Community Preservation Corporation
Senior Associate, Financial Controllership
Community Preservation Corporation, New York, New York, us, 10261
About Us:
The Community Preservation Corporation (CPC) believes stable and sustainable affordable housing is the foundation of strong communities and we strive to contribute to comprehensive neighborhood revitalization through our lending and partnerships. A nationally recognized leader in affordable housing finance, CPC has provided a consistent source of capital to underserved housing markets throughout New York State since our inception in 1974.
Today, CPC stands as the largest CDFI solely committed to investing in multifamily housing, having invested more than $15 billion to finance the creation and preservation of more than 230,000 units of quality housing in neighborhoods across New York State and beyond. CPC has a robust construction lending platform, a mortgage bank, and equity and impact investment platforms that focus on our three goals: Expanding Affordable Housing, Closing the Racial Wealth Gap and Investing in the Green Economy.
As a member of our team, you'll have the opportunity to work on impactful projects that make a real difference in people's lives. We're looking for talented individuals who are passionate about our mission and share our values of commitment, respect, excellence, accountability, and collaboration.
Role Summary:
You will be a key member of the team responsible for the accounting and reporting functions of the organization and its subsidiaries. The position will be responsible for the preparation and analysis of financial reports. The ideal candidate will have extensive knowledge of accounting principles, strong leadership skills, and the ability to effectively communicate financial information to stakeholders.
In addition to key accounting deliverables, this role will also develop efficiencies to support the accuracy of accounting operations. This includes involvement in the planning and testing of automation solutions and new reporting capabilities, through partnership with the technology and operations teams. You will play a pivotal role in supporting the implementation of a new ERP system.
In this role, you will not only dive into the details when necessary but also maintain a strategic outlook to steer the organization towards its long-term objectives. The successful candidate will bring a positive, energetic attitude and thrive in a dynamic, rapidly evolving environment.
What You'll do:Support day-to-day accounting functions including month-end close, financial reporting and analysis, and preparation of financial statementsCollaborate with internal stakeholders to understand, enhance, and optimize critical financial systems.Ensure the integrity of the financial process and the accuracy of financial statements, tax and regulatory reports, and management performance reports.Assist with the preparation of other ad hoc financial reports on an as-needed basis (financial schedules, monthly/quarterly reporting packages for senior management, other ad hoc financial analysis).Develop and maintain a documented system of internal controls to ensure financial records are accurate and reliable and work with broader finance team to adapt and improve controls in response to changing conditions.Coordinate the activities of external auditors and manage annual financial audits.Work closely with leaders across the operations platform to ensure transactions are processed accurately and systems are able to support continued business growth.Act as a change agent by identifying and implementing automated solutions to streamline processes and enhance operational efficiency.Skills and Experience
BA/BS in Accounting or related degree required with minimum of 1 - 3 years in public accounting and prior experience in the mortgage banking / financial services industry required.Experience with General Ledger bookings and oversight of monthly close processes including balance sheet reconciliation/substantiation, journal entries, and variance analysis strongly preferredProfessional certification (CPA, CMA, CIA, CGMA) preferred.Experience supporting the financial reporting processes.Established credibility as a trusted advisor to business partners and senior leadership.Experience setting strategy for process improvement initiatives, developing procedures for implementation of a new financial system, or ERP integrations a strong plusStrong technology and financial systems skills, including the ability to use or learn new tools to help drive efficiency and automation in previously manual processes.Strong project management skills.What We Offer:
Competitive compensation401(k) retirement plans with employer matchMedical, dental, and vision benefits for employees and their dependentsCommuter benefitsPTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disabilityTuition assistance programTwo "work from anywhere" weeks per yearSummer FridaysCollaborative working spacesService days to support our communitiesEmployee development and engagement eventsMore about our offerings and culture
here
This is a full-time, hybrid role where you will work from the Manhattan office two - three days a week. The salary range is $90,000 - $105,000, dependent on experience.
The Community Preservation Corporation is an Equal Opportunity Employer and all employment-related decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national origin, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status.
The Community Preservation Corporation (CPC) believes stable and sustainable affordable housing is the foundation of strong communities and we strive to contribute to comprehensive neighborhood revitalization through our lending and partnerships. A nationally recognized leader in affordable housing finance, CPC has provided a consistent source of capital to underserved housing markets throughout New York State since our inception in 1974.
Today, CPC stands as the largest CDFI solely committed to investing in multifamily housing, having invested more than $15 billion to finance the creation and preservation of more than 230,000 units of quality housing in neighborhoods across New York State and beyond. CPC has a robust construction lending platform, a mortgage bank, and equity and impact investment platforms that focus on our three goals: Expanding Affordable Housing, Closing the Racial Wealth Gap and Investing in the Green Economy.
As a member of our team, you'll have the opportunity to work on impactful projects that make a real difference in people's lives. We're looking for talented individuals who are passionate about our mission and share our values of commitment, respect, excellence, accountability, and collaboration.
Role Summary:
You will be a key member of the team responsible for the accounting and reporting functions of the organization and its subsidiaries. The position will be responsible for the preparation and analysis of financial reports. The ideal candidate will have extensive knowledge of accounting principles, strong leadership skills, and the ability to effectively communicate financial information to stakeholders.
In addition to key accounting deliverables, this role will also develop efficiencies to support the accuracy of accounting operations. This includes involvement in the planning and testing of automation solutions and new reporting capabilities, through partnership with the technology and operations teams. You will play a pivotal role in supporting the implementation of a new ERP system.
In this role, you will not only dive into the details when necessary but also maintain a strategic outlook to steer the organization towards its long-term objectives. The successful candidate will bring a positive, energetic attitude and thrive in a dynamic, rapidly evolving environment.
What You'll do:Support day-to-day accounting functions including month-end close, financial reporting and analysis, and preparation of financial statementsCollaborate with internal stakeholders to understand, enhance, and optimize critical financial systems.Ensure the integrity of the financial process and the accuracy of financial statements, tax and regulatory reports, and management performance reports.Assist with the preparation of other ad hoc financial reports on an as-needed basis (financial schedules, monthly/quarterly reporting packages for senior management, other ad hoc financial analysis).Develop and maintain a documented system of internal controls to ensure financial records are accurate and reliable and work with broader finance team to adapt and improve controls in response to changing conditions.Coordinate the activities of external auditors and manage annual financial audits.Work closely with leaders across the operations platform to ensure transactions are processed accurately and systems are able to support continued business growth.Act as a change agent by identifying and implementing automated solutions to streamline processes and enhance operational efficiency.Skills and Experience
BA/BS in Accounting or related degree required with minimum of 1 - 3 years in public accounting and prior experience in the mortgage banking / financial services industry required.Experience with General Ledger bookings and oversight of monthly close processes including balance sheet reconciliation/substantiation, journal entries, and variance analysis strongly preferredProfessional certification (CPA, CMA, CIA, CGMA) preferred.Experience supporting the financial reporting processes.Established credibility as a trusted advisor to business partners and senior leadership.Experience setting strategy for process improvement initiatives, developing procedures for implementation of a new financial system, or ERP integrations a strong plusStrong technology and financial systems skills, including the ability to use or learn new tools to help drive efficiency and automation in previously manual processes.Strong project management skills.What We Offer:
Competitive compensation401(k) retirement plans with employer matchMedical, dental, and vision benefits for employees and their dependentsCommuter benefitsPTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disabilityTuition assistance programTwo "work from anywhere" weeks per yearSummer FridaysCollaborative working spacesService days to support our communitiesEmployee development and engagement eventsMore about our offerings and culture
here
This is a full-time, hybrid role where you will work from the Manhattan office two - three days a week. The salary range is $90,000 - $105,000, dependent on experience.
The Community Preservation Corporation is an Equal Opportunity Employer and all employment-related decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national origin, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status.