Financial Accountant III

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]

• All other duties as assigned

PHYSICAL ACTIVITIES AND DEMANDS

• Ascending/descending stairs
• Grasping/ finger manipulation
• Visual acuity
• Ascending/descending ladders
• Sitting
• Standing
• Walking
• Reaching
• Bending
• Kneeling
• Crouching
• Discerning colors
• Lifting
• Carrying
• Pushing
• Pulling
• Lifting up to 50 Lbs

EQUIPMENT

• Computer/laptop
• Monitors
• Copiers/printers
• Scanners
• Phones

WORK ENVIRONMENT

• Indoor environments

SOFTWARE

• Internet software
• Accounting software
• Customer relationship management software
• Contract management software
• Financial systems
• Payroll/human resources
• Spreadsheet software
• Word processing software