Assistant Controller - Affordable Housing

Assistant Controller - Affordable Housing

A well-established affordable housing owner/developer is seeking an experienced and detail-oriented Assistant Property Controller to support the accounting and financial reporting functions across a growing affordable housing portfolio. This individual will play a key role in overseeing property-level accounting operations, ensuring compliance with affordable housing regulations, and supporting month-end and year-end close processes.

The ideal candidate will bring a strong foundation in affordable housing accounting, experience working with multi-entity real estate portfolios, and the ability to operate in a collaborative, fast-paced environment. Experience with affordable housing programs including LIHTC, HUD, and other regulated housing structures is required. Yardi experience is strongly preferred.

Responsibilities:

• Assist with oversight of accounting operations for a portfolio of affordable housing properties and related entities
• Review monthly financial statements, general ledger activity, bank reconciliations, and supporting schedules
• Support month-end, quarter-end, and year-end close processes
• Ensure compliance with LIHTC, HUD, HDC, bond-financed, and other affordable housing regulatory requirements
• Coordinate with property management teams, asset management, development, and external auditors
• Review and analyze property operating results, budgets, variances, and cash flow activity
• Assist with preparation of lender, investor, and regulatory reporting packages
• Support annual audits, tax return preparation, and investor reporting requirements
• Monitor internal controls and accounting policies to ensure accuracy and compliance
• Assist with process improvements and implementation of accounting best practices
• Mentor and support junior accounting staff as needed

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field required
• CPA a plus
• 5+ years of real estate accounting experience with significant exposure to affordable housing
• Strong knowledge of LIHTC and affordable housing accounting/reporting requirements required
• Experience with multi-entity and partnership accounting structures
• Yardi experience strongly preferred
• Advanced Excel skills and strong financial analysis capabilities
• Excellent organizational, communication, and interpersonal skills
• Ability to manage multiple priorities and deadlines in a dynamic environment