Director of Finance

Location: Miami, FL

Work Arrangement: Hybrid

Employment Type: Full-time

About the Employer

McDowell Housing Partners is a preeminent affordable and workforce housing development company and an affiliate of McDowell Properties, a national multifamily investor and operator. Collectively, the companies have developed, constructed, and acquired over 45,000 apartment units. Since its founding in 2019, McDowell Housing Partners has achieved AHF Top 50 Affordable Housing Developer status based on unit production. Our mission is to be a best-in-class multifamily platform for investors, lenders, community stakeholders, and residents. Our culture is rooted in integrity, excellence, and ingenuity, with a strong emphasis on collaboration and team success. The firm operates with a vertically integrated platform, including dedicated Acquisitions, Development, Construction, Finance, Accounting, and Asset Management teams. We focus on creating long-term value through LIHTC development, acquisition and rehabilitation strategies, strategic partnerships, capital markets expertise, and disciplined asset management.

Role Summary

The Director of Finance will lead financial underwriting and capital markets execution across new development and acquisition/rehabilitation projects. This position is an integral member of the Finance and Development teams and will work closely with Acquisitions, Development, Construction, Accounting, and Asset Management. The Director of Finance will report directly to the Chief Investment Officer.

What You'll Do

Collaborate cross-functionally to align financial and operational strategies with both short- and long-term company objectives
Implement and refine systems, processes, and financial workflows to improve efficiency and scalability
Take ownership of the accuracy, quality, and timely delivery of financial analyses and work products
Identify potential risks and proactively develop solutions to support informed decision-making
Lead financial underwriting for new construction and acquisition/rehabilitation projects across the company's pipeline
Develop and maintain complex financial models for a variety of capital structures, including 9% LIHTC, tax-exempt bonds with 4% credits, gap financing, resyndication, and GP interest acquisitions
Perform detailed sensitivity analyses, scenario planning, and market assessments to optimize project performance and returns
Stay current on market trends, including pricing, financing structures, construction costs, and product types across target markets
Manage the investor and lender solicitation process, including preparation of bid packages, evaluation of term sheets, and responses to due diligence requests
Review and analyze partnership agreements, operating agreements, loan documents, and tax credit equity structures in coordination with internal teams and external counsel
Lead debt conversion and support transaction execution from initial underwriting through closing
Coordinate with Accounting on construction draws, lender and investor reporting, and financial statement preparation
Support project teams on tax structuring and insurance-related matters as needed
Prepare closing memoranda and support ongoing investor, lender, and agency reporting requirements
Assist in the development of quarterly and annual operating budgets in coordination with property management
Monitor asset performance and identify opportunities for operational or financial improvement
Anticipate, identify, and resolve issues quickly to mitigate risk and maintain project timelines
Develop financial tools, templates, and models to enhance internal processes and decision-making
Perform other duties as needed to support the Finance and Development teams

McDowell Housing Partners jobs

Director of Finance