| Job description |
| Job description: |
The Director of Finance reports to the Deputy Executive Director and is the main financial officer and controller for Affordable Housing Associates. The Director of Finance manages the accounting operations of the organization including budgeting, auditing, payroll, accounts payable and receivables, general ledger and financial reporting in accordance with generally accepted accounting principles and internal policies and procedures.
Essential Duties And Responsibilities:
- Provides overall leadership to the Accounting Department, including hiring, training, and ongoing supervision of accounting manager, staff accountant, bookkeepers;
- Oversees production of income statements and balance sheets for AHA on a monthly and annual basis and for AHA properties under management on a quarterly and annual basis;
- Oversees production of financial statements for AHA projects in development, including interacting with auditors on regular production of audited financials, interim and final cost certifications, and ensures accurate record keeping for LP books;
- Manages AHA cash, investment, and reserve accounts;
- Ensures accurate and “real-time” inter-department accounting and loans between related entities;
- Keeps organization up-to-date on recent developments in accounting standards for the nonprofit affordable housing industry;
- Advises the Executive Director and Directors of Housing Development and Property Management to ensure positive budget performance;
- Plans for AHA’s long-term financial stability and health, assisting with the preparation of multiyear operational budgets;
- Ensures timely tax reporting for AHA and affiliated organizations
- Manage cash flow and monitors income and expenses throughout the year to maintain overall organizational health
- Oversees the management of the general ledger, accounts receivable, accounts payable, and payroll.
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| Req. candidate profile : |
Education and/or Experience:
- The Director of Finance position requires at least seven years of finance and/or accounting experience, preferably in the affordable housing industry, or a related field. A Master’s Degree in a finance-related field, or a CPA is preferred. Nonprofit financial management experience preferred. Real Estate and property management finance experience desirable.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
- Significant working knowledge of nonprofit and real estate accounting
- Working knowledge of real estate finance and treasury management
- Experience in partnership accounting, public finance, and programs such as low income housing tax credits or CDBG is desirable
- Excellent verbal and written communication skills
- Excellent computer skills in work-processing, spreadsheet, and accounting software, including YARDI and/or MIP.
- Ability to understand, develop, and manage budgets.
- Ability to provide leadership and personnel management
- Commitment to low-income and working families, seniors, disabled; building strong communities.
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| How to apply : |
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| Third party mediation allowed : |
No |
| Telecommute : |
No |
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