Director of Finance

NORTHAMPTON Director of Finance Reporting to the Executive Director, the position is responsible for accounting and financial reporting, cash and liquidity management, budgeting, grants and compliance, and the financial administration of affordable -housing development, tax-credit, financing, and property-portfolio activities. The Director provides management and the Board with timely analysis, maintains effective controls and systems, and works closely with real estate development staff, property managers, funders, lenders, investors, counsel, and outside accountants. Our Ideal Candidate We are seeking an experienced professional to join our collaborative Finance team. This person will work closely with the Executive and other Directors including but not limited to: Financial Management Oversee accounting, including the general ledger, accounts payable and receivable, payroll accounting, restricted funds, intercompany activity, investments, and period-end close. Prepare accurate and timely financial statements for Valley and its related entities in accordance with generally accepted accounting principles (GAAP). Manage the relationship with the audit firm, including scheduling, planning, and preparation of audit work papers and preparation of tax returns. Ensure that annual audits and filing of tax returns are completed in a timely and cost-effective manner. Lead organization-wide cash management, revenue recognition and accounting for the uneven timing of revenue. Review general ledgers monthly and produce monthly financial statements for Valley. Lead and develop finance staff and contractors; establish clear roles, deadlines, review procedures, cross-training, and backup coverage for critical functions. Work with Executive Director and Department Directors to prepare annual operating budgets. Work with Executive Director and Finance Committee to prepare multi-year budgets and analyze trends. Contract and Real Estate Projects: Work with program and project managers to develop budgets for programs, contracts, and real estate development projects. Oversee set up of new accounting entities as required for new development projects. Reconcile debt, interest, financing costs, developer fees, and related balances to the general ledger and audited financial statements. Manage audit and compliance requirements for all affiliated real estate organizations. Maintain debt schedules for all soft and permanent debt in accordance with appropriate regulations. Prepare annual cash flow calculations and forms to submit to funders. Oversee preparation of cost certifications Oversee preparation of invoices and fiscal reports for contracts with city, state, and federal funding agencies. Work with program managers to monitor contract costs and billing issues. Perform other related duties as required. Qualifications: 10+ years of broad finance and accounting experience that includes accounting, budgeting, control, and reporting preferably for a complex nonprofit. Experience with real estate development accounting. Knowledge of the affordable housing industry including LIHTC is desirable. MBA or BA in Accounting preferred CPA or audit experience in real estate and nonprofits preferred Computer proficiency required including full Office Suite. Working knowledge of NetSuite or similar accounting software beneficial. Excellent written and oral communications skills. Demonstrated leadership ability, team management, and interpersonal skills. Excellent analytical and abstract reasoning skills plus excellent organization skills. Communicates proactively and collegially with colleagues, keeping others informed and working collaboratively. For more details please see website. https://www.valleycdc.org/