Director of Financial Reporting
AP Professionals
Description
AP Professionals has partnered with a leading nonprofit company in Rochester to find a Director of Financial Reporting to manage the financial operations for Property Management and Real Estate Development. This role is responsible for financial planning, analysis, cash management, supervising and developing staff, overseeing pre-development and development accounting practices, participating in project cost certifications, preparing budgets, and conducting compliance evaluations.
Responsibilities
- Negotiate loan terms, maintain banking relationships, and communicate with lenders, partners, and funding sources.
- Supervise 5-10 direct reports.
- Collaborate with the CFO, asset management team, and Senior VPs of Property Management and Real Estate Development to provide written and verbal interpretations of financial results.
- Ensure the financial integrity of the Property Management and Real Estate Development programs.
- Ensure compliance with all funding regulations and guidelines required by regulatory agencies, lenders, investors, syndicators, and general partners.
- Prepare and present financial information to lenders, underwriters, syndicators, general partners, and others.
- Oversee the financial organization and operation of affiliate corporations, including reporting regularly to boards, committees, and other groups.
- Promote operational growth and identify trends to improve operations. Prepare budgets for future developments.
- May need to travel for conferences.
Education
- Bachelor's degree in Accounting.
Experience
- Minimum 3 years of experience in a financial role including affordable housing development and construction accounting.
- Proven experience in successfully completing low-income housing tax credit audits and cost certifications.
Knowledge, Skills, Abilities, and Other Characteristics
- Must have the ability to integrate theories and principles from various sources to develop and maintain a comprehensive financial management system for Property Management and Real Estate Development.
- Knowledgeable in advanced accounting principles, auditing, financial analysis, business management, cash management, internal controls, software and program compliance, and real estate accounting practices for affordable housing developments.
- Ability to manage, monitor, and develop talent effectively.
- Proficient in Microsoft Office suite and the YARDI software system.