About MHANY

MHANY Management, Inc. (“MHANY”), a mutual housing association, is a not-for-profit community and housing development organization that owns and manages over 2,500 affordable rental apartments throughout New York City and in Patterson, New Jersey. MHANY also provides free-of-charge counseling for first time home buyers and foreclosure prevention for homeowners. MHANY’s mission is to promote social, racial and economic justice for low-income New Yorkers. The successful candidate must believe in MHANY values and be driven by its mission as it is applied towards the development and operation of quality affordable housing to low- and moderate-income individuals and families.

Position Overview

MHANY is seeking a talented, experienced leader to join our team of Finance Directors. Working collaboratively, the Finance Director will help guide the financial operations of the organization at a critical time of growth and opportunity.

Each Financial Director is responsible for providing leadership, management, planning and enhancement of our internal financial systems, processes, and infrastructure. The Finance Directors’ core responsibilities are to oversee the smooth running of the business from a financial perspective, ensuring that there are strategies and controls in place to keep the business in good fiscal health and ensure timely financial reporting to the organization’s Executive Director, Chief Financial Officer, Board of Directors, development partners, investors and funders.

The Finance Directors are members of MHANY’s senior management team and report directly to the Chief Financial Officer and the Executive Director.

Responsibilities

The responsibilities of the Finance Director include but are not limited to:

Managing Day-to-day operations of the Finance Department including the implementation of financial management systems that adhere to standard accounting and any related regulatory requirements and supervision of the finance team, including accounts payable and accounts receivable staff
Executing short- and long-range financial operation protocols and procedures that support the plans, policies and programs of the organization
Conducting internal control audits to be sure the organization is in compliance with legal and ethical business practices
Staying current on accounting updates and their impact on the organization, as well as implementing any required updates
Exercising a high degree of professionalism, ethics, and self-motivation using personal initiative to identify and recommend best practices
Ensuring timely processing and recording of the organization’s financial transactions including receivables, management fees, marketing fees, grants, contracts and developer fees
Reviewing the weekly invoice input and processing invoice posting, ensuring proper coding and posting period of invoices
Reviewing and reconciling the month-end Accounts Payable Aging for each entity and assisting with daily cash flow management process
Completing monthly bank reconciliations in order to conduct timely monthly reviews of all financial activities
Identifying and resolving accounting discrepancies, reconciling inter-company accounts, and recording journal entries
Monitoring financial activities for new projects and developments including preparation of initial audit, cost certification and compliance reporting
Preparing and/or overseeing the organization’s financial reporting including preparation and document collection for audits and monthly, quarterly and annual financial reports
Working with third party accounting firm to ensure timely filings of audits and tax returns in a fast-paced, deadline driven environment
Providing trainings, mentorship and guidance to the other members of Finance Department as needed
In collaboration with the Chief Financial Officer and the Executive Director, monitoring the performance of the organization’s investments and reconciling the investment activities in the accounting system on a monthly basis
Together with the Executive Director, Chief Financial Officer and other senior staff, developing operating budget of the organization and each entity
Preparing Monthly Variance reports and analyzing any considerable positive or negative variances
After reviewing with the Chief Financial Officer and Executive Director, making necessary adjustments and adding variance comments and distributing the approved monthly reports to partners or funders as required
Perform other duties as assigned by the Chief Financial Officer and/or Executive Director

Skills and Qualifications

Candidates should have a passion for the internal workings of financial management and developing efficient, effective systems and processes. Candidates should be highly organized, detail-oriented and adept at handling multiple projects simultaneously in a high-volume, fast-paced environment. Candidates should be trustworthy, collaborative and share the core values of the organization. Experience in housing and/or development organizations is a plus.

Bachelor’s Degree in accounting / finance required
CPA and (or) advanced degree preferred
Minimum of 8 years of related work experience, including a track record of senior-level leadership, ideally with not-for-profit organizations and in the fields of housing, real estate and development
Familiarity with relevant fiscal and taxation policies and regulations and excellent financial management experience
Good professional ethics, strong professionalism and sense of responsibility, integrity, credibility and stability
A positive track record of stabilizing and supporting not-for-profit organization sustainability and growth
Substantial experience working directly with a Board of Directors (or comparable governing entity)
A track record of leading, motivating and developing high performing teams
Strong interpersonal skills to support leadership, management, negotiation and problem-solving functions
Excellent judgment and discretion; ability to handle multiple priorities simultaneously, meet deadlines, and handle work-related stress in a professional manner
Courteous, customer service-oriented, professional and responsive in a fast-paced, time sensitive environment
Ability to remain level-headed and professional in stressful situations and maintain a positive attitude even during difficult times
Detail oriented while able to see the whole picture and intertwining pieces
Work independently and productively yet collaboratively with internal staff and external stakeholders

Location

This position is based in Brooklyn, NY.

MHANY is an equal opportunity employer.

Job Type: Full-time

Pay: $90,000.00 - $110,000.00 per year

Benefits:

401(k)
Dental insurance
Health insurance
Paid time off
Vision insurance

Schedule:

Monday to Friday

Work Location: In person

MHANY Management, Inc.

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