Accounting Manager / Exempt, Non-Represented
Open until filled – 1st Review October 16, 2020
$83,365 – $89,306
New hires generally start between step 1-3, $83,365 to $89,306. Placement within the range is based on qualifications and professional experience. The current full salary range for this position is between $83,366 – $109,777 per year.
The Accounting Manager is chiefly responsible for providing direction and oversight to the Bellingham and Whatcom County Housing Authorities (BWCHA) accounting team in the preparation, oversight and reporting of all accounting functions.
The position is responsible for establishing and maintaining BWCHA accounting systems and procedures and the training of BWCHA staff in their use. The Accounting Manager produces the Annual Financial Report and manages the annual audit process. The position also is responsible for United States Department of Housing and Urban Development (HUD) reporting and monitoring and reporting involved with Low Income Housing Tax Credit properties.
Reports to the Director of Finance. Supervises professional accountants, accounting technicians, temporary staff members and other departmental support positions. Serves as a member of the Finance Department management team. Works independently under applicable BWCHA, State and professional regulations, policies, procedures and guidelines.
ESSENTIAL JOB FUNCTIONS
- Directs the accounting function of BWCHA, including assisting in the establishment and monitoring of BWCHA financial policies. Ensures that all financial accounting production meets conformance standards established by State and federal regulations and functions in an effective and efficient manner.
- Assists in the development, analysis and reporting of key financial information to the Board of Commissioners, staff and the public. Communicates this information to State, federal, financial institutions and bond rating authorities as required. Produces BWCHA’s Annual Financial Report, quarterly reports and monthly reports in accordance with generally accepted accounting principals (GAAP), Governmental Accounting Standards Board (GASB), and HUD requirements. Responsible for and directs staff in the preparation of accurate and timely specialized internal reports as needed.
- Assists with hiring accounting staff, regularly evaluates employee performance, investigates and resolves personnel problems. Assigns work, provides direction, training and assistance with problems encountered by accounting staff. Ensures that quality accounting services are provided to BWCHA departments and that accounting procedures are followed.
- Coordinates with BWCHA’s Information Technology Services Department to identify problems, develop corrective action and assist with implementing new software. Evaluates and provides system support for accounting and financial reporting issues. Maximizes the potential of available systems.
- Coordinates and provides staff training for all departments in the use of BWCHA’s financial procedures, systems and reports.
- Serves as a professional resource for the Board of Commissioners, Executive Director/CEO, department heads and BWCHA staff in the interpretation of accounting and internal control requirements. Consults with departments to develop informative financial reporting systems that accurately reflect operational results. Provides analysis and assistance to departments in developing improved operating procedures.
- Responsible for completion and oversight of all electronic media financial submissions required by federal and state agencies, including annual report submissions to HUD and the State Auditor’s Office (SAO).
- Serves as Finance Department management representative during fiscal audits and reviews including the State Auditor’s performance audits.
- Provides direction to property Management Company for required financial reporting. Reviews and monitors the management company’s annual financial reporting and audits of low-income tax credit LP/LLC. Reviews audits for compliance with bond indentures, lender and LP/LLC documents. Reviews and proofs LP/LLC federal tax returns for execution and submittal by the Executive Director/CEO.
Additional Accounting functions assigned, may include
- Directs and coordinates the compilation of information for use in official statements related to the issuance of long-term debt. Assists in the analysis of financing alternatives. Ensures that debt-issue management is in compliance with federal, State and arbitrage regulations. Responsible for oversight of debt service repayment.
- Liaison with the State Auditor’s Office and other auditors in the examination of BWCHA’s compliance with state reporting and regulatory requirements and the Annual Financial Report.
- Answers questions from the general public, property managers and internal staff concerning financial reporting issues.
- Provides budget support as needed.
- Performs other related duties as assigned.
QUALIFICATIONS (Knowledge, Skills and Abilities)
- Thorough knowledge of accounting principles including legal, technical and organizational aspects, as well as the ability to research and implement the latest professional accounting standards and principles (GAAP and GASB).
- Excellent knowledge of accounting, database and spreadsheet software applications. Ability to use both personal computer and current BWCHA systems to work with the financial data.
- Strong knowledge and ability in financial management including cost/benefit analysis and budget analysis.
- Excellent oral and written communication skills. Ability to present complex financial information to a variety of non-technical users.
- Excellent interpersonal skills for establishing and maintaining effective working relationships with employees, other BWCHA staff, Board of Commissioners, potential investors, lawyers, government agency employees, management companies and the public.
- Management skills including leadership, supervision, instruction, problem analysis, decision-making, planning and organizing, management control, adaptability, stress tolerance and time management.
- Ability to maintain the confidentiality of all sensitive information encountered while in the performance of duties.
- Ability and willingness to demonstrate the skills required to offer opportunities for people to thrive by ensuring access to quality, affordable homes.
- Physical ability to perform the essential functions of the position.
EXPERIENCE AND TRAINING REQUIREMENTS
- Bachelor’s degree in business (preferably accounting or finance) required.
- Master’s degree in Accounting or Business Administration or another closely related field desired.
- Four (4) years of professional governmental accounting experience, preferably with a Housing Authority or local government, including two (2) years of supervisory experience required.
- In place of the above requirements, the incumbent may possess any combination of relevant education and experience which would demonstrate the individual’s knowledge, skill and ability to perform the essential duties and responsibilities listed above.
Licenses or Certificates
CPA, CMA or CPFO desired.