Director of Accounting and Finance

New York City Housing Development Corporation•New York, NY
•$145,000 - $155,000•Onsite

About The Position

The Director of Accounting and Finance provides proactive leadership in managing financial transactions, systems, accounting standards, and reporting requirements. The Director helps administer treasury activities, including financial planning, and ensures related transactions, policies, and procedures align with the Corporation’s goals, operational needs, and applicable requirements. This position reports to the Executive Vice President & Chief Financial Officer. The role provides accounting and financial guidance to staff and other departments, reviews complex mortgage, bond, and investment transactions, and supports accurate financial reporting and compliance. The Director also advances process improvements, financial modeling, internal controls, external reporting, and audit coordination. The position may involve special projects and additional responsibilities at the request of the CFO and Controller.

Requirements

  • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
  • A minimum of 10 years of relevant experience in accounting or finance.
  • At least 5 years of experience managing a large staff.
  • Proficiency in accounting principles.
  • Ability to analyze, interpret, and communicate financial data.
  • Excellent problem-solving skills and analytical approaches to addressing challenges.
  • Proficiency in Microsoft Excel, Word, Access, PowerPoint, and Copilot.
  • Strong project management skills.
  • Excellent oral and written communication and presentation skills.

Nice To Haves

  • Knowledge of GASB.
  • Experience with Oracle Financials and Business Intelligent Query Tool.
  • Mortgage and/or banking experience.
  • An advanced degree, such as an MBA in Finance.
  • A professional certification, such as CPA.
  • Experience in a public-sector or mission-driven environment working with government policies and regulations.

Responsibilities

  • Provide guidance and analytical support to accounting staff on recording new types of financial transactions.
  • Review and analyze financial transactions, including mortgage, bond, and investment transactions, for accurate accounting.
  • Review general ledger activity, account reconciliations, accruals, and other accounts for unusual trends, errors, and inconsistencies.
  • Read and interpret mortgage and bond documents to set up complex financial transactions in the general ledger and discuss the documents with other departments.
  • Drive process improvements, automate routine accounting tasks, strengthen financial reporting accuracy, and provide strategic decision support.
  • Analyze quarterly and year-end financial statements and assist in preparing written summaries of financial activities.
  • Develop financial modeling and analytical tools to measure and forecast the impact of corporate scenarios, risks, and changes.
  • Assist in managing the fiscal year-end financial statement audit; communicate with external auditors and coordinate audit requests with accounting staff.
  • Ensure compliance with local, state, and federal government requirements.
  • Develop processes, policies, and controls to define operational standards and ensure accurate, timely, and compliant financial operations.
  • Manage external reporting requirements, including those required under the Public Authorities Accountability Act (PAAA).
  • Guide other departments on the Corporation’s internal controls, procedures, and policies to ensure financial activities are conducted appropriately.
  • Serve as a finance liaison and interpret financial data to support corporate decision-making.
  • Manage special projects and assume additional responsibilities at the request of the CFO and Controller.

Benefits

  • Health benefits at a reasonable cost.
  • Dental and vision benefits at no cost.
  • Retirement savings plan with a generous match and a pension plan.
  • Paid holidays, vacation, sick time, and parental leave.
  • Professional development opportunities.
  • Public Service Loan Forgiveness for eligible employees.
  • Wellness reimbursement.
  • Back-up Caregiver Benefit.
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