Financial Specialist IV
Functions as the Financial Accounting and Reporting, Compliance Manager for the Financial Management Division of Housing and Community Development (HCD) and for the Fairfax County Redevelopment and Housing Authority (FCRHA). Serves as a key financial leader in financial accounting and reporting requirements across HCD funds and has the responsibility for planning, training, and management of staff overseeing funds across the department. Provides financial oversight which encompasses review of accounting requirements, federal and state grant requirements, review and compliance with County Department of Finance requirements and county accounting policies and procedures, and review and implementation of GASB requirements across the funds necessary for proper financial reporting. Serves as lead oversight of accounting operations across HCD funds and fund accounting. Coordinates grant compliance across the funds for both federal and state funds received and the Single Audit Report (SEFA) for the department. Coordinates and oversees annual financial statement development, and ensures financial statements are prepared in accordance with Generally Accepted Accounting Principles (GAAP), Government Accounting Standards Board (GASB), Virginia Housing and Development Authority (VHDA) and U.S. Department of Housing and Urban Development (HUD) standards and guidelines. Monitors, reports, and reconciles of all major funds of HCD and reviews and manages the work of assigned accountants. In coordination with Asset Management, provides oversight and reviews the monthly financial statements and asset capitalization of third-party managed properties. Serves as a liaison and interfaces with the program management team of HCD to ensure accuracy of funding requests and transactions. Provides ongoing financial status reports to include monthly financial statements for programs/funds. Formulates accounting policies and procedures, and assures implementation throughout the department by keeping abreast of changes within the county and externally for GASB and GAAP interpreting implications. Coordinates the implements policy and procedures for accounting across all HCD funds by formulating, maintaining and/or updating following the promulgation of laws and regulations by federal, state and the county; administers fund oversight for reconciliation requirements; this includes reconciling bank statements, and cash held by fiscal agency vs. FOCUS. Monitors and assures all legal requirements for the fund are properly administered. Coordinates year-end closing and year end schedules for the Department. Provides management strategic advice and support on financial matters of the department, supports audit activities to include preparation of the financial statements required for consolidation; prepares and presents to the FCRHA board items as needed. Oversees audit PBC needs for funds across HCD. Position oversees fund development of statements of net assets, statement of revenues and expenses and changes in net assets, management discussion and analysis, footnote disclosures, supplemental schedules for the FCRHA consolidated financial statement and individual project financial statements, and Comprehensive Annual Financial Report (CAFR) note disclosures and supplementary information. Monitors dual systems (Yardi, FOCUS) and contractor systems providing uploads/downloads and banking interfaces to the Housing Authority. Assists with the FDS, a financial statement submission to HUD where internal financials must be manipulated and converted to a HUD format for annual filing for preliminary statements and final audited financial statements. Coordinates development of the Single Audit report and compliance with federal program requirements. Must understand HUD policies and keep abreast of requirements and changes.Employment Standards MINIMUM QUALIFICATIONS:Any combination of education, experience and training equivalent to: graduation from an accredited four-year college or university with a bachelor's degree in accounting; or a bachelor's degree in business administration or related field that has been supplemented by at least 6 credit hours of basic accounting principles and concepts; plus five years of professional-level in finance, business administration, budgeting, or contract management, to include 2 years of supervisory experience. A master's degree in a related field or CPA may substitute for 1 year of experience.
NECESSARY SPECIAL REQUIREMENTS:
The appointee to this position will be required to complete a criminal background check, a credit check, and a driving record check to the satisfaction of the employer.
- Master's degree in accounting;
- Bachelor's degree in accounting;
- Experience working on financial statement development for complex fund accounting and preparing required schedules for auditor review.
- Experience working with grants and grants management.
- Preferred candidate will have progressive financial experience with a solid budget and financial management background, a working knowledge of governmental accounting, financial statement preparation and audit procedures.
- Experience with application of accounting standards to include GAAP and GASB pronouncements and guide accounting operations and transactions.
- Ability to perform audits of operations and prepare reports to senior management and the FCRHA Board.
- Broad experience with financial analysis and financial reporting review.
- Understanding of Federal/State/and County policies and procedures for grants and budgetary financial filing requirements.
- Adept at FOCUS, Microsoft Office, and using tools to create financial statements. of multiple funding sources and uses.
- Excellent communication skills both verbal and written and attention to detail.
- Ability to present and prepare formal information to the FCRHA Board.
Job is generally sedentary in nature, however may entail walking, standing, sitting, climbing stairs, reaching and bending or using hands to grasp, handle, or feel. Ability to drive a vehicle is necessary. Visual acuity is required to read data on a computer monitor. Ability to operate keyboard driven equipment and computer, and have the ability to communicate with others verbally and in writing is required. May be required to lift up to 15 pounds (all duties). Duties can be performed with or without reasonable accommodations.
Panel interview; may include exercise.
It is the policy of Fairfax County Government to prohibit discrimination on the basis of race, sex, color, national origin, religion, age, veteran status, political affiliation, genetics, or disability in the recruitment, selection, and hiring of its workforce.
Reasonable accommodations are available to persons with disabilities during application and/or interview processes per the Americans with Disabilities Act. Contact 703-324-4900 for assistance. TTY 711. EEO/AA/TTY.