Finance Manager / Controller – Affordable Housing
A Boston-based real estate development and management firm is seeking a Finance Manager / Controller to play a key role in the financial stewardship and long-term planning of its affordable housing portfolio. Reporting directly to the CFO, this position combines hands-on accounting leadership with exposure to complex financing structures and capital markets activity, offering a clear path for growth into a broader finance leadership role.
This is a hybrid opportunity, offering $150,000–$200,000 base salary plus bonus
Key Responsibilities
Financial Management & Accounting Oversight
- Lead real estate accounting activities across a portfolio of affordable housing assets
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Oversee monthly and annual close processes, account reconciliations, and audit preparation
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Partner with external auditors, tax professionals, and advisors to ensure timely and accurate reporting
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Ensure compliance with affordable housing regulations, subsidy requirements, and internal controls
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Maintain clear, well-documented, and defensible accounting practices as a foundation for broader financial decision-making
Affordable Housing Finance & Subsidy Structures
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Support and/or lead financial analysis related to LIHTC, tax-exempt bonds, FHA and Fannie Mae financing, RAD, HOME, and other layered subsidy programs
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Evaluate project feasibility, capital sources, and long-term financial performance
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Identify compliance considerations, execution risks, and timing implications across multiple housing programs
Transaction Structuring & Underwriting
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Underwrite affordable housing transactions and participate in deal evaluation
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Build and maintain detailed financial models, including LIHTC models
Capital Markets & External Partnerships
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Work directly with lenders, investors, government agencies, and public finance entities
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Support financing negotiations and manage ongoing lender and investor relationships
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Develop a strong understanding of institutional risk assessment and capital provider perspectives
Qualifications
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Bachelor’s degree in Accounting or Finance
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Approximately 7–10 years of relevant experience (flexible for the right background)
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Strong foundation in real estate accounting; affordable housing experience strongly preferred
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Exposure to LIHTC structures and complex, multi-layered capital stacks
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Experience with Yardi or a comparable real estate ERP system
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Highly analytical with an interest in strategy, growth, and long-term value creation
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Comfortable operating in a hands-on, dynamic environment
For immediate consideration, please email your resume to Ellie Boyd at [email protected]
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