Description

The Corporate Controller is responsible for directing and managing accounting operations for all CSI related entities. This position oversees financial reporting, property accounting, audits, tax and regulatory compliance, internal controls, cash management, and accounting staff, and ensures timely and accurate financial reporting to executive leadership, CSI's Board of Directors, and all funding, lending, and investment partners.

The Corporate Controller is a key partner to the CFO and executive team and is a strategic financial leader who focuses on financial excellence, risk management, and process improvements in CSI's dynamic business environment.

Essential functions

Financial Leadership & Reporting

• Work closely with CSI's Accounting Supervisor to oversee all accounting operations for all CSI entities to ensure accurate and timely monthly, quarterly, and annual financial reporting.
• Develop, maintain, and improve accounting policies and procedures.
• Manage CSI's payroll functions.
• In collaboration with HR, manage processing of employee 401 K contributions and other direct employee benefits.
• Present financial information to executive leadership and CSI's board of directors.
• In collaboration with Asset Management, monitor operating performance, cash flow, reserves, and key financial trends across CSI's portfolio.
• Manage CSI's Certification Department to ensure regulatory compliance with all state and federal programs
• Develop and manage CSI's corporate budget.

Accounting & Compliance

• Ensure compliance with nonprofit accounting standards and Generally Accepted Accounting Principles (GAAP).
• Supervise accounting for all CSI entities.
• Ensure compliance with HUD, LIHTC, HOME, CDBG, and other affordable housing programs.
• Review monthly property financial statements and variance analyses.
• Monitor replacement reserves, residual receipts, operating reserves, and restricted funds for all CSI entities.
• Coordinate investor, lender, and regulatory reporting requirements.
• Oversee property budget process in coordination with CSI's Asset Management and Operations Departments.
• Across all CSI entities, manage cash flow, reserves, and capital accounts

Audit & Tax Coordination

• Manage annual financial statement audits for all CSI entities.
• Act as the primary liaison and manage relationships with external auditors, tax preparers, consultants, and financial partners
• Coordinate audit requests, schedules, and supporting documentation.
• Review audited financial statements and management letters.
• Ensure timely completion of all tax filings and regulatory submissions.

Internal Controls & Risk Management

• Maintain strong internal controls, ensure appropriate segregation of duties, and implement financial governance practices to safeguard all CSI assets.
• Implement and monitor accounting procedures to safeguard CSI assets.
• Identify and mitigate financial and compliance risks.
• Develop recommendations for operational and financial improvements.
• In cooperation with CSI's IT Department, manage CSI's date security in compliance with internal policies and external agency requirements

Team Leadership

• Lead, mentor, and develop accounting and certification staff.
• Establish departmental goals and performance expectations.
• Promote a culture of accountability, collaboration, customer service, and continuous improvement.
• Partner effectively with development, asset management, property management, human resources, and executive leadership teams.

Systems & Process Improvement

• Manage accounting software (Yardi) usage, financial reporting systems, and related technologies.
• Drive process improvement initiatives to increase efficiency and accuracy.
• Develop reporting tools and dashboards to improve financial decision-making.

Supervisory responsibilities

The Corporate Controller is responsible for overseeing the accounting and certification departments. This includes leadership, mentorship, developing and supporting the accounting and certification staff.

Requirements

Work environment

The Corporate Controller generally works in an office environment.

Physical demands

This position requires sitting at a desk for extended periods of time and significant amount of time on the phone.
• Must be able to push/pull/lift up to 30 pounds

Travel required
• Reliable transportation.
• May need to travel to co-ops on occasion.

Required education and experience

• Bachelor's degree in accounting, finance, or related field.
• Eight (8) or more years of accounting & management experience.
• Strong knowledge of GAAP and nonprofit accounting.
• Experience managing multiple legal entities and complex reporting structures.
• Advanced proficiency in Microsoft Excel and financial reporting systems.
• Exceptional analytical, organizational, and communication skills.
• Experience with and thorough understanding of:
• • HUD, Low Income Housing Tax Credit (LIHTC), and Section 8 funded housing
  • HOME and CDBG funding
  • Real estate development accounting
  • Property management accounting systems (Yardi)
• Strong leadership and supervisory capabilities.
• Ability to manage competing priorities and deadlines.
• High level of integrity, professionalism, and attention to detail.
• Commitment to the mission of affordable housing and nonprofit service.

Work authorization/security clearance requirements

Department of Homeland Security (DHS) regulation requires all employees-citizens, residents, and nonresidents-to complete Form I-9 Employment Eligibility Verification. Employees are not allowed to work in the United States until the Form I-9 is completed and properly documented.

Other duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.