Financial Analyst, Affordable Housing
Description

The Vancouver Housing Authority (VHA) is seeking a Financial Analyst, Affordable Housing who brings both accounting precision and a deep understanding of public housing finance to build financial models, produce grant-funded analyses, record and interpret complex accounting transactions, review and decipher financial agreements and contracts, and ensure all financial activity aligns with federal, state, and agency regulations.  


VHA manages 3,900 affordable housing units and administers 3,750 housing vouchers under a $133 million annual operating budget. Your work in this role directly supports our mission to expand affordable housing access and stabilize community housing resources by playing a key role in budgeting, grant drawdowns, compliance reporting, and real estate financial oversight, helping secure funding and safeguard public assets.


The Financial Analyst is expected to:

  • Perform complex financial analysis and reconciliations of various financial statement balances and prepare related schedules and reports.
  • Prepare, review, analyze, and record complex accounting transactions.
  • Maintain financial tracking of developments under construction and monitor for compliance with budgets. 
  • Collaborate with external auditors to prepare cost certifications and coordinate other project closeout tasks with lenders, investors, Washington State Housing Finance Commission, and other funders. 
  • Participate in VHA annual audit and budgeting functions by preparing and analyzing various schedules and reports.
  • Prepare and analyze property operating reports and financial models, including pro-forma statements, projections, and cost analysis reports.
  • Prepare and analyze grant funding and projections reports, including HUD Voucher Programs Projections Report.
  • Analyze, administer, and advise VHA staff on complex legal documents, including contracts for financial obligations, real estate transactions, partnership agreements, loan and grant documents, regulatory agreements, and consulting services agreements. 
  • Build and maintain relationships with public and private funding providers, grantors, HUD, and other external parties.
  • Assists the Real Estate Department in structuring and administering complex financial transactions involving affordable housing development financing activities.
  • Provides technical advice to assist in ensuring compliance with funding programs, policies, rules, and regulations, including low-income housing tax credits (LIHTC), tax-exempt bonds, and federal (HUD), state, and local governmental loans and grants. 
  • Compiles and analyzes historical financial data to assist in long-range planning.
  • Conducts research and prepares various documents, policies, and procedures as needed.
  • Oversee implementation of new funding programs in compliance with external requirements and internal procedures.
  • Oversee various grant audits, reviews, and other periodic grant closeout processes.

Pay and Benefits

  • A new employee in this position will be paid $85,020 - $93,522 per year based on experience.  In compliance with the Equal Pay & Opportunities Act,  the full salary range for this position is $85,020 - $127,530 per year. 
  • Full-time, exempt position. 
  • 100% employer-paid medical, dental, vision, life insurance, and long-term disability insurance for the employee's coverage. 
  • The benefits package also includes 12 company-paid holidays, generous paid time off accrual, Employee Assistant Program, 5.58% paid into WA PERS by the employer, and tuition reimbursement.
  • Meaningful work that addresses affordable housing and homelessness in our community.
Requirements
  • A bachelor’s degree in accounting or related subjects, plus at least 4 years of professional accounting experience, is required. 
  • CPA or CMA certification or other industry-specific certifications preferred.
  • Experience in the public sector, real estate, and/or property management environment required. 
  •  Housing authority or LIHTC financial experience preferred. 

A cover letter and resume are required when applying for this position. For more information on the VHA please visit our website at www.vhausa.org. Please note, those candidates deemed to best match our requirements will be contacted for an interview. We do not discuss application status during the selection process. Applications will be reviewed on an ongoing basis until the position is filled. The VHA provides equal employment opportunities to all employees and applications for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with federal, state, and local laws.