1605
Located in Chino, CA
Pay: $27 to $30 hr
Job Full Description
Key Responsibilities:
1. Execute Banking Activity
- Life Experience, Opening, Closing responsibilities
- Keep accurate records of financial transactions via bank account entries and proper hard paper copies
- Oversee tenant security deposits, ensuring proper handling, compliance, and documentation
2. Operating Expenses
- Disburse all recurring operating expenses of the property promptly and accurately
- Monitor and manage monthly expenses to ensure cost control
3. Budget Preparation and Submission
- Work with the outside accountant to develop the annual budget and submit it to the managing director for approval
- Ensure budgets are submitted to all required agencies by Nov 1 annually
4. Financial Reporting
- Prepare monthly financial statements for the managing director's review
- Oversee the preparation and submission of annual audited financial statements
5. Compliance with LIHTC/HUD Programs
- Ensure annual gross rents and maximum income limits comply with LIGTC and HUD requirements
- Monitor and implement rent increases, utility changes, and HAP contract renewals
6. Tax and Audit Responsibilities
- Ensure timely completion of taxes for both Magnolia and UCHI
- Coordinate with auditors and outside accountants to manage annual audits and financial reporting
7. Rent and Section 8 Payment Collection
- Oversee monthly rent collection and ensure accurate recording of payments
- Monitor and support the timely collection of Section 8 payments from HUD
8. Market Analysis
- Ship and stay informed about comparable properties in the sub-market
9. Property Management Support
- Back-up the Project Manager and Assistant Manager as needed
- Train in all aspects of the Project Manager's role for complete operational understanding
Requirements
- 4 years of relevant experience / Low income housing
- Strong knowledge of Quickbooks and accounting
- Must have strong work ethic and demonstrate initiative
- Bachelor's degree a plus
Chino-Upland, CA
2179
12345 Mountain Avenue
Suite Z
Chino, CA 91710
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