MRI Software

Senior LIHTC Tax Manager, Asset Manager (LIHTC)

MRI Software • $100K — $120K *
US-AnywhereRemote in Boston, MA
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, Finance, Business Administration, or a related field required.
  • 5+ years of multifamily real estate asset management experience
  • Deep knowledge of the affordable housing regulatory framework
  • In-depth knowledge of benefits schedules and tax returns
  • Expert at internal and external stakeholder collaboration
  • Strong analytical skills
  • Proficiency in financial analysis and spreadsheet modeling
  • MS Excel and Word proficient
  • Excellent organizational, communication, and analytical skills
  • Flexibility and ability to manage conflicting priorities
  • Ability to travel as needed

Responsibilities

  • Deliver strategic asset management to owners and funders of affordable housing properties under various programs
  • Oversee complex LIHTC investments, cost certifications, and IRS Form 8609 documentation
  • Manage project construction and lease-up processes
  • Review audited financial statements, partnership tax returns, and financial models
  • Provide timely, accurate reporting to institutional investors, developers, and CPAs
  • Ensure strict Section 42 regulatory compliance and minimize asset risk
  • Collaborate with a team of Asset Managers to optimize internal financial operational processes
  • Conduct site visits to evaluate property management and physical condition of properties

Benefits

  • Join employee-led groups focused on Diversity, Equity, and Inclusion
  • Comprehensive medical coverage options and HSA benefit
  • Competitive 401k plan for future financial security
  • Generous Parental Leave Program for family time
  • 20 days PTO plus observed Holidays and 15 hours of 'Flexi' time annually
  • Tuition Reimbursement for professional development
  • Flexibility to work from anywhere in the world for two weeks each year
Full Job Description
The Role:
Affordable Housing and Tax Credit Senior Asset Manager with 5+ years of experience maximizing investment performance and regulatory compliance. Expert in managing complex LIHTC portfolios, multi-tier partnership structures, and fund-level tax returns. Proven leader in collaboration with investors, syndicators, and developers to safeguard Section 42 compliance and optimize tax credit delivery.

Key responsibilities:
  • Deliver strategic asset management to owners and funders of affordable housing of properties that operate under the LIHTC, Public Housing, RAD, HOME, and Project Based Section 8 programs
  • Oversee complex LIHTC investments, cost certifications, and IRS Form 8609 documentation.
  • Oversight of project construction and lease-up
  • Review audited financial statements, partnership tax returns, and financial models
  • Deliver timely, accurate reporting to institutional investors, developers, and CPAs
  • Ensure strict Section 42 regulatory compliance and minimize asset risk
  • Collaborate with a team of Asset Managers to optimize internal financial operational processes
  • Ensure timely, accurate monthly, quarterly, and annual financial reporting
  • Conduct site visits to evaluate property management, management plan, and physical condition of properties
  • Oversee equity releases from construction through 8609 issuance
  • Manage the Year 15 LIHTC compliance period exit, analyzing K-1 capital accounts to project and mitigate investor exit tax liabilities


Qualifications:
  • Bachelor's degree in accounting, Finance, Business Administration, or a related field required.
  • 5+ years of multifamily real estate asset management experience
  • Deep knowledge of the affordable housing regulatory framework
  • In depth knowledge of benefits schedules and tax returns
  • Expert at internal and external stakeholder collaboration
  • Strong analytical skills
  • Proficiency in financial analysis and spreadsheet modeling
  • MS Excel and Word proficient
  • Excellent organizational, communication, and analytical skills
  • Flexibility and ability to manage conflicting priorities.
  • Ability to travel as needed


We're obsessed with making this the best job you've ever had!

We want our teams to love working here, so we've created some incredible perks for you to enjoy:
  • Join our employee-led groups to maximize your experience at work such as our Diversity, Equity and Inclusion committee, employee resource groups such as Women and Allies, and our Pride Event Group
  • Enjoy peace of mind over yours and your family's health with our medical coverage options and HSA benefit
  • Invest in our competitive 401k plan and help set you up for your future
  • Big on family? So are we! We understand family is important and being able to spend quality time with your family is a wonderful experience. Our Parental Leave Program is designed to give you the opportunity to spend even more time with your new arrival(s)
  • Enjoy a fantastic work-life balance with 20 days PTO plus observed Holidays, plus 15 hours of 'Flexi' time a year
  • Further your professional development and growth with our generous Tuition Reimbursement offerings
  • Enjoy the flexibility of working from anywhere in the world for two weeks out of the year


About MRI Software

MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI's comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses?from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. MRI Software is headquartered in Solon, Ohio, with offices in Australia, Canada, Hong Kong, India, Ireland, New Zealand, Singapore, South Africa, the United Kingdom, and the United States.
Learn more about MRI Software
Size
2,000 employees
Industry

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