Staff Accountant
Vancouver Housing AuthorityAbout the role
Description
Vancouver Housing Authority (VHA) is seeking an experienced Staff Accountant to oversee financial reporting of our affordable housing multi-family portfolio and provide accurate and reliable financial information and analysis to internal and external users according to industry standards and VHA requirements.
Core Responsibilities of the VHA Third-Party Managed Housing Portfolio Financial Reporting function include:
- Coordinating monthly financial data transfers from management companies’ to VHA accounting system.
- Reviewing monthly management company reports.
- Evaluating monthly property financial reports and providing budget variance analysis.
- Monitoring compliance with established internal control policies and procedures as those relate to financial aspects of property management.
- Planning and conducting internal audits and monitoring compliance with LIHTC/HUD regulations.
- Coordinating annual budget process with management companies and Property Management Department, preparing related reports and distributing those to internal and external users as needed.
- Reconciling multiple balance sheet and income statement accounts at year-end and preparing related schedules.
- Submitting annual WBARS financial reports for applicable properties.
- Coordinating annual CPA audits and tax return preparation for multiple single-asset entities.
- Preparing periodic financial reports and distributing those to funders and other internal and external users as required.
- Analyzing complex legal documents to ensure VHA compliance with various contractual obligations, trust indentures and other regulatory agreements.
- Assisting Property Management Department with HUD rent increase and budget approval process as needed.
- Maintaining and reconciling a variety of accounts, ledgers, reports, and accounting records.
- Interpreting financial transactions and events for users who must make economic or business decisions as requested.
- Recording, classifying, and summarizing complex financial transactions and events in accordance with generally accepted accounting principles and preparing related journal entries.
Pay and Benefits
- The starting salary range for this position is $29.95 - $34.44 per hour based on experience. In compliance with the Equal Pay & Opportunities Act, the full salary range for this position is $29.95 - $46.12 per hour.
- Full-time, non-exempt position, working 40 hours per week Monday - Friday.
- 100% employer-paid medical, dental, vision, life insurance, short-term and long-term disability insurance.
- Benefits package also includes 9.11% paid into WA PERS by employer, 12 company paid holidays, and generous paid vacation time and separate sick time accrual.
Requirements
- Bachelor’s degree in accounting or related subject plus additional two years of education or experience in accounting or related field required. Candidates who are actively pursuing a relevant degree and are within six months of graduation would be considered to have met this requirement.
- Governmental, property management, affordable housing, or non-profit industry accounting experience preferred.
- CPA certification preferred.
Required Knowledge of:
- Operations, services and activities of a general accounting system.
- Principles and practices of governmental accounting.
- Principles and practices of multi-family real estate operations.
- Generally Accepted Accounting Principles.
- Methods and techniques of maintaining internal control systems.
- Principles and practices of asset and inventory management.
- Methods and techniques of preparing financial reports and statements.
- Principles and practices of financial record keeping and reporting.
- Modern office procedures, methods and equipment including computers and supporting word processing and spreadsheet applications.
- Pertinent Federal, State and local codes, laws and regulations.
Required ability to:
- Manage multiple projects concurrently, as well as complex and time-critical processes and relationships with external parties
- Interpret and apply administrative and departmental policies and procedures.
- Prepare and maintain accurate and current financial statements, clear and concise reports and spreadsheets, including computer generated financial reports.
- Analyze reports and financial statements, and make recommendations on cash flow requirements.
- Reconcile general ledger accounts.
A cover letter and resume are required when applying for this position. For more information on the Vancouver Housing Authority please visit our website at
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