Budget Specialist (209)

Elderly Housing Development & Operations Corporation (EHDOC); Pittsburgh (Allegheny County); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Free Medical

Dental Vision

Pension

401K

Job summary

A leading affordable housing organization is looking for a Budget Specialist to manage budgeting and forecasting activities. The role involves collaborating with accounting and property management teams to ensure accurate budgets and compliance with HUD and LIHTC requirements. Ideal candidates should have a Bachelor’s degree in finance or a related field, at least three years of experience, and strong Excel skills. The position offers full-time hours and benefits including medical, dental, pension, and 401K.

Qualifications

• Minimum of three years of experience in affordable housing management, accounting, or asset management.
• Demonstrated experience with HUD, Section 8 (PBRA/PBV), and LIHTC programs.
• Strong Excel proficiency, including lookups, PivotTables, and financial modeling.

Responsibilities

• Lead preparation and submission of annual HUD and LIHTC budgets.
• Collaborate with the property accounting team to ensure budget accuracy.
• Provide training to site teams on how compliance accuracy impacts budgets.

Skills

Budgeting

Financial Analysis

Cross Functional Collaboration

Excel proficiency

Education

Bachelor’s degree in finance, accounting, business, economics, or related field

Tools

RealPage OneSite

Job description

Overview

Budget Specialist

Location: Plantation, FL or Pittsburgh, PA

Type: Fulltime, 40hrs/week

Benefits: Free Medical, Dental Vision, Pension and 401K

Key Responsibilities

Budgeting & Forecasting

• Lead preparation and submission of annual HUD and LIHTC budgets.
• Collaborate with the property accounting team, Regional and Community Managers, and Human Resources to ensure budget accuracy, responsible for timely submission of budgets to HUD Account Executives and investment partners.
• Partner with Development and Accounting teams on a quarterly basis to evaluate LIHTC property performance.

Financial Analysis & Reporting

• Collaborate with property accountants and Community Managers to review monthly budget‑to‑actual variance reports.
• Prepare reporting packages for owners, investors, and lenders, including narratives, key performance indicators (KPIs), reserve analyses, covenant compliance, and explanations aligned with LIHTC and HUD requirements.

Affordable Housing Alignment (HUD, Section 8, LIHTC)

• Ensure budgets accurately reflect required reserve deposits, including replacement reserves, operating reserves, and limited partnership requirements.
• Incorporate LIHTC program requirements into financial planning, including unit mix, applicable fraction, first‑year leasing rules, and credit delivery timing.
• Support management and compliance teams in preparation for HUD Management and Occupancy Reviews (MORs) and owner, investor, and syndicator reporting.

Cross Functional Collaboration

• Serve as the financial liaison between accounting, property management, and compliance teams on lease‑up pacing, occupancy strategies, and mitigation of Housing Assistance Payment (HAP)‑related revenue delays.
• Provide training to site teams on how compliance accuracy impacts budgets, revenue, and financial reporting.

Qualifications

Qualifications Required

• Bachelor’s degree in finance, accounting, business, economics, or a related field; equivalent experience may be considered.
• Minimum of three (3) years of experience in affordable housing management, accounting, or asset management.
• Demonstrated experience with HUD, Section 8 (PBRA/PBV), and LIHTC programs.
• Strong Excel proficiency, including lookups, PivotTables, and financial modeling.

Experience Strongly Preferred

• LIHTC lease‑up, first‑year credit delivery, and compliance‑driven budgeting.
• TRACS and EIV processes.
• Two to three (2–3) years using RealPage OneSite.