Development Financial Manager (Finance)

ESSENTIAL DUTIES AND RESPONSIBILITIES:
The below statements are intended to describe the general nature and scope of work being performed by this position. This is not a complete listing of all responsibilities, duties and/or skills required.
Direct financial funding of projects in Construction/Development phase, many of which will simultaneously be in
Operations phase.
Collaborate with CMHA Property Management, Procurement, Legal, Finance & Accounting, Real Estate Construction,
Compliance and Relocation departments to coordinate costs, compliance/reporting, and timing of funding delivery for each project.
Understand and collaborate with executive management to structure and negotiate agreeable terms with partners,
investors and lenders.
Manage CMHAs partnership commitments regarding Reserve Accounts for entities and approval of capital expendituresMonitor financial details to ensure that lender requirements are met.Review financial reports to improve budgeting and planning.Analyze financial statements to prepare business activity reports and forecasts.Analyze public housing portfolio to optimize conversion to Section 8 funding platform.Participate as a member of the management team to make financial decisions.Direct Development Analysts during development of construction budget and structuring funding, ensuring underwriting and loan closeout processes.Establish and maintain relationships to communicate and interact with outside parties, including but not limited to lenders, lawyers, professional tax preparers and independent auditors.Perform additional duties as assigned.