QUALIFICATIONS: An example of acceptable qualifications for this position:
Possession of a Bachelor’s degree from an accredited college or university in Accounting, Finance, or related field; six (6) or more years of related experience and/or training; or any equivalent combination of education, experience, and/or training in the affordable housing industry, specifically LIHTC projects involving 8609 Tax Credit Cost Certification filings and HUD audits.
LICENSURE OR CERTIFICATION REQUIREMENTS:
CPA preferred
EQUIPMENT OPERATED: The following are examples only and are not intended to be all inclusive.
Calculator, computer, computer software (e.g., Microsoft Office, Great Plains, and other applicable computer software), mobile phone, fax machine, copier, scanner, telephone, postage machine, and other standard modern business office equipment.
INHERENTLY HAZARDOUS OR PHYSICALLY DEMANDING WORKING CONDITIONS:
Employee has exposure to chemical compounds found in an office environment (e.g., toner, correction fluid, etc.); this is considered sedentary work and the employee must demonstrate the ability to perform the physical demands required of the position in accordance with the U.S. Department of Labor’s physical demands strength ratings.
In cases of emergency, unpredictable situations, and/or department needs, may be required to lift, push, pull, and/or carry objects heavier than D.O.L. strength ratings recommend.
JOB DESCRIPTION AND WORKER CHARACTERISTICS:
JOB DUTIES in order of importance
ESSENTIAL FUNCTIONS OF THE POSITION: For purposes of 42 USC 12101:
50% (1) Plan, organize and manage medium to large projects (including LIHTC) requirements that are applicable to the Finance Department. Review project’s Permanent File such as Operating Agreement, Management Agreement, Loan Agreement, and project’s Pro Forma. Organize and manage project’s requirements which includes document submission for loan draws, capital disbursement requirements and surplus cash calculation. Manage the construction accounting and reporting functions and facilitate the transition to production accounting. Work with Development Team and Design and Construction Team through all phases of a project from initial concept to placed in service date. Gather and organize required documents for the initial HUD audit and 8609 Tax Credit Cost Certification filings for new LIHTC construction. Responsible for assimilating new properties into the CMHA’s portfolio through new construction and acquisitions. Implement accounting procedures and systems for new projects to ensure proper controls and reporting are in place.
15% (2) Manages and supervises all assigned employees (e.g., assigns tasks; recommends the hiring of job applicants; recommends discipline; receives grievances or employee complaints; attends or participates in meetings in which policy questions are reviewed or discussed; develops and implements policy; recommends policy changes; has access to financial data used in monitoring department revenue/income, etc.); reviews work for accuracy and conformance to accounting standards.
20% (3) Prepares monthly financial statements, and other financial analysis for approval by the Controller; ensures correct information on monthly Board report prior to submittal to the Controller; prepares monthly reports for internal meetings that pertain to budget, expense review, and annual performance of properties; reviews and analyzes financial information provided by Third Party Management Accountants for accuracy and completeness, to include providing feedback and correcting entries; prepares and examines accounting records, including financial statements and other financial reports to assess accuracy, completeness, and conformance to standards defined within the department; oversees, reviews, and reports General Ledger activity ensuring accurate coding by reviewing supporting schedules that detail administrative and maintenance expenses; reviews, approves, and prepares assigned account reconciliations and journal entries; works closely with other section supervisors to ensure that input into General Ledger is fulfilling the Authority’s needs; maintains accounting controls by following policies and procedures and ensuring compliance with federal, state, and local financial legal requirements.
10% (4) Attends meetings and serves on committees, as directed; attends training and seminars, as directed.
(5) Demonstrates regular and predictable attendance.
(6) Maintains required licensure and/or certification.
(7) Meets all job safety requirements and all applicable OSHA safety standards that pertain to essential functions.
OTHER DUTIES AND RESPONSIBILITIES:
5% (8) Performs other related duties as assigned.
MINIMUM ACCEPTABLE CHARACTERISTICS: (*indicates developed after employment)
Knowledge of: generally accepted accounting principles (GAAP); Low Income Housing Tax Credit (LIHTC) including 8609 Tax Credit Cost Certification filings and HUD audits; RAD (Rental Assistance Demonstration); basic accounting; finance; budgeting; office practices and procedures; *Agency/department goals and objectives; *Agency/department policies and procedures; *workplace safety practices and procedures; *personnel rules and regulations; supervisory principles and practices; computer software; community resources and services; office management; government structure and process; government grant programs; state, federal, and local laws and/or regulations; employee training and development; local geographical area; English grammar and spelling; the relationship of Public Housing Authority’s to other federal, state, and local jurisdictions and their abilities to provide funds or other support to the Authority; pertinent HUD regulations; federal, state, and local laws and regulations pertaining to public housing authorities.
Skill in: computer operation; use of modern office equipment; organization, planning, and time management.
Ability to: interpret a variety of instructions in written, oral, picture, or schedule form; deal with many variables and determine specific action; define problems, collect data, establish facts, and draw valid conclusions; exercise independent judgment and discretion; understand, interpret, and apply laws, rules, or regulations to specific situations; read, copy, and records figures accurately; add, subtract, multiply, and divide whole numbers; calculate fractions, decimals, and percentages; copy records precisely without error; complete forms; prepare correspondence; compile and prepare reports; respond to routine inquiries from public and/or officials; communicate effectively; train or instruct others; understand a variety of written and/or verbal communications; maintain records according to established procedures; handle sensitive inquiries from and contacts with officials and general public; develop and maintain effective working relationships; resolve complaints; travel to and gain access to work site; maintain confidentiality; reconcile accounts; review financial statements.
