Assistant Comptroller

Due to an internal promotion, S&W has been retained by MassHousing to lead the search and selection process for the organization's next Assistant Comptroller.

Created by the state legislature in 1966, MassHousing is a quasi-public agency with the mission of improving the lives of the people of Massachusetts by providing financing for affordable housing. The primary business model of the organization is as a spread lender, raising capital by selling bonds, and using the proceeds from those bond sales to finance low- and moderate-income housing options. As the housing crisis in parts of Massachusetts accelerates, the work being done by MassHousing continues to take on greater meaning. The largest portion of MassHousing's portfolio is in multifamily development, whereby the organization provides financing directly to developers who either build or preserve affordable or mixed-income rental housing. Additionally, the organization maintains a network of conduit banks throughout the Commonwealth for the purpose of financing single family homes. MassHousing both sells these loans to the secondary market servicing retained and manages its own portfolio of approximately $7.1B in loans. As the organization has grown in size, complexity, and in recognition of its capabilities, so have the programs that it administers and initiatives that it leads, including but not limited to The Massachusetts Community Climate Bank ("MCCB"). The MCCB was formed to accelerate investments to decarbonize the state's building sector and promote an equitable transition to clean energy.

Reporting to the Comptroller, the Assistant Comptroller will assist the Comptroller in managing the accurate and timely preparation of the Company’s internal and external financial reporting, ensure GAAP compliance, and lead the day-to-day accounting operations. The successful candidate will bring broad-based accounting expertise within a real estate lending business and ideally hold a CPA.