Business Manager (Affordable Housing)

Salary: $82,805 - $107,640

 

Job Overview:

This position is responsible for developing, maintaining, and overseeing fiscal and financial processes for a multifamily loan portfolio supporting rental developments funded by CDBG, SHIP, and Local Housing Trust Funds through Affordable Housing Services. Key duties include managing the loan portfolio, preparing financial and operational reports, ensuring compliance with federal, state, and local regulations, and supporting fiscal staff with daily financial operations. The position supervises operational staff, manages project timelines, improves processes, and addresses fiscal issues to enhance service delivery. Additional responsibilities include financial analysis, audit and grant compliance, budget development and monitoring, and reviewing the fiscal impact of Oracle systems, RFPs, RFQs, and vendor selection. The role requires collaboration across internal AHS teams and other county departments to streamline and automate fiscal procedures. Minimal support is required when assisting the Equity and Community Impact department.

Core Competencies

• Customer Commitment: Proactively seeks to understand the needs of the customers and provides the highest standards of service.
• Dedication to Professionalism and Integrity: Demonstrates and promotes fair, honest, professional, and ethical behaviors that establish trust throughout the organization and with the public we serve.
• Organizational Excellence: Takes ownership for excellence through one's personal effectiveness and dedication to the continuous improvement of our operations.
• Success through Teamwork: Collaborates and builds partnerships through trust and the open exchange of diverse ideas and perspectives to achieve organizational goals.

Duties and Responsibilities

Note: The following duties are illustrative and not exhaustive. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position. Depending on assigned area of responsibility, incumbents in the position may perform one or more of the activities described below.

• Function as the lead authority on multifamily housing finance, with a deep understanding of capital stacking, single audit reviews, net cash flow analysis, and loan repayment structures.
• Oversee the loan portfolio and ensure financial and regulatory compliance with federal, state, and local funding sources.
• Supervise operational staff, manage project timelines, and lead process improvements to optimize service delivery.
• Develop, review, and manage annual budgets, revenue collection systems, payment processing, inventory controls, and service cost analyses.
• Prepare grant-related financial reports for submission to federal and state agencies.
• Analyze and approve financial transactions, including operating expenses and contract payments, prior to final review.
• Collaborate with internal departments such as Management & Budget and County Finance to identify, develop, and implement best practices and innovative financial solutions.
• Evaluate and improve fiscal processes using automation and modern technology tools.
• Provide strategic support for RFPs, RFQs, and vendor selection processes, including reviewing fiscal impacts related to Oracle and other financial systems.
• Contribute financial expertise to the asset management process and ensure accuracy in financial reporting and loan servicing.
• Offer support to the Equity and Community Impact department as needed, with minimal oversight required.
• Perform other related duties as assigned.

Nature of Work

• Sedentary Work: Exerting up to 10 pounds of force occasionally, and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time.  Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

Working Conditions Physical Effort:

• Constantly in normal office situation, with occasional travel to agencies to provide on-site technical assistance.
• Frequently sits at desk; requires near and distant vision; requires good hearing.

Minimum Qualifications

• Bachelor’s degree in accounting, Economics, Business Administration, Management, or a closely related field: AND
• Five (5) to Seven (7) years of professional experience in accounting, real estate finance