Compliance Specialist (LIHTC)

Responsibilities

• Provide daily phone and e-mail support for properties regarding Yardi Affordable and other technical programs.
• Schedule, prepare classroom facilities and conduct training for on-site associates on Yardi’s Affordable software.
• Review and Audit file and system compliance for various affordable programs and set-asides.
• Ensure sites are maintaining appropriate set-asides as outlined in the regulatory agreements.
• Monitor and audit accuracy of Tenant Income Certification, backup within the files and Yardi data.
• Provide feedback to the property manager on audit results and provide additional training on errors found.
• Aid in resolving issues with external compliance auditors and ensure quick resolution.
• Aid in meeting reporting requirements to external entities, such as TDHCA, FHFC, HUD, etc.
• Coordinate timely weekly and month-end closings and perform reviews of data submitted.
• Perform reconciliation, research, and troubleshoot discrepancies as related to the rent roll and accounts receivable.
• Review pre-close reports, distribute correction notices, and ensure completion of corrections by month-end close deadline.
• Work with accounting personnel to resolve on-site accounting discrepancies.
• Maintain training calendar working with other departments with training needs.
• Create or modify training materials for web-based and live training classes.
• Lead lease file audits during due diligence; perform rent roll setup and assist in acquisition setups and dispositions.
• Perform property file audits and re-audits as needed.

Qualifications

• On-site experience or previous compliance required.
• 2-5 years previous compliance experience with LIHTC or other programs required.
• 1-2 years previous compliance experience with Florida state-specific affordable programs strongly desired.
• Extensive experience with the Affordable module in Yardi, including on-site processes and controls.
• Extensive experience and knowledge of Federal affordable programs.
• Microsoft Office skills – Word, Excel, Outlook, and PowerPoint.
• Possess excellent writing and communications skills, including proper grammar and email etiquette.
• Able to speak in front of groups of people.
• Able to coordinate activities and meet deadlines.
• Able to collaborate with peers on training and support objectives.