What are the responsibilities and job description for the Financial Manager position at Cortland Acres Association?
We are seeking a skilled and motivated Finance Manager to join our dynamic team. The ideal candidate will be responsible for overseeing financial operations and functions of a non-profit affordable housing complex and senior living community. This includes budgeting, financial reporting, rent collection oversight, accounts payable/receivable, compliance with regulations and reporting of HUD and USDA, invoicing, supporting the long-term financial sustainability of the property, and working closely with property management to ensure the financial health and transparency of the property.
Key Responsibilities:
- Work with the Property Director to develop, manage, and track the annual operating budget.
- Set up and maintain QuickBooks and oversee daily accounting operations.
- Prepare timely and accurate financial reports (monthly, quarterly, and annually) following all required standards.
- Monitor revenue and expenses, analyze variances, and recommend improvements.
- Oversee rent collection, tenant payment posting, and account reconciliation, including subsidy tracking (e.g., Section 8, HUD, USDA).
- Manage accounts payable and receivable, ensuring timely vendor payments and income collection.
- Maintain financial records in compliance with federal, state, and funder requirements.
- Develop and implement accounting policies and procedures.
- Coordinate audits and prepare financial documents for funders.
- Support capital project budgeting and maintenance reserve planning.
- Ensure compliance with all financial policies, procedures, and reporting standards.
- Assist with grant tracking and reporting for publicly funded properties.
- Regularly update the Property Director on financial matters.
- Work with property and resident services staff to support resident housing stability through financial oversight.
Qualifications & Skills:
- Bachelor's degree in Accounting, Finance, or a related field (CPA or MBA preferred).
- Experience in financial operations (3 years, preferred).
- Strong knowledge of accounting principles and financial reporting.
- Strong analytical skills and attention to detail.
- Proficiency in financial software systems (e.g., QuickBooks).
- Excellent organizational, analytical, and communication skills.
- Ability to work independently and manage multiple priorities.
- Experience with HUD, LIHTC, or other affordable housing programs is a plus.
- Commitment to the mission of affordable housing and service to seniors.
Job Type: Full-time
Pay: $55,000.00 - $65,000.00 per year
Benefits:
- Health insurance
- Paid time off
Schedule:
- Monday to Friday
- On call
Ability to Commute:
- Thomas, WV 26292 (Required)
Ability to Relocate:
- Thomas, WV 26292: Relocate before starting work (Preferred)
Work Location: In person
Salary : $55,000 - $65,000