MuaHaTuongTu
11-28-2005, 06:26 PM
MONTGOMERY HOUSING PARTNERSHIP
JOB DESCRIPTION
VICE PRESIDENT OF FINANCE
SUMMARY: Active and growing sixteen year-old housing and community revitalization non-profit in Montgomery County based in Wheaton seeks individual with strong interest in affordable housing and experience in affordable housing finance in a nonprofit environment. The VP of Finance will run a three person finance department and should have at least 5 years experience.
ACCOUNTING
• Develop accounting policies and procedures for the organization according to GAAP, effectively protecting the organizations resources. These policies include, purchasing, disbursements, cash management, accounting conventions, budgeting and cost allocation, and reporting
• Hire, train and supervise accounting staff
• Review accounting reports and financial statements issued by the department for internal and external use.
• Prepare accounting reports and financial statements that exceed the ability of the junior staff
• Implement the organization’s investment policy
• Manage the organization’s budget
MULTIFAMILY DEVELOPMENT
• Complete cost certifications and final endorsements for bond and tax credit properties
• Review financing applications for multifamily deals, participate in preparation to close; conference calls and preparation of the initial draw
• Attend preconstruction conferences for multifamily deals
• Review operations budgets and audits and collection of appropriate MHP fees
• Fulfill the organizations reporting requirements to equity investors, lenders
PROGRAM MANAGEMENT
• Review and assist in developing program budgets for development of the organization’s overall budget and overhead rate.
• Review grants and contracts for financial reporting requirements and establish procedures to facilitate same.
• Meet quarterly with program staff to review financial performance
ASSET MANAGEMENT
• Review property financial statements in conjunction with reporting to equity investors
• Monitor Cash Flow loan transactions
ORGANIZATION
• Participate in the development and documentation of policies and procedures for the partnership and its subsidiaries.
• Maintain appropriate insurance coverage
• Manage the financial aspects of all partnership initiatives
REQUIREMENTS:
- Minimum five years real estate finance experience.
- MBA, MS in accounting, or CPA preferred.
- Strong computer skills – experience in the MIP accounting software is preferred.
- Experience in nonprofit financial accounting.
- Knowledge of affordable housing finance, including tax credits and tax exempt bonds.
Send resume, cover letter, and salary history to MHP, 11002 Veirs Mill Road, Suite 503, Silver Spring, MD 20902.
JOB DESCRIPTION
VICE PRESIDENT OF FINANCE
SUMMARY: Active and growing sixteen year-old housing and community revitalization non-profit in Montgomery County based in Wheaton seeks individual with strong interest in affordable housing and experience in affordable housing finance in a nonprofit environment. The VP of Finance will run a three person finance department and should have at least 5 years experience.
ACCOUNTING
• Develop accounting policies and procedures for the organization according to GAAP, effectively protecting the organizations resources. These policies include, purchasing, disbursements, cash management, accounting conventions, budgeting and cost allocation, and reporting
• Hire, train and supervise accounting staff
• Review accounting reports and financial statements issued by the department for internal and external use.
• Prepare accounting reports and financial statements that exceed the ability of the junior staff
• Implement the organization’s investment policy
• Manage the organization’s budget
MULTIFAMILY DEVELOPMENT
• Complete cost certifications and final endorsements for bond and tax credit properties
• Review financing applications for multifamily deals, participate in preparation to close; conference calls and preparation of the initial draw
• Attend preconstruction conferences for multifamily deals
• Review operations budgets and audits and collection of appropriate MHP fees
• Fulfill the organizations reporting requirements to equity investors, lenders
PROGRAM MANAGEMENT
• Review and assist in developing program budgets for development of the organization’s overall budget and overhead rate.
• Review grants and contracts for financial reporting requirements and establish procedures to facilitate same.
• Meet quarterly with program staff to review financial performance
ASSET MANAGEMENT
• Review property financial statements in conjunction with reporting to equity investors
• Monitor Cash Flow loan transactions
ORGANIZATION
• Participate in the development and documentation of policies and procedures for the partnership and its subsidiaries.
• Maintain appropriate insurance coverage
• Manage the financial aspects of all partnership initiatives
REQUIREMENTS:
- Minimum five years real estate finance experience.
- MBA, MS in accounting, or CPA preferred.
- Strong computer skills – experience in the MIP accounting software is preferred.
- Experience in nonprofit financial accounting.
- Knowledge of affordable housing finance, including tax credits and tax exempt bonds.
Send resume, cover letter, and salary history to MHP, 11002 Veirs Mill Road, Suite 503, Silver Spring, MD 20902.