Financial Analyst, Affordable Housing

Description

• Compiles and analyzes historical financial data to assist in long-range planning.
• Prepare and analyze property operating reports and financial models, including pro-forma statements, projections, and cost analysis reports.
• Build and maintain relationships with public and private funding providers, grantors, HUD, and other external parties.
• Perform complex financial analysis and reconciliations of various financial statement balances and prepare related schedules and reports.
• Analyze, administer, and advise VHA staff on complex legal documents, including contracts for financial obligations, real estate transactions, partnership agreements, loan and grant documents, regulatory agreements, and consulting services agreements.
• Assists the Real Estate Department in structuring and administering complex financial transactions involving affordable housing development financing activities.
• Oversee implementation of new funding programs in compliance with external requirements and internal procedures.
• Oversee various grant audits, reviews, and other periodic grant closeout processes.
• Conducts research and prepares various documents, policies, and procedures as needed.
• Provides technical advice to assist in ensuring compliance with funding programs, policies, rules, and regulations, including low-income housing tax credits (LIHTC), tax-exempt bonds, and federal (HUD), state, and local governmental loans and grants.
• Participate in VHA annual audit and budgeting functions by preparing and analyzing various schedules and reports.
• Prepare and analyze grant funding and projections reports, including HUD Voucher Programs Projections Report.
• Collaborate with external auditors to prepare cost certifications and coordinate other project closeout tasks with lenders, investors, Washington State Housing Finance Commission, and other funders.
• Maintain financial tracking of developments under construction and monitor for compliance with budgets.
• Prepare, review, analyze, and record complex accounting transactions.

Requirements

• CPA or CMA certification or other industry-specific certifications preferred.
• Housing authority or LIHTC financial experience preferred.
• A bachelor’s degree in accounting or related subjects, plus at least 4 years of professional accounting experience, is required.
• Experience in the public sector, real estate, and/or property management environment required.

Benefits

• The benefits package also includes 12 company-paid holidays, generous paid time off accrual, Employee Assistant Program, 5.58% paid into WA PERS by the employer, and tuition reimbursement.
• Meaningful work that addresses affordable housing and homelessness in our community.
• Full-time, exempt position.
• 100% employer-paid medical, dental, vision, life insurance, and long-term disability insurance for the employee's coverage.
• A new employee in this position will be paid $85,020 - $93,522 per year based on experience. In compliance with the Equal Pay & Opportunities Act, the full salary range for this position is $85,020 - $127,530 per year.

Training + Development

Interview process

Visa Sponsorship

Security clearance