Director of Finance

Rochester Housing Authority•Rochester, NY
•$91,480 - $137,221

About The Position

The Director of Finance is an administrative and technical accounting position at the Rochester Housing Authority (RHA), responsible for planning and managing all RHA fiscal matters. The position works under the general direction of the Executive Director, with considerable independent judgment over day-to-day financial activities, and supervises professional and clerical staff. The Director oversees budgeting, accounting operations, financial reporting, insurance, investments, cash flow, audits, fixed assets, data-processing coordination, and grant funding. The position prepares and distributes financial statements to the RHA Board of Commissioners, funding agencies, and regulatory bodies, and coordinates with outside agencies to address audit findings.

Requirements

  • Master's degree in Accounting or Finance and three years of full-time paid experience in accounting and/or finance, excluding bookkeeping, account keeping, or financial record keeping; or a bachelor's degree in Accounting or Finance and four years of full-time experience in accounting and/or finance; or a bachelor's degree in Business Administration with at least 18 semester credit hours in accounting and four years of experience in accounting and/or finance.
  • Two years of supervisory experience; this may be acquired concurrently with or separately from the required accounting or finance experience.
  • Knowledge of the principles, practices, and terminology of financial administration, insurance, and data-processing systems.
  • Knowledge of investment practices and terminology.
  • Ability to read, interpret, and apply complex regulatory material.
  • Ability to organize information and plan and organize staff work to meet deadlines.
  • Ability to make oral presentations regarding budget and finance matters.
  • Ability to monitor and evaluate staff work.
  • Ability to establish effective working relationships with others.
  • Ability to evaluate and implement complex data-processing systems.
  • Ability to effectively supervise professional and clerical staff.

Nice To Haves

  • Knowledge of the principles and practices of real estate management.
  • Knowledge of management information systems used by housing authorities.
  • Knowledge of governmental accounting and public housing accounting.
  • Knowledge of the HUD budget process.
  • Knowledge of New York State Public Housing law and Federal, State, and Local accounting laws and guidelines.
  • Knowledge of RHA's grants administration process, insurance program, and policies and procedures.

Responsibilities

  • Supervise professional and clerical employees, including assigning and evaluating work, initiating discipline, and conducting performance appraisals.
  • Prepare and submit the annual RHA budget to appropriate funding agencies.
  • Oversee preparation and submission of financial statements to regulatory agencies.
  • Oversee routine monthly processing and posting to the General Ledger.
  • Oversee the RHA insurance program, ensuring required coverage is secured and additional coverage is obtained when necessary.
  • Oversee maintenance and monthly processing of routine accounts payable and accounts receivable.
  • Oversee and maintain investments of surplus funds in accordance with applicable State and Federal guidelines.
  • Analyze and prepare periodic cash flow projections to ensure funds are available to pay bills and to maximize earnings on surplus cash.
  • Process and oversee annual and special audits of RHA operations and coordinate with outside agencies to resolve audit findings.
  • Prepare and distribute financial statements to the RHA Board of Commissioners, funding agencies, and regulatory bodies.
  • Monitor the distribution and control of RHA fixed assets.
  • Coordinate applications of data-processing activities in finance and accounting with management information systems personnel.
  • Monitor and track grant funding.
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