Accountant I

Position Summary

The purpose of this position is to assist in performing the Agency’s accounting functions as related to Low Income Housing Tax Credit (LIHTC), Project Based Voucher (PBV) and Section 8 Housing Choice Voucher (HCV) and other Public Housing (PH) programs. These tasks are to be performed in compliance with National Standards for the Physical Inspection of Real Estate (NSPIRE), Public Housing Assessment System (PHAS), Section 8 Management Assessment Program (SEMAP) and other HUD required evaluation systems.

Responsibilities

The duties listed below illustrate the various types of work that may be performed. The omission of specific statements regarding duties does not exclude them from the position if the work is similar, related, or a logical assignment in association with this position. Undertakes and performs the following and all other work-related duties as assigned.

1. Directs and controls the tenant accounting activities, the processing of accounts payable and accounts receivable, the General Ledger activities, and the cash flow.
2. Prepares journal vouchers for input to general ledger. Maintains and controls monthly General Ledger closing calendar, and controls monthly General Ledger closing to meet the established closing calendar deadlines. Prepares monthly financial reports for departments, directors and MIS meetings.
3. Monitors all income and expenses for effective budgetary control. Projects income and expenses, performs variance analyses, and makes recommendations.
4. Maintains control over tenant accounting function. Reconciles Daily Statement of Operations and Tenant Ledger to General Ledger. Assists housing management with questions about payments, move outs, collection loss, security deposits, etc. Checks payments and reconciles cash at the end of the month for various cash accounts.
5. Adheres to all laws and regulations governing fiscal record keeping.
6. Assists Accountant II to control the tenant accounting function. Reviews and balances payments collected and reconcile cash at the end of the month. Assists housing management with questions about payments, move-outs, utility refunds, collection loss, security deposits, etc.
7. Assists in the development and maintenance of internal control. Audits and reviews tenant accounts. Receives all collection loss payments. Responsible for account reconciliation for the General Ledger.
8. Reviews General Ledger for unusual items and misclassified items, analyzes accounts and makes corrections.
9. Prepares reconciliations for all assigned bank accounts, properly identifying reconciling items, corrects and notifies the bank of their errors.
10. Assists the Chief Executive Officer with accounting functions of the Agency in relation to the LHITC, PBV, HCV and PH or any other programs and grants administered.
11. Analyzes and monitors monthly cost activity versus budget.
12. Prepares and submits payroll related reports including monthly retirement reports, and quarterly federal tax and unemployment compensation reports.
13. Tracks and maintains payroll and fringe benefit allocations based on cost. Codes all insurance and payroll tax bills using MS Excel Spreadsheet.
14. Audits travel/mileage expense reimbursement information.
15. Prepares reconciliations for assigned AMPs, including assets & liabilities.
16. Deposits, tracks and maintains reconciliation for various cash receipts including repayment agreements for tenants, landlords, portability, and Family Self-Sufficiency (FSS) participant detail.
17. Assists in year-end financial audit and closing of ledgers.
18. Codes and balances utilities, switch utilities from tenants to the Agency.
19. Audits payroll for accuracy.
20. Ensures privacy and maintains security of confidential materials sent to the Finance Department.

Job Type: Full-time

Pay: From $43,227.81 per year

Benefits:

• Dental insurance
• Health insurance
• Life insurance
• Paid sick time
• Paid time off
• Retirement plan
• Tuition reimbursement
• Vision insurance

Application Question(s):

• Bachelors Degree in Accounting
• Two (2) years of progressively responsible experience in bookkeeping, accounting, finance, or closely related field or an equivalent combination of education and experience.
• 1. Good knowledge of GAAP, basic bookkeeping principles, recordkeeping procedures, budgeting, cost allocation, auditing, and financial reporting.

Work Location: In person