Nitin Gupta, MBA
Compliance Management Analyst at Housing Opportunities Commission- Claim this Profile
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Bio
Credentials
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Affordable Housing ABCs: A Guide for new Commissioners & new staff
NAHROMar, 2021- Nov, 2024
Experience
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Housing Opportunities Commission
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United States
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Individual and Family Services
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200 - 300 Employee
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Compliance Management Analyst
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Aug 2022 - Present
• Ensures program data meets HUD systems' requirements for compliance in the Section 8 Public and Indian Housing Information Center (PIC) and related reporting systems including federal or state programs.• Evaluate, investigate and work closely with colleagues to identify solutions to a variety of data related problems and issues. Coordinate with Management to produce reports as required to ensure integrity of programmatic data and provide ongoing monitoring of program operations.• Analyze data related to ongoing reporting to ensure compliance with mandated guidelines, regulation and contractual obligations.• Analytical, investigation and organizational skills for evaluation of information gathered from multiple sources.• Ability to reconcile and decompose information into details in order to distinguish solution ideas from requirements.• Provide strategic and tactical support to ongoing program operations by analyzing and interpreting data to provide creative solutions. Show less
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Financial Analyst
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May 2020 - Present
• Reconcile Housing Choice Voucher vendor and client ledgers on monthly basis.• Analyze and collect landlord receivable balances resulting from subsidy overpayments.• Generate repayment agreements and referrals to collection agencies.• Responsible for monitoring receivable balances for incoming portable clients and work with staff and Public Housing Authorities to collect the outstanding debt.• Create reoccurring payables for outgoing portable clients and reconcile FSS escrow accounts and submit monthly reports of all financial activity.• Create monthly reports for Housing Resources Division related to port-in receivable balances, Monitor and update project-based voucher spreadsheets.• Assist with financial reporting and analysis, including budgeting, forecasting, variance analysis, financial reporting, and Profit & Loss (P&L) management• Identify and resolve complex and sensitive financial and accounting operations deficiencies and establishes internal controls. Show less
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Financial Accountant
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Jul 2017 - May 2020
• Record all monthly and quarterly adjustment entries for portfolio of 7 residential properties. • Prepare formal reconciliations for all the balance sheet accounts including bank account reconciliations. Analyze and review the financial statements prepared within HOC as well as those prepared/submitted to HOC by external management companies.• Review/upload/analyze monthly GL submissions received from external management companies into Yardi. Review and communicate any accounting/reporting issues noted to external management companies.• Coordinate and prepare all agency as well as portfolio related PBC schedules requested by the auditors. Review annual audited financial statements and post all the audit adjustments for both agency and entire portfolio.• Prepare annual cash flow statement and financial statement variance analysis for all properties under foreclosure.• Work collaboratively with the Budget Department annually in providing timely/accurate information for both OH and Tax Credit properties Show less
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Promark Partners
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United States
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Real Estate
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1 - 100 Employee
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Accountant
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May 2015 - Apr 2017
• Prepare and review monthly financial statements for a portfolio of 19 commercial properties. • Post revenue, expense accruals, prepaid and other miscellaneous entries and review general ledger for accuracy as part of the month-end close process. • Calculating and filling Florida State sales tax and other miscellaneous state and local tax returns • Complete monthly bank reconciliations and demonstrate cash management essential to timely payments including, but not limited to mortgages, bonds and owner’s distributions. • Resolves and handles accounting issues with business managers, property managers, and clients. • AR – tenant deposits, cash receipt entry, posting of tenant misc. billings and overall transactional maintenance of tenant account with assistance from Lease Administration. • Prepare annual PBC’s for presentation to external auditors for entire commercial portfolio. • Perform other duties on a monthly basis as requested by senior management. Show less
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Edgewood Management
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United States
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Real Estate
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100 - 200 Employee
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Staff Accountant
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Jun 2014 - May 2015
• Calculate and record monthly revenue and expense accruals, entries, and other miscellaneous entries for assigned portfolio as part of the month end close process.• Prepare monthly financial statements (B/S, P&L and C/F) with all supporting schedules for a portfolio of 10 apartment communities submitted to property managers. Perform accounts receivable for a separate portfolio of 10 properties.• Complete monthly bank reconciliations and variance analysis to be utilized by property managers in daily operations.• Perform variance and other ad hoc analysis on a monthly basis as requested by senior management. Show less
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Accounts Payable Specialist
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Apr 2011 - May 2014
• Processed approximately 200 invoices for a portfolio of 40 properties weekly.• Ensured all invoices were properly supported and are coded to the correct department and general ledger account. • Managed weekly check runs and timely payment distribution for properties. • Was responsible for the setup and maintenance of all vendors associated with assigned property portfolio and interfaced directly with vendors on a recurring basis to resolve invoice disputes and payment deviations.• Assisted the Accounts Payable Manager with month end close process by ensuring adherence to GAAP, and with respect to deadlines for invoice processing and the drafting of expense accruals.• Reviewed and analyzed monthly AP Aging Reports for assigned property portfolio; resolved outdated payables issues as needed and recommended solutions to improve high volume payment processing. Show less
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Education
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2011 - 2015
Montgomery College
Courses Taken In Preparation For CPA Eligibility, Accounting -
2007 - 2009
Sikkim Manipal University of Health, Medical and Technological Sciences
Master of Business Administration (M.B.A.), Finance, Business -
2001 - 2005
Punjabi University
Bachelor's Degree, Psychology, Political -
Sikkim Manipal University, Gangtok
Master of Business Administration - MBA, Finance, Marketing
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