Senior Manager of Housing and Real Estate Finance
Bowery Residents' Committee•New York, NY
•Hybrid
About The Position
At BRC, housing finance is mission-critical. The Senior Manager of Housing & Real Estate Finance provides strategic and operational leadership across BRC’s affordable housing and real estate development portfolio — ensuring strong financial stewardship, regulatory compliance, and long-term sustainability for the communities we serve. This role brings together controller-level oversight, asset and property accounting, and affiliate financial management, supporting housing development, ongoing operations, and portfolio growth.
Requirements
- Bachelor’s degree in Accounting, Finance, or related field required
- 7–10 years of progressive accounting experience, including 3+ years in a managerial or senior leadership role
- Experience with nonprofit and affordable housing accounting structures (LIHTC, HDFC, LP, GP, LLC) strongly preferred
- Demonstrated experience managing audits, consolidations, and tax compliance for complex entity structures
- Strong knowledge of GAAP, internal controls, and nonprofit/real estate tax requirements
- Understanding of real estate finance and affordable housing compliance frameworks
- Advanced Excel skills; experience with Sage Intacct, MIP, ADP, FundEZ, or similar systems a plus
- Exceptional analytical, organizational, and communication skills
- Proven ability to manage multiple priorities, lead teams, and meet deadlines with precision
Nice To Haves
- CPA strongly preferred
- Experience with nonprofit and affordable housing accounting structures (LIHTC, HDFC, LP, GP, LLC) strongly preferred
- Advanced Excel skills; experience with Sage Intacct, MIP, ADP, FundEZ, or similar systems a plus
Responsibilities
- Provide leadership and oversight for accounting, financial reporting, and compliance across BRC’s housing and real estate entities (501(c)(3), HDFC, LP, GP, LLC)
- Oversee monthly, quarterly, and annual financial statements, consolidations, and management reports
- Ensure accuracy of journal entries, reconciliations, lease schedules, loan schedules, and affiliate reporting
- Lead preparation and coordination of audits, tax filings, and lender/syndicator reporting
- Ensure compliance with regulatory, contractual, and financing requirements across development, construction, and operational phases
- Serve as a key financial advisor to the CFO and Housing Development leadership on project structuring, acquisitions, refinancing, and new developments
- Oversee asset management functions, including operating budgets, reserve management, insurance compliance, and variance analysis
- Act as primary financial liaison with third-party property management firms; monitor performance and recommend improvements
- Maintain oversight of partnership agreements, regulatory documents, entity tax status, and dissolution timelines
- Supervise, mentor, and develop accounting and finance staff supporting housing and affiliate entities
- Lead process improvements, internal control enhancements, and financial system upgrades
- Support capital planning initiatives and special projects as assigned
Benefits
- Health insurance and paid sick time starting day one
- 3+ weeks paid vacation, 12 paid holidays, plus sick and personal time
- 403(b) retirement plan with employer match
- Tuition assistance and professional development opportunities
- Opportunity to lead mission-critical housing finance work with citywide impact
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Number of Employees
251-500 employees
