Audit Manager – Residential Real Estate (LIHTC & HUD)

Job Title :

Audit Manager – Residential Real Estate (LIHTC & HUD)

Location : Chennai - Hybrid

Department : Assurance

Position Summary :

This position is part of our Affordable Housing Assurance team, supporting clients across the US from our Chennai office in a hybrid global delivery model. We are seeking an Audit Manager to lead and manage audit engagements in the Residential Real Estate sector, with a specialized focus on Low-Income Housing Tax Credit (LIHTC) and HUD compliance audits. This role is ideal for professionals with deep 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.
• Utilize proprietary tools and data analytics to enhance audit quality and client insights.
• Maintain strong client relationships and contribute to business development in the affordable housing audit space.
• Demonstrate professional creativity and provide actionable insights to improve operations

Qualifications :

What We Offer :