Accountant IV

Delaware State Housing Authority•Dover, DE

About The Position

This non-State position's primary purpose is to manage financial operations related to federal and state programs. The incumbent serves as the Single Point of Contact (SPOC) with the State Clearinghouse, oversees federal fund draws and reporting, leads budgeting efforts, and ensures financial compliance across multiple programs. The role also includes supervision of fiscal staff and coordination of monthly, quarterly, and annual financial reporting. 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.

Requirements

Knowledge of the general operations and procedures of DSHA, HUD, Federal and State programs and properties.
Extensive working knowledge of Generally Accepted Accounting Principles (GAAP), Government Accounting Principles, Board Statements, Low-Income Housing Tax Credit regulations, and federal grant management policies and practices
Extensive experience and ability in operating and managing automated financial computer software
Knowledge of economic principles and their application in public finance policy development and bond issuance analysis.
Knowledge of capital markets, conditions, trends, debt instruments, and impacts of Federal legislative initiatives.
Knowledge of the application of various financial computer software systems in the analysis of bond issues and economic conditions.
Knowledge of the principles and procedures of mortgage loan processing, underwriting and servicing.
Knowledge of the principles and practices of planning, developing, implementing and evaluating housing finance programs.
Knowledge of the principles and practices of supervision.
Skill in cash flow analysis and projections.
Ability to interpret economic, financial and legislative issues, analyze trends and recommend courses of action.
Ability to plan, develop, implement and evaluate housing finance programs.
Ability to analyze, evaluate, develop and implement policies, procedures, and operational changes, etc.
Ability to communicate effectively both orally and in writing.
Ability to establish and maintain effective working relationships with state and federal officials, mortgage lenders, realtors, underwriters, syndicators, banks, bond/tax counsels, contractors, lawyers, auditors, financial advisors, developers, bond trustees, the public and subordinates.
Bachelor’s Degree in Business Administration, Accounting, or Finance; or related field and a minimum of three (3) years of experience in financial management experience with day-to-day financial operations of a large organization, preferably in public housing industry.
An equivalent combination of education and experience may be considered.
THIS POSITION REQUIRES THE SUCCESSFUL COMPLETION OF A CRIMINAL BACKGROUND SCREENING AND A VALID DRIVER'S LICENSE.

Responsibilities

Provides direct supervision and ongoing support to the Fiscal Management Analyst and Senior Accountant, ensuring accurate federal budgeting, subsidy requests, and financial reporting requirements are met.
Serves as DSHA’s Single Point of Contact (SPOC) with the State Clearinghouse; obtain SAI numbers and process federal grant documents
Approves and draws federal funds; ensures financial compliance for DSHA federal programs
Prepares and submits DSHA Personnel and OEC Budget (BUD500), Section Operating Expense Budgets, State Operating Budget, and DBS input
Attends budget hearings and clearinghouse meetings as needed
Submits monthly and periodic financial reports for state and federal programs
Reconciles federal fund draw requests against DSHA, State, and federal records
Monitors and initiates indirect cost and administrative fee payments from federal programs
Assists with financial compliance monitoring of CDBG, HOME, and NSP subrecipients
Maintains technical knowledge of DSHA accounting, budgeting, reporting, and audit systems
Communicates effectively with auditors, HUD, consultants, and state/local agencies
Reviews and updates DSHA Accounting Procedures and Reporting Manual annually
Maintains Work Instruction Manual (WIM) for the position
Performs other related duties as assigned