Job #1932: Vice President, Controller - NY (4/17/2024)

The Community Preservation Corporation (CPC) believes stable and sustainable affordable housing is the foundation of strong communities and we strive to contribute to comprehensive neighborhood revitalization through our lending and partnerships. A nationally recognized leader in affordable housing finance, CPC has provided a consistent source of capital to underserved housing markets throughout New York State since our inception in 1974.

Today, CPC stands as the largest CDFI solely committed to investing in multifamily housing, having invested more than $11.9 billion to finance the creation and preservation of more than 220,000 units of quality housing in neighborhoods across New York State and beyond. CPC has a robust construction lending platform, a mortgage bank, and equity and impact investment platforms that focus on our three goals: Expanding Affordable Housing, Closing the Racial Wealth Gap, and Investing in the Green Economy.

As a member of our team, you'll have the opportunity to work on impactful initiatives that make a real difference in people's lives. We're looking for talented individuals who are passionate about our mission and share our values of commitment, respect, excellence, accountability, and collaboration.

As VP, Controller, you will be responsible for directing the accounting functions of the organization and its subsidiaries. The position establishes and maintains accounting principles, practices, procedures and initiatives. The VP, Controller is responsible for the development of effective accounting systems, preparation of

financial statements, financial analyses around performance, specifically in regard to revenue and expenses. The VP, Controller will also provide management and leadership to a team of accounting professionals.

• Provide decision making support and input to business on the financial impact of transactions, based on the interpretation of accounting, regulatory and tax regulations, and an understanding of the revenue and cost dynamics of the business.
• Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements.
• Work with the FP&A team to support the creation of financial plans and forecasts, including long term strategic plans.
• Ensure the integrity of the financial process and the accuracy of financial statements, tax and regulatory reports, and management performance reports.
• Manage a controlled environment in compliance with internal accounting procedures and external regulatory
• Issue timely and complete financial statements
• Develop and maintain a documented system of internal controls to ensure financial records are accurate and
• Coordinate and oversee the activities of external auditors and manage annual financial
• Work with the Finance team to adapt and improve controls in response to changing
• Responsible for maintaining all investor reporting related to CPC’s public S&P rating and supporting the CFO and Chief Investment Officer in all capital raising efforts.
• Work closely with leaders across the operations platform to ensure transactions are processed accurately and systems are able to support continued business growth.

• BA/BS in Accounting, CPA certification
• Minimum of 10 years’ experience in accounting including prior experience as a Controller in a Financial Services institution or Manager level experience at a Public Accounting firm.
• Minimum of 5 years’ experience managing financial reporting
• Comprehensive knowledge and proficiency in US accounting rules and
• Advanced financial project management
• Strong leadership and management
• Highly developed consultative and relationship management
• Mortgage banking or Real Estate Development and public accounting experience

• Competitive compensation
• 401(k) retirement plans with employer match
• Medical, dental, and vision benefits for employees and their dependents
• Commuter benefits
• PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability
• Tuition assistance program
• Two “work from anywhere” weeks per year
• Summer Fridays
• Collaborative working spaces
• Service days to support our communities
• Employee development and engagement events
• More about our offerings and culture here

This is a full-time, hybrid role where you will work from the Manhattan office two – three days a week. The salary range is $195,000 – $215,000, dependent on experience.