Comptroller

Volunteers of America Southeast Louisiana IncNew Orleans, LA
13d

About The Position

The 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.

Requirements

  • Bachelor’s degree in accounting
  • Minimum five years’ experience in Accounting/Finance, with affordable housing, and Tax Credit experience preferred
  • Progressive Management experience
  • Interpersonal skills necessary to effectively delegate, manage and motivate other employees
  • Sound and accurate judgment with an ability to support and explain reasoning for decisions
  • Good vendor management skills, including negotiating skills and ability to influence as needed
  • Strong oral and written communication skills
  • Experience using property management accounting system software. YARDI experience preferred
  • Office including Outlook, Word, and Excel
  • Ability to work flexible hours
  • Includes 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.

Nice To Haves

  • CPR Preferred

Responsibilities

  • Partner with Development Directors on finance closings and ensure proper fund flow during project launch.
  • Process monthly construction draws and confirm timely contractor payments.
  • Fulfill financial conditions throughout development phases.
  • Maintain relationships with lenders and funders; ensure tax efficiency in for-profit transactions.
  • Supervise RNDC accounting operations, including reconciliations and oversight of Accounting & Finance Manager.
  • Maintain books for General Partner entities and review monthly YARDI reports and financial statements.
  • Coordinate with Property Management on financial corrections and handle reserve withdrawals per partnership agreements
  • Prepare cost summaries and forecasts for audits; create certifications at project completion.
  • Manage project audits and serve as liaison for RNDC audits.
  • Set up and reconcile project bank accounts; maintain 3-year cash forecast projections
  • Prepare 13 Week Cash forecast on a biweekly basis
  • Submit RNDC operating budgets and provide financial reports as required.
  • Support CFO with board reporting and respond to funder and lender inquiries.
  • Perform other related duties as assigned.
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