Finance Manager

GENERAL SUMMARY

The Finance Manager is responsible for the implementation of funding executions for Housing New Mexico's Single Family Program utilizing various financing mechanisms. This includes management of program performance, compliance with regulatory requirements, and all auxiliary duties as required.

Additionally, this position oversees bond issuances for Housing New Mexico multifamily rental projects, develops partnerships and interacts with the Housing New Mexico Financing Team, and supports other finance functions as required.

ESSENTIAL DUTIES & RESPONSIBILITIES

The intent of this job description is to provide a representative summary of the major duties and responsibilities performed by incumbents of this job. Employees may be requested to perform job-related tasks other than those specifically presented in this description.

• Manage the activities of the Finance Department and ensure efficient daily operation, which includes planning, coordinating, administering, and evaluating programs, projects, processes procedures, software systems, best practices, and standards.
• Manage the bond issuance process for both Single Family and Multifamily programs, including evaluation of refunding of existing bond issues, analysis of profitability and distribution, and review of all bond issuance documents as appropriate.
• Assist in managing To Be Announced (TBA) program profitability, set mortgage rates daily, and participate in weekly rate-setting activities.
• Support Chief Financial Officer in responding to rating agency and investor inquiries as needed.
• Create and distribute various reports, data analyses, and presentations to the Board and stakeholders.
• Coordinate and oversee the performance of finance-related professional service providers, including the development of requests for proposals, award recommendations, and contracts.
• Assist in managing Single Family Program assets and liabilities in accordance with Housing New Mexico strategy and policies.
• Model and analyze financial forecasts.
• Monitor compliance with bond resolutions and indentures, including excess revenue calculations and redemption functions.
• Manage the Housing New Mexico investment portfolio in accordance with Housing New Mexico strategy and policies and prepare quarterly investment portfolio reporting packet.
• Assist in special projects involving financial analysis and reporting.
• Perform other related duties of a similar nature and level as assigned.
• Employees are required to comply with safety regulations, procedures, and protocols.

MINIMUM QUALIFICATIONS

Education and Experience

Four-year degree required in finance, accounting, economics, or related field; advanced degree preferred. Four years of experience required in the field. A Master's degree will substitute for two years of four years' experience required. Experience with housing bonds finance, including tax-exempt bond transactions, investment portfolio management, and daily interest rate setting in the mortgage or banking industry preferred.

Experience cannot substitute for a degree for exempt positions.

Conditions of Employment

• None

KNOWLEDGE, SKILLS, and ABILITIES

• Decision-making, management, and leadership skills
• Ability to manage complex projects
• Critical thinking, analytical and problem-solving skills
• Background in the use of computer software, including specialized software applicable to the position
• Knowledge of industry best practices
• Ability to adapt to changes in work situations and priorities
• Exercise good judgment
• Collect, organize and interpret data
• Read, analyze and interpret standards, policies, procedures, and regulations
• Develop and write reports, policies, procedures, correspondence, and presentations
• Ability to present complex ideas to a variety of stakeholders
• Establish and maintain constructive and cooperative interpersonal relationships with employees, peers, supervisors, and managers in the work unit, other Housing New Mexico departments, and with outside partners and services providers
• Ability to analyze the dynamics of complicated financial structures, including housing bonds
• Ability to read and interpret complex legal documents
• Strong financial analysis skills

Core Expectations

• Provide Customer Service to internal and external customers 100% of the time.
• Demonstrate a Positive Attitude.
• Demonstrate respectful behavior.
• Foster teamwork and collaboration.
• Exhibit honesty and integrity in communications and actions.
• Take initiative.
• Dependable, Reliable, Adaptable Productive.
• Strive to become the subject matter expert in your position.

WORK ENVIRONMENT

The work environment characteristics 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 essential functions.

Work is performed in a standard office or indoor environment. Essential functions are regularly performed without exposure to adverse environmental conditions. However, employees may be exposed to minor inconveniences such as occasional noise, exposure to computer screens, crowded working conditions, and/or minor heating, cooling, or ventilation problems.

PHYSICAL DEMANDS

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 essential functions.

Performing the essential functions typically requires exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently. The work involves sitting most of the time.

The work typically involves talking, hearing, and seeing; keyboarding, typing, and use of a computer monitor; moving and organizing papers and other light office materials; filing and retrieving documents; and similar sedentary office work.

**Housing New Mexico is an Equal Opportunity Employer.