Director of Portfolio Reporting

Director of Portfolio Reporting

Job Description

REPORTS TO: CFO

STATUS: Exempt

LDG Development and our affiliated companies are growing rapidly to produce higher levels of much-needed affordable housing across the nation. Our founding belief that “Everyone Deserves a Quality Place to Live” has resulted in an organization that has now achieved #1 Ranking as Affordable Housing Developer and our focus on our employees and company culture has resulted in the Top Best Places to Work in Louisville each of the last two years. We believe that the foundation of a stable supporting living environment allows individuals to thrive and accomplish their dreams in education, career paths, and more. The overall reputation and quality that LDG puts forward in all business practices are key to keeping our goals alive.

POSITION SUMMARY:

The Director of Portfolio Reporting is responsible for overseeing and implementing comprehensive reports and analysis associated with multi-family development in LDG’s current and future markets, which span across the Southeast, Southwest, and Midwest. The ideal candidate will be well organized, detail oriented, and an effective leader.

RELATIONSHIPS:

The Director of Portfolio Reporting will work closely with the Director of Finance, Chief Operating Officer, Chief Finance Officer, owners, and the asset management team.

JOB DUTIES AND RESPONSIBILITIES

• Leads a team of financial analysts, working with internal and external accounting to deliver internal and external reports to various stakeholders of the organization.
• Drives reporting growth within the organization by challenging current reporting practices to help develop new ones.
• Provides timely and accurate property and portfolio level reports for distribution to asset management and ownership, with a focus on key metrics during all phases of the life cycle of the assets, with an additional emphasis during the lease-up stage.
• Works directly with asset management to analyze property financial and operational performance, with the goal of maximizing NOI and cash flows.
• Assists leadership with the creation of new report templates that will streamline future reporting.
• Manages the company’s current reporting platforms, including contract negotiations, implementation of new assets, accuracy of data feeds, trouble-shooting issues, and communicating system improvements and updates with asset management and development teams.
• Provides and communicates in-depth analysis on key metrics and portfolio trends to leadership.
• Assists the rest of the accounting leadership with the audit and tax return process for the portfolio.
• Analyzes and interprets partnership agreements, loan agreements and other documents.
• Becomes knowledgeable in the Low-Income Housing Tax Credit industry.
• Manages various special projects and other responsibilities as determined.
• Trains and mentors a team of analysts and reporting staff.

RELATED JOB COMPETENCIES:

Communication - Clearly conveys information and ideas verbally or written.

Collaboration – Works effectively and cooperatively with others establishing and maintaining good working relationships.

Follow-Up - Monitors the results, assignments, or projects while considering details and requirements for business needs.

Decision Making - Realistically weighs and evaluates information, separates important from unimportant, assesses probable consequences and takes appropriate action, and demonstrates the ability to make sound and timely decisions.

MINIMUM QUALIFICATIONS:

• Bachelor's degree in Accounting, Finance or related field from an accredited college or university.
• 3+ years managerial experience.
• 5+ years related experience analyzing financial statements, preparing budgets, and a thorough understanding of operational reporting, specifically pertaining to multi-family real estate assets.
• 2+ experience using PM Software experience for data and operational analysis.
• 2+ experience using MS Excel for data analysis and financial modeling.
• Must be a team player and work collaboratively.
• Must have organizational skills and be detail-oriented.
• Proficiency with Microsoft Office Suite needed: MS Excel, Word, PowerPoint, and Outlook.
• Strong problem solving and analytical skills with attention to detail.
• Ability to prioritize and multi-task within a high-pressure environment.
• Requires interpersonal and effective communication skills
• Ability to work 8 am to 5 pm Monday – Friday.