Compliance Specialist - Raleigh, United States - Highmark Residential Llc

Description

Overview:

Location:Raleigh, North CarolinaWhy Highmark Residential?Because every position is considered critical to Highmarks success and reputation, we take care to employ those who aspire to become the best in their field.

Those who succeed at Highmark will do so because they enjoy an empowered, challenging, fulfilling, and financially rewarding workplaceWhy we need you:
The Compliance Specialist is responsible for assisting with all property compliance for LIHTC, HUD, Bond, and other state-specific programs. Assist with training on-site associates for Yardi data entry and compliance. The Compliance Specialist will work closely with the Property and Regional Managers, as well as ownership and corporate staff.

What Highmark can do for you:

Help you achieve your goals by continuous professional development and regular career progression sessionsCompetitive pay for the marketMonthly bonus opportunities for all site associates30% associate rent discountMedical, Dental & Vision benefits the 1 st of the month following 30 days of full-time employmentCompany-provided life insurance, short term and long term disability coverageFlexible Spending accounts401(k) eligibility after 90 days, with 4% Highmark matchProfessional Certification & Tuition reimbursementVacation, Sick and Personal Time off available to use after 90 days10 paid holidaysPaid parental leaveResponsibilities:Essential functions include (but are not limited to):Provide daily phone and e-mail support for properties regarding Yardi Affordable and other technical programsSchedule, prepare classroom facilities and conduct training for on-site associates on Yardis Affordable softwareReview and Audit file and system compliance for various affordable programs and set-asidesEnsure sites are maintaining appropriate set-asides as outlined in the regulatory agreementsMonitor and audit accuracy of Tenant Income Certification, backup within the files and Yardi dataProvide feedback to the property manager on audit results and provide additional training on errors foundMaintain good communications with external compliance auditors and get issues resolved quickly and accuratelyAssist with meeting reporting requirements to external entities, such as TDHCA, FHFC, HUD, etc.

Coordinate timely weekly and month-end closings and perform reviews of data submittedPerform reconciliation, research and troubleshoot discrepancies as related to the rent roll and accounts receivableReview pre-close reports, distribute correction notices and ensure completion of corrections by month-end close deadlineWork with accounting personnel to resolve on-site accounting discrepanciesMaintain training calendar working with other departments with training needsCreate or modify training materials for web-based and live training classesLead lease file audits during due diligence; perform rent roll setup and assist in acquisition setups and dispositionsPerform property file audits and re-audits as neededQualifications:Qualifications:On-site experience and previous bookkeeping required2-5 years previous compliance experience with LIHTC, Project-Based Section 8 or Bond required1-2 years previous compliance experience with state-specific affordable programs strongly desiredExtensive experience with the Affordable module in Yardi, including on-site processes and controlsExtensive experience and knowledge of Federal affordable programs as well as state-specific affordable programsMicrosoft Office skills Word, Excel and PowerPointPossess excellent writing and communications skills, including proper grammar and email etiquetteAbility to speak in front of groups of peopleAble to travel overnight as required, approximately 30%Ability to coordinate activities and meet deadlinesAbility to collaborate with peers on training and support objectives#CORPReq


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