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Financial Analyst
2 months ago
If you are selected at a lower grade level, you will have the opportunity to learn to perform all these duties, and will receive training to help you grow in this position.
As a Financial Analyst, you will:
Perform complex technical review and analysis of financial data reported on various documents such as budgets, requisitions, year-end settlement and financial statements, and voucher assistance payments.
Uses information from a variety of systems in making determinations regarding approval of program budgets, financial statements, and scheduling of payments.
HUD systems include, but are not limited to HUDCAPS, PIC, VMS, and FASS.
Recommend creative solutions to complex financial problems and takes an active role in implementing needed changes to resolve the identified issue.
Is looked to as the subject matter expert that provides technical assistance and advice to the Field Offices, Headquarters, REAC, etc., as necessary on issues relating to the financial management of the Section 8 programs.
Serve as a team or project lead and or subject matter expert. Initiates and participates in complex and team assignments as needed to deal with cross cutting financial management issues.When appropriate, participates in teams established to address Section 8 financial management issues problems, to develop appropriate solutions (which often will be extended nationwide) to financial management issues and problems identified by either analysis or data or through contact with Field Office staff or REAC staff.
Assist the FMC Director, subordinate supervisor or Division Director in monitoring and evaluating Management or performance Plan goals, including input and feedback into the development and analysis of complex diagnostic data.
Monitors and tracks accomplishment as assigned and provides input into the Management Plan reports, analyzes reports submitted on shortfalls, over leasing, clarifies issues, resolves problems relating to goals achievement.
Assist Field Office staff in monitoring compliance of all program participants in the financial area e.g., sufficiency of equity accounts and transactions such as Unrestricted Net Position, Net Restricted Position, interfund transfers, program utilization, designated check signatories.
As the subject matter expert, assists other financial program analysts to identify financial trends and coordinates as necessary with cross functional experts to develop strategies for dealing with these broad trends.
Provide technical assistance to assigned program participants by responding to questions, and identifying technical assistance needs and assisting in the development of tailored packages to address those needs using strategies such as peer to peer networks and developing accounting systems and cash handling procedures.
Plans and conducts training for the assisted housing industry, Field Office staff and other customers on new procedures or policies to be utilized in the transmission of automated program data to the FMC.
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