Sr. Manager Housing-Real Estate-FD563602
Institute for Comm Living
Job Description
Job Description
JOB SUMMARY:
The Accounting Housing & Real Estate Manager provides strategic and operational leadership across ICL’s housing portfolio, ensuring strong financial stewardship, regulatory compliance, and alignment between finance, facilities, and program operations.
This role integrates controller-level oversight, asset and property accounting, affiliate financial management, and capital planning support, helping to drive informed decision-making across development, operations, and long-term portfolio strategy.
Financial Leadership & Oversight
- Lead accounting, financial reporting, and compliance across ICL’s housing and real estate entities (including nonprofit and affiliated structures such as LPs, LLCs, and joint ventures)
- Oversee monthly, quarterly, and annual financial statements, consolidations, and executive-level management reporting
- Ensure accuracy and completeness of journal entries, account reconciliations, lease schedules, loan amortizations, and intercompany activity
Compliance, Audit & External Reporting
- Lead preparation and coordination of audits, tax filings, and reporting to lenders, syndicators, and government agencies
- Ensure compliance with regulatory, contractual, and financing requirements across development, construction, and stabilized operations
- Maintain oversight of partnership agreements, regulatory documents, and entity compliance requirements
Strategic Finance & Advisory
- Serve as a key financial advisor to the CFO and senior leadership on:
- Real estate development and project structuring
- Acquisitions, refinancing, and portfolio optimization
- Financial modeling and long-term sustainability planning
- Support evaluation of new housing opportunities and capital investments
Asset & Portfolio Management
- Oversee financial asset management functions, including:
- Operating budgets and forecasts
- Reserve tracking and compliance
- Insurance and risk management
- Variance analysis and performance monitoring
- Partner with Facilities and program leadership to align financial performance with operational realities
Cross-Functional Integration
- Act as the primary financial liaison to third-party property management firms; monitor performance, reporting quality, and cost efficiency
- Partner with Procurement and Facilities leadership to:
- Improve vendor oversight and cost controls
- Support capital planning and long-term infrastructure investment strategies
- Strengthen financial visibility across OPEX and CAPEX spend
Team Leadership & Process Improvement
- Supervise, mentor, and develop finance staff supporting housing and affiliate entities
- Lead process improvements, internal control enhancements, and financial system optimization
- Drive standardization of reporting, workflows, and documentation across the portfolio
Capital Planning & Special Projects
- Support enterprise capital planning efforts, including multi-year investment strategies and infrastructure planning
- Participate in cross-department initiatives, system implementations, and strategic finance projects
This role requires active collaboration across Finance, Facilities, Procurement, Development, and external stakeholders. The Senior Manager must be comfortable:
- Managing complex entity structures and regulatory environments
- Engaging with auditors, lenders, syndicators, and government agencies
- Balancing strategic leadership with detailed financial oversight
- Operating in a cross-functional environment with evolving processes and priorities
- Committed to active promotion of ICL values and goals.
- Knowledge of property management & maintenance and operational planning.
- Detailed knowledge of computer systems and programs related to and necessary for the performance of the job.
- Knowledge or inventory management.
- Knowledge of safety related matters.
- Ability to work and collaborate as part of a multi-disciplinary team. Ability to interact well with others and be culturally sensitive to both staff and consumers.
- Ability to react appropriately in emergency situations.
- Ability to lead and supervise and evaluate subordinates.
- Ability to communicate at the highest levels.
- May spend upwards of fifty percent of the workweek in the field traveling within the Greater New York area.
QUALIFICATIONS AND EXPERIENCE:
- Bachelor’s degree in Accounting, Finance, or related field required
- CPA strongly preferred
- 7–10 years of progressive accounting/finance experience, including 3+ years in a leadership role
- Experience with nonprofit and affordable housing structures (e.g., LIHTC, LP, LLC, joint ventures) strongly preferred
- Demonstrated experience managing audits, consolidations, and multi-entity financial reporting
- Strong knowledge of GAAP, internal controls, and nonprofit/real estate compliance frameworks
- Understanding of real estate finance, housing regulations, and funding structures
- Advanced Excel skills; experience with systems such as Sage Intacct, MIP, or similar platforms preferred
- Strong analytical, organizational, and communication skills with the ability to present to executive leadership
- Proven ability to manage competing priorities and operate effectively in a fast-paced, evolving environment
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