The Financial Manager is responsible for all of the accounting functions with the housing authority. He/she is the primary person who assists in the annual financial audit. The Financial Manager is also responsible for purchasing functions and inventory functions. The Financial Manager reports directly to the Executive Director.
Duties
The Financial Manager is responsible for the following duties:
Responsible for managing the agency's accounting systems and controls to include:
General ledger
Accounts receivable
Accounts payable
Payroll
Employee benefits
Budgets
Cash flow management
Account reconciliation
Purchasing
Inventory control
Tax reports
Annual audit preparation
All grant programs
Supervises the Accounting Clerk and Administrative Assistants
Responsible for the preparation of monthly financial statements and reports, including preparing and presenting materials to the Board of Commissioners
Responsible for the preparation and submission of annual financial statements and operating budgets
Manages the annual audit process for the agency and affiliated partnerships, ensuring all tax and compliance reporting is completed timely and accurately
Develops, maintains, and audits written financial policies, procedures, and related materials
Ensures agency compliance with applicable government regulations and funder requirements
Responsible for HUD financial reports and REAC reports
Responsible for VMS submission
Responsible for the enforcement of the rent collection policy
Prepares and prints checks semi monthly
Manages petty cash fund
Reviews and approves deposits
Required qualifications:
Bachelor's Degree in Accounting, strong knowledge of GAAP, and five years of relevant experience or any equivalent combination of experience and training which provides the knowledge and abilities necessary to perform the work of a Financial Manager.
Demonstrated experience in governmental/nonprofit accounting or LIHTC, HUD, and real estate asset/property management.
Experience dealing with multiple entities and funds.
Experience effectively developing, monitoring, and supporting internal and external audit processes.
Ability to interpret and comply with established Federal, State and Local accounting regulations.
Demonstrated ability to organize and establish work priorities.
Demonstrated ability to communicate effectively, both orally and in writing