and organizational skills.

Computer literacy, particularly with Microsoft Office applications.

EOE. A Drug Free Workplace.