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Financial Operations Specialist
2 months ago
We are seeking a highly skilled Financial Operations Specialist to join our team at The Michaels Organization. As a key member of our financial operations team, you will be responsible for ensuring the accuracy and timeliness of financial transactions related to our housing programs.
Key Responsibilities- Review and correct tenant ledgers to ensure accurate billing for a specific portfolio of properties.
- Submit monthly HAP billing for said portfolio and reconcile billing submissions.
- Act as support staff for field office staff, providing assistance with data entry issues and HUD procedural questions.
- Transmit TRACS for properties in their portfolio monthly.
- Track completion of signature requirements concerning Gross Rent HUD-50059's.
- Assist site staff with various aspects of their duties related to tenant scheduled billing and accurate account of resident ledgers.
- Explain tenant balances to managers who are not proficient with reading ledgers.
- Review all HUD-50059 certifications for accuracy of billing in software.
- Reconcile several general accounts regularly.
- Process monthly HAP billings (vouchers) – takes approximately 5-7 days per month.
- Handle the return of utility reimbursement checks from the sites.
- Reconcile voucher submissions monthly.
- Post and distribute HAP payments received via wire transmission.
- Create bank deposits for said HAP payments.
- Respond to any TRACS errors generated.
- Maintain minimum 90% TRACS compliance percentage.
- Respond to Contract Administrator questions/requests concerning voucher/tenant data.
- Open/sort/organize daily mail.
- Minimum of two years experience in a similar position.
- A background in the banking or similar industry is highly desirable.
- Prior Affordable Housing experience as well as knowledge of Affordable Housing Programs is a plus.
- High School Diploma required.
- COS and Tax Credit certifications beneficial not required.
- Ability to work well with others; excellent listening skills.
- Excellent mathematical and organizational skills.
- Ability to maintain good relationships with field staff.
- Good time management skills.
- Basic accounting knowledge.