Real Estate Development Financial Analyst Jobs (NOW HIRING)

Note: This job will be posted through 11:59 PM of the day prior to the end date listed.
Current Washington County Employees: Please apply through the employee portal to be considered for this opportunity.
Job Type:
Regular
Pay Range:
$90,615.36 - $110,120.04 Salary
Department:
Housing Services
FLSA Exemption Status:
Exempt
About the Opportunity:
The Department of Housing Services is currently searching for its next Real Estate Development Financial Analyst to serve our mission of creating pathways out of homelessness, promoting housing stability, and investing in affordable communities for Washington County and our residents.
The Financial Analyst serves as the Housing Authority's primary finance and accounting business partner for affordable housing real estate development, providing financial analysis, monitoring, reporting, and accounting support throughout the development lifecycle. The position supports the development and monitoring of project budgets and cash-flow forecast; reviews construction draws, invoices, development loans, contracts, and funding agreements; tracks project expenditures, revenues, and financing sources; supports accurate revenue recognition, reconciliations, year-end close, and financial reporting; monitors compliance with funding requirements and Low-Income Housing Tax Credit (LIHTC) partnership agreements; and coordinates financial information and documentation needed for the annual audits of the Authority's limited partnerships.
Working closely with development staff and consultants, public and commercial funders, property partners, external accountants and auditors, and Housing Authority finance leadership, the position identifies financial risks and issues, explains financial requirements, and provides timely analysis and recommendations to support sound project and program decisions.
Ideal Knowledge, Skills, and Abilities (KSAs):

• Strong foundation in GAAP, governmental finance, and accounting, with the ability to apply those principles to complex real estate development transactions.

• Demonstrated ability to analyze project budgets, cash flows, revenues, expenditures, and financing sources; identify emerging risks; and recommend corrective action.

• Experience reviewing and reconciling construction draws, invoices, loans, contracts, or other detailed financial records for accuracy, allowability, and compliance.

• Ability to interpret and apply funding agreements, partnership documents, and applicable federal, state, and local requirements, including requirements associated with affordable housing and LIHTC projects.

• Ability to process complex general ledger adjustments, including real estate transactions, dispositions, financing, period-end close adjustments and the placement and capitalization of physical property assets.

• Coordinates with Auditors and Development for timely cost certification audits, tax returns and financial audits during the development period and the first year of operations.

• Sound judgment and problem-solving skills when researching discrepancies, resolving complex financial issues, and determining when issues should be elevated.

• Ability to communicate complex financial and accounting requirements clearly to development staff, community partners, leadership, and external auditors.

• Strong organizational skills and attention to detail, with the ability to manage multiple projects, reporting requirements, audit requests, and deadlines simultaneously.

To review the complete classification, including the full list of knowledge, skills, and abilities (KSAs) associated with this position, use this link: Financial Analyst.
Minimum Qualifications
Education and Experience:

• A Bachelor's Degree in finance, accounting, economics, statistics, or a related field; AND two (2) years of progressively responsible professional experience performing budgetary or financial analysis, or auditing; OR

• An Associate's Degree in finance, accounting, economics, statistics, or a related field; AND four (4) years of progressively responsible professional experience performing budgetary or financial analysis, or auditing; OR

• Six (6) years of progressively responsible professional experience performing budgetary or financial analysis, or auditing, of which at least four (4) years of experience must be in the public sector.

Additional Requirements

• Must pass a criminal background check post-offer.

About the Department/Division:
The Washington County Department of Housing Services, encompassing the Housing Authority of Washington County, is a dynamic agency dedicated to promoting housing stability and affordability for all residents. The department administers a comprehensive range of programs, including rental assistance, affordable housing development, and homelessness services. The department emphasizes fair access, collaboration, and innovation, fostering a supportive workplace culture committed to serving the community's diverse needs.
Selection Process:
You can review our standard selection process here.
Our commitment to you:
Washington County is an equal opportunity employer committed to using a merit-based system in which recruiting, selecting, and advancing employees is based on knowledge, skills, and abilities. Our organization embraces innovation, collaboration, and work-life harmony. We promote employee development and offer an award-winning benefits and wellness program as well as an opportunity to serve and support our vibrant community.
Veterans' Preference:
If you are a Veteran and would like to be considered for Veterans' preference for this recruitment, please review the instructions using this link: Veterans' Preference Points.
Accommodation under the Americans with Disabilities Act:
Reasonable accommodation is available to anyone whose specific disability prevents them from completing this application or participating in the selection process for this recruitment. To obtain confidential assistance please contact Human Resources 503-846-8606, or email: Careers@WashingtonCountyOR.gov at least 48 hours before any step in the recruitment and selection process for which you feel you need accommodation.
Status of Your Application:
You will be advised by email of your status at each step in the application process, from initial application to final employment disposition. Please note that Washington County communicates with all candidates via email.
Notice: Washington County is currently undergoing a comprehensive classification and compensation study. The purpose of this project is to create new job descriptions and create new classification and compensation systems. Outcomes of the project will include changes to classification titles, which could impact compensation structures. No one will have their pay rate lowered because of this project. For represented positions, appropriate bargaining processes will be utilized prior to implementation.
Questions?
Recruiter:
Gregory Garabedian
Email Address:
Gregory_Garabedian@washingtoncountyor.gov