JOB SUMMARY
The Director of Finance and Accounting is responsible for leading the accounting, financial reporting, budgeting, audit coordination, internal controls, and financial analysis functions for the Manchester Housing Authority and its affiliated nonprofit, for-profit, subsidiary, and development entities. This position ensures accurate and timely financial reporting, supports regulatory compliance, prepares monthly reports for the Board of Commissioners, and provides financial guidance to support effective organizational decision-making.
The Director provides oversight of accounting operations, accounts payable, budgeting, cash management, financial modeling, expense procedures, and reporting for HUD and other housing programs. The position is responsible for maintaining strong financial systems and internal controls, maximizing program funds through sound budget management, supporting RAD, Housing Choice Voucher, operating budget, and multifamily project analyses, and preparing financial information for leadership, management, auditors, and regulatory agencies.
The Director supervises and trains accounting staff and reports directly to the Deputy Director and Executive Director.
ESSENTIAL FUNCTIONS
Manage day‑to‑day accounting operations
- Develop and implement month‑end closing procedures and coordinate activities with accounting staff.
- Coordinate revisions to grants and budget amendments with HUD.
- Verify accuracy and completeness of general ledger account balances.
- Review monthly and quarterly financial statements for distribution to leadership and management.
- Review energy program utility consumption reports supporting HUD subsidy calculations and fiscal budgets.
- Assist Directors and Department Managers in monitoring approved budgets.
- Ensure the chart of accounts is compatible with HUD systems to promote timely reporting.
- Oversee daily cash management of bank accounts.
- Serve as liaison with the M.I.S. department regarding systems changes affecting accounting operations.
- Review and analyze the Financial Data Schedule (FDS).
- Establish and maintain PHA‑WEB computer modules to support input and reconciliation processes.
Oversee year‑end accounting functions and prepare annual budgets
- Prepare HUD operating fund (subsidy) calculations.
- Prepare year‑end audit schedules and work with external auditors to support audit activities.
- Prepare the MD&A report for inclusion in audited financial statements.
- Prepare the agency‑wide operating budget and assist with Board presentations, including budgets for affiliated entities.
- Review and update accounting procedures manuals as needed.
- Research IRS regulations to ensure compliance.
- Prepare and file local government personal property tax returns.
- Coordinate the annual fixed‑asset module in PHA‑WEB.
- Prepare financial data reports to support audits and HUD REAC submissions.
Financial Modeling & Analysis
- Develop financial models and analyses of business activities and programs.
- Coordinate with Asset Management for financial analysis support.
- Develop models to assist in program cost analysis.
- Maintain financial planning models and support design and implementation of new financial reports.
- Assist in developing pro‑forma financials and evaluating economic, demographic, and real estate market data.
- Provide comprehensive analysis of new HUD programs to support organizational decision‑making.
- Work with Finance and non‑financial staff to develop and maintain forecasts.
General & Tax Credit Accounting
- Oversee general ledgers for multiple programs (Public Housing, HAP, Capital Fund, State/City programs, Real Estate Development projects, subsidiary organizations, etc.).
- Ensure transactions comply with GAAP, HUD requirements, and organizational financial policies.
- Interpret operating results and make recommendations to improve cost efficiency and performance.
- Monitor accounts for accurate accounting classification of expenditures.
- Assist with HUD, Tax Credit, and independent audits.
- Prepare financial statements, budget‑to‑actual reports, reconciliations, and variance analyses.
- Support operating departments with budget preparation and cost‑center reporting.
- Assist with the implementation of accounting‑related computer applications.
- Prepare federal and state tax returns as required.
- Evaluate internal accounting systems and recommend improvements.
- Maintain strong knowledge of housing, HAP, and real estate accounting.
- Oversee cash‑flow planning.
- Perform other related duties as assigned.
KNOWLEDGE, SKILLS, AND ABILITIES
- Knowledge of MHA policies and procedures
- Knowledge of HUD and other regulatory financial requirements
- Knowledge of management and supervisory principles
- Knowledge of accounting principles and practices
- Knowledge of accounting software
- Skill in report preparation
- Ability to plan, organize, and assign work to meet HUD and organizational requirements
- Ability to compile data and prepare reports
- Strong verbal and written communication skills
- Ability to build effective working relationships
- Ability to analyze financial data and make recommendations
- Ability to understand and follow instructions
- Ability to manage work projects
- Ability to anticipate problems and initiate corrective action
- Ability to evaluate staff performance
- Skill in financial data analysis and summarization
- Skill in using computers and PHA‑WEB
- Skill in applying accounting principles
- Skill in developing accounting policies and procedures
BEHAVIORAL COMPETENCIES
- Job Knowledge: Demonstrates required knowledge, judgment, and decision‑making.
- Initiative: Actively seeks solutions and applies feedback for growth.
- Commitment: Sets high standards, pursues goals, and follows through despite challenges.
- Professional Behavior: Maintains courtesy, honesty, and professionalism.
- Responsiveness & Accountability: Works conscientiously and takes responsibility for output.
- Reliability & Judgment: Produces accurate, timely work with sound reasoning.
- Teamwork: Supports team goals, welcomes feedback, and fosters positive collaboration.
EDUCATION AND EXPERIENCE
- Bachelor’s degree in accounting, finance, or related field
- Minimum four (4) years of experience as an Accountant, preferably in Real Estate Development
- CPA preferred
- Experience with development project accounting and related‑party transactions
- Experience in Accounts Payable, revenue collection, journal entries, general ledger review, budget preparation, and financial statement review
- Proficiency with both manual and automated systems
- Strong administrative, analytical, and communication skills
- Proficiency with Microsoft Office
PERSONAL CHARACTERISTICS
- High energy and ability to multitask
- Strong analytical reasoning
- Excellent numerical skills
- Strong organizational abilities
- Excellent interpersonal skills
- Ability to establish credibility and support organizational priorities
ETHICs
As a government‑funded agency, MHA expects employees to perform duties with integrity, professionalism, honesty, and dedication to public service.
OTHER REQUIREMENTS
- Proof of U.S. citizenship or lawful employment authorization
- Successful completion of criminal background check and drug testing, pre‑ and post‑employment
DISCLAIMER
This job description outlines the general nature and responsibilities of the position but is not an exhaustive list. Management reserves the right to modify duties at any time without notice. MHA is an Equal Opportunity Employer.
Pay: $90,000.00 - $100,100.00 per year
Benefits:
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Work Location: In person
