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Lihtc Asset Manager Jobs in Rochester, NY (NOW HIRING)

... LIHTC partnerships preferred. * Experience with NetSuite, Yardi Voyager, MRI, or comparable ERPs and property management systems preferred. * Experience implementing a new accounting standard or ...

Senior Accountant

Rochester, NY · On-site

$95K - $105K/yr

... LIHTC partnerships preferred. * Experience with NetSuite, Yardi Voyager, MRI, or comparable ERPs and property management systems preferred. * Experience implementing a new accounting standard or ...

Lihtc Asset Manager information

See Rochester, NY salary details

$35K

$92.9K

$162.3K

How much do lihtc asset manager jobs pay per year?

As of Aug 7, 2026, the average yearly pay for lihtc asset manager in Rochester, NY is $92,874.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,500.00 and $107,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a LIHTC asset manager, and why are they important?

To thrive as a LIHTC Asset Manager, you need expertise in affordable housing compliance, financial analysis, and property management, usually backed by a degree in finance, real estate, or a related field. Familiarity with compliance tracking systems, property management software (such as Yardi or RealPage), and knowledge of LIHTC regulations or certifications (like HCCP) are essential. Strong attention to detail, analytical thinking, and effective communication skills help you manage complex portfolios and work with multiple stakeholders. These skills ensure regulatory compliance, optimize property performance, and maximize the value of low-income housing tax credit assets.

What are some common challenges faced by LIHTC asset managers, and how can they be navigated?

LIHTC Asset Managers often face challenges such as ensuring ongoing property compliance with IRS and state housing agency regulations, coordinating with property managers to address operational issues, and managing multiple stakeholders including investors, syndicators, and property staff. Staying organized and proactive in monitoring compliance deadlines and financial reporting is essential. Regular communication with site teams and stakeholders helps address issues early, while ongoing professional development can keep managers up-to-date on changing regulations and best practices in affordable housing asset management.

What is the difference between Lihtc Asset Manager vs Lihtc Property Manager?

AspectLihtc Asset ManagerLihtc Property Manager
Primary RoleOversees financial performance, compliance, and asset management of LIHTC propertiesManages daily operations, maintenance, and tenant relations at individual properties
CredentialsOften requires real estate, finance, or property management certificationsTypically requires property management experience and leasing certifications
Work EnvironmentCorporate or regional office, focusing on financial and compliance reportsOn-site at properties, handling tenant issues and property maintenance

The Lihtc Asset Manager focuses on the financial health and compliance of LIHTC portfolios, while the Lihtc Property Manager handles day-to-day property operations and tenant relations. Both roles are essential but differ in scope and responsibilities within the LIHTC industry.

What is a LIHTC asset manager?

LIHTC Asset Managers are professionals responsible for overseeing and managing properties financed through the Low-Income Housing Tax Credit (LIHTC) program. They ensure that these properties remain compliant with program regulations, monitor financial performance, and coordinate with property managers and investors. Their work includes reviewing financial reports, conducting site visits, and addressing any compliance or operational issues that arise. Ultimately, their goal is to maximize the long-term value and success of LIHTC properties while maintaining affordable housing standards.
What are popular job titles related to Lihtc Asset Manager jobs in Rochester, NY? For Lihtc Asset Manager jobs in Rochester, NY, the most frequently searched job titles are:
What job categories do people searching Lihtc Asset Manager jobs in Rochester, NY look for? The top searched job categories for Lihtc Asset Manager jobs in Rochester, NY are:
What cities near Rochester, NY are hiring for Lihtc Asset Manager jobs? Cities near Rochester, NY with the most Lihtc Asset Manager job openings:
Infographic showing various Lihtc Asset Manager job openings in Rochester, NY as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $92,874 per year, or $44.7 per hour.

$95K - $105K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 23 days ago


Job description

Description

POSITION DETAILS


  • Full-Time
  • Exempt
  • 37.5 Hours Per Week
  • Monday - Friday
  • 8:30 AM - 5:00 PM


GENERAL DESCRIPTION

The Senior Accountant is the accounting team's go-to for the harder problems: multi-entity consolidations, technical GAAP research, lease accounting, audit lead work, and the kind of judgment calls that don't have a checkbox answer. The role also carries a meaningful transactional workload, owning a defined set of complex journal entries, reconciliations, and close deliverables each month. The mix runs roughly 60% technical /40% transactional in a normal month, with the transactional share leaning heavier   during close weeks and the technical share leaning heavier during audit, standard adoption, and year-end reporting cycles.

The role sits under the Corporate Controller and works closely with Executive Leadership; AP; Treasury; Residential Accounting; Development Accounting; external auditors; and tax advisors. Because the finance team is dispersed between Denver and Rochester, strong written communication, self-direction, and disciplined follow-through are non-negotiable.


JOB DESCRIPTION

Consolidations, reporting, and technical accounting

  • Own the monthly, quarterly, and annual corporate consolidation, including eliminations, intercompany reconciliations, and stand-alone and consolidated GAAP financial statements for board, lender, and management reporting.
  • Serve as the team's first stop on technical accounting questions (leases, revenue recognition, business combinations, equity method, debt modifications), draft accounting memos that hold up to audit, and monitor new FASB standards through adoption.
  • Partner with the Corporate Controller on accounting guidance for new deal structures, joint ventures, refinancings, and unusual transactions.

Audit and tax coordination


  •  Own the annual external audit day-to-day, including PBC list, timeline, auditor communication, and internal review of adjustments and final financial statements.
  • Coordinate with external tax advisors on corporate filings, extensions, quarterly estimates, workpapers, and book-to-tax reconciliations, and partner with Residential/Development Accounting where corporate and partnership tax intersect.
  • Support state, local, and other tax filings and manage responses to tax notices.

Close and complex accounting execution

  • Own a portfolio of complex monthly entries and reconciliations (consolidation eliminations, equity method, lease accounting, debt and interest accruals, intercompany, fixed assets).
  • Support the corporate close end-to-end: post entries, resolve variances, tie sub-ledgers to the general ledger, and clear open items on the close calendar.
  • Partner with the Financial Systems Administrator on NetSuite-driven automation to reduce manual close work overtime.

Controls, process, and team


  •   Maintain and test key internal controls in the technical accounting area and document processes, recurring entries, and judgment-based positions so they survive turnover.
  • Serve as a technical resource for the broader accounting team, reviewing complex work and contributing to training on new standards and systems.
  • Identify control gaps, process pain points, and improvement opportunities and drive them to resolution. 


Requirements

EXPERIENCE

  • 5+ years of progressive accounting experience, with at least 2 years actively performing senior-level technical work (consolidations, audit lead, technical accounting memos, GAAP research).
  • Hands-on experience with multi-entity consolidations, including intercompany eliminations and stand-alone vs consolidated reporting.
  • Experience leading or substantially supporting an external financial statement audit as the client-side owner of PBC and auditor coordination.
  • Public accounting experience (Big 4 or national firm) preferred, with audit or transaction services background.
  • Industry experience in real estate, real estate funds, REITs, affordable housing, or LIHTC partnerships preferred.
  • Experience with NetSuite, Yardi Voyager, MRI, or comparable ERPs and property management systems preferred.
  • Experience implementing a new accounting standard or supporting an ERP implementation from the technical accounting side preferred. 
  • Strong working knowledge of US GAAP, including ASC 842 (leases) and ASC 606 (revenue recognition); familiarity with ASC 805 (business combinations) and ASC 810 (consolidations) a plus.
  • Excellent technical writing: ability to draft a clean accounting memo that an auditor will accept.
  • Strong Excel: advanced formulas, pivot tables, data integrity discipline; comfortable building and maintaining a complex consolidation workbook.
  • Track record of working independently, managing competing deadlines, and driving items to closure without hand-holding.
  • Clear, direct communication with auditors, senior leaders, and cross-functional partners.
  • Comfort with AI and automation tooling for accounting research, memo drafting, and data analysis. 
  • Familiarity with partnership accounting concepts and how partnership reporting interacts with corporate-level books. 


EDUCATION / CERTIFICATIONS


  •  Bachelor's degree in Accounting required (Master's in Accounting or Taxation preferred).
  •  CPA strongly preferred; non-CPA candidates with strong technical chops and a clear path to license also considered. 

Conifer Realty is a professional, service-oriented organization offering a competitive compensation package commensurate with experience, along with excellent benefits that include ongoing training and development, 13 holidays, 15 days paid time off, 401K with company match, medical, HSA, dependent care Flex account, dental, vision; company-paid life, short and long-term disability insurances; and a wellness program.   

The salary rage for this position is $95,000.00 - $105,000.00. The actual compensation may vary depending on a wide range of factors, including experience, skills, qualifications, certifications, location, etc. This range does not include additional forms of compensation such as bonuses.   

APPLY TODAY via our website link: http://www.careersatconifer.com complete our application process and attach your resume. You will hear directly from the hiring manager on next steps in the process. Thank you for your interest in joining the Conifer Team!   

Conifer Realty LLC is an Equal Opportunity Employer and does not discriminate on the basis of any legally protected status or characteristic. Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran.