MSB Resources
We are seeking an accomplished and detail-driven
Director of Accounting
to oversee the full accounting function for a mission-driven real estate organization specializing in multifamily affordable housing. This role offers the opportunity to shape financial operations across all levels of the business—development and project-level transactions, corporate finance, and property-level accounting—while serving as a trusted strategic partner to the CFO and senior leadership. The Director of Accounting will play a critical leadership role in ensuring compliance with
HUD, Project-Based Section 8, LIHTC, and other affordable housing financing programs , while driving financial accuracy, operational excellence, and strategic insight. This is a highly visible position that touches every part of the organization—from guiding multi-million-dollar development projects through stabilization, to strengthening corporate controls, to ensuring property-level reporting meets investor and regulatory requirements. Development Accounting
Lead full-cycle accounting for acquisitions, ground-up construction, and stabilization across multiple projects. Manage construction draw preparation and submissions, partner equity installments, and acquisition/disposition accounting. Monitor funding sources (debt, tax credit equity, grants, and soft loans), ensure accurate cost allocations, and prepare detailed cost reports. Oversee LIHTC cost certifications, final submissions, and 8609 filings in collaboration with development teams. Corporate Accounting
Direct all corporate finance operations, including quarterly financial statements, budgeting, cash flow forecasting, and treasury management. Oversee corporate audits, tax filings, payroll, AP/AR, and intercompany reconciliations. Maintain and improve internal controls, policies, and accounting systems to support scalability and compliance. Property Accounting
Supervise accounting for stabilized communities, ensuring accurate monthly/quarterly reporting and strict compliance with affordable housing regulations. Monitor reserves, oversee annual operating budgets, and prepare lender/investor financial packages. Partner with property management on expense control, NOI performance, and compliance audits. Leadership & Strategic Impact
Lead and mentor a team of nine (including two managers), fostering professional development and cross-training across accounting functions. Serve as a strategic partner to the CFO on financing structures, investment evaluations, and organizational financial health. Collaborate with development, construction, property management, and compliance teams to deliver accurate, timely, and actionable reporting. Drive continuous improvement through process efficiencies, technology adoption, and system integration. Qualifications
Bachelor’s degree in Accounting, Finance, or related field (CPA and/or MBA strongly preferred). 12+ years of progressive accounting experience, including at least 7 years in leadership within multifamily affordable housing. Expertise in LIHTC accounting, cost certifications, HUD/Section 8 compliance, and affordable housing financial reporting. Strong experience in multi-entity corporate and property-level accounting. Proficiency with real estate accounting software (Yardi, MRI, Sage, or similar) and advanced Excel. Deep knowledge of partnership/joint venture accounting, equity waterfalls, and investor reporting. Exceptional leadership, analytical, and communication skills. Preferred Attributes
Hands-on experience with HUD, HOME funds, and other public financing programs. Ability to thrive in a fast-paced, deadline-driven environment. Collaborative approach to cross-departmental and external partner relationships. Strong commitment to accuracy, compliance, and integrity. Apply today for immediate consideration or reach out to us to learn more about this exciting opportunity with an outstanding company! Contact: 215-661-8834, resume@msbresources.com
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Director of Accounting
to oversee the full accounting function for a mission-driven real estate organization specializing in multifamily affordable housing. This role offers the opportunity to shape financial operations across all levels of the business—development and project-level transactions, corporate finance, and property-level accounting—while serving as a trusted strategic partner to the CFO and senior leadership. The Director of Accounting will play a critical leadership role in ensuring compliance with
HUD, Project-Based Section 8, LIHTC, and other affordable housing financing programs , while driving financial accuracy, operational excellence, and strategic insight. This is a highly visible position that touches every part of the organization—from guiding multi-million-dollar development projects through stabilization, to strengthening corporate controls, to ensuring property-level reporting meets investor and regulatory requirements. Development Accounting
Lead full-cycle accounting for acquisitions, ground-up construction, and stabilization across multiple projects. Manage construction draw preparation and submissions, partner equity installments, and acquisition/disposition accounting. Monitor funding sources (debt, tax credit equity, grants, and soft loans), ensure accurate cost allocations, and prepare detailed cost reports. Oversee LIHTC cost certifications, final submissions, and 8609 filings in collaboration with development teams. Corporate Accounting
Direct all corporate finance operations, including quarterly financial statements, budgeting, cash flow forecasting, and treasury management. Oversee corporate audits, tax filings, payroll, AP/AR, and intercompany reconciliations. Maintain and improve internal controls, policies, and accounting systems to support scalability and compliance. Property Accounting
Supervise accounting for stabilized communities, ensuring accurate monthly/quarterly reporting and strict compliance with affordable housing regulations. Monitor reserves, oversee annual operating budgets, and prepare lender/investor financial packages. Partner with property management on expense control, NOI performance, and compliance audits. Leadership & Strategic Impact
Lead and mentor a team of nine (including two managers), fostering professional development and cross-training across accounting functions. Serve as a strategic partner to the CFO on financing structures, investment evaluations, and organizational financial health. Collaborate with development, construction, property management, and compliance teams to deliver accurate, timely, and actionable reporting. Drive continuous improvement through process efficiencies, technology adoption, and system integration. Qualifications
Bachelor’s degree in Accounting, Finance, or related field (CPA and/or MBA strongly preferred). 12+ years of progressive accounting experience, including at least 7 years in leadership within multifamily affordable housing. Expertise in LIHTC accounting, cost certifications, HUD/Section 8 compliance, and affordable housing financial reporting. Strong experience in multi-entity corporate and property-level accounting. Proficiency with real estate accounting software (Yardi, MRI, Sage, or similar) and advanced Excel. Deep knowledge of partnership/joint venture accounting, equity waterfalls, and investor reporting. Exceptional leadership, analytical, and communication skills. Preferred Attributes
Hands-on experience with HUD, HOME funds, and other public financing programs. Ability to thrive in a fast-paced, deadline-driven environment. Collaborative approach to cross-departmental and external partner relationships. Strong commitment to accuracy, compliance, and integrity. Apply today for immediate consideration or reach out to us to learn more about this exciting opportunity with an outstanding company! Contact: 215-661-8834, resume@msbresources.com
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