SVP Financial Controller - Development Affordable

Responsibilities

• Lead and mentor the development accounting team, fostering a culture of accountability and professional growth
• Act as a strategic business partner to development operational teams, providing proactive financial guidance to optimize deal execution and profitability
• Design and champion automation initiatives and streamlined workflows to increase scalability and accuracy
• Collaborate with developers to monitor project budgets, costs, and overall profitability
• Provide visibility and transparency on project risk and opportunity

Accounting Operations

• Manage development accounting with a deep focus on LIHTC, HUD programs, and affordable housing financing
• Leverage a strong knowledge of deal structures to support project acquisitions, development, and financial closings
• Perform detailed reviews of complex operating agreements, partnership agreements, and tax credit financing documents
• Oversee job costing, project budgeting for affordable development projects
• Maintain a documented system of accounting policies and internal controls
• Lead the annual audit process and manage external auditor relationships for the development company

Financial Reporting & Analysis

• Lead the preparation of timely, accurate, and compliant financial statements and monthly reports for the executive leadership team
• Apply an exceptionally high attention to detail to ensure accurate financial reporting and risk modeling
• Drive variance analysis on actuals vs. budgets and communicate key financial issues to management
• Proactively identify and mitigate accounting and reporting risks

Asset Management & Investor Relations

• Lead the preparation and coordination of equity funding packages, ensuring all due diligence documentation is obtained from developers, architects, contractors, lenders, and other third-party stakeholders
• Review financial analyses, including breakeven and debt service coverage ratio assessments, to support equity funding decisions
• Coordinate investor equity pay-ins and monitor funding milestones to ensure projects remain aligned with underwriting assumptions and budgeted development fees collection
• Manage the preparation and submission of agency cost certification packages and related compliance documentation
• Serve as the primary point of contact for housing agency review comments, coordinating responses and resolution of outstanding issues to ensure timely issuance of IRS form 8609s
• Lead recurring cross-functional meetings to review investor equity funding and cost certification status