Property Accountant

Position Summary

Responsible for supporting the Finance department by performing high level accounting functions. The incumbent possesses experience with basic accounting functions such as bank reconciliation, payroll, Accounts Payable, and Accounts Receivable. The incumbent prepares schedules that will support financial and compliance reporting and performs support duties related to the processing and analysis of contract matters, capital projects, and the affiliated entities of the INLIVIAN (“CHA” or “Agency”). The duties listed below illustrate the various types of work that may be performed. ?Responsibilities include, but are not limited to, the following:

Responsibilities

The position duties and responsibilities listed below describe the general nature and scope of work. Other responsibilities, duties, and skills may be required and assigned, as needed.

1. Processes monthly journal entries and accruals relating to the Agency’s projects expenditures and earnings.

1. Administers accounts receivable billing and maintenance.

1. Processes accounts payable for the Agency’s affiliated entities.

1. Handles transactions dealing with Development and Acquisitions.

1. Assists with Payroll processing, general ledger accounting, budget reconciliations, and travel cost reconciliation.

1. Assists Accountant and Senior Vice President of Accounting with financial and compliance reporting regarding affiliated entities, state programs and federal programs.

1. Prepares year end schedules and work papers to support annual financial statements.

1. Records and maintains petty cash and cash advance schedules.

1. Researches and analyzes compliance and accounting issues relating to balance sheet and income statement totals.

1. Records cash receipts in treasury bankbook system.

1. Tracks cash receipts and monitors revenues through the Agency’s software system and excel schedules.

1. Maintains specified financial schedules and work papers supporting income statement and balance sheet summations.

1. Assists with fixed asset recording and monitoring utilizing the Agency’s software.

1. Provides accounting support for HCV and the payroll function via journal entries, account inquiries, and analysis.

1. Processes landlord checks.

1. Performs monthly reconciliations with leased housing staff, ensuring that invoices and amounts are properly calculated/completed for lease ups, terminations, re-certifications, withholding/abatements, retros and recaptures.

1. Supports the Budget division on budget preparation, requisitions, financial statements and periodic financial reports.

1. Communicates directly with landlords/owners regarding lost, stopped, replacement and returned checks.

1. Performs other duties as assigned.

Education and Experience

Bachelor’s degree from an accredited college or university with major coursework in Accounting, Business Administration, Finance, or related field. Accounting experience in public housing preferred. An equivalent combination of education and experience may be considered.

Knowledge and Skills

1. Must have knowledge of the North Carolina General Statutes, HUD Financial Accounting and Budgeting Requirements, HUD notices and regulations, Agency policies and procedures, and Generally Accepted Accounting Principles.

1. Ability to perform financial analysis.

1. High level of communication, leadership and supervisory skills.

1. Computer skills (Excel, Word, PowerPoint), general office machines.

1. Advanced ability to read and understand advanced literature, books reviews, technical journals, financial reports, and legal documents.

1. Advanced ability to understand and apply fundamental concepts of theories, work with advanced mathematical operations methods, and functions of real and complex variables.

1. Must be skillfull in prioritizing, problem solving, formulation, reasoning, analyzing and proofreading.

1. Sensitivity to and experience working with the ethnically and cuturally diverse individuals, communities, agencies and organizations which comprise the constituency of the Agency.

1. Ability to establish and maintain effective, professional, and tactful working relationships with co-workers and persons outside the Agency.

Supervision Controls

The employee receives instructions from the Senior Vice President of Accounting and the Accountant. Courses of action, deadlines and priorities are established by policy, procedure, rules or regulations, depending upon the assignment. Routine duties are initiated by the employee without direct supervision. The employee has no supervisory duties.

Guidelines

Guidelines include established federal regulations, policies and procedures, traditional practices, reference materials such as dictionaries, desk manuals, handbooks, and the Internet. If guidelines do not cover a situation, the employee consults the supervisor. Sound judgment, consistency and accuracy are needed to successfully perform duties.

Complexity

The employee performs a variety of routine and generally related tasks. The course of action is determined by established procedure, the supervisor, or the employee. Tasks have to be coordinated, integrated, and/or prioritized to be accomplished within set deadlines. Routine work is relatively structured, and problems may require consultation with the supervisor.

Scope and Effect

The employee’s work affects all Agency employees and outside partnerships. A high degree of accuracy is required to ensure that financial reporting is correct, and that adequate funding is continuously made available. Successful accomplishment of tasks by the employee can enhance the Agency’s ability to provide housing that is decent, safe and sanitary and to render adequate services for its residents.

Personal Contacts

The employee has contact with co-workers, residents, landlords, partners, and other housing agencies for the purpose of giving or exchanging information, resolving problems and negotiating.

Tagged as: account

Source ⇲