Director of Program Finance

Director of Program Finance

Entry Level Salary: 71,699 - Full Time

Office Location: Wilmington, DE

Opening Date: 10/22/2025 CLOSING DATE: 11/05/2025

Looking for a career with excellent benefits?

As part of the DSHA team, you will have immediate access to health, vision, and dental insurance, vacation and sick leave, paid holidays, tuition assistance, fitness reimbursement, retirement plan, and more while working to further DSHAs mission of providing safe, affordable housing.

This non-State position is responsible for the application of accounting theories, concepts, principles and standards. Work ranges from performing standardized to complex accounting activities. Incumbent handles all the second mortgages, processes payments for monthly public housing bills, manages loan files, administers and applies payments, reconciles housing program accounts monthly, corresponds with loan holders and mortgage lenders, etc.

Position Summary

The Director of Program Finance is responsible for planning, directing, and managing the financial operations of DSHA's housing programs, including funding strategies, resource allocation, and program-level financial performance. This position oversees fiscal activities related to bond financing, TBA executions, grant management, fund accounting, and supports both programmatic and administrative funding needs. The Director ensures financial sustainability, compliance, and efficiency in the delivery of affordable housing initiatives and serves as a strategic advisor on funding mechanisms and fiscal planning.

PRINCIPLE ACCOUNTABILITIES

• Develop and manage funding strategies for housing programs, including TBA, bond-financed, and other funding mechanisms.
• Oversee program-level financial operations including budgeting, forecasting, cost allocation, and performance tracking.
• Coordinate with Program Directors, Accounting, and the Capital Markets team to ensure adequate funding availability, timely reporting, and financial accountability.
• Manage the allocation and reconciliation of funds for Single-Family, Multifamily, Public Housing and other affordable housing initiatives.
• Analyze program cost structures and make recommendations for pricing, subsidies, and capital optimization.
• Serve as a primary liaison to internal and external stakeholders on financial matters related to housing programs—including auditors, rating agencies, financial advisors, underwriters, and partners.
• Collaborate on development of new financing products, grant initiatives, and federal or state funding responses.
• Ensure financial reporting and compliance with applicable state, federal, and bond requirements.
• Supervise and mentor fiscal analysts or finance staff assigned to program financial oversight.
• Assist in the Development of the Division of Loan Servicing

REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES

• Strong knowledge of public finance principles, including bond financing, debt instruments, and federal housing finance regulations.
• Experience with cash flow modeling, loan performance analysis, and program cost analysis.
• Understanding of mortgage-backed securities, pooling, and securitization.
• Ability to analyze financial data and trends to support programmatic decisions and financial strategy.
• Familiarity with fund accounting practices, federal grant management, and housing subsidy administration.
• Proficiency in financial systems and Excel-based modeling; knowledge of housing finance software a plus.
• Excellent written and verbal communication skills.
• Ability to build relationships with internal teams, external financial professionals, auditors, and housing partners.

MINIMUM QUALIFICATIONS

Applicants must have education, training and/or experience demonstrating competence in each of the following areas:

• Bachelor's degree or higher in Finance, Accounting, Public Administration, Economics, or related field.
• At least 5 years of experience in public finance, housing program finance, or financial management in a government or nonprofit setting.
• Experience supervising staff and managing complex financial operations.
• Demonstrated experience in affordable housing finance, mortgage-backed securities, or bond-funded programs strongly preferred.

THIS POSITION REQUIRES THE SUCCESSFUL COMPLETION OF A CRIMINAL BACKGROUND SCREENING AND A VALID DRIVER'S LICENSE

BENEFITS

These include up to 15 vacation days and 15 sick day leave accrual, up to 13 paid holidays a year, liberal retirement benefits, immediate access to paid health, short- and long-term disability, and life insurance plans and voluntary dental, vision, and various supplemental benefit options.

APPLICATION PROCEDURES:

Applications must be completed by the closing date on our website www.destatehousing.com (Click on About Us, Employment, Click Here to View All Current Openings, Select job, Scroll Down & Click Apply Now.) Contact: e-mail: DSHA_HR@delaware.gov

DSHA IS AN AFFIRMATIVE ACTION AND EQUAL OPPORTUNITY EMPLOYER.

As an equal opportunity employer, DSHA provides an employment environment that supports and encourages the application of all persons without regard to race, color religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Accommodations are available for applicants with disabilities in all phases of the application and employment process. Please call DSHA at 302.739.4263 or 888.363.8808 with any questions or requests. TTY/ ASCII/ VOICE/VCO users may utilize the Telecommunications Relay Service (TRS) at 800.676.3777.

DIRECT DEPOSIT OF PAY IS A CONDITION OF EMPLOYMENT. FAILURE TO AGREE TO PARTICIPATE IN DIRECT DEPOSIT WILL RESULT IN THE WITHDRAWAL OF OFFER OF EMPLOYMENT. DSHA HAS A LAG PAY SYSTEM.

Director of Program Finance

Entry Level Salary: 71,699 - Full Time

Office Location: Wilmington, DE

Opening Date: MM/DD/YYYY CLOSING DATE: MM/DD/YYYY

Looking for a career with excellent benefits?

As part of the DSHA team, you will have immediate access to health, vision, and dental insurance, vacation and sick leave, paid holidays, tuition assistance, fitness reimbursement, retirement plan, and more while working to further DSHAs mission of providing safe, affordable housing.

This non-State position is responsible for the application of accounting theories, concepts, principles and standards. Work ranges from performing standardized to complex accounting activities. Incumbent handles all the second mortgages, processes payments for monthly public housing bills, manages loan files, administers and applies payments, reconciles housing program accounts monthly, corresponds with loan holders and mortgage lenders, etc.

Position Summary

The Director of Program Finance is responsible for planning, directing, and managing the financial operations of DSHA's housing programs, including funding strategies, resource allocation, and program-level financial performance. This position oversees fiscal activities related to bond financing, TBA executions, grant management, fund accounting, and supports both programmatic and administrative funding needs. The Director ensures financial sustainability, compliance, and efficiency in the delivery of affordable housing initiatives and serves as a strategic advisor on funding mechanisms and fiscal planning.

Essential Functions

• Develop and manage funding strategies for housing programs, including TBA, bond-financed, and other funding mechanisms.
• Oversee program-level financial operations including budgeting, forecasting, cost allocation, and performance tracking.
• Coordinate with Program Directors, Accounting, and the Capital Markets team to ensure adequate funding availability, timely reporting, and financial accountability.
• Manage the allocation and reconciliation of funds for Single-Family, Multifamily, Public Housing and other affordable housing initiatives.
• Analyze program cost structures and make recommendations for pricing, subsidies, and capital optimization.
• Serve as a primary liaison to internal and external stakeholders on financial matters related to housing programs—including auditors, rating agencies, financial advisors, underwriters, and partners.
• Collaborate on development of new financing products, grant initiatives, and federal or state funding responses.
• Ensure financial reporting and compliance with applicable state, federal, and bond requirements.
• Supervise and mentor fiscal analysts or finance staff assigned to program financial oversight.
• Assist in the Development of the Division of Loan Servicing

Required Knowledge, Skills, and Abilities

• Strong knowledge of public finance principles, including bond financing, debt instruments, and federal housing finance regulations.
• Experience with cash flow modeling, loan performance analysis, and program cost analysis.
• Understanding of mortgage-backed securities, pooling, and securitization.
• Ability to analyze financial data and trends to support programmatic decisions and financial strategy.
• Familiarity with fund accounting practices, federal grant management, and housing subsidy administration.
• Proficiency in financial systems and Excel-based modeling; knowledge of housing finance software a plus.
• Excellent written and verbal communication skills.
• Ability to build relationships with internal teams, external financial professionals, auditors, and housing partners.

Minimum Qualifications

• Bachelor's degree or higher in Finance, Accounting, Public Administration, Economics, or related field.
• At least 5 years of experience in public finance, housing program finance, or financial management in a government or nonprofit setting.
• Experience supervising staff and managing complex financial operations.
• Demonstrated experience in affordable housing finance, mortgage-backed securities, or bond-funded programs strongly preferred.

THIS POSITION REQUIRES THE SUCCESSFUL COMPLETION OF A CRIMINAL BACKGROUND SCREENING.

BENEFITS

These include up to 15 vacation days and 15 sick day leave accrual, up to 13 paid holidays a year, liberal retirement benefits, immediate access to paid health, short- and long-term disability, and life insurance plans and voluntary dental, vision, and various supplemental benefit options.

APPLICATION PROCEDURES: Applications must be completed by the closing date on our website www.destatehousing.com (Click on About Us, Employment, Click Here to View All Current Openings, Select job, Scroll Down & Click Apply Now.) Contact: e-mail: DSHA_HR@delaware.gov

DSHA IS AN AFFIRMATIVE ACTION AND EQUAL OPPORTUNITY EMPLOYER.

As an equal opportunity employer, DSHA provides an employment environment that supports and encourages the application of all persons without regard to race, color religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Accommodations are available for applicants with disabilities in all phases of the application and employment process. Please call DSHA at 302.739.4263 or 888.363.8808 with any questions or requests. TTY/ ASCII/ VOICE/VCO users may utilize the Telecommunications Relay Service (TRS) at 800.676.3777.

DIRECT DEPOSIT OF PAY IS A CONDITION OF EMPLOYMENT. FAILURE TO AGREE TO PARTICIPATE IN DIRECT DEPOSIT WILL RESULT IN THE WITHDRAWAL OF OFFER OF EMPLOYMENT. DSHA HAS A LAG PAY SYSTEM.