Comptroller at Volunteers of America Southeast Louisiana Inc

Job DescriptionJob DescriptionJOB SUMMARYThe Comptroller will handle high-level accounting, managerial accounting, and oversee the financial activities of the subsidiary Renaissance Neighborhood Development Company (RNDC). As head of RNDC accounting, The Comptroller will be responsible for the accurate financial analysis and audit readiness for multiple affordable rental housing properties in various stages of our development, including those in pre-development and construction as well as our stabilized portfolio of properties working alongside RNDC’s Finance and Accounting Manager. Under the general direction of the Chief Financial Officer, the Comptroller advances the mission of RNDC through the fulfillment of its strategic plan and the continued growth of our housing portfolio.ESSENTIAL DUTIES AND RESPONSIBILITIES:Housing Finance TransactionsEngage with Development Directors during finance closingsSupervise proper flow of funds during development and initial operationsReview the recording of monthly construction draws for timely payment of contractorsEnsure conditions of financial transactions are fulfilled during project development periodMaintain effective relationships with lenders and fundersMinimize tax liability in connection with for-profit transactionsProperty Management AccountingReview monthly property operating reports (YARDI) and work with Property Management Director to take corrective actionsMaintain books for General Partner entitiesSupervise and coordinate the day to day accounting functionsReview monthly financial statements and reconciliationsReview reconciliations for multiple bank accountsOversee Accounting and Finance ManagerReview replacement reserve withdrawal requests based on Partnership documentsAudit and Cost CertificationsTrack and prepare summaries of project costs incurred in pre-development.Prepare forecasts and advise of impacts to year-end audit from projects in developmentCreate cost certifications at completion of developmentsManage annual project auditsInterface with VOASELA Auditor for annual audits of RNDCCash ManagementSupervise the set up of bank accounts; ensure project cash accounts are reconciledPrepare 13 Week Cash Forecast on a biweekly basisReview and submit annual RNDC operating budgetsMaintain three-year cash flow projection ReportingPrimary reporting to VOASELA Chief Financial OfficerSupport CFO in providing regular updates to Boards of DirectorsReview/submit any necessary periodic financial reports for project fundersRespond to ongoing financial questions from lenders and funders ADDITIONAL DUTIES AND RESPONSIBILITIES (Non-essential)Adhere to the designated dress code as stipulated for the specific role.SUPERVISORY DUTIES:Supervises Property Accountants.Provides collaborative expertise and functional direction to program directors and managers with respect to fund raising activities, appeals, and grant writing/processing.KEY CONTACTSThe Louisiana Housing Corporation, Office of Community Development and local municipalities across Louisiana who provide or support funding for housing developmentLenders, investors, and other members of each project’s finance teamThird party consultants and contractorsKNOWLEDGE, SKILLS AND ABILITIES:This position requires knowledge, skills and abilities equivalent to: Bachelor’s degree in accountingMinimum five years’ experience in Accounting/Finance, with affordable housing, and Tax Credit experience preferredManagement experienceInterpersonal skills necessary to effectively delegate, manage and motivate other employeesSound and accurate judgment with an ability to support and explain reasoning for decisionsGood vendor management skills, including negotiating skills and ability to influence as neededStrong oral and written communication skillsExperience using property management accounting system software. YARDI experience preferredOffice including Outlook, Word, and ExcelAbility to work flexible hoursIncludes appropriate people in the decision-making process; and ensure timely decisions are made.Team-building skills to encourage collaboration and communication amongst key internal & external partners.PHYSICAL REQUIREMENTSWork is primarily performed in a normal office environment generally while seated at a desk. Dexterity is required to performing work with personal computer keyboard, calculator and other office equipmentDISCLAIMER STATEMENTThe above is intended to describe content of and requirements of the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or requirements. VOASELA, Inc., reserves the right to change, add, or delete at any time from this job description to meet the need of the organization.