Brent Bozman, Controller for NeighborWorks Capital, joined the organization in 2016 with over 10 years of experience in the financial services industry. Brent supports the Chief Financial Officer in investor reporting, audit, banking and administration. Get to know Brent and learn more about the work that he’s doing.
What is your background, and what drew you to NeighborWorks Capital?
I’m a licensed CPA and began working as an Auditor after college. I spent my first five years working for a few different accounting firms with a focus on real estate audits. From there, I took a Senior Accountant position at Parsons, an engineering firm headquartered in Virginia. After working at the engineering firm for about six years, I moved on to the National Association of Social Workers as an Assistant Controller, which was my first job in the nonprofit sector. After some time, I was interested in taking on more responsibility, so I began searching for a Controller position. I wanted to stay in the nonprofit sector, and I was interested in the affordable housing field. I found the Controller position at NeighborWorks Capital, and it felt like a natural next step which has allowed me to build on my previous experience and take on more responsibility. I joined NeighborWorks Capital team in September of 2016.
What does a typical day look like for you, and how does your work impact the organization?
The biggest component of my work is generating the financial statements for monthly close, and that is my focus for the first week and a half of every month. I work on accounts payable which involves paying the bills, ensuring that invoices get approved, and borrowers get paid. I oversee accounts receivable where we bill for loan interest. I also handle reporting, and we report quarterly on our borrowers. I coordinate with our auditors CohnReznick on both an interim audit and end of year audit. They create a list of everything that’s needed, and I coordinate with our team to provide the required documents and information. After the information is submitted, we draft the financial statements and audit report that is then reviewed by the auditors. The number one responsibility of my role is to get a clean audit opinion every year, which we’ve done every year. In general, I focus on providing accurate, timely financial information so the leadership team has the information they need to make decisions on strategic planning and operations.
What do you like about working at NeighborWorks Capital?
I work with a great team, and I really enjoy the working environment. Everyone is helpful and willing to pitch in when necessary.
What keeps you interested in Affordable Housing Development and Community Development finance?
I am always thinking of ways we can improve the processes with new systems and new development. Since I’ve been here, we’ve switched to a new system for expense reports and I’m always looking for ways to automate things and finding new ways to improve our systems.