FINANCIAL ACCOUNTANT III
SUMMARY
The purpose of the Financial Accountant III 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.
EDUCATION REQUIREMENTS
• Bachelor’s Degree in Accounting required.
QUALIFICATIONS
• 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.
• Prepares and ensures accuracy and integrity of accounting and transactional records to ensure proper financial reporting.
• Strong reconciliation and problem-solving skills, research and resolution skills, data analysis and multi-tasking skills, detail oriented.
• Thorough knowledge of applicable accounts payable & receivable/general ledger systems and procedures, financial chart of accounts and corporate procedures.
• Ability to communicate effectively verbally and in writing.
• Ability to interact with employees and vendors in a professional manner.
• Ability to work independently and with a team in a fast-paced and high-volume environment with emphasis on accuracy and timeliness.
• Ability to perform mathematical computations such as percentages, fractions, addition, subtraction, multiplication and division quickly and accurately.
• Ability to multi-task and prioritize essentials while working as part of the team or independently.
• Must have a strong work ethic.
• Must be well-organized and a self-starter.
• Good understanding of non-profit audit requirements and preparation.
• Yardi experience is highly desirable.
OTHER REQUIREMENTS
• Must have or be able to acquire a valid state driver’s license.
• Must pass federal, state, and local criminal investigation clearances, and pass a drug screening test administered by the Commission or its designated provider.
• Must be insurable under the agency’s insurance policy.
• Must be bondable and have a satisfactory work history.
KNOWLEDGE
• Knowledge of HUD programs, requirements, and policies/procedures.
• Knowledge of US Generally Accepted Accounting Principles (GAAP).
• Knowledge of the principles and practices of automated information systems, and data processing.
• Knowledge of Housing & Urban Development Public Housing regulations and policies pertinent to the department.
• Knowledge of DHC and departmental policies, procedures, and goals.
• Knowledge of standard office procedures, filing, and standard office equipment, including computer, fax, copier, telephone system.
• Knowledge of basic office practices, procedures, and equipment.
• Knowledge of accounting-related software.
• Knowledge of federal, state and local financial regulations related to accounting and financial record-keeping.
• Knowledge of HUD programs, requirements and policies & procedures.
• Knowledge of the principles and practices of budgeting and budget administration.
• Knowledge of the principles and practices of grants management.
• Knowledge of time and attendance requirements, payroll regulations and reporting procedures.
• Knowledge of advanced cost and financial analysis principles and techniques.
• Knowledge of auditing and reviewing.
RESPONSIBILITIES
• 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.
• 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.
SUPERVISORY RESPONSIBILITIES
No direct employee supervisory responsibilities.
REPORTS TO
Controller
ESSENTIAL JOB FUNCTIONS
• Prepare and analyze supporting schedules and work papers for accounts and programs, as required for internal use as well as the external audit.
• 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 analyses.
• 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.
