VIRGINIA HOUSING   RICHMOND, VA   Full-time     Information Services / Technology (IT)
Posted on April 22, 2022
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Construction Loan Accountant

Glen Allen, VA, USA Req #338
 Thursday, April 14, 2022

We’re looking for amazing people! Come join Virginia Housing as a Construction Loan Accountant in our Rental Housing Division.

This important role will be responsible for closing construction and permanent loans in coordination with the lending staff and legal department.  The Construction Loan Accountant will process monthly construction draws and coordinate title endorsements and wire transfers.

Responsibilities will include:

  • Processing loan closings and managing the funding of loans from construction closing to permanent conversion
  • Receiving and processing loan fees and refunds
  • Maintaining various loan security instruments and tracking renewals or extensions
  • Reviewing and processing monthly construction draw disbursements and loan closing disbursements for accuracy and coordinating draw funding with internal staff and title agents
  • Communicating with borrower, title company, and other parties to review Virginia Housing policies and requirements
  • Maintaining and tracking letters of credit and incoming wires, depositing checks and wiring funds to title agents    

Qualified candidates must possess:

  • Associate’s degree in Accounting or similar field or relevant work experience
  • Several years’ experience in Accounting functions in the construction industry and/or managing project budgets 
  • Strong communication, bookkeeping, time management, and analytical skills including attention to detail 
  • Ability to work independently without significant supervision and process multiple projects simultaneously and prioritize as needed to meet mission critical deadlines

Virginia Housing is one of the nation’s premier housing finance organizations. Our mission is to help Virginians attain quality, affordable housing, which we accomplish through our public-private partnerships.
We are focused on employee engagement and committed to a healthy and diverse workforce. We offer on-site conveniences such as a fitness center and free parking. Educational opportunities to help your advancement are available through classroom and online programs.

Applications and resumes are accepted online only at

This position will close at midnight on Friday, May 13, 2022.

This position will be located at our Glen Allen, Virginia location.

Hiring Range: $54,494 - $70,841
Background and credit checks will be performed as a condition of employment.

- EOE -