Accountant I

Delaware State Housing Authority • Dover, DE

39d

About The Position

This non-State position's primary purpose is to support financial operations, focusing on Accounts Payable (AP) and Accounts Receivable (AR) functions across multiple housing programs. The incumbent ensures timely, accurate, and compliant processing of financial transactions while maintaining strong internal controls and documentation standards.

Requirements

• Knowledge of the general operations and procedures of DSHA HUD, Federal and State programs and properties.
• Ability to orient other employees and to explain organizational policies, rules regulations, and procedures.
• Working knowledge of Generally Accepted Accounting Principles (GAAP)
• Demonstrated understanding and application of accounting principles, including journal entry debits and credits, and understanding of financial statements.
• Proficiency in financial reconciliation and analysis, with the ability to identify discrepancies, research variances, and implement corrective actions.
• Strong understanding of internal control procedures to ensure fiscal accuracy, prevent fraud, and maintain compliance with audit standards.
• Skill in preparing financial documentation for audits, responding to auditor inquiries, and ensuring adherence to audit recommendations.
• Ability to apply state and federal procurement regulations to the review and approval of purchase orders, invoices, and contracts.
• Associate's Degree in Accounting, Finance, Business, or related field, and a minimum of two (2) years of experience in accounts payable/receivable or general accounting.
• An equivalent combination of education and experience may be considered.
• THIS POSITION REQUIRES THE SUCCESSFUL COMPLETION OF A CRIMINAL BACKGROUND SCREENING AND A VALID DRIVERS LICENSE .

Responsibilities

• Processes receipt transactions, which may include receiving payments and posting receipts, credits, and adjustments.
• Prepares AP payments for all Departmental programs and activities, approvals, coding, and documentation
• Processes AP payments for DSHA, including report generation, fund transfers, and Positive Pay submission.
• Executes fund transfers between DSHA money market accounts based on approved memos.
• Maintains the over/under transfer sheet, completed by the 10th of each month.
• Manages AR files and ensures accurate recordkeeping.
• Prepares daily deposits across various checking accounts for Department of Finance.
• Conducts annual review and updates to the DSHA Accounting Procedures and Reporting Manual relevant to assigned duties.
• Performs other related duties as assigned.

Benefits

• These include up to 15 vacation days and 15 sick day leave accrual, up to 13 paid holidays a year, liberal retirement benefits, immediate access to paid health, short- and long-term disability, and life insurance plans and voluntary dental, vision, and various supplemental benefit options.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree