Director of Property Finance - Boston, United States - 2Life Communities

Description

Play a crucial role in overseeing and ensuring the high-quality financial decision-making and accounting practices within our organization. Provide general management and leadership to all property accounts and staff accountants.

ESSENTIAL JOB FUNCTIONS:

• Property budgeting – Lead, facilitate and ensure the preparation of annual operating and capital budgets for all properties.
• General management of property accounts – Coordinate and oversee monthly financial statement process, including an effective budget-to-actual and variance analysis that makes actionable meaning out of property-level financial and operational data.
• Monitor and improve property cash flow – Effectively partner with Asset Management in efforts to optimize cash flow.
• External reporting and compliance – Support, review, and sign off on regular reports created by the Asset Management, Compliance, and Property Management functions such that all properties are in compliance with HUD regulations.
• Property audits – Supervise the effective and timely creation by the property accounting team of all requirements for the annual audits and tax returns.
• Communicate and educate property managers, owners, investors and other stakeholders about the financial health of properties.
• Partner effectively with the CFO, Controller, Accounting Managers, IT and other departmental leadership, especially when addressing issues that will improve the work of the team.

KNOWLEDGE, SKILLS & ABILITIES:

• Solid accounting background with good understanding of GAAP, especially as relates to real estate and nonprofits.
• Professional experience in affordable housing, familiarity with property management issues and regulatory reviews.
• Preferred but not required: a degree in Accounting, a CPA, familiarity with LIHTC in general and affordable housing regulatory issues in Massachusetts, familiarity with housing/property management software systems (i.e. Yardi, RealPage).
• Solid process management skills and competencies: structuring workflows, developing and managing to work plans, identifying critical path items, clarifying task responsibilities and deadlines, dependencies, effective problem solving.
• Ability to work effectively as a team player or independently while prioritizing the right activities.
• Ability to flex between ensuring details are accurate and conceptual problem-solving.

SUPERVISORY RESPONSIBILITY:

• Senior Property Accountant.
• Property Accountant.

2LIFE COMMUNITIES provides superior housing to older adults of all backgrounds who can thrive independently within a supportive environment. We are a mission-driven organization with a vision whereby all older adults have the opportunity to age in community – to live a full life of connection and purpose in a dynamic and supportive environment. We are continually evolving support services to meet the needs of our diverse residents as they age.

2Life Communities owns and operates over 1,300 units of affordable rental housing located within six campuses in metropolitan Boston. With another 210 apartments under construction and more in planning, we expect to add another units within the next several years as we complete projects in active planning and construction phases.
BENEFITS AND MORE:We offer a very rich benefit plan which for individuals adds 27% on top of the base pay and over 30% for employee +1 and families.
Our rewards program includes but not limited to:

• Robust medical and dental plan.
• Vision.
• Employer-paid life and AD&D, STD, and LTD insurance.
• 401(k) plan.
• Paid vacation.
• Paid holidays.
• 2 floating holidays.
• Pet insurance and more.

The above statements intend to describe the general nature and level of work performed by people assigned to do this job. The above does not intend to be an exhaustive list of all responsibilities and duties required.
We desire to build and cultivate an inclusive environment that brings together a diverse workforce with unique experiences, backgrounds, talents, and perspectives.
External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case by case basis.

About 2Life Communities:

2Life Communities provides superior housing to older adults of all backgrounds who can thrive independently within a supportive environment. We are a mission-driven organization with a vision whereby all older adults have the opportunity to age in the community – to live a full life of connection and purpose in a dynamic and supportive environment. We are continually evolving support services to meet the needs of our diverse residents as they age; we partner with health care providers to identify innovative ways to support residents' overall health and well-being, and we engage with the broader community through our Village Center program. We have five campuses in metropolitan Boston and plans for additional housing for older adults soon.