Finance Associate
1 week ago
We are currently seeking a Finance Associate to join our team Experience in public housing finance is preferred
This position is responsible for responsible for providing oversight to all activities related to finance, accounting, and procurement.
Responsibilities:
- Assist with cost-estimation, scheduling of construction, repair and modification projects as assigned (project schedules, cost analysis, permits, purchasing/bid time and construction, etc.)
- Coordinates purchasing activities that may include RFP preparation and contract file management.
- Develop and maintain internal audit control systems; administer cash investments and prepare cash reviews in accordance with HUD requirements. Process Deposit Accounting on move-outs.
- Process accounting related functions for tenant unit transfers.
- Analyze bad debts for both Public Housing and Section 8.
- Prepare detailed and summary reports quarterly for the board meetings regarding bad debt write-offs.
- Update and maintain the MASC State Income Tax submissions each year and attend training as required.
- Enter bad debts owed information into the EIV system (HUD) and update as needed
- Run Accounts Receivable reports.
- Reconcile tenant security and pet deposits monthly and make recommendations on the transfer of funds in the bank.
- Verify monthly charges (rent, repayment, work orders) posted by managers Set up in Yardi and post all repayment agreements for Section 8 and provide monthly report of payments posted. Verify charge batch totals posted by managers.
- Responsible for maintaining, updating and correcting set-ups as needed in the Accounts Receivable Module.
- Create and copy Unit Count reports monthly
- Organize and control the retention of accounting and legal records, ensuring that all appropriate information is appropriately stored and accessible.
- Commit all payables to be processed for payment
- Coordinate with the Fee Account
- Performs other related duties as assigned.
Qualifications:
- Experience in accounting, finance, or other related fields
- Experience with Accounts Receivable, Accounts Payable, and Bank Statements
- Advanced Excel skills
- Strong attention to detail
- Strong analysis and critical thinking skills
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