Chief Financial Officer

BARKER MANAGEMENT INC•Anaheim, CA

5d•$150,000 - $175,000•Onsite

About The Position

The Chief Financial Officer leads financial operations for Barker Management, provides accounting support to its affiliated developer, Valued Housing, and serves as the senior finance partner to the CEO and ownership. The role brings corporate accounting and property accounting together under one leader, with a focus on supporting the site accounting team, strengthening financial controls, and improving budgeting and reporting through software and AI. Barker Management oversees approximately 8,000 affordable housing units across California, while Valued Housing owns approximately 1,800 units, with additional projects in predevelopment and construction. Many properties use Low-Income Housing Tax Credits, tax-exempt bonds, HUD financing, and state or local soft loans, requiring compliance, investor, and lender reporting expertise. The CFO reports to the Chief Executive Officer and leads two accounting teams through the Vice President/Accounting and Corporate Accounting Manager. The position is based at the corporate headquarters in Anaheim, California. It is a full-time, exempt, office-based executive role with periodic travel to properties and client meetings throughout California. Extended hours may be needed at month-end, year-end, during audit season, and at project closings. The CFO advises the CEO and ownership on financial strategy, growth, risk, and capital allocation; develops budgets and financial plans; oversees corporate and property accounting, audits, tax filings, treasury, capital, and risk; and ensures compliance with accounting standards, regulatory agreements, and financing requirements. The CFO supports the Vice President/Accounting and site accounting team, oversees Valued Housing accounting and reporting, and leads efforts to improve controls and use existing systems, automation, and AI effectively while protecting resident and financial data. The role requires a bachelor's degree in accounting, finance, or a related field and at least 12 years of progressive accounting and finance experience, including at least five years in senior leadership and seven years in multifamily real estate with substantial affordable housing experience. Direct experience with LIHTC partnerships, tax-exempt bond financing, HUD-assisted properties, and third-party property management accounting is required. A CPA is strongly preferred; an MBA or master's degree in accounting or finance is a plus. The stated salary range is $150,000–$175,000 per year, plus bonus and benefits. Benefits listed include free medical, dental, and vision coverage after the first 90 days, 80 hours of paid vacation, 12 paid holidays, and 80 hours of sick pay.

Requirements

Bachelor's degree in accounting, finance, or a related field.
12 or more years of progressive accounting and finance experience.
At least 5 years in a senior leadership role such as CFO, Controller, or VP Finance.
At least 7 years in multifamily real estate, with substantial affordable housing experience.
Direct experience with LIHTC partnerships, tax-exempt bond financing, and HUD-assisted properties.
Experience in third-party property management accounting.
Track record of leading multi-layered teams in a supportive, hands-on manner, including managers who supervise their own staff.
Expert knowledge of GAAP, partnership accounting, consolidations, and real estate tax concepts.
Strong command of regulatory agreements, HUD reporting, surplus cash, and reserve rules.
Skills in budgeting, financial modeling, and cash flow forecasting.
Hands-on experience with property management accounting software, QuickBooks, and advanced Excel.
Practical experience applying automation or AI tools to budgeting and financial reporting.
Clear communication with investors, lenders, auditors, public agencies, and non-financial colleagues.
High integrity, sound judgment, and commitment to the mission of affordable housing.

Nice To Haves

CPA certification is strongly preferred.
MBA or master's degree in accounting or finance is a plus.
Experience with California financing programs, including TCAC, CDLAC, CalHFA, and HCD, is preferred.
Experience with Yardi is ideal.

Responsibilities

Advise the CEO and ownership on financial strategy, growth, risk, and capital allocation as a member of the executive team.
Develop annual budgets and multi-year financial plans for Barker Management, and present financial results and recommendations to ownership, affiliated nonprofit partner boards, and other governance bodies as required.
Design a finance organization that can scale with portfolio growth, including staffing plans, succession, and career paths.
Oversee general ledger, monthly close, consolidations, and financial statements for Barker Management, Valued Housing, and related entities through the Corporate Accounting Manager.
Support the Vice President/Accounting with accounts payable, payroll accounting, intercompany transactions, asset management and management activities, and developer fee revenue recognition.
Lead annual corporate audits and tax filings with outside CPA firms; establish close calendars, reconciliation standards, and timely, accurate reporting packages.
Provide resources, training, guidance, and escalation support to the Vice President/Accounting and the site accounting team.
Ensure checks and balances across site accounting, including segregation of duties, review and approval steps, reconciliations, and audit trails.
Oversee accounting for approximately 8,000 managed units, including monthly property financial statements, budgets, and variance reporting.
Ensure timely owner, investor, lender, and agency financial reporting, including requirements for HUD, CalHFA, TCAC, HCD, and local housing agencies.
Oversee property audits, tax returns, and partnership reporting for LIHTC limited partnerships and LLCs.
Monitor replacement and operating reserves, surplus cash calculations, residual receipts, and waterfall distributions.
Strengthen controls over rent collection, security deposits, trust accounts, and property bank accounts.
Ensure Valued Housing transactions are entered accurately and on time in QuickBooks, including entries requested by the Director of Real Estate or outside CPA.
Oversee Valued Housing bank accounts, monthly reconciliations, and banking relationships, and prepare monthly financial reports.
Manage cash flow forecasting, liquidity, banking relationships, and lines of credit; maintain relationships with lenders, investors, and public agencies tied to the managed portfolio.
Oversee insurance programs, enterprise risk management, and the 401(k) plan.
Design and maintain internal controls, segregation of duties, and accounting policies across corporate and property operations.
Improve budgeting and reporting through effective use of accounting software and AI; maximize current systems before adopting new tools and lead evaluation of new systems.
Ensure AI-assisted work is reviewed by staff and protects resident and financial data.
Ensure compliance with GAAP, regulatory agreements, HUD handbooks, partnership agreements, and loan covenants.
Coordinate with compliance and asset management teams on audit findings and corrective action plans.
Deliver the stated first-year outcomes: a corporate monthly close within 15 business days; property financials by agreed deadlines; clean audits and resolution of prior findings; a 13-week cash forecast and annual budget; documented and reviewed accounting controls; at least one improved budgeting or reporting process; and current, reconciled Valued Housing accounts with monthly reporting on schedule.