Residential Real Estate Audit Specialist

1 day ago

Aurangabad, Maharashtra, India beBeeAudit Full time ₹ 11,50,000 - ₹ 15,50,000

Job Opportunity:

Audit Manager for Residential Real Estate Sector

Job Description

This role involves leading and managing audit engagements in the Residential Real Estate sector, with a focus on Low-Income Housing Tax Credit (LIHTC) and HUD compliance audits.

The successful candidate will have expertise in affordable housing programs and a commitment to delivering high-quality, regulatory-compliant audit services.

Key Responsibilities:

  • Lead audits for LIHTC and HUD-funded projects, ensuring compliance with US GAAP, HUD guidelines, and IRS Section 42 requirements.
  • Review and prepare financial statements, audit workpapers, and compliance reports in accordance with LIHTC regulations, IRS Section 42, and state housing finance agency requirements.
  • Drive client engagements and ensure timely delivery of audit deliverables.
  • Provide strategic guidance on compliance monitoring, risk mitigation, and internal control assessments for affordable housing entities.
  • Collaborate with cross-functional teams to deliver high-quality service and insights to clients navigating complex affordable housing regulations.
  • Mentor and train audit staff on LIHTC/HUD-specific audit procedures and evolving regulatory standards.
  • Stay current with industry trends, including tax credit pricing, occupancy performance, and legislative changes impacting affordable housing.
Required Skills and Qualifications

To be successful in this role, you will require:

  • CPA or CA certification required.
  • Minimum 5 years of experience in public accounting, with a focus on affordable housing or LIHTC engagements.
  • In-depth knowledge of affordable housing regulations, HUD audit protocols, and LIHTC program sensitivities.
  • Experience with audit platforms such as CaseWare, CCH, and data analytics tools.
  • Ability to work effectively in a global delivery model and manage cross-border teams.
  • Exceptional organizational, communication, and presentation skills.
What We Offer

This role offers:

  • Opportunity to work with experienced professionals in the affordable housing audit industry.
  • Exposure to cutting-edge tools and data-driven audit methodologies.
  • Flexible work environment with opportunities for collaboration.
  • Structured leadership development and technical training.
  • Direct involvement in shaping audit practices for affordable housing in the US market.

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