Finance Manager/Controller (Affordable Housing) – Boston
A real estate management and development company located in Boston is seeking a Finance Manager/Controller to support the financial oversight, structuring, and long-term strategy of an affordable housing real estate platform.
Reporting to the CFO, this role blends accounting, finance, and capital markets and is ideal for a curious early-to-mid career finance professional looking to grow into a broader, CFO-level role.
Compensation: $150,000 – 200,000 base + bonus
Responsibilities:
Accounting & Financial Oversight
- Oversee real estate accounting for affordable housing assets
- Manage month-end and year-end close, reconciliations, and audit readiness
- Coordinate with external auditors, tax advisors, and consultants
- Ensure compliance with affordable housing and subsidy program requirements
- Maintain strong internal controls and documentation
- Expectation: accounting is accurate, defensible, and well-run — but this is foundational, not the sole focus
Affordable Housing Finance & LIHTC
- Support and/or lead financial analysis related to LIHTC, bonds, FHA/Fannie Mae products, RAD, HOME, and other layered subsidies
- Analyze project feasibility, funding sources, and long-term financial sustainability
- Assess compliance, timing, and execution risks across affordable housing programs
Transaction Structuring & Underwriting
- Underwrite and evaluate affordable housing transactions
- Build and maintain financial models, including LIHTC models
Capital Markets & External Relationships
- Work directly with banks, investors, agencies, and public finance entities
- Support financing negotiations and ongoing lender/investor relationships
- Develop a strong understanding of how lenders and investors assess risk
Qualifications:
- BA/BS degree in Accounting/Finance
- ~7–10 years of experience (flexible for the right background)
- Strong real estate accounting foundation; affordable housing experience strongly preferred
- Exposure to LIHTC and complex capital structures
- Experience with Yardi or similar real estate ERP
- Analytical mindset with interest in strategy and long-term growth
- Comfortable operating in a hands-on, evolving environment
For immediate consideration, qualified and interested candidates may reach out directly to Kelly Lucey at [email protected].
#LI-KH1