CHN HOUSING PARTNERS
Manager of Accounting RED
We are a growing non-profit organization based in Cleveland Ohio that offers its employees a comprehensive benefits package opportunities to grow within the organization and the ability to improve the communities we serve.
CHN Housing Partners:CHN is a highly seasoned nonprofit affordable housing developer housing service provider and residential mortgage lender that works with its partners to solve major housing challenges for low-income people and under-served communities. Through our partnerships we have developed over 7000 affordable homes and each year serve over 60000 families through a wide array of housing services.
We work in Ohio and neighboring states including Michigan to preserve and expand affordable housing and build equitable communities. By investing in affordable housing we are investing in families communities and the economy. We are investing in the power of the permanent address.
Please click here to learn more about our Core Values and how they drive our mission and define who we are.
Learn More about CHN Housing Partners Benefits by clicking here!CHN offers HSA and PPO Medical Plans (including dental and vision options) Vacation Personal and Sick Leave; Paid Maternity/Paternity/Adoption Leave; Paid Company Holidays; Life Insurance; 401K Plan Tuition Reimbursement and more.
Position Summary: The Manager of Accounting RED (Real Estate Development) will delegate supervise and participate in accounting department tasks oversee the recording tracking and reporting of financial information hire train and motivate accounting staff members help develop and implement department controls and procedures and ensure that the department operates efficiently without sacrificing accuracy. A comprehensive list of essential duties and responsibilities can be found below.
The rate of pay for this position is $85000 - $90000 per year (FLSA Exempt) commensurate with experience.
Essential Duties and Responsibilities:
- Support Development/Construction/Asset management teams with various reports as needed/monthly.
- Review draws prepared by staff/senior Accountants (Construction/soft funds draw)
- Assist in providing support to external auditors (FCC/CCC/50% test/10% test/Audit)
- Review Cost Certifications and conversion at construction completion (FCC/CCC)
- Assist in reviewing legal documents to ensure proper accounting and reporting (LPA/Loan)
- Provide financial accounting and statistical analysis.
- Establish relationships with 3rd party asset management teams (syndicator/bank)
- Ongoing cash management (monthly construction payouts/monthly S&U reporting/paydown-payoff construction debt)
- Review closing draw and repayment of predevelopment costs.
- Collaborate with outside Auditors to ensure timely audits and tax returns (projects coming out of development)
- Maintain banking funder investor and lender relationships to provide financial reporting as required.
- Maintain accurate and complete financial records and participating in audits or reconciliations as needed.
- Prepare specialized financial reports or projections for organizational partners as needed.
- Assist in evaluating developing and improving department controls systems and procedures to increase accuracy and efficiency.
- Ensure that all accounting processes align with GAAP and current financial legislation.
- Perform regular financial analysis recognize patterns and trends in company spending & income explain variances and recommend solutions to any problem areas.
- Keep informed of other departments developing strategies and objectives which could have a fiscal impact on the business and the accounting systems.
- Assist in developing annual budgets.
- Keeping informed about the latest developments in the nonprofit LIHTC and real estate industries
- Hire train motivate and develop accounting staff as needed.
- Other duties as assigned.
Education and/or Work Experience Requirements:
Required:
Education:
- Bachelors degree in accounting finance or related field
Experience:
- 10 years of experience in accounting or finance
- Knowledge of Real Estate accounting practices pertaining to construction/development
- 3-5 years in LIHTC (Low Income Housing Tax Credit) accounting/tax experience preferred.
- Experience leading a team with multiple priority projects and deadlines.
Skills:
- Excellent leadership and communication skills
- Strong understanding of accounting finance and management principles
- Proficiency with computers especially bookkeeping software and MS Office
- Elevated level of efficiency and accuracy
- Attention to detail and ability to analyze substantial amounts of data.
- Change management.
- Problem solving
Other:
- Initiative-taker with elevated level of integrity
Preferred:
- Nonprofit experience
- CPA preferred.
Critical Competencies:
- Leadership/Staff Development
- Strategic Thinking
- Problem Solving
- Business/Financial Acumen
- Innovative
- Communication Skills
- Decisive decision-making
- Relationship Building
- Collaborative
- Change management
- Influencing & leading
- Teamwork
- Diplomacy
- Ability to deal with ambiguity
- Adaptability
- Mission driven
Working Conditions and/or Physical Requirements:
- Ability to perform essential job functions consistent with ADA FMLA and other standards.
- Regular and punctual attendance consistent with ADA FMLA and other standards.
Why Should You Apply
- You want to be part of an organization where the work you do will have a positive and lasting difference in the community.
- Great benefits.
- Opportunities for on-the-job training and/or professional development.
M/F/V/D/EOE