RNDC Comptroller

Job Description

Job Description

The Comptroller will handle high-level accounting, managerial accounting, and oversee the financial activities of the subsidiary Renaissance Neighborhood Development Company (RNDC). As head of RNDC accounting, The Comptroller will be responsible for the accurate financial analysis and audit readiness for multiple affordable rental housing properties in various stages of our development, including those in pre-development and construction as well as our stabilized portfolio of properties working alongside RNDC’s Finance and Accounting Manager. Under the general direction of the Chief Financial Officer, the Comptroller advances the mission of RNDC through the fulfillment of its strategic plan and the continued growth of our housing portfolio.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Partner with Development Directors on finance closings and ensure proper fund flow during project launch.
• Process monthly construction draws and confirm timely contractor payments.
• Fulfill financial conditions throughout development phases.
• Maintain relationships with lenders and funders; ensure tax efficiency in for-profit transactions.
• Supervise RNDC accounting operations, including reconciliations and oversight of Accounting & Finance Manager.
• Maintain books for General Partner entities and review monthly YARDI reports and financial statements.
• Coordinate with Property Management on financial corrections and handle reserve withdrawals per partnership agreements
• Prepare cost summaries and forecasts for audits; create certifications at project completion.
• Manage project audits and serve as liaison for RNDC audits.
• Set up and reconcile project bank accounts; maintain 3-year cash forecast projections
• Prepare 13 Week Cash forecast on a biweekly basis
• Submit RNDC operating budgets and provide financial reports as required.
• Support CFO with board reporting and respond to funder and lender inquiries.
• Perform other related duties as assigned.

ADDITIONAL DUTIES AND RESPONSIBILITIES (Non-essential)

• Adhere to the designated dress code as stipulated for the specific role.

SUPERVISORY DUTIES:

• Supervises Finance and Accounting Manager directly. Provides additional indirect supervision over Property Accountants.
• Provides collaborative expertise and functional direction to the property management function directors and managers with respect to accounting and finance duties. 

KEY CONTACTS

Maintains critical relationships with the following:

• The Louisiana Housing Corporation, Office of Community Development and local municipalities across Louisiana. 
• Lenders, investors, and other members of each project’s finance team
• Third party consultants and contractors

 

KNOWLEDGE, SKILLS AND ABILITIES:

This position requires knowledge, skills and abilities equivalent to:

• Bachelor’s degree in accounting
• CPR Preferred
• Minimum five years’ experience in Accounting/Finance, with affordable housing, and Tax Credit experience preferred
• Progressive Management experience
• Interpersonal skills necessary to effectively delegate, manage and motivate other employees
• Sound and accurate judgment with an ability to support and explain reasoning for decisions
• Good vendor management skills, including negotiating skills and ability to influence as needed
• Strong oral and written communication skills
• Experience using property management accounting system software. YARDI experience preferred
• Office including Outlook, Word, and Excel
• Ability to work flexible hours
• Includes appropriate people in the decision-making process; and ensure timely decisions are made.
• Team-building skills to encourage collaboration and communication amongst key internal & external partners.

PHYSICAL REQUIREMENTS

The work environment characteristics and physical demands described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Flexible remote work may be available for this position on a case-by-case basis. This position will require the employee to provide personal transportation to in-person work setting a maximum of 5 days a week.

• Work is primarily performed in an office environment while seated at a desk.
• The office environment requires interaction with staff and external partners. 
• May be subjected to multiple interruptions throughout the workday
• Dexterity is used while performing work with personal computer keyboard, calculator and other office equipment. 
• Driving to local (frequently) and some state-wide (occasionally) functions.
• While performing the duties of this job the employee is frequently required to sit, stand, walk, use hands to finger, handle, or feel and talk or hear, or carry light training materials and/or equipment.

Work is primarily performed in an office environment while seated at a desk. Dexterity is used while performing work with personal computer keyboard, calculator, and other office equipment. Driving to local (frequently) and some state-wide (occasionally) functions.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.