Compliance Specialist (LIHTC)

Highmark Residential LLC

Jacksonville, FL

JOB DETAILS
SKILLS
Accounting, Accounting Close, Accounts Receivable, Auditing, Calendar Management, Career Development, Communication Skills, Corporate Compliance, Due Diligence, External Audit, File Audits, File Systems, Flexible Spending Accounts, Identify Issues, Low-Income Housing Tax Credit (LIHTC), Microsoft Excel, Microsoft Office, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, Online Training, Organizational Skills, Problem Solving Skills, Property Management, Reconciliation, Regulations, Regulatory Compliance, Rental Listings, Rentals, Team Player, Time Management, Training/Teaching, Tuition Reimbursement, Willing to Travel, Writing Skills
LOCATION
Jacksonville, FL
POSTED
16 days ago

Overview

Location:

Jacksonville, FL

Why Highmark Residential?

Because every position is considered critical to Highmark's success and reputation, we take care to employ those who aspire to become the best in their field. Those who succeed at Highmark will do so because they enjoy an empowered, challenging, fulfilling, and financially rewarding workplace!

Why we need you:

The Compliance Specialist is responsible for assisting with all property compliance for LIHTC, HUD, Home, Bond, and other state-specific programs. Assist with training on-site associates for Yardi, Compliance and other company-specific programs. The Compliance Specialist will work closely with the Properties and Regional Managers, as well as third-party compliance and corporate staff.

What Highmark can do for you:

  • Help you achieve your goals by continuous professional development and regular career progression sessions
  • Competitive pay for the market
  • Monthly bonus opportunities for all site associates
  • 30% associate rent discount
  • Medical, Dental & Vision benefits the 1st of the month following 30 days of full-time employment
  • Company-provided life insurance, short term and long term disability coverage
  • Flexible Spending accounts
  • 401(k) eligibility after 90 days, with 4% Highmark match
  • Professional Certification & Tuition reimbursement
  • Vacation, Sick and Personal Time off available to use after 90 days
  • 10 paid holidays
  • Paid parental leave

Responsibilities

Essential functions include (but are not limited to):

  • Provide daily phone and e-mail support for properties regarding Yardi Affordable and other technical programs
  • Schedule, prepare classroom facilities and conduct training for on-site associates on Yardi's Affordable software
  • Review and Audit file and system compliance for various affordable programs and set-asides
  • Ensure sites are maintaining appropriate set-asides as outlined in the regulatory agreements
  • Monitor and audit accuracy of Tenant Income Certification, backup within the files and Yardi data
  • Provide feedback to the property manager on audit results and provide additional training on errors found
  • Maintain good communications with external compliance auditors and get issues resolved quickly and accurately
  • Assist with meeting reporting requirements to external entities, such as TDHCA, FHFC, HUD, etc.
  • Coordinate timely weekly and month-end closings and perform reviews of data submitted
  • Perform reconciliation, research and troubleshoot discrepancies as related to the rent roll and accounts receivable
  • Review pre-close reports, distribute correction notices and ensure completion of corrections by month-end close deadline
  • Work with accounting personnel to resolve on-site accounting discrepancies
  • Maintain training calendar working with other departments with training needs
  • Create or modify training materials for web-based and live training classes
  • Lead lease file audits during due diligence; perform rent roll setup and assist in acquisition setups and dispositions
  • Perform property file audits and re-audits as needed

Qualifications

Qualifications:

  • On-site experience or previous compliance required
  • 2-5 years previous compliance experience with LIHTC or other programs required
  • 1-2 years previous compliance experience with Florida state-specific affordable programs strongly desired
  • Extensive experience with the Affordable module in Yardi, including on-site processes and controls
  • Extensive experience and knowledge of Federal affordable programs
  • Microsoft Office skills - Word, Excel, Outlook, and PowerPoint
  • Possess excellent writing and communications skills, including proper grammar and email etiquette
  • Ability to speak in front of groups of people
  • Able to travel overnight as required, approximately 30%
  • Ability to coordinate activities and meet deadlines
  • Ability to collaborate with peers on training and support objectives

#CORP

Req. ID: 2026-9640

About the Company

H

Highmark Residential LLC

Milestone Management, one of the largest residential property management firms, announced today the rebranding of the company to Highmark Residential in order to better reflect its commitment to delivering unmatched levels of service across all channels. The rebranding will take place in stages throughout the course of 2019, with a full transition expected across all systems in early 2020. Taking a cue from its name, Highmark Residential will continue to build upon the company’s legacy of dedication to providing the highest level of service to residents, associates and investors focusing on hitting the “high mark” with every interaction. The rebranding to Highmark Residential will be accompanied by a redesigned website, logo, graphics, communications and correspondence. Highmark Residential will continue to be owned by an affiliate of Starwood Capital Group, a leading global private investment firm, which acquired the multi-family management platform in 2017.
COMPANY SIZE
2,500 to 4,999 employees
INDUSTRY
Real Estate/Property Management
FOUNDED
2019
WEBSITE
https://www.highmarkres.com/