Financial Specialist II

Fairfax County • Fairfax (Fh22), VA

3d • Onsite

About The Position

Make a difference – join our team to empower communities and build futures! The Fairfax County Department of Housing and Community Development works in partnership with the Redevelopment and Housing Authority to serve the people of Fairfax County by creating housing opportunities to promote inclusive and thriving communities. Help make our vision of a community everyone can afford to call home a reality! Under the general supervision of Financial Specialist IV, performs a wide variety of professional full performance level budget and fiscal management responsibilities for HCD. Functional areas include, but not limited to project tracking, fund management, budgeting, financial reconciliations, financial reporting review and compilation, auditing, oversight and review of third-party property management company accounting records and financials including rent rolls; housing assistance payments; capital assets recordings; and reserve contributions, and fixed asset management. This role necessitates a thorough understanding of General Accepted Accounting Principles (GAAP), and the application of Government Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) accounting requirements, and the consolidation of such financial statements into GASB requirements. The position also requires an understanding of federal and state regulatory reporting requirements for agencies such as U.S. Department of Housing and Urban Development (HUD) and Virginia Housing Development Authority (VHDA). The role requires the individuals to prepare analysis and recommendations that convey financial and budgetary impacts to management and to the financial reports and accounting practices. This role also requires knowledge and ability to prepare reports in the agency's enterprise system; ensure compliance with County and grantor policies; interact extensively with internal and external customers including the contracted vendors for Third-Party Property Management, auditors and tax accountants. Strong interpersonal skills and the ability to communicate complex data to a varied audiences are essential.

Requirements

• Graduation from an accredited four-year college or university with a bachelor's degree in accounting, business administration, public administration, public policy or related field
• Two years of professional-level experience in finance, business administration, budgeting, or contract management
• Thorough understanding of General Accepted Accounting Principles (GAAP)
• Application of Government Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) accounting requirements
• Consolidation of financial statements into GASB requirements
• Understanding of federal and state regulatory reporting requirements for agencies such as U.S. Department of Housing and Urban Development (HUD) and Virginia Housing Development Authority (VHDA)
• Ability to prepare reports in the agency's enterprise system
• Ability to ensure compliance with County and grantor policies
• Ability to interact extensively with internal and external customers including the contracted vendors for Third-Party Property Management, auditors and tax accountants
• Strong interpersonal skills
• Ability to communicate complex data to a varied audiences
• Ability to read information on a computer monitor
• Ability to effectively communicate
• Ability to operate keyboard-driven equipment and computer
• Ability to move about to perform office work such as accessing files, attending meetings, making presentations, operating general office equipment, and performing other essential job duties
• Ability to move items up to approximately 15 pounds in weight (with or without reasonable accommodations)

Nice To Haves

• Master’s degree in a related field or CPA may substitute for 1 year of experience
• Previous experience with property management, housing authorities, or housing choice voucher programs
• Three to five years of progressive experience in the field of accounting or finance, preferred in a governmental, housing authority, or property management setting
• Ability to prepare financial statements to include Balance Sheet, Income Statement, Statement of Cash Flow and related notes to the financial statements, in either GASB or FASB format
• Ability to interpret and monitor federal and state funding requirements and compile related reporting
• Proven ability to develop and present complex financial reports and analysis, including detailed projections and financial scenarios relative to program analysis, operating and capital budget forecasting and preparation, and annual budget monitoring
• Highly proficient at financial systems, producing customized reports, and data manipulation to create management reports
• Experience working with SAP or a similar automated accounting/financial ERP system
• Demonstrates initiative and knowledge to research, understand, and resolve complex financial issues
• Ability to plan and implement activities in order to ensure effective and efficient utilization of resources
• Ability to form collaborative partnerships across intra-departmental divisions and with external stakeholders to work towards a common goal and maintain effective working relationships
• Strong written and oral communication skills, with an ability to prepare and present reports for leadership decision-making
• Advanced knowledge of Excel, Word, and PowerPoint
• Team leadership skills
• Experience in working with the public
• Bilingual in English and another language

Responsibilities

• Project tracking
• Fund management
• Budgeting
• Financial reconciliations
• Financial reporting review and compilation
• Auditing
• Oversight and review of third-party property management company accounting records and financials including rent rolls
• Housing assistance payments
• Capital assets recordings
• Reserve contributions
• Fixed asset management
• Prepare analysis and recommendations that convey financial and budgetary impacts to management and to the financial reports and accounting practices
• Prepare reports in the agency's enterprise system
• Ensure compliance with County and grantor policies
• Interact extensively with internal and external customers including the contracted vendors for Third-Party Property Management, auditors and tax accountants

Benefits

• Thriving career and workplace culture
• Fairfax County Government offers a thriving career and workplace culture.

What This Job Offers

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