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Career Opportunities at MassHousing

MassHousing provides a challenging, progressive and supportive environment that encourages and promotes employee development.

We offer competitive salaries; tuition reimbursement; comprehensive health, dental, life, and disability plans; ongoing training and career development; flexible work schedules; generous leave time; emergency back-up day care; and a corporate culture of promotion from within.

If you are interested in joining MassHousing, please forward your salary history and resume to: Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com.

Equal Opportunity Employer M/F/V/D

MassHousing will provide reasonable accommodations and appropriate communication auxiliary aids and services to persons with disabilities upon request.

Current Job Openings

Asset Manager

Monitors physical/financial viability of portfolio properties by reviewing and evaluating property management agreements, loan restructuring and work-outs, financial statements and schedules, and all relevant contracts and reports. Implements strategies and action plans for financially troubled developments. Ensures timely collection of notes, receipts, and fees, helps to locate alternative sources of funding, ensures compliance with subsidy programs and government regulations, and modifies managing agents' operating budgets as required. Serves as a primary contact for owners, developers, management agents, public officials, resident groups, and other MassHousing departments. Conducts on-site visits and attends various meetings pertaining to rent increases and residential/management issues. Prepares financial status reports and reviews invoices for disbursement.

Qualifications: BS degree in Real Estate Management, Accounting, Business Administration, or Finance. 3-5 years experience in property management, underwriting, asset management or real estate finance and/or equivalent education (e.g., Master in City Planning, Master in Public Administration, Master of Business Administration). Previous work experience with financial analysis and budgeting, human relations, and negotiating. Excellent organizational skills and proficiency with Microsoft Office. Knowledge of Federal and State subsidy programs, fair housing and housing service systems preferred. Knowledge of the Department of Housing & Community Development's comprehensive permit guidelines and processes helpful. Valid driver's license required.

MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should send a letter of interest and a resume to Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com.

Financial Reporting Specialist

Reports to Financial Reporting Manager. Assists with the preparation of quarterly reviews for MassHousing and Affiliates. Coordinates annual audits including draft report preparation. Prepares financial statements for corporate cost centers and tracks Board votes of Restricted Net Assets/Designations. Maintains FAF activity schedule and reporting on net position. Serves as the Financial Reporting liaison with Budget Manager and as technical research contact to assist department with technical accounting questions. Supports Finance with New Bond Issuance by reviewing Bond Documents with Financial Reporting accountant, Treasury and Trustees and prepares change schedules as needed. Assists with preparation of flash financials and budget to actual results on a quarterly basis. Prepares position papers for new GASB and AICPA pronouncements as needed. Prepares and reviews tax returns and Annual Report. Calculates and reviews Multi-Family Loan Loss Allowance including preparation of the appropriate Notes in the Agency's Annual Financial Report. Prepares and organizes Ginnie Mae operational audits including responses to audit requests and findings. Prepares quarterly forms and compliance letters and arbitrage reporting/filings. Reconciles Retirement Plan's bank activity and assumes other duties as assigned.

Qualifications: Bachelor’s degree in Accounting. CPA, CGFM, CMA and/or MBA preferred. 5+ years of experience in a large financial institution, nationally recognized credit review organization or CPA firm, preferably with a focus on mortgage lending and financial service activities. Knowledge of the housing finance industry a plus. Must possess outstanding financial and analytical skills as well as strong oral, written, and computer-based presentation skills. Demonstrated ability to work under tight deadlines and multi-task and prioritize as necessary. Proven ability to work effectively with all staff levels of a large financial organization, including the ability to develop effective working relationships with senior level management. Excellent attention to detail and organizational skills.

MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should send a letter of interest and a resume to Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com.

Retirement Analyst

General Summary

All duties are performed according to the provisions of General Laws, Chapter 32, Sections 1 to 28 under the direction of the Retirement Board.

Responsibilities and Duties

  1. Perform all administrative duties of the Retirement System. Develop, revise and improve methods of operation for the Retirement System, including better use of technology to communicate information and to maintain records. Train, coordinate and direct work performed of administrative personnel
  2. Perform or delegate to perform all accounting procedures for compliance with legal requirements and established policies and procedures
  3. Maintain detailed status records of employee retirement contributions, computing superannuation, ordinary disability, accidental disability, accidental death and survivorship retirement allowances. Computation of back installment, transfer and reinstatement case. Supervise the maintenance of all accounting records, such as payroll deductions, general ledger, investment ledger, income and expenses ledger, voucher record and related work
  4. Inform and advise individual members and groups of members of the Retirement System regarding retirement benefits, laws, regulations, health insurance, life insurance and other information. Assist members in seeking benefits. Update the “Benefit Guide” at least once a year
  5. Assist in preparing minutes and agenda for Retirement Board meetings and provide Board members with data necessary for them to make proper judgments in compliance with the law, rules and regulations
  6. Monitor the Investment Advisors hired by the Board to assure that the investment policies and objectives are implemented and that they comply with the Public Employee Retirement Administration Commission (PERAC) rules and regulations
  7. Prepare monthly and annual statements and other statistical information required by the PERAC, the Members, and Actuaries and the Retirement Board
  8. Assume the role and responsibilities of the Executive Secretary during his/her absence.

Supervision Received/Given

  • Performs all duties assigned by the Executive Secretary of the Massachusetts Housing Finance Agency Employees' Retirement System

Qualifications

  • Bachelor's degree in accounting or business administration required with a minimum of 5 years of experience
  • Knowledge and experience with the management or supervision of laws and regulations pertaining to a public pension system established according to Chapter 32 of the Massachusetts General Laws is preferred
  • Familiarity with GASB, financial investment principles and practices for pension systems
  • Knowledge of PTG System is preferred
  • Strong communication skills
  • Ability to counsel employees and retirees on retirement matters

MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should send a letter of interest and resume to Massachusetts Housing Finance Agency Employees' Retirement System, One Beacon Street, Boston, MA 02108; via email to jobs@masshousing.com or via fax to 617.624.9469.