Housing Controller

The Financial Controller for Housing will plan, direct, and implement all accounting operations and finance management functions of the affordable housing portfolio.

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Duties include:

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• Direct the accounting operations of the affordable housing portfolio including tenant billing, A/P, A/R, and bank reconciliations.

• Review, analyze, and manage general ledger accounts for multiple affordable residential properties.

• Oversee monthly, quarterly, and annual close of accounting and financial records.

• Manage all accrual and cash basis accounting functions for the portfolio of properties.

• Analyze & reconcile Gross Potential Rent.

• Review invoices to ensure correct account coding and expense allocations.

• Maintain fixed asset and depreciation schedules.

• Produce the annual budget and provide forecasts for portfolio properties on cash and accrual bases; report significant budget differences to management.

• Work closely with the CFO to ensure that expenses are on target with projections and that the organization operates within budget parameters.

• Oversee the production of periodic financial reports; ensure that the reported results comply with generally accepted accounting principles.

• Review financial details from past, present, and forecasted operations; identify development opportunities and improvements that can be made.

• Supervise Fiscal-Housing accounting staff including oversight of work product, organization structure, and the distribution of work.

• Maintain a documented system of accounting policies and procedures; implement a system of controls over accounting transactions to minimize risk.

• Work with external auditors and provide needed information for annual audits of housing entities.

Skills

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• Excellent management and supervisory skills

• Excellent written and verbal communication, analytic, and presentation skills

• Excellent organizational and time management skills

• Proficient in accounting and tax preparation software as well as Microsoft Office Suite

• Ability to analyze financial data and prepare financial reports, statements, and projections

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Core Competencies & Education

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• Bachelor's Degree in Accounting or Finance & CPA

• 8+ Years of accounting experience within the real estate industry; residential/affordable experience (strongly preferred)

• Knowledge of and experience with city, state and federal affordable housing subsidy programs including relevant accounting and reporting requirements

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Compensation:$130,000 - $150,000 per year

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Benefits:

• Major medical insurance

• Commuter benefits

• 403(b) with employer contribution

• Generous vacation time

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The Fair market Assumption for this role's total compensation is between $130,000 and $150,000 annually

The above salary range represents Cobalt's good faith and reasonable estimate of the possible base compensation range at the time of posting and is one part of the total rewards package this client provides to employees.

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