Director of Real Estate Finance | Affordable Housing & LIHTC

Director of Real Estate FinanceOur client is a large-scale nonprofit real estate developer focused on the creation, preservation, and financing of affordable housing. Operating across multiple states, the organization specializes in developing and repositioning residential assets to address critical housing shortages and support community stability. With more than 30 years of experience, the organization has built an integrated development platform capable of sourcing, financing, rehabilitating, and stabilizing affordable housing properties. Its portfolio spans multiple asset types, with a particular strength in single-family and scattered-site housing, supported by a diverse mix of public and private funding sources.In addition to development, it supports long-term asset performance through housing services and strategic program delivery. Its track record includes the development and preservation of thousands of housing units and the successful execution of large-scale redevelopment initiatives that expand access to quality, affordable housing. As an experienced nonprofit developer and national leader in its field, the organization brings deep expertise in affordable housing finance, tax credit execution, and mission-driven real estate development across diverse markets.The Director Real Estate Finance will be responsible for leading the organization’s Real Estate Development, Construction and Property Management Finance Accounting teams, exhibiting a strong technical real estate, construction, property management and corporate accounting/finance background, and being a subject matter expert managing complex accounting matters, being attentive to details and deadlines, have outstanding internal and external communication skills, and being able to manage varied tasks within a team environment.Scope of ResponsibilityFinancial Management & ReportingOversee financial reporting, budgeting, and forecasting for partnerships, LLCs, and corporate entities.Monitor project financial performance, including cost-to-complete, variance analysis, and corrective strategies.Prepare and present financial reports to senior leadership and board committees.Ensure accurate financial records, reconciliations, and compliance with GAAP and applicable regulations.Cash Flow, Funding & TreasuryManage cash flow projections and ensure adequate liquidity across all projects and operations.Oversee funding draw processes from lenders, investors, and public sources.Monitor loan agreements and ensure compliance with debt covenants.Lead treasury functions, including banking relationships, cash management, and electronic transactions.Development & Project Finance OversightPartner with Development, Construction, & Property Management teams to develop & manage project budgets.Review contracts, agreements, and approve project-related invoices.Support capital planning and financial strategy for real estate initiatives.Compliance, Controls & AuditEstablish and maintain strong internal controls to mitigate risk and ensure accurate reporting.Oversee audits, tax filings, cost certifications, and compliance reporting (e.g., LIHTC requirements).Review legal and financial documents to ensure proper accounting treatment.Stakeholder & Lender RelationsServe as primary financial contact for lenders, investors, and funding partners.Provide required financial, investor, and compliance reporting.Manage communications related to loan terms, funding requests, and amendments.Leadership & Team ManagementLead, develop, & manage the Real Estate Finance team, including hiring, training, & performance management.Establish departmental processes, systems, and controls to improve efficiency and accuracy.Develop and manage the department budget and staffing plans.Ideal QualificationsBachelor's degree in Accounting, Finance, or related field.10+ years of relevant experience in accounting or finance within the real estate industry.Knowledge of Real Estate accounting practices pertaining to construction, real estate development and property management.Understanding of audit & tax reporting and compliance for real estate partnerships, limited liability companies & C corps.Experience leading a team with multiple priority projects and deadlines.Our FirmKM Partners is the only National Executive Search & Professional Recruitment Firm in the U.S. fully dedicated to Multifamily Affordable, Senior, and Middle-Income Housing, Tax Credits (LIHTC, Solar, Renewable, Carbon, Historic, & NMTC) as well as Impact-Investing and related financial and professional services. We partner with clients to place industry-specific professionals in our dedicated practice areas across occupations, including C-level executives, middle management, and experienced associates throughout the United States.KM Partners has an unrivaled persistent track record for placing high-performing professionals with some of the most reputable, top nationally ranked leaders including Multifamily Real Estate Developers, Owner-Operators, Tax Credit and Apartment Syndicators, Investment Managers, Private Equity Family Offices, CPA Firms, Multifamily Regulated and Unregulated Lenders, Non-Profits, Housing Authorities, Land Trusts, Commercial Real Estate Finance and Advisory Service Firms as well as specialized industry consulting firms.Extensive Proprietary DatabaseOver the years, we have meticulously built a high-quality proprietary database comprising more than 40,000+ industry-specific contacts in our highly focused, dedicated practice areas. We are executing a plan to triple the size of our database in the next 2 years.Robust NetworkKM Partners boasts over 13,000+ LinkedIn Company Followers, and our team collectively possesses more than 50,000 1st-degree LinkedIn Connections. We continuously expand and cultivate our network to provide our clients with exceptional opportunities.Industry Expertise and National Brand RecognitionWith our long history and extensive knowledge in our dedicated practice areas, knowledge of the unique market dynamics, and familiarity with your competition, we provide unparalleled insight and guidance. Our national brand presence in our specific practice areas further reinforces our credibility and reach.