What are the responsibilities and job description for the Accountant position at Mississippi Regional Housing Authority No VIII?
Summary: The Accountant performs professional-level accounting duties in the Authority’s Finance Department. This position is responsible for maintaining the general ledger; preparing, reviewing, and reconciling financial records; monitoring property-level financial activity; assisting with audits; and ensuring compliance with generally accepted accounting principles (GAAP), HUD requirements, and applicable federal, state, and local regulations. The requirements listed below are representative of the knowledge, skill and/or ability required.
Duties/Responsibilities:
· Calculates and records accounting entries and transactions; reconciles escrow, debt service, trustee, and other accounts, including client and tenant liabilities, throughout the year and at year end.
· Assists in monitoring all financial transactions for assigned properties; records and adjusts project costs, revenues, assets, and liabilities.
· Monitors debt and interest payment processes; prepares interest accrual entries; records and allocates interest expense; verifies principal balances and interest paid and earned.
· Prepares monthly reconciliations and detailed reconciliation reports for general ledger and subledger accounts.
· Prepares, reviews, and posts general ledger entries and ensures accuracy and completeness of financial records.
· Prepares other transactions, reports, schedules, and detailed workpapers as required for the Agency, its properties, and programs.
· Prepares, files, or participates in the preparation of financial and compliance reports for HUD, investors, lenders, and other external parties.
· Assists with preparation of the Agency’s annual financial report and annual audit.
· Monitors, reviews, and assists with accounts payable, accounts receivable, payroll processing, inventory postings, fixed assets, and other Finance Department operations.
· Coordinates with accounting and payroll software vendors, as appropriate, and recommends process or system improvements.
· Cross-trains on all Finance Department functions to support continuity of operations.
· Other related duties as assigned.
Required Knowledge/Skills:
· Financial practices, including accounting, budgeting, and forecasting.
· Principles and practices of modern financial management techniques.
· Budget preparation and control; public sector or governmental accounting experience preferred.
· Principles and methods of effective professional communication.
· Recordkeeping and records management techniques, including archival requirements.
· Effective use of Microsoft Office Suite; advanced proficiency in Excel required.
· Accounting systems and financial management software.
Required Ability To:
· Work independently and exercise sound professional judgment.
· Read, interpret, apply, and adhere to rules, regulations, policies, and procedures.
· Maintain accurate records, archive documents according to regulatory requirements, and prepare reports.
· Communicate professionally and tactfully in English, verbally and in writing, with co-workers, supervisors, directors, clients, vendors, and other stakeholders.
· Plan, prioritize, organize, and manage work effectively to meet deadlines and timelines.
· Establish and maintain respectful, cooperative, and effective working relationships.
· Demonstrate a high level of attention to detail and accuracy.
· Follow written and verbal directions consistently.
· Learn and apply new software applications and processes as required.
· Understand and apply laws, rules, regulations, and standards related to assigned activities.
· Uphold the values of the Agency and work in support of its mission and strategic plan.
Education and Experience:
· Bachelor’s degree in Accounting, Finance or related field required, or an equivalent combination or education and experience.
· Three (3) to five (5) years of progressively responsible accounting or finance experience required
· General knowledge of the application of established bookkeeping and accounting principles and techniques to governmental and quasi-governmental accounting transactions.
· General knowledge of federal, state and local fiscal regulations, policies and procedures.
· Working knowledge of modern office practices and procedures.
· Considerable knowledge of payroll processes and procedures.
· Valid driver’s license
· Must possess computer skills including working knowledge of Microsoft Office Suite.
Physical Requirements:
· Prolonged periods of sitting at a desk and working on a computer.
· Ability to communicate verbally and hear in person or by telephone.
· Visual acuity sufficient to review financial documents and computer screens.
· Ability to occasionally lift and/or move materials weighing up to 15 pounds.
SMHA is fully committed to abiding by all equal opportunity employment standards. Our employment policies strictly prohibit all forms of discrimination on any of the grounds in relevant laws. All our employment practices are solely based on individual merit and our organization's needs at the time.
All offers are contingent on passing a background check, drug panel and MVR.
SMHA is a drug free workplace.
Pay: $50,000.00 - $60,000.00 per year
Benefits:
- Dental insurance
- Disability insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid sick time
- Paid time off
- Retirement plan
- Vision insurance
Work Location: In person
Salary : $50,000 - $60,000