Director of Finance

Description

• Coordinate required reporting for government entities such as HUD, USDA, and MBI.
• Review balance sheets and supporting documentation for all properties.
• Continuously evaluate opportunities to enhance processes, streamline workflows, and improve accuracy.
• Prepare the team for interim and year-end audits, including setting expectations, timelines, and quality standards.
• Lead the consolidation of financials for all affordable housing properties.
• Direct the coordination of annual audits and tax filings for all properties.
• Lead bank reconciliations for major property-level accounts.
• Analyze property cash positions and develop forward-looking cash management strategies.
• Review financial reconciliations and perform analytics to ensure accuracy and compliance.
• Review, approve, and distribute audits and surplus cash calculations.
• Create and customize Yardi reports to support internal and external reporting needs.
• Train staff on GAAP, acquisitions and dispositions, refinancing activities, unusual or layered financing, and other technical topics.
• Serve as the subject matter expert for LIHTC, HUD compliance, audit processes, and tax matters related to affordable multifamily housing.
• Oversee full-cycle accounting for Affordable Housing Operations, including Senior and Staff Accounting, Accounts Payable, Accounts Receivable, and Cash Management.
• Lead cross-functional projects and collaborate with other areas to drive organizational value.
• Collaborate closely with Operating, Asset Management, and Development teams to support business performance and strategic initiatives.
• Generate and validate management fees and ensure accurate billing to all properties.
• Define goals, drive process improvements, and strengthen systems to position the finance function and the organization for long-term success.
• Lead and develop the Affordable Housing Finance team, including oversight of all team members, audits, HUD responses, and operational interactions.
• Promote a high-performing, solutions-oriented team culture.
• Oversee recurring payments including utilities, mortgages, management fees, and corporate reimbursements.
• Set clear goals for both individual team members and the broader finance team.
• Creating Homes for People Who Need It Most: Providing new beginnings for residents seeking affordable, safe and high-quality housing where they can thrive.
• Perform additional duties as required in support of the Affordable Housing Operations portfolio.
• Analyze financial reports prepared for investors, HUD, state agencies, and other regulatory bodies.
• Review and approve all property-level and upper-tier financial statements.

Requirements

• Strong communication skills with the ability to collaborate effectively with senior leadership, external partners, lenders, and investors
• Experience coordinating financial audits and working directly with auditors in complex audit environments.
• Knowledge of partnership and LLC structures, equity ownership models, fund accounting, and financial modeling.
• Bachelor’s degree in Accounting required; Master’s degree or CPA preferred.
• Employment is contingent upon passing a pre-employment background check and drug screen
• Ability to assess and respond to inquiries from HUD, state agencies, subsidy administrators, investors, and syndicators.
• Understanding of debt structures and the financial modeling of tax credit projects and associated documentation.
• Knowledge of HUD, Tax Credit/LIHTC programs, and affordable housing regulations; public housing experience is a plus.
• Proven leadership experience managing multi-disciplinary or multi-team finance groups.
• Ability to interpret and analyze financial reports and complex accounting data.
• Minimum of 5+ years of combined public accounting and private-sector experience, ideally within affordable multifamily housing.
• Advanced proficiency with Yardi and strong skills in Microsoft Office Suite (Excel, PowerPoint, Word).
• Strong understanding of GAAP accounting and budgeting.

Benefits

• Learning & Support: A supportive team that cares about your continued development, well-being and professional growth.
• Work-Life Balance: Paid time off, including paid parental leave.
• Resident Stories That Stay with You: From Henry, who moved into his first-ever home, to Jaci, whose stay at a Wallick community allowed her to achieve homeownership and graduate college, kickstarting her dream career.
• Career Growth: Tuition reimbursement, training, professional development, and advancement opportunities within a company that invests in its people.
• Pay-on-Demand: access your money as you earn it.
• Employee Owned, Resident Focused: As a 100% employee-owned company, your daily work (supporting our residents) also contributes to your financial future by sharing in our profitability.
• Exceptional Benefit Package: Health, dental, vision insurance effective within 2 weeks of starting your new job, paid time off, gym membership reimbursement, paid parental leave, 401K, and more!

Training + Development

Interview process

Visa Sponsorship

Security clearance