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A Boston-based real estate development and management firm is seeking a Finance Manager / Controller to play a key role in the financial stewardship and long-term planning of its affordable housing portfolio. Reporting directly to the CFO, this position combines hands-on accounting leadership with exposure to complex financing structures and capital markets activity, offering a clear path for growth into a broader finance leadership role.
Job Responsibility:
Lead real estate accounting activities across a portfolio of affordable housing assets
Oversee monthly and annual close processes, account reconciliations, and audit preparation
Partner with external auditors, tax professionals, and advisors to ensure timely and accurate reporting
Ensure compliance with affordable housing regulations, subsidy requirements, and internal controls
Maintain clear, well-documented, and defensible accounting practices as a foundation for broader financial decision-making
Support and/or lead financial analysis related to LIHTC, tax-exempt bonds, FHA and Fannie Mae financing, RAD, HOME, and other layered subsidy programs
Evaluate project feasibility, capital sources, and long-term financial performance
Identify compliance considerations, execution risks, and timing implications across multiple housing programs
Underwrite affordable housing transactions and participate in deal evaluation
Build and maintain detailed financial models, including LIHTC models
Work directly with lenders, investors, government agencies, and public finance entities
Support financing negotiations and manage ongoing lender and investor relationships
Develop a strong understanding of institutional risk assessment and capital provider perspectives
Requirements:
Bachelor’s degree in Accounting or Finance
Approximately 7–10 years of relevant experience
Strong foundation in real estate accounting
affordable housing experience strongly preferred
Exposure to LIHTC structures and complex, multi-layered capital stacks
Experience with Yardi or a comparable real estate ERP system
Highly analytical with an interest in strategy, growth, and long-term value creation
Comfortable operating in a hands-on, dynamic environment