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New Hope Housing, Inc. · 6 days ago

Controller- Non-Profit/ LIHTC/Real Estate

Houston, TX

Full-time

Onsite

Senior Level

7+ years exp

New Hope Housing, Inc. is a non-profit organization focused on affordable housing, and they are seeking a Controller to oversee their financial records and accounting personnel. The Controller will manage accounting activities, prepare financial reports, and ensure compliance with regulations while working closely with the CFO.

CommunitiesReal EstateRentalRental PropertyResidential

Responsibilities

Effectively perform the full cycle accounting, reporting and analysis for 14+ multi-family affordable housing properties – managed by the organization and 3rd party property manager- and the development and construction of multiple new Low-Income Tax Credit (“LIHTC”) projects

Manage detailed LIHTC accounting and tax issues

Manage transaction accounting for real estate development project closings, construction drawings, grant and tax equity funding

Manage funding for construction draws construction loans and grant and public funding

Coordinate and review monthly accounting consolidation for multiple management entities (LLC/LLP) and non-profit corporations

Collaboration with business segment leaders

Supervise and manage accounting staff (4 direct reports)

Manage and review various monthly accounting estimates and journal entries

Schedule, supervise and review monthly accounting close

Prepare consolidated financial statements on a monthly, quarterly and annual basis

Prepare variance analysis on financial statements

Administrative user for certain accounting/treasury programs/interfaces

Manage the preparation and consolidation of monthly financial reporting package for management, Finance Committee and Board

Supervise and review consolidated schedule of cash flows

Administers, reports and handles cash management – including compliance and payment of corporate loans

Coordinate all audits, including corporate, payroll, TDHCA and 403(b) and tax returns

Recommend updates to internal controls

Qualification

AccountingFinancial ReportingLeadershipReal Estate ExperienceFinancial Software ProficiencyCommunication SkillsOrganizational SkillsProblem-Solving SkillsAttention to Detail

Required

Bachelor's or Master's degree in accounting from an accredited university

A minimum of 7 years of progressive accounting experience, including significant leadership roles as a Controller or Senior Accounting Officer

Proficiency in financial software (Real Page Financial Suite) and Excel for financial modeling

Excellent communication skills, both verbal and written, with strong supervisory and interpersonal abilities

Ability to work under pressure, meet strict deadlines, and manage multiple tasks in a dynamic environment

Commitment to serving diverse communities and understanding of low-income housing issues

Ability to work effectively in project teams and with individuals from various backgrounds

Strong organizational, time management, and problem-solving skills

Attention to detail and recall and the ability to produce and analyze financial statements

Proven leadership skills, combined with the ability to roll up your sleeves and get things done

Preferred

Experience in the affordable housing or real estate industry is preferred

Company

New Hope Housing, Inc.

New Hope Housing’s core purpose is to provide affordable, life-stabilizing, permanent housing with support services for people who live on very limited incomes.

Founded in 1993

Houston, Texas, USA

51-200 employees