Chief Financial Officer Apply
Job Description
for the position of
Chief Financial Officer
Danville Redevelopment and Housing Authority
135 Jones Crossing Danville VA 24541
The ideal candidate for the Chief Financial Officer (CFO) / Deputy Director position will be a high-energy leader willing to roll up his/her sleeves enthusiastically but also able to delegate appropriately as a working director of the DRHA leadership team. Technical skills are vital and required, but it is also necessary for the individual to have exemplary interpersonal skills, with the ability to encourage others and listen to feedback, work closely with the executive leadership team and staff from all departments, and adapt quickly to changing priorities in this fast-paced, growing organization. The selected candidate must have the flexibility to attend Board meetings and other meetings outside of regular work hours and will be required to travel for training and meetings.
The incumbent will be hands-on and will maintain control of the general ledger, including preparation of internal and external financial reports. This position will directly supervise staff and assist the executive director in human resources and management decisions. It will primarily manage the accounting operations for the Housing Choice Voucher (HCV) and Public Housing programs. It will perform complex, skilled technical work developing and reporting financial and operating metrics for multiple areas of DRHA. They will also lead their team in process improvement and other vital initiatives supporting DRHAs mission.
POSITION SUMMARY:
The Chief Financial Officer (CFO) will be under the direct supervision of the Chief Executive Officer and the Board of Commissioners. The CFO will supervise the application of accounting principles to a computerized accounting system. They will perform general accounting and maintain accurate records of accounts. The CFO will monitor expenditures and prepare monthly financial statements and administrative reports. They will perform and supervise accounts receivable, accounts payable, payroll, accounting records, and other related duties in the daily administration of the accounting department, including grant administration accounting.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Serves as support to the Chief Executive Director in HR and Management decisions
- Serves as staff support to the Chief Executive Officer in accounting and financial matters.
- Maintain general ledgers for all programs, including preparing journal entries, accounts analysis and reconciliation, closing books monthly, and setting up new accounts and budgets.
- Monitors account payable duties such as coding invoices, verifying all invoices for payment, and ensuring expenditures are charged to appropriate accounts, including the Housing Choice Voucher (HCV) program.
- Monitor and submit monthly VMS reports
- Administration of Employee Benefit Package
- Prepare and review of the HUD annual operating subsidy filing.
- Monitors account receivables collection duties, ensuring balancing from collection through deposit for rents and other monies receivedReconciles resident accounts.
- Monitors or performs bank reconciliation monthly, verify all deposits, addresses questions and problems from banking institutions.
- Maintains accounting records for fixed assets.
- Prepares various monthly, quarterly, and annual financial reports, including income statements, balance sheets, cash flow analyses, and special reports as required by the Chief Executive Officer, Board of Commissioners, HUD, the State, and other regulatory agencies.
- Assists outside auditors at fiscal year-end, including, but not limited to, preparing schedules, invoices, accruals, providing an explanation of supporting materials and procedures, and preparing any other necessary data and reports.
- Required to attend Board and other meetings outside of normal work hours.
- May be required to travel for training and meetings.
EDUCATION, EXPERIENCE & REQUIREMENTS:
- Bachelor of Science or higher degree in accounting, finance, or business administration, from an accredited college or university, plus 5 years of progressively responsible experience in governmental accounting, to include a minimum of 3 years of management experience.
- Knowledge of HUD and other Federal, State, and local government regulations related to the public housing authority and non-profit organizations' financial operation.
- Direct experience working in a financial environment applying GAAP and GASB.
- Direct experience preparing and submitting Voucher Management System (VMS) and Financial Data Schedule (FDS) reports (unaudited financial statements) to REAC (highly desired).
- Experience preparing public housing operating subsidy budgets (highly desired).
- Five (5) or more years of direct experience working as an Accounting Manager/Finance Director of a public housing authority is highly preferred and will receive higher consideration.
- Highly Desired: CPA designation and experience working in subsidized housing, community development organizations, and/or non-profit agencies.
- Executive HCV Financial Management Certification within two years of hire
- Public Housing Executive Financial Management Certification within two years of hire.
- Possession of a valid Virginia or North Carolina drivers license
- Must pass a Background Screening, Drug Test, and Receive clearance to access the HUD/Treasury eLOCCS system.
WORKING CONDITIONS:
Work is performed in the office environment and includes meetings throughout the jurisdiction, state, and nation and visits to housing construction sites and other facilities owned or under the control of the Housing Authority. The Executive Director is expected to be involved in all community events hosted by the Housing Authority and encouraged to participate in other events throughout the community.
PHYSICAL REQUIREMENTS AND DEMANDS OF POSITION:
While performing the position's duties, the employee must frequently sit, stand, stoop, communicate, reach, and manipulate objects, tools, or controls. The position requires mobility, manual dexterity, and coordination, including operating equipment such as a computer, calculator, and other standard office equipment. Requires the physical ability to operate a motor vehicle and travel regularly to local, regional, and nationwide sites and meetings. Traveling often includes driving within the local, state, and regional area to attend meetings and/or inspect properties. Requires the ability to physically access raw land, construction sites, and/or existing housing and buildings on rough terrain to conduct preliminary and ongoing inspections. Units may be multi-storied without access to an elevator or far from parking areas. They may have potential exposure to various environmental conditions.
EQUIPMENT USED:
Incumbents must effectively utilize computers, related software, printers, photocopiers, and telephones (landline and cellular).
LICENSES OR CERTIFICATIONS
- Valid Virginia State Driver's License (within 30 days of employment) and an acceptable driving record (according to the organizations standards)
- A Public Housing Manager Certificate from HUD-approved organization is required within (2) years of employment
- Must be bondable
SALARY RANGE
- $74,000 - $88,000
- Compensation for this position is negotiable, depending on the qualifications and experience of the chosen candidate
RESIDENTIAL REQUIREMENT
- Must be willing to live within 5 miles of the city limits of Danville, Virginia.
The statements included here are general details as necessary to describe the principal functions of this job, the level of knowledge and skill typically required, and the scope of responsibility but should not be considered an all-inclusive listing of work requirements. Furthermore, they do not establish an employment contract and are subject to change at the employer's discretion.
TO APPLY: Please submit a cover letter, application, and resume to msfjfbrown@comcast.net
Job Type: Full-time
Pay: $74,000.00 - $88,000.00 per year
Benefits:
- Dental insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Work setting:
- In-person
- Office
Ability to Relocate:
- Danville, VA 24541: Relocate before starting work (Required)
Work Location: In person
