Careers at MassHousing
At MassHousing, we believe a home is more than a roof and four walls. A home is safety and security, opportunity and peace of mind. Our team of talented professionals works to ensure that all Massachusetts residents have a safe, healthy and affordable place to call home. If you share our commitment, we hope you will consider joining us.
Equal Opportunity Employer M/F/V/D
MassHousing is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants, colleagues and partners without regard to race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, and any other characteristic protected by applicable law. MassHousing believes that diversity and inclusion among our colleagues and partners is critical to our success, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.
Current Openings
Manager of Program Accounting
Organization: MassHousing
Location: One Beacon Street, Boston, MA 02108
Posting Closes: Close of Business on October 15, 2025
Website: www.masshousing.com
All positions at MassHousing require a customer service mindset, in accordance with our values: Respect, Service, Empathy, Accountability, Collaboration, and Inclusion.
The Organization
MassHousing will confront the housing challenges facing the Commonwealth to improve the lives of its people. A bold mission for an innovative agency. Since its inception in 1966, MassHousing has provided more than $29 billion for more than 125,000 apartments and more than 105,000 home mortgage loans. Beyond lending, we also work to promote economic growth and empowerment for families, individuals, and businesses; help communities increase their housing stock; provide hope and homes for vulnerable populations, and look for new, cost-effective ways to provide equitable housing opportunities. We have a relentless determination to confront the Commonwealth's housing challenges and improve lives.
We know that we cannot meet our mission without a workforce that is committed to standing with us in our efforts. We achieve this by making investments in staff development and prioritizing individuals who align with our values including an unwavering dedication to diversity, equity, and inclusion.
As an employee of MassHousing you are offered a great career opportunity which is more than a paycheck. MassHousing's total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including but not limited to:
- Tuition reimbursement up to $10,000 per calendar year
- A 35-hour work week and a hybrid work schedule
- Back up Child/Elder Care
- Retirement Savings including a pension and a deferred compensation plan (with a match)
- Comprehensive health, dental and vision plans
- 12 paid Holidays per year and generous sick, vacation, and personal time
- Short-Term Disability
- Central Boston office location, convenient to public transportation and amenities on site
If you're ready to join our dynamic team of mission driven professionals, this might be the job for you! Interested candidates should send a letter of interest and a resume to MassHousing by visiting www.masshousing.com/workwithus
Position Summary
The Manager of Program Accounting (“Manager”) oversees the general ledger (GL) accounting function to ensure the accurate and timely preparation of the financial statements and is responsible for training and cross-training the Financial and Senior Financial Accountants to ensure proficiency in all functional areas. This role reviews various program packages and workpapers quarterly and annually, evaluates significant account reconciliations and accounting transactions, and maintains the GL structure, including chart of accounts, coding, policies, procedures, and internal controls. The Manager also collaborates across departments to align financial reporting and processes with new business activities and system workflows. This position reports to the Assistant Comptroller.
All positions at MassHousing require a customer service mindset in accordance with our values: Respect, Service, Empathy, Accountability, Collaboration, and Inclusion.
MassHousing operates under a hybrid work model; therefore, employees are expected to work on-site according to a schedule determined in collaboration with their manager and based on the needs of the role. To support effective onboarding, new employees may be required to work in the office more frequently during their first 90 days.
Essential Functions
Financial Reporting
- Manage monthly and quarterly financial reporting schedules and deliverables
- Review various financial reporting packages, including those related to bond and grant programs, for accuracy and completeness
- Develop new financial reporting packages as new programs are developed and internal companies are developed
- Oversee monthly cash and loan receivable reconciliations of the Working Capital Fund
- Review journal entries and accounting transactions to ensure completeness and accuracy
- Monitor and review bond-related cash flow activity and debt service payment calculations
- Ensure accurate recording of complex transactions, including bond issuances and redemptions
- Oversee monthly subledger interfaces and ensure proper integration into financial records
- Monitor arbitrage rebate calculations performed by external partners and conduct high-level reviews
- Review interim arbitrage rebate calculations and quarterly swap valuation reports
- Ensure all non-trustee bank accounts are assigned, reconciled monthly, and appropriately maintained
- Confirm all required manual journal entries are posted as needed
- Develop, implement, and maintain accounting policy and procedures and identify opportunities for process improvements
- Oversee external financial reporting by preparing and reviewing quarterly financial statements, annual audit materials, year-end reports and schedules, and coordinating related financial system close activities and deadlines
Accounting Operations and Financial Analysis
- Propose journal entries for the GL based on financial activity and reporting needs
- Review cash flow projections and internal budgets
- Support internal reporting and contribute to financial analysis efforts
People Management
- Recruit, develop, and retain staff to ensure productivity and engagement
- Engage in performance manager activities such as goal setting, performance evaluations, development planning, and continuous feedback to develop staff and achieve Agency goals
- Provide coaching, counseling, and corrective action (when necessary) to staff
- Foster a culture that reflects MassHousing’s mission and values
Security
- Comply with MassHousing's Information Security Program and all other Agency information security policies and procedures
- Take responsibility for any Agency assets assigned to you
- Promptly report any security events, incidents, or weaknesses to MassHousing’s Information Security Team
Minimum Qualifications
- Bachelor's degree in accounting or commensurate work experience
- 3+ years of people management experience
- 10+ years of experience in a large financial institution, nationally recognized credit review organization, or CPA firm
- High level of proficiency with Microsoft Excel and other Microsoft office tools. Prior general ledger experience, including interfaces with supporting subsystems and report writing tools
- Eligibility to work in, and travel freely to and from, the United States without sponsorship
Preferred Qualifications
- Master's in Business Administration (MBA)
- Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Government Financial Manager (CGFM), or Chartered Financial Analyst (CFA)
- Knowledge of the housing finance industry
Essential Characteristics
- Energetic team player who takes initiative and has a dedicated focus on quality
- Excellent organizational skills and strong attention to details
- Strong financial and analytical capabilities
- Excellent oral and written communication skills
- Effective time management skills and the ability to multi-task
Salary Range: $119,344.28 - $155,147.57
MassHousing is an Equal Opportunity Employer
What our team is saying
"Working at MassHousing gives me a strong sense of purpose, as well as the ability to grow and use my skills in an impactful way. I take pride in knowing that I am a trusted and valued advisor, who provides assurances on governance, risk and control activities. Management's receptiveness to creative solutions, drive for efficiency and unwavering desire to continuously improve its people and the work we do, makes MassHousing a workplace that aligns with my personal and professional values."
–Cynthia F., Internal Audit
"In my five years at MassHousing, I have enjoyed a very supportive team and great work environment. MassHousing supports my growth as a professional, an individual and an employee by providing generous benefits, including tuition reimbursement for courses relevant to the mission of creating and preserving housing. The company values your growth and input and is always looking for new ways to integrate new ideas and methods in daily operations."
–Christina K., Rental Management
"A job at MassHousing is not just a job. It is good work in a very professional environment, and it is professional work that does good to people in the Commonwealth. We are the state's affordable housing lender, we are creative and competitive. What makes us unique is our commitment to serve the underserved. What I love most about my job at MassHousing is knowing that, at the end of the day, my work contributes to the success of a first-time homebuying family somewhere in Massachusetts."
–Mounzer A., HomeOwnership
"I enjoy working at MassHousing because I enjoy helping others...As a parent, the flexibility allows me to create a schedule that works for both my personal and professional life. MassHousing is not just a place for opportunity, it is also a place of hope."
–Mircia K., Rental Management
"I love working at MassHousing mostly because I get to do interesting work that is meaningful to our society. I didn't feel that way in my previous professional roles, and so I don't take it for granted. Plus, a lot of really interesting people work at MassHousing…I've already met lifelong friends here. I also feel I can be myself in my role, and that people have gone out of their way to support me in both my career and personal life. I’m grateful for that."
–Ryan S., Rental Underwriting
"The thing I enjoy most about working at MassHousing is the dedication and expertise the staff has in meeting the housing challenges facing Massachusetts residents. The foundation of everything we do is the people we serve. To be part of such a noble and important mission is what makes working at MassHousing far more than just a job. It's very satisfying to see and hear the stories of Massachusetts residents who have been able to grow and prosper because they have an affordable home and economic opportunity."
–Tom F., Communications
"Although I have only been employed here for one year, I already feel a strong commitment and dedication to the Agency and to my team. MassHousing strives to provide the very best services to our lenders, customers and to their employees. It is a rewarding feeling to know you are giving the best customer service to your borrowers every day, especially in these trying economic times. I know I have made a great choice in joining MassHousing!"
–Michelle K., HomeOwnership
"I believe a home should be a happy place where you can live, learn and laugh. MassHousing has been a special home for me. I’ve had the good fortune to be in different roles at MassHousing that have truly challenged me to be a better person in so many ways, all the while working with exceptional people who sincerely believe that MassHousing is here to improve the lives of people. If ‘home is where the heart is’, then my home is MassHousing."
–Paul H., Information Technology