PRIMARY RESPONSIBILITIES: This position will report to the Finance Manager and work closely with the Deputy Executive Director for Finance and Administration. The Accountant position will perform accounting activities as well as higher level analysis and financial reporting. The Accountant shall develop, interpret, and implement complex financial and accounting concepts/techniques by researching and resolving issues for financial planning, analysis, journal entries, reconciliations, control and auditing of all types of financial transactions including but not limited to operations, fixed assets, capital funds and grant programs. The incumbent will be responsible for reviewing and administering all general accounting functions, internal audits,
financial statement preparation and preliminary work for external audits and year-end processes.
This position will support the RHA with site based accounting, budgeting and forecasting as mandated by HUD as well as other special projects from the Finance Manager or Deputy Executive Director. This position will also lead internal audit initiatives to develop best practices in accordance with GAAP and accounting procedures and/or systems for Site Based Accounting. This position will assist with the responsibility for RHA year-end audit preparedness. This position will make decisions, propose actions and recommendations to the Finance Manager based upon sound financial reasoning. This position will promote greater accounting integrity and efficiency for reporting and auditing.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
1. Analyzes financial information detailing assets, liabilities, equity, income and expenditures. Prepares and
reviews monthly fund financial statements. Distributes monthly financials to AMP managers and other departments for review. Assists with analyzing and forecasting fund income and expenditures.
2. Conducts internal audits of general ledger accounts to accelerate the Authority's year-end and annual audit
process. In addition, other internal audits may include accounts receivable, payroll, capital funds, procurement, financial systems, and accounts payable business transactions as directed by Finance leadership.
3. Compiles and analyzes financial information to prepare JV's to account in the G/L to document business
transactions. Recommends remedial actions on accounting irregularities with follow-up on best new practices.
4. Prepares monthly Section 8 reports including, but not limited to: VMS submissions, utilization tracking,
funding schedules, cash analysis, reconciliations, transfer schedules and budget comparison reports. Provides recommendations to Management regarding leasing, scheduling, portability and monthly payout processing.
5. Performs site-based accounting and budgeting functions as assigned by the Finance Manager. Duties
include preparing annual budgets, calculating approved site-based accounting fees, and reviewing allocation methods.
6. Monitors and analyzes expenditures from LIPH, Section 8, capital fund and grant funding sources to insure
budget guidelines are not exceeded and reports on-going status to Finance Manager. Analyzes current