National Housing Trust (NHT), the only national nonprofit engaged in housing preservation through public policy advocacy, real estate development and lending, seeks a seasoned real estate finance professional to serve in the newly created position: Controller – Real Estate. This Controller will lead the operational accounting for NHT’s real estate and solar energy portfolios as NHT builds its internal capacity to impact its vision for quality, healthy neighborhoods with a range of housing options so families of all income levels have an opportunity to thrive.
Incorporated in 1986, the National Housing Trust’s mission is to create and preserve affordable homes to provide opportunity, advance racial equity, reduce economic disparities, and strengthen community resilience through practice and policy. NHT is the nation’s leading expert in preserving, improving and maintaining affordable housing – ensuring that privately owned rental housing remains in our affordable housing stock and is sustainable over time. Using the tools of real estate development, rehabilitation, finance, policy advocacy in conjunction with sustainable practices, NHT engages in policy work in all 50 states and owns over 4,200 units of multifamily housing across 13 states and the District of Columbia. Since 1988, NHT has preserved and improved more than 36,000 affordable homes through real estate development, lending, and technical assistance.
NHT advances its work through policy innovation, lending, real estate development and energy solutions. The two areas this position will support include:
Headquartered in Washington, DC, NHT is an award-winning nonprofit with a focused agenda. NHT has a staff of 35 across its five business lines – public policy, lending (NHT Community Development Fund and Institute for Community Economics), real estate development (NHT Communities), Community Outreach and Impact, and energy solutions (NHT Renewable). Reporting to the CFO, the Real Estate Controller will thrive in a fast-paced environment, working with dedicated and entrepreneurial colleagues. The Controller will lead operational accounting for real estate development and energy solutions, with a current budget of $5 million, and will manage the 3-staff real estate accounting team. NHT Communities real estate portfolio is expected to grow. For more information, please visit https://www.nationalhousingtrust.org/.
A critical new position for an experienced CPA professional, the Controller supports NHT’s real estate development and energy solutions portfolios, provides operational accounting over a $250 million multi-entity real estate enterprise, and will lead the day-to-day functions of the real estate accounting team (3 staff). Chief responsibilities include real estate development project accounting, implementing appropriate accounting procedures, preparing financial statements, monthly close, maintaining the general ledger, and special projects as needed. The Controller will work closely with NHT Communities (partner or sole owner of over 30 housing communities), NHT Renewable, Community Outreach and Impact, and third-party property management accounting departments.
The Controller’s responsibilities include, and are not limited to:
Accounting, Budgeting & Reporting
Compliance & Internal Controls
Management & Collaboration
NHT uses Sage Intacct accounting platform, Avid for Accounts Payable, and Microsoft Office.
This position’s salary grade is at market and ranges from a minimum of $100,200 to a maximum of $167,200. NHT is anticipating hiring at the mid-point salary level. NHT’s benefits are considered competitive.
SKILLS AND ATTRIBUTES
Successful candidates for this role will demonstrate real estate operational accounting expertise, capacity to work with other departments and external stakeholders, and effective team leadership skills. Candidates will bring the following:
National Housing Trust (NHT), the only national nonprofit engaged in housing preservation through public policy advocacy, real estate development and lending, seeks a seasoned real estate finance professional to serve in the newly…
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About Raffa – Marcum’s Nonprofit & Social Sector Group
On behalf of NHT, Raffa – Marcum’s Nonprofit & Social Sector Group is working with the organization to advance the search. Founded in 1984 and merged with Marcum, Raffa is, and always has been, a mission-driven professional services firm seeking to do more for nonprofits and socially conscious companies like NHT. Learn more about our work at http://marcumllp.com/industries/nonprofit-social-sector.