CFS · 11 hours ago
Asset Manager
Boston, MA
Full-time
Hybrid
Entry, Mid Level
$85K/yr - $105K/yr
2+ years expCFS is a mission-driven, nationally recognized organization in the affordable housing space with over two decades of experience in the LIHTC industry. They are seeking an Asset Manager to manage a portfolio of LIHTC assets, monitor key milestones, and ensure compliance with partnership agreements and Section 42 requirements.
Human ResourcesStaffing Agency
Responsibilities
Manage a portfolio of LIHTC assets during the development phase
Monitor key milestones including construction completion, lease‑up, stabilization, loan conversions, and issuance of 8609s
Lead transition calls for newly closed partnerships, including new relationships and acquisition rehabs
Track and calculate tax credit delivery through review of occupancy reports, cost certifications, and 8609s
Ensure ongoing compliance with partnership agreements and Section 42 requirements
Review monthly, quarterly, and annual financial reporting; analyze benchmarks and perform risk assessments
Coordinate audits, tax returns, and compliance reviews with internal teams and third‑party partners
Review construction draws and process equity installments; project future equity timing and funding needs
Evaluate GP requests for deal changes and prepare formal recommendations
Identify risks during development and collaborate on solutions to keep projects financially balanced
Qualification
Required
Bachelor's degree in finance, accounting, real estate, or a related business field
2+ years of experience in asset management, affordable housing, development, or real estate finance
Strong financial analysis and reporting skills with advanced Excel proficiency
Experience reviewing construction draws, budgets, and funding schedules
Excellent communication skills and comfort working with senior leadership and external partners
Ability to manage multiple projects, prioritize deadlines, and work independently
LIHTC Compliance Certification (or ability to obtain)
Preferred
Working knowledge of Section 42 / LIHTC program requirements strongly preferred
Company
CFS
Founded by CPA firms in 1994, Creative Financial Staffing has spent over 30 years helping job seekers and employers succeed.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Dan Casey
CEO, Founder
Company data provided by crunchbase