Accountant, HUD Grants

Sheppard Pratt Careers • Frederick, MD

3d

About The Position

This role involves managing the financial aspects of HUD grants, including budget preparation, financial reporting, and ensuring compliance with HUD regulations. The accountant will work with a multi-disciplinary team and contribute to the organization's mission of providing hope and healing.

Requirements

• Bachelor’s degree in Accounting, Finance or related field
• Three years of relevant work experience in the accounting field
• Ability to communicate in a clear and effective manner orally and in writing
• Knowledge of generally accepted accounting principles.
• Knowledge of and ability to use personal computers in a Windows environment including Microsoft Office Suite, Accounting Software, and other software programs as necessary.
• Demonstrated advanced skill with excel.
• Ability to learn, understand and apply HUD accounting rules and regulations.
• Knowledge of and skill in performing accounting procedures and practices required in an effectively operated office.
• Ability to develop and maintain administrative systems.
• Ability to maintain confidentiality.
• Skill in time management and organization of job activities.

Nice To Haves

• Knowledge of HUD accounting rules & regulations experience is preferred.

Responsibilities

• Prepare and submit annual PRAC renewals to HUD for all HUD organizations in accordance with HUD’s deadlines; monitor progress and liaise with HUD Account Executives as necessary to address additional requirements, if any.
• Develop, prepare and submit annual operating budgets to HUD for review and approval.
• Perform reconciliation of rents and subsidies.
• Monitor bank accounts and prepare cash flow projections on a weekly basis to ensure adequate funding is available for disbursements and program expenditures.
• Maintain fixed asset records and depreciation schedules for all HUD entities.
• Liaison with Accounts Payable regarding the relevant accounts payable functions for all HUD organizations.
• Prepare and reconcile intercompany transactions and record related journal entries.
• Provide accounting information, feedback, and financial reports to the HUD Housing Team, and others as requested.
• Prepare and maintain required accounting tracking reports; subsidies, rents, reserve for replacement, residual receipts, surplus cash, amortization, receivables, payables and fixed assets.
• Assist with annual financial audits, including HUD audits, Uniform Guidance (Single Audit) requirements, and other sponsor or regulatory audits.
• Renew SAM Registration for all HUD organizations on an annual basis, ensure all are current and updated.
• Ensure compliance with HUD accounting regulations by continuing education, training and research.
• Perform other duties as assigned.

Benefits

• Commitment to professional development
• Comprehensive tuition reimbursement program to support ongoing education and licensure and/or certification preparation
• Comprehensive medical, dental and vision benefits for benefit eligible positions
• 403b retirement match
• Generous paid-time-off for benefit eligible positions
• Complimentary Employee Assistance Program (EAP)
• Generous mileage reimbursement program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level