Development Finance Financial Analyst

Retirement Housing Foundation
Published
August 6, 2022
Location
Long Beach, CA
Category
Job Type

Description

"The mission of RHF (Retirement Housing Foundation), a national non-profit organization, is to provide various housing options and services for older adults, low income families and persons with disabilities, in an environment which enhances their quality of life – physically, mentally, and spiritually. RHF is committed to serving its residents and their local communities.” Please visit our website at www.rhf.org for additional company information. RHF is an equal opportunity employer.

Retirement Housing Foundation is in need of a Development Finance Financial Analyst for our Finance Department. If interested, please submit resume to Kevin Gilchrist, VP of Development Finance through indeed link.

Assist in the preparation of various proformas using different financing scenarios to determine the best financing option for the facility. Prepare applications for financing, RFPs and equity installments. Review draws and budget schedules to insure the property is within the budget. Updating various development schedules and proformas.

TYPICAL DUTIES AND RESPONSIBILITIES

Prepare proformas for facilities to be acquired, developed or refinanced.
Prepare applications for various financing sources for each facility.
Review budgets to ensure the sources and uses of funds are classified appropriately for accounting purposes. Review prepared construction draws, paid balances and outstanding running balances to insure the property is within budget.
Review proformas prepared by consultants, lenders and syndicators for operating income and expenses along with the development sources and uses to insure accuracy.
Verify pre-development expenses and budget figures agree with Board minutes.
Assist in the preparation of cash forecasts and various department schedules.
Prepare special reports as necessary.

EDUCATION AND EXPERIENCE REQUIRED

Accounting or Finance Degree required
Experience in Low Income Housing Tax Credits and HUD financing
Excellent knowledge of Excel
Excellent inter personal skills
Excellent written and oral skills

You will be required to provide your COVID vaccination card or you may request a vaccine exemption form for medical or religious reasons. The vaccine exemption form MUST be approved prior to concluding the pre-employment requirements

If a job offer is made, your employment will start after a successful completion of a drug test, references, and background checks as deemed necessary. The drug test must be completed within three (3) business days of the job offer. If the above pre-employment requirements are not successfully met, the job offer will be withdrawn.

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