Compliance Auditor

AAPC; United States; On-site; USD 70,000 - 80,000; Full time

Job summary

Pennrose is seeking a Compliance Auditor to monitor property management operations within an assigned portfolio with a focus on compliance with site-specific covenants and housing program requirements. You will protect Pennrose assets by maintaining ongoing compliance across properties and communicating with staff and leadership.

The role requires expert LIHTC and HUD program knowledge, 3+ years in compliance or property management, and proficiency in Yardi and MS Office.

Qualifications

• Requires expert-level knowledge of LIHTC and HUD programs (Public Housing, Section 8, HOME, and related rental assistance).
• Minimum of 3 years in compliance, property management, or a closely related field.
• Proficient with Yardi and standard Microsoft Office tools.

Responsibilities

• Review move-in and recertification files for accuracy and compliance with housing programs.
• Provide training to staff to address deficiencies and reduce recurring issues.
• Prepare and timely submit reports for state housing agencies, HUD, investors, and others.
• Maintain rent matrices and update income limits, rents, and utility allowances per property.
• Collaborate with Regional Property Manager and VP of Operations to keep utility allowances current.
• Answer questions from PMs, RPMs, and executives on compliance matters.

Skills

Attention to detail

Communication

Multitasking

Organizational skills

Tools

Yardi

Microsoft Outlook

Microsoft Word

Microsoft Excel

Job description

Overview

The Compliance Auditor will be responsible for monitoring property management operations within the assigned portfolio of properties with a specific focus on ensuring the properties operate in compliance with the site-specific covenants governing those properties. This work requires expert-level knowledge of the applicable housing programs and a very high degree of attention to detail. The Compliance Auditor will maintain open communication with site staff, operations staff, and other Pennrose staff to ensure that the compliance responsibilities and requirements of each applicable program are met on a continuous basis. The Compliance Auditor is charged with protecting Pennrose assets by ensuring that each property within their portfolio remains compliant at all times.

Pay range: $70,000 - $80,000/year depending on experience.

#IND123

Responsibilities

• Review and approve all move in files and recertification files for accuracy and compliance with the applicable housing programs.
• Provide feedback and training to those who prepare files in areas where deficiencies may exist with the goal of eliminating repeated deficiencies.
• Accurately prepare and timely submit on a timely basis all reports requested and required for state housing agencies, HUD, investors, and others as applicable.
• Prepare, maintain and distribute a rent matrix for each property in the portfolio when due.
• Maintain Yardi information with respect to updates to income limits, maximum rents, utility allowances and ensure that each unit is accurately described.
• Collaborate with the Regional Property Manager and VP of Operations to ensure that each property maintains a current and accurate utility allowance, as applicable.
• Be open and available to answer questions from PM's, RPM's, VP's and others with regard to compliance related issues providing consistent and accurate guidance.
• Develop and maintain positive relationship with state agency, HUD reps, investors, and others.
• Attend State Agency compliance reviews as possible.
• Conduct on site file reviews and train staff as part of each visit.
• Work with operations staff to ensure rent maximization practices are being followed while confirming that rents charged are compliant with the applicable programs.
• Report weekly to the VP of Compliance providing detail of activity and tasks at hand as well as problems, concerns, and recommendations for improvement.
• Prepare and submit all reports required by state agency, HUD, investors, and others.
• Complete any other compliance related duty or responsibility as requested by VP of Compliance.

Qualifications

• Performs timely and accurate responses to move in and recertification file submissions
• Completes all required reporting accurately and submits by deadline
• Communicates professionally, promptly, and effectively
• Ensures satisfaction in responses, communication, and file completion from colleagues
• Possesses and demonstrates the ability to assist and provide guidance in problem solving
• Professionalism - appearance and behavior

Required Education and Experience

• Expert level knowledge LIHTC and of HUD programs including but not limited to: Public Housing, Section 8, HOME, and other rental assistance or rental income housing programs.
• Minimum of 3 years of experience in compliance / property management or a closely aligned field
• Proficiency in use of computers including the following software: Yardi, Microsoft Outlook, Word and Excel.
• Ability to communicate both in writing and verbally in an effective manner.
• Ability to organize, prioritize, and multi-task.
• Ability to pay attention to detail and adhere to strict deadlines.
• Requires strong understanding of basic math skills.
• Ability to work varying hours and work until tasks are complete.
• Requires a valid driver's license, an insured vehicle, and the ability to travel (between properties, training, etc.)