Alta Bay Capital
Director of Finance And Accounting
Alta Bay Capital, Salt Lake City, Utah, United States, 84193
As the Director of Finance and Accounting at Alta Bay Capital, you will support accounting and financial operations for the Alta Bay platform and our multifamily development projects. You will work closely with development and construction teams to maintain accurate cost records, support lender and investor reporting, and facilitate timely construction draw processing. The role demands quick‑thinking, flexibility, and strong communication skills, and rewards ownership across multiple facets of a mission‑driven affordable housing development company.
Base pay range $75,000.00/yr – $150,000.00/yr
Responsibilities
Prepare and process monthly construction loan draw requisitions for new construction LIHTC projects.
Track and reconcile development budgets, reallocating costs when necessary.
Monitor construction progress, vendor invoices, and project reimbursements.
Coordinate timely payment processing and funding disbursements.
Assist with managing the timing of equity installments and lender/investor reporting.
Prepare and organize LIHTC‑related financial documentation in coordination with third parties.
Maintain accurate records of construction milestones, equity installments, project contacts, bond‑related documents, and other key data.
Maintain strong working relationships with state agencies, lenders, investor partners, general contractors, and consultants.
Support tax credit compliance activities in collaboration with the compliance specialist.
Assist with internal reporting, cost tracking, budget updates, forecasting and project‑level financial analysis.
Maintain organization of financial files, schedules, and supporting documents for audits, cost certifications, and lender/investor reviews.
Ensure legal and regulatory compliance regarding all financial functions and transactions.
Coordinate closely with 3rd‑party audit firms, tax advisors, fund administrators and custodians to ensure timely completion of all critical reporting and filing requirements.
Develop and manage budgets and oversee the preparation of all financial reporting audits.
Lead the coordination and execution of ongoing financial reporting and tax‑related requirements for our multiple entities, fixed assets and real‑estate funds in accordance with US GAAP.
Preferred Education and Experience
Experience in real‑estate development accounting or construction accounting is preferred; experience with Affordable Housing (LIHTC) projects is a plus.
Bachelor’s degree in Accounting, Finance, or a related field.
Experience with construction loan draws, project cost tracking, or development reporting.
Strong quantitative, organizational, and communication skills.
Ability to manage deadlines and maintain accuracy in a fast‑paced environment.
Familiarity with accounting software (QuickBooks, Sage, Netsuite or similar) and project management tools (Asana, Monday.com).
High ethical standards and discretion in handling confidential information.
Interest in long‑term career growth in real‑estate development accounting.
Familiarity with Microsoft Office Suite (Word, Excel) and accounting programs (Sage, QuickBooks, Gravity, Netsuite, etc.).
Benefits
Significant Performance Bonuses
Potential for profit‑interest in the Company
Co‑Investing Incentives for Qualified Investors
Paid Time Off (PTO) and Paid Holidays
Medical, dental, and vision insurance
Health Savings Account (HSA) health insurance options
401(k) plans with company matching
It is our policy to recruit, hire, and promote qualified personnel in all job classifications without regard to race, creed, religion, age, sex, sexual orientation, gender identity or expression, marital status, national origin, disability, or veteran status.
Seniority level
Director
Employment type
Full‑time
Job function
Finance
Industries
Real Estate
Construction
Housing and Community Development
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Base pay range $75,000.00/yr – $150,000.00/yr
Responsibilities
Prepare and process monthly construction loan draw requisitions for new construction LIHTC projects.
Track and reconcile development budgets, reallocating costs when necessary.
Monitor construction progress, vendor invoices, and project reimbursements.
Coordinate timely payment processing and funding disbursements.
Assist with managing the timing of equity installments and lender/investor reporting.
Prepare and organize LIHTC‑related financial documentation in coordination with third parties.
Maintain accurate records of construction milestones, equity installments, project contacts, bond‑related documents, and other key data.
Maintain strong working relationships with state agencies, lenders, investor partners, general contractors, and consultants.
Support tax credit compliance activities in collaboration with the compliance specialist.
Assist with internal reporting, cost tracking, budget updates, forecasting and project‑level financial analysis.
Maintain organization of financial files, schedules, and supporting documents for audits, cost certifications, and lender/investor reviews.
Ensure legal and regulatory compliance regarding all financial functions and transactions.
Coordinate closely with 3rd‑party audit firms, tax advisors, fund administrators and custodians to ensure timely completion of all critical reporting and filing requirements.
Develop and manage budgets and oversee the preparation of all financial reporting audits.
Lead the coordination and execution of ongoing financial reporting and tax‑related requirements for our multiple entities, fixed assets and real‑estate funds in accordance with US GAAP.
Preferred Education and Experience
Experience in real‑estate development accounting or construction accounting is preferred; experience with Affordable Housing (LIHTC) projects is a plus.
Bachelor’s degree in Accounting, Finance, or a related field.
Experience with construction loan draws, project cost tracking, or development reporting.
Strong quantitative, organizational, and communication skills.
Ability to manage deadlines and maintain accuracy in a fast‑paced environment.
Familiarity with accounting software (QuickBooks, Sage, Netsuite or similar) and project management tools (Asana, Monday.com).
High ethical standards and discretion in handling confidential information.
Interest in long‑term career growth in real‑estate development accounting.
Familiarity with Microsoft Office Suite (Word, Excel) and accounting programs (Sage, QuickBooks, Gravity, Netsuite, etc.).
Benefits
Significant Performance Bonuses
Potential for profit‑interest in the Company
Co‑Investing Incentives for Qualified Investors
Paid Time Off (PTO) and Paid Holidays
Medical, dental, and vision insurance
Health Savings Account (HSA) health insurance options
401(k) plans with company matching
It is our policy to recruit, hire, and promote qualified personnel in all job classifications without regard to race, creed, religion, age, sex, sexual orientation, gender identity or expression, marital status, national origin, disability, or veteran status.
Seniority level
Director
Employment type
Full‑time
Job function
Finance
Industries
Real Estate
Construction
Housing and Community Development
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