Confidential
Financial Bookkeeper (Government)
Confidential, Inkster, Michigan, United States, 48141
## Overview
Candidates should take the time to read all the elements of this job advert carefully Please make your application promptly.We are seeking a HIGHLY experienced and skilled Finance Manager to join our team! The ideal candidate will be responsible for overseeing all financial activities, ensuring compliance with regulations, and providing strategic financial guidance to the agency. The primary purpose of this position is to direct all financial and accounting operations and internal and external audits for IHC. This position reports to the Executive Director and will assist in advancing the mission of IHC by providing leadership in the development and implementation of the Commission’s goals, policies and strategic initiatives and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding. The Finance Manager is responsible for ensuring compliance with all applicable federal financial regulations and effective internal controls over compliance with major federal programs. IHC is a small agency in staff with some job responsibilities overlapping with other finance positions and departments. The ideal candidate has leadership experience, and work ethic that incorporates working alongside the team they supervise and support. With success this position has the capability to transition into a director level position within the finance department for the agency.
*Essential Duties and Responsibilities*
_The position duties and responsibilities listed below describe the general nature and scope of work, but not limited to other responsibilities, duties, and skills that may be required and assigned, as needed._
§ Prepares financial budgets, reports, and spending forecasts for approval by the Executive Director and Board of Commissioners and analyzes income and expenditures for IHC to assure compliance with approved budgets and financial procedures. Establishes and maintains internal controls to appropriately safeguard the Commissions funds.
§ Oversees the management and coordination of all fiscal reporting activities for the organization including organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organization and contract/grant budgets. Supervises the preparation and submission of the annual operating budget and other necessary reports, records, and information to the Executive Director
§ Provides regular reports on the financial condition of IHC to the Executive Director and the Board; responds to Board inquiries on financial matters; and ensures reporting deadlines are met to HUD, State, and local governmental entities; recommends changes to IHC financial policies and procedures as needed.
§ Monitors banking activities and financial performance of IHC by evaluating and examining results; initiating corrective actions; minimizing the impact of variances. Serves as point of contact for banking administration, HUD related financial matters and auditors.
§ Monitors spending of grant funds to ensure compliance with grant terms and conditions, and ensures effective internal controls are in place to meet GAAP and applicable governmental requirements for financial reporting.
§ Manages the work of staff including assigning, planning, and reviewing work, evaluating work performance and completing performance evaluations, coordinating activities, maintaining standards, allocating personnel, selecting new employees, training, acting on employee problems, and recommending and implementing discipline.
§ Develops and maintains financial policies and procedures such as low rent housing, Housing Choice Voucher, Homeownership, Family Self-Sufficiency, Shelter Plus Care Program, Market, Non-Federal, Real Estate, and other IHC managed programs. Assists in the development of Authority policies and procedures implementing federal, state, and local directives and statutes and other Authority programs.
§ Directs IHC on compliance with state and federal procurement policies; monitors all contracts and small purchases for compliance; approves all purchases exceeding threshold amount; designs, implements, manages, and monitors procurement reporting systems to meet Authority and HUD requirements.
§ Provides reports to Senior Managers when documentation is required for timely payment to vendors. Ensures payroll for employees is processed in a timely manner. Ensures W-2 and1099 reports are provided to employees, vendors and IRS as required.
§ Coordinates compliance and financial reviews and audits; serves as primary contact with auditors by providing required information, coordinating documentation needed from other staff, reviewing draft and final audited financial statements and reports, and transmitting reports to all authoritative agencies.
§ Works closely with Human Resources to ensure all personnel related finances are processed by the finance team members accurately and timely.
§ Ensures HUD Performance Standards and reporting requirements are maintained or improved to high performance levels.
§ Assists with the preparation, review, analysis, and transmittal of PHAS information throughout the year and at the end of the fiscal year.
§ Meets all job safety requirements and all applicable OSHA/PERRP safety standards that pertain to essential functions and maintains licenses and certifications as required.
§ Performs other duties as assigned.
*Behavioral Competencies*
_This position requires the incumbent to exhibit the following behavioral skills:_
_*Leadership:*_Provides direction by clearly and effectively setting course of action for department and subordinates; manages performance by providing regular feedback and reinforcement to subordinates.
_Job Knowledge: _Exhibits requisite knowledge, skills, and abilities to perform the position effectively. Demonstrates knowledge of policies, procedures, goals, objectives, operational entities, requirements, and activities as they apply to the assigned organizational entity of the Authority; uses appropriate judgment & decision making in accordance with level of responsibility.
_Customer Service_: Meets/exceeds the expectations and requirements of internal and external customers; identifies, understands, monitors, and measures the needs of both internal and external customers; talks and acts with customers in mind; and recognizes working colleagues as customers
_Teamwork_: Balances team and individual responsibilities; exhibits objectivity and openness to others' views; gives and welcomes feedback; contributes to building a positive team spirit; puts success of team above own interests; supports everyone's efforts to succeed.
_Reliability: _Employee demonstrates sound reasoning and critical thinking by making decisions in line with established Authority expectations. Performs work in a reliable manner that is both accurate and timely. Ensures a positive record of attendance.
_Responsiveness and Accountability: _Demonstrates a high level of conscientiousness. Holds oneself personally responsible for one's own work and does fair share of work.
*Education and/or Experience*
Master’s Degree in business administration, accounting, finance, or related field and a minimum of five
(5) years of experience in governmental financial management, with a minimum of three (3) years in a managerial/director capacity. CPA preferred. Knowledge of Public Housing, Section 8/Housing Choice Voucher Program, and compliance with Government Auditing Standards mandatory; Experience with Low Income Housing Tax Credits, Bond Financing, Capital Fund and Mixed-Finance Development Public Housing, RAD and other affordable housing programs preferred. An equivalent combination of education and experience may be considered. Must possess a valid Michigan driver’s license and be insurable under the Authority’s plan.
This description reflects management’s assignment of essential functions; it does not proscribe or restrict the tasks that may be assigned.
## Responsibilities- Prepare and analyze financial statements- Reconcile general ledger accounts- Develop and monitor budgets- Manage general ledger accounting processes- Ensure compliance with GAAP standards- Oversee treasury management activities- Implement accrual accounting practices- Monitor and control costs effectively- Optimize revenue management strategies- Identify investment opportunities and provide recommendations
## Qualifications- Bachelor's degree in Finance, Accounting, or related field; MBA preferred- Proven experience in financial management roles- Strong knowledge of financial principles and practices- Proficiency in financial software and MS Excel- Excellent analytical and problem-solving skills- Ability to communicate complex financial information effectively- Detail-oriented with a high level of accuracy and integrity
If you are a dynamic individual with a passion for finance and a drive for excellence, we invite you to apply for this exciting opportunity.
Job Type: Full-time
Pay: $55,000.00 - $59,500.00 per year
Benefits:* 401(k)* 401(k) matching* Dental insurance* Employee assistance program* Flexible spending account* Health insurance* Life insurance* Paid time off* Professional development assistance* Retirement plan* Tuition reimbursement* Vision insurancePhysical Setting:* OfficeSchedule:* 8 hour shift* Monday to Friday* Weekends as needed
Experience:* Accounting: 5 years (Required)
License/Certification:* CPA (Required)
Ability to Commute:* Inkster, MI 48141 (Preferred)
Work Location: In person
Candidates should take the time to read all the elements of this job advert carefully Please make your application promptly.We are seeking a HIGHLY experienced and skilled Finance Manager to join our team! The ideal candidate will be responsible for overseeing all financial activities, ensuring compliance with regulations, and providing strategic financial guidance to the agency. The primary purpose of this position is to direct all financial and accounting operations and internal and external audits for IHC. This position reports to the Executive Director and will assist in advancing the mission of IHC by providing leadership in the development and implementation of the Commission’s goals, policies and strategic initiatives and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding. The Finance Manager is responsible for ensuring compliance with all applicable federal financial regulations and effective internal controls over compliance with major federal programs. IHC is a small agency in staff with some job responsibilities overlapping with other finance positions and departments. The ideal candidate has leadership experience, and work ethic that incorporates working alongside the team they supervise and support. With success this position has the capability to transition into a director level position within the finance department for the agency.
*Essential Duties and Responsibilities*
_The position duties and responsibilities listed below describe the general nature and scope of work, but not limited to other responsibilities, duties, and skills that may be required and assigned, as needed._
§ Prepares financial budgets, reports, and spending forecasts for approval by the Executive Director and Board of Commissioners and analyzes income and expenditures for IHC to assure compliance with approved budgets and financial procedures. Establishes and maintains internal controls to appropriately safeguard the Commissions funds.
§ Oversees the management and coordination of all fiscal reporting activities for the organization including organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organization and contract/grant budgets. Supervises the preparation and submission of the annual operating budget and other necessary reports, records, and information to the Executive Director
§ Provides regular reports on the financial condition of IHC to the Executive Director and the Board; responds to Board inquiries on financial matters; and ensures reporting deadlines are met to HUD, State, and local governmental entities; recommends changes to IHC financial policies and procedures as needed.
§ Monitors banking activities and financial performance of IHC by evaluating and examining results; initiating corrective actions; minimizing the impact of variances. Serves as point of contact for banking administration, HUD related financial matters and auditors.
§ Monitors spending of grant funds to ensure compliance with grant terms and conditions, and ensures effective internal controls are in place to meet GAAP and applicable governmental requirements for financial reporting.
§ Manages the work of staff including assigning, planning, and reviewing work, evaluating work performance and completing performance evaluations, coordinating activities, maintaining standards, allocating personnel, selecting new employees, training, acting on employee problems, and recommending and implementing discipline.
§ Develops and maintains financial policies and procedures such as low rent housing, Housing Choice Voucher, Homeownership, Family Self-Sufficiency, Shelter Plus Care Program, Market, Non-Federal, Real Estate, and other IHC managed programs. Assists in the development of Authority policies and procedures implementing federal, state, and local directives and statutes and other Authority programs.
§ Directs IHC on compliance with state and federal procurement policies; monitors all contracts and small purchases for compliance; approves all purchases exceeding threshold amount; designs, implements, manages, and monitors procurement reporting systems to meet Authority and HUD requirements.
§ Provides reports to Senior Managers when documentation is required for timely payment to vendors. Ensures payroll for employees is processed in a timely manner. Ensures W-2 and1099 reports are provided to employees, vendors and IRS as required.
§ Coordinates compliance and financial reviews and audits; serves as primary contact with auditors by providing required information, coordinating documentation needed from other staff, reviewing draft and final audited financial statements and reports, and transmitting reports to all authoritative agencies.
§ Works closely with Human Resources to ensure all personnel related finances are processed by the finance team members accurately and timely.
§ Ensures HUD Performance Standards and reporting requirements are maintained or improved to high performance levels.
§ Assists with the preparation, review, analysis, and transmittal of PHAS information throughout the year and at the end of the fiscal year.
§ Meets all job safety requirements and all applicable OSHA/PERRP safety standards that pertain to essential functions and maintains licenses and certifications as required.
§ Performs other duties as assigned.
*Behavioral Competencies*
_This position requires the incumbent to exhibit the following behavioral skills:_
_*Leadership:*_Provides direction by clearly and effectively setting course of action for department and subordinates; manages performance by providing regular feedback and reinforcement to subordinates.
_Job Knowledge: _Exhibits requisite knowledge, skills, and abilities to perform the position effectively. Demonstrates knowledge of policies, procedures, goals, objectives, operational entities, requirements, and activities as they apply to the assigned organizational entity of the Authority; uses appropriate judgment & decision making in accordance with level of responsibility.
_Customer Service_: Meets/exceeds the expectations and requirements of internal and external customers; identifies, understands, monitors, and measures the needs of both internal and external customers; talks and acts with customers in mind; and recognizes working colleagues as customers
_Teamwork_: Balances team and individual responsibilities; exhibits objectivity and openness to others' views; gives and welcomes feedback; contributes to building a positive team spirit; puts success of team above own interests; supports everyone's efforts to succeed.
_Reliability: _Employee demonstrates sound reasoning and critical thinking by making decisions in line with established Authority expectations. Performs work in a reliable manner that is both accurate and timely. Ensures a positive record of attendance.
_Responsiveness and Accountability: _Demonstrates a high level of conscientiousness. Holds oneself personally responsible for one's own work and does fair share of work.
*Education and/or Experience*
Master’s Degree in business administration, accounting, finance, or related field and a minimum of five
(5) years of experience in governmental financial management, with a minimum of three (3) years in a managerial/director capacity. CPA preferred. Knowledge of Public Housing, Section 8/Housing Choice Voucher Program, and compliance with Government Auditing Standards mandatory; Experience with Low Income Housing Tax Credits, Bond Financing, Capital Fund and Mixed-Finance Development Public Housing, RAD and other affordable housing programs preferred. An equivalent combination of education and experience may be considered. Must possess a valid Michigan driver’s license and be insurable under the Authority’s plan.
This description reflects management’s assignment of essential functions; it does not proscribe or restrict the tasks that may be assigned.
## Responsibilities- Prepare and analyze financial statements- Reconcile general ledger accounts- Develop and monitor budgets- Manage general ledger accounting processes- Ensure compliance with GAAP standards- Oversee treasury management activities- Implement accrual accounting practices- Monitor and control costs effectively- Optimize revenue management strategies- Identify investment opportunities and provide recommendations
## Qualifications- Bachelor's degree in Finance, Accounting, or related field; MBA preferred- Proven experience in financial management roles- Strong knowledge of financial principles and practices- Proficiency in financial software and MS Excel- Excellent analytical and problem-solving skills- Ability to communicate complex financial information effectively- Detail-oriented with a high level of accuracy and integrity
If you are a dynamic individual with a passion for finance and a drive for excellence, we invite you to apply for this exciting opportunity.
Job Type: Full-time
Pay: $55,000.00 - $59,500.00 per year
Benefits:* 401(k)* 401(k) matching* Dental insurance* Employee assistance program* Flexible spending account* Health insurance* Life insurance* Paid time off* Professional development assistance* Retirement plan* Tuition reimbursement* Vision insurancePhysical Setting:* OfficeSchedule:* 8 hour shift* Monday to Friday* Weekends as needed
Experience:* Accounting: 5 years (Required)
License/Certification:* CPA (Required)
Ability to Commute:* Inkster, MI 48141 (Preferred)
Work Location: In person