Housing Specialist
New Hope Services
Housing Finance & Operations Specialist
New Hope Services (NHS) is proudly celebrating 65 years of service to Southern Indiana and our extended service area. NHS has built the capacity to provide a full continuum of human services from child and family support through ability services. Our unique expertise in developing affordable housing allows us to also partner with the communities we serve to have an even greater positive economic and community development impact.
The Housing Finance & Operations Specialist is responsible for supporting the financial management, regulatory compliance, and operational administration of New Hope Services' (NHS) affordable housing portfolio and real estate development activities. This position plays a key role in ensuring accurate financial reporting, compliant program administration, and effective coordination across housing programs including HOME, CHDO, Low-Income Housing Tax Credit (LIHTC), and other funding sources.
ESSENTIAL DUTIES:
- Monthly HOME, CHDO Supplement and Tax Credit billings
- Prepare Construction project draws
- Prepare HOME and CHDO award packets for signatures and submission to State agency
- Prepare and submit CHDO mortgage payoff letters to county clerk for recording
- Prepare journal entry postings for submission to Controller
- Revenue and payment posting
- Monthly reconciliations of receivable, fixed assets, deferred revenue and some payable accounts
- Under the direction of the President, communicate with equity providers, management company, auditors, and bank contacts regarding reports, HOME award info, Tax Credit billing info, etc.
- Reconcile monthly tax credit expenses tracking info to due from accounts
- Prepare 8609s for review to send to State agency and IRS
- Update SAM Registration annually
- Monitor project financial activity to support compliance with funding requirements and project budgets
- Help prepare all final real estate project applications for review
GENERAL DUTIES:
- Provides back-up at reception area as needed
- Perform tasks as requested and held directly responsible to the SVP/CFO
- Serves as a positive role model, exhibits high ethical standards, and promotes the mission and values of NHDS
- Maintain familiarity with and review the personnel policies and procedures of New Hope Services (Employee Handbook)
- Contribute to the team effort to accomplish the mission of New Hope Development Services
QUALIFICATIONS:
- Working knowledge of GAAP
- Strong general ledger, and accounts receivable working knowledge
- Very computer friendly -- spreadsheet proficient (hardware and software)
- Must be proficient in Excel, Word, and Navision
- Must be detail oriented and able to meet deadlines
EDUCATION/YEARS OF EXPERIENCE :
- Associate or Bachelor's Degree in Accounting, Finance, Business Administration or equivalent experience
- 3 - 5 years of experience in accounting, finance, or housing program administration
- Experience with affordable housing programs (HOME, CHDO, LIHTC, or similar) strongly preferred
- Grant management experience a plus
BENEFITS:
- Medical
- Dental
- Vision
- STD
- LTD - company paid
- Life Insurance - company paid
- Employee Assistance Program - company paid
- Accident & Critical Illness
- 401k - annual company match (% varies)
- Paid Vacation, Paid Sick Time, Paid Personal Days, Paid Holidays
*Equal Opportunity Employer
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