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Financial Operations Manager

2 months ago

Tulsa, Oklahoma, United States Vintage Housing INC Full time

The Financial Operations Manager is responsible for overseeing the financial activities of Vintage Housing INC. This role entails managing daily accounting functions and monitoring the financial health of the Vintage Housing portfolio by generating comprehensive reports for senior leadership, stakeholders, lenders, and investors.



KEY RESPONSIBILITIES:

Corporate Accounting (60%):

  • Supervise a team that includes a Senior Accountant and a Staff Accountant, ensuring the accuracy of daily corporate accounting tasks such as journal entry preparation, invoice processing, cash handling, and bank reconciliations for Vintage Housing and its properties.
  • Collaborate with operational and maintenance teams to guarantee adherence to proper invoicing and billing procedures across the portfolio.
  • Serve as the system administrator for accounting software platforms.
  • Ensure thorough documentation of all financial transactions.
  • Establish and document procedures for all accounting functions within Vintage Housing.
  • Prepare monthly financial statements in compliance with US GAAP for both Vintage Housing and its portfolio, to be presented to the Board, Investors, and Lenders.
  • Assist in the preparation for consolidated and property audits, including reviewing audited financial statements and tax returns.
  • Manage local and state tax submissions.

Real Estate Development (30%):

  • Examine organizational and financing documents prior to the commencement of construction projects.
  • Monitor monthly financial reporting obligations for development initiatives.
  • Review entries on project settlement statements.
  • Oversee the bookkeeping for new development projects.
  • Support both the accounting and development teams in reviewing construction draws and lender funding requests.
  • Assist the accounting team in preparing for project cost certifications.
  • Submit equity requests to investors in line with project partnership agreements.
  • Review applications for 4% and 9% Low-Income Housing Tax Credit projects.

Grant Tracking (5%):

  • Assist the accounting team in evaluating grant proposals, budgets, and ensuring compliance with reporting requirements.

Asset Management (5%):

  • Support the preparation and review of property trial balances and monthly journal entries.

EDUCATION AND EXPERIENCE:

  • Bachelor's degree in Accounting is preferred.
  • Experience in public accounting and CPA certification is advantageous.
  • A minimum of five to seven years of relevant experience is preferred, including at least three years in a supervisory role.
  • Experience managing teams of 2 to 5 individuals.
  • Background in real estate is preferred, with familiarity with accounting software a plus.
  • Experience in low-income housing tax credits, affordable housing, or nonprofit sectors is preferred.
  • Strong writing, proofreading, editing, and verbal communication skills are essential.
  • Ability to manage multiple tasks with strong organizational skills and attention to detail.
  • Capacity to work independently and exercise good judgment.
  • A positive attitude and responsiveness are valued.
  • Ability to thrive in a fast-paced work environment.

WORK ENVIRONMENT: This is a full-time, exempt position. Typical workdays are Monday through Friday, totaling 40 hours per week. Occasional evening or weekend hours may be required for community or board meetings related to projects. The primary work environment is an office setting within a nonprofit organization dedicated to providing services to seniors and their families. The activity level is high, and the noise level is moderate. Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.

LIFE Senior Services and Affiliates is an equal opportunity employer, committed to fostering a diverse workforce that reflects the communities we serve.