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Cincinnati Metropolitan Housing Authority · 1 month ago

Development Financial Manager

Cincinnati, OH

Full-time

Onsite

Mid, Senior Level

Cincinnati Metropolitan Housing Authority is seeking a Development Financial Manager to oversee financial funding for construction and development projects. The role involves collaboration with various departments to ensure compliance and timely funding delivery, as well as managing partnerships and monitoring financial details.

Home ServicesNon ProfitProperty Management

Responsibilities

Direct financial funding of projects in Construction/Development phase, many of which will simultaneously be in Operations phase

Collaborate with CMHA Property Management, Procurement, Legal, Finance & Accounting, Real Estate Construction, Compliance and Relocation departments to coordinate costs, compliance/reporting, and timing of funding delivery for each project

Understand and collaborate with executive management to structure and negotiate agreeable terms with partners, investors and lenders

Manage CMHA’s partnership commitments regarding Reserve Accounts for entities and approval of capital expenditures

Monitor financial details to ensure that lender requirements are met

Review financial reports to improve budgeting and planning

Analyze financial statements to prepare business activity reports and forecasts

Analyze public housing portfolio to optimize conversion to Section 8 funding platform

Participate as a member of the management team to make financial decisions

Direct Development Analysts during development of construction budget and structuring funding, ensuring underwriting and loan closeout processes

Establish and maintain relationships to communicate and interact with outside parties, including but not limited to lenders, lawyers, professional tax preparers and independent auditors

Perform additional duties as assigned

Qualification

Financial AnalysisBudgetingConstruction FinancingProject ManagementStakeholder Communication

Required