Title: Chief Financial Officer
FLSA Status: Exempt
BRIEF DESCRIPTION:
This position acts as the Chief Financial Officer for the agency. The purpose of this position is to oversee all financial functions and operations. This is accomplished by supervising tenant accounting activities, supervising accounts payable and payroll, overseeing the general ledger and related financial reports, overseeing the preparation of agency-wide budgets, supervise audit processes, review findings and implements changes, prepare and analyze financial reports, communicate effectively, both orally and in writing to senior and subordinate staff and outside agencies, make presentation before the Housing Board of Commissioners, and other entities as appropriate. Select, train and evaluate subordinate staff. The finance department will oversee the administration of HUD funding grants awarded to the housing authority to ensure funds are disbursed according to governmental requirements. Complete and submit all HUD financial reports and coordinating overall departmental activities with the Executive Director. In addition, coordinate activities with other Departmental Directors and staff, ensuring compliance with HUD regulations, and developing efficient ways to reach the agency goals and objectives.
Essential Functions
Perform financial, strategic planning and analysis activities; monitor operational and financial performance to anticipate and meet needs of the agency financial solvency. Prepare annual operating budget incorporating asset management project (AMP) financial accounting and submit end of fiscal year report. Supervise audit processes, review and implement changes, prepare, and analyze financial findings; and submit all financial reports.
Complete and submit all HUD financial reports. Monitor capital funds and prepare financial data statement (FDS) and submit reports as required. Be a signer for financial documents and checks for the agency. Monitor all investment activities. Perform other duties as assigned.
Coordinate final budget/subsidy with Assistant Finance Director for presentation to staff and board. Oversee preparation for annual audit/GAAP compliance. Conduct performance evaluations of subordinates; address performance and disciplinary matters. Foster strong results orientation within department; facilitate ongoing learning, well-being, professional satisfaction and development of staff.
JOB REQUIREMENTS:
Formal Education: Bachelor's degree in Accounting, Finance, Business Administration, Public Administration, or a closely related field is required. Master's degree in accounting, Finance, Business Administration (MBA), Public Administration (MPA), or related field is preferred.
Preferred Qualification: Work requires broad knowledge in a general professional or technical field normally acquired through a four-year degree or equivalent from a college. CPA certification preferred. Experience in public housing programs and application of HUD Public Housing and Tenant-Based Rental Assistance program rules and regulations. Familiarity with Site-Based budgeting and Asset Management Project (AMP).
Experience: Minimum of seven (7) years of progressively responsible financial management experience. Minimum of five (5) years in a senior leadership or management role. Experience managing governmental or nonprofit finances is required. Experience with HUD-funded programs or a Public Housing Authority is strongly preferred. Experience managing federal grants and governmental reporting requirements is preferred.
Supervision
Work requires managing and monitoring work performance of a division including evaluating program/work objectives and effectiveness, establishing broad organizational goals and realigning work and staffing assignments for the department.
Human Collaboration Skills
Final decisions regarding policy development and implementation are made and/or recommended. Interaction with others outside the organization requires exercising participative management skills that support team efforts and quality processes.
Freedom to Act
Receives Administrative Direction: The employee normally performs the duty assignments within broad parameters defined by general organizational requirements and accepted practices. End results determine effectiveness of job performance.
Technical Skills
Advanced: Work requires advanced skills and knowledge in approaches and systems, which affect the design and implementation of major programs and/or processes organization-wide. Independent judgment and decision-making abilities are necessary to apply technical skills effectively.
Fiscal Responsibility
Position has organization-wide fiscal responsibility. Assures that appropriate linkages exist between organization-wide budget, funding limitations and services levels, to meet specific departmental and organizational goals. Monitors progress toward fiscal objectives and adjusts plans as necessary to reach them. Prepares financial statements and budget reports.
Reading
Advanced - Ability to read literature, books, reviews, scientific or technical journals, abstracts, financial reports, and/or legal documents. Ordinarily, such education is obtained in at the college level or above. However, it may be obtained from experience and self-study.
Math
Intermediate - Ability to deal with system of real numbers; practical application of fractions, percentages, ratios/proportions and measurement. Ordinarily, such education is obtained in high school up to college. However, it may be obtained from experience and self-study.
Writing
Intermediate - Ability to write reports, prepare business letters, expositions, and summaries with proper format, punctuation, spelling, and grammar, using all parts of speech. Ordinarily, such education is obtained in high school up to college. However, it may be obtained from experience and self-study.
Certification & Other Requirements: Certified Public Accountant (CPA). Certified Government Financial Manager (CGFM). Certified Public Finance Officer (CPFO).
Valid Driver's License
Job Type: Full-time
Pay: From $130,000.00 per year
