Job Description
The Compliance Manager is responsible for overseeing all property compliance for LIHTC, HUD, LURA and bond regulations, new property set up in Yardi and property staff training on Yardi data entry and compliance. The Compliance Manager will work closely with the Property and Regional Managers, as well as corporate staff.
Job Responsibilities:
Prepare the monthly, quarterly and annual compliance reports and communicate with property managers and corporate staff regarding deadlines and reporting requirements.
Audit compliance with LIHTC, Section 8 and LURAs complete all annual reporting on time and in compliance with the tax exemption regulations.
Responsible for meeting reporting requirements to external entities, such as TDHCA, HOME, MDSI, etc.
Monitor and audit accuracy of property resident certification files and Yardi data. Provide feedback to property manager on results and provide additional training on errors found.
Monitor monthly HAP billing and cash posting. Provide assistance to HAP properties on Yardi monthly processes and certifications.
Provide training and assistance to property managers on Yardi on software function and problem resolution in connection with LIHTC properties.
Set up new LIHTC properties in Yardi, and assist in training new staff on tax credit functions.
Respond to all help desk tickets promptly.
Maintain good communications with external compliance auditors and get issues resolved quickly and accurately.
Qualifications
Position Qualifications:
At least 3 years’ experience as property manager or assistant manager.
Excellent understanding of Yardi processes and ability to problem solve.
Degree required.
Skilled with Excel and Yardi.
Additional Information
Personal Characteristics:
Dedicated to the mission of preserving affordable housing.
High attention to detail.
Solve problems independently and recommend process improvements.
Meet deadlines and prioritize work requirements.
Provide leadership to property managers.