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Financial Accountant III

Detroit Housing Commission

Detroit, MI·Posted 13d ago

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Avg $67k–$110kFull-TimeCommission

SUMMARY

The purpose of this position is to perform professional level accounting work, including preparing, analyzing, and verifying fiscal records and reports, preparing financial and statistical reports, reconciling General Ledger accounts as assigned, and ensuring that all transactions are posted properly each month. Responsibilities may also include generating monthly financial statements and management reports including budget vs. actual variance analyses, financial forecasts, and complying with existing accounting practices and procedures.

EDUCATIONAL REQUIREMENTS

Bachelor's degree in accounting required
Five years of experience in public accounting, performing reconciliations, preparing workpapers, and monitoring activities and workflow is highly preferred
Yardi experience and training preferred
Active CPA license preferred

EXPERIENCE REQUIREMENTS

Minimum three years of relevant experience in a professional accounting capacity.
Solid understanding of generally accepted accounting principles (GAAP), particularly in the governmental sector Analyzes general ledger accounts for accuracy; analyzes accrual accounts to ensure proper accruals.
division quickly and accurately.
Must be well-organized and a self-starter.

OTHER REQUIREMENTS

Must have or be able to acquire a valid state of MI driver’s license
Must pass federal, state, and local criminal investigation clearances, and pass a drug screening test
Must be bondable and insurable under the agency’s insurance policy

KNOWLEDGE

Knowledge of Housing & Urban Development Public Housing regulations and policies pertinent to the department
Knowledge of HUD programs, requirements, and policies/procedures
Knowledge of DHC and departmental policies, procedures, and goals
Knowledge of organization’s structure, policies and procedures.
Knowledge of standard office procedures, filing, and standard office equipment, including computer, fax, copier, telephone system
Knowledge of the principles and practices of automated information systems, and data processing
Knowledge of the operation of commission and HUD computer system and software
Knowledge of basic office practices, procedures, and equipment
Knowledge and understanding of Generally Accepted Accounting Principles and Federal/State financial regulations
Knowledge of the principles and practices of financial management, and ability to supervise and train employees
Knowledge of Uniform Relocation Assistance, Cost Control and Safe Harbor Requirements
Knowledge of accounting-related software
Knowledge of sales and use tax procedures
Knowledge in Development of new ACC units; understanding of accounting principles, grants accounting, and applicable HUD regulations
Knowledge of federal, state and local financial regulations related to accounting and financial record-keeping
Knowledge of financial regulations pertaining to HUD, low-income housing, HOPE IV, RHF and related programs
Knowledge of HUD programs, requirements and policies & procedures
Knowledge of US Generally Accepted Accounting Principles (GAAP)
Knowledge of fund and governmental accounting practices and principles
Knowledge of the principles and practices of budgeting and budget administration
Knowledge of the principles and practices of grants management
Knowledge of the principles and practices of contract administration
Knowledge of time and attendance requirements, payroll regulations and reporting procedures
Knowledge of time and attendance requirements, payroll regulations and reporting procedures
Knowledge of advanced cost and financial analysis principles and techniques
Knowledge of non-profit audit requirements and preparation. Yardi experience highly desirable
Extensive knowledge of applicable accounts payable & receivable/general ledger systems and procedures, financial chart of accounts and corporate procedures
Knowledge of auditing and reviewing

REQUIRED ABILITIES

Act independently
Analyze situations
Attend to details
Communicate verbally
Communicate in writing
Concentrate
Empathize
Identify problems
Initiate
Manage pressure
Motivate
Multi-task
Organize
Problem solves
Think creatively
Adaptability
Work Independently
Financial Mathematics

REQUIRED SKILLS

Analyze invoices, purchase orders and requisitions accurately
Apply accounting principles and practices
Calculate, compute, summarize and/or tabulate data and information
Communicate effectively orally or in writing with relevant stakeholders, internal and external, from a variety of backgrounds
Communicate technical ideas clearly and effectively
Determine whether and when to make payments and ensure applying correct account numbers to invoices and claims
Develop and maintain effective working relationships with stakeholders to accomplish organizational goals
Forge strategic partnerships with relevant stakeholders
Maintain accurate financial records
Manage multiple priorities and demands within established requirements
Manage time effectively to ensure all work is completed timely and effectively
Master position-specific software
Operate standard office equipment
Plan, organize, and complete work and special projects in order to meet organizational goals
Prepare accounting and financial reports
Prepare accounting reports using a variety of software options
Prepare clear and accurate reports for informational, auditing and operational use
Prepare, analyze and audit accounting, fiscal, payroll and leave data Provide high level, quality customer service both internally and externally
Read and understand department specific documentation, and policies and procedures
Reconcile accounts, records, reports and journal
Strong reconciliation and problem-solving skills, research and resolution skills, data analysis and multi-tasking skills; detail-oriented

SUPERVISORY RESPONSIBILITIES

No direct employee supervisory responsibilities

REPORTS TO

Controller

ESSENTIAL JOB FUNCTIONS

[The fundamental job duties the individual must be able to perform, with or without accommodation; removal of these functions would fundamentally change the job]

Prepare and analyze supporting schedules and work papers for accounts and programs, as required for internal use as well as the external audit
Prepares and ensures accuracy an integrity of accounting and transactional records to ensure proper financial reporting.
Prepare bank reconciliations on assigned accounts or areas Manage/complete HUD reporting requirements in assigned areas Assist with budget preparation and loading of data
Grant Reconciliation-High-Quarterly, Reviewing Payables-High-Weekly, Preparing audit workpapers
Assist in the preparation of monthly and consolidated financial statements Prepare monthly budget vs. actual variance analysis
Perform reconciliations and analysis of account balances monthly Complete month-end close activities in a timely manner
Update sub-ledgers and disbursement registers; reconcile to General Ledger balances
Prepare and review journal entries to the General Ledger as needed, including all necessary back-up documentation Prepare and submit standard recurring monthly journal entries on a timely basis
Manage daily billing/invoicing. Prepare cash deposits
Record deposits into accounting system
Prepare journal entries, general ledger account analysis, cash management. Complete month-end closing
Reconcile various general ledger accounts. Assist in preparing financial statements.
Reconcile notes receivable balances and related transactions, ensuring accurate recording and reporting.
Gather, review and submit operating subsidy documentation and supporting information in accordance with applicable requirements and deadlines.
Read, interpret, and review financial, operational, and program-related documents
Assist with preparation for the audit process and work with outside auditors.
Assist with implementing and maintaining internal financial controls and procedures.
Maintain files and documentation thoroughly and accurately, in accordance with company policy and accepted accounting practices.
Perform special accounting assignments and other related duties as assigned by Controller or CFO

SUPPLEMENTAL FUNCTIONS

[These are job duties the individual must be able to perform, with or without accommodation; removal of these functions would NOT fundamentally change the job]