Compliance Specialist (LIHTC)
Highmark Residential, LLC•Addison, TX
•Hybrid
About The Position
The Compliance Specialist is responsible for assisting with all property compliance for LIHTC, HUD, Bond, and other state-specific programs. Assist with training on-site associates for Yardi data entry and compliance. The Compliance Specialist will work closely with the Property and Regional Managers, as well as ownership and corporate staff.
Requirements
- On-site experience and previous bookkeeping required.
- Minimum 3 years working compliance experience with LIHTC, Project-Based Section 8 or Bond required.
- Minimum 1 year working compliance experience with the state-specific affordable programs for which you are applying.
- Compliance experience must be current.
- Extensive experience with the Affordable module in Yardi, including on-site processes and controls.
- Microsoft Office skills – Word, Excel and PowerPoint.
- Possess excellent writing and communications skills, including proper grammar and email etiquette.
- Ability to speak in front of groups of people.
- Able to travel overnight as required, approximately 30%.
- Ability to coordinate activities and meet deadlines.
- Ability to collaborate with peers on training and support objectives.
- Ability to work individually and as a team.
- Attention to detail, time management and decision-making skills.
Responsibilities
- Provide daily phone and e-mail support for properties regarding Yardi Affordable and other technical programs
- Schedule, prepare classroom facilities and conduct training for on-site associates on Yardi’s Affordable software
- Review and Audit file and system compliance for various affordable programs and set-asides
- Ensure sites are maintaining appropriate set-asides as outlined in the regulatory agreements
- Monitor and audit accuracy of Tenant Income Certification, backup within the files and Yardi data
- Provide feedback to the property manager on audit results and provide additional training on errors found
- Maintain good communications with external compliance auditors and get issues resolved quickly and accurately
- Assist with meeting reporting requirements to external entities, such as TDHCA, FHFC, HUD, etc.
- Coordinate timely weekly and month-end closings and perform reviews of data submitted
- Perform reconciliation, research and troubleshoot discrepancies as related to the rent roll and accounts receivable
- Review pre-close reports, distribute correction notices and ensure completion of corrections by month-end close deadline
- Work with accounting personnel to resolve on-site accounting discrepancies
- Maintain training calendar working with other departments with training needs
- Create or modify training materials for web-based and live training classes
- Lead lease file audits during due diligence; perform rent roll setup and assist in acquisition setups and dispositions
- Perform property file audits and re-audits as needed
Benefits
- Continuous professional development and regular career progression sessions
- Competitive pay for the market
- Monthly bonus opportunities for all site associates
- 30% associate rent discount
- Medical, Dental & Vision benefits the 1st of the month following 30 days of full-time employment
- Company-provided life insurance, short term and long term disability coverage
- Flexible Spending accounts
- 401(k) eligibility after 90 days, with 4% Highmark match
- Professional Certification & Tuition reimbursement
- Vacation, Sick and Personal Time off available to use after 90 days
- 10 paid holidays
- Paid parental leave
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
