Tax Credit Staff Accountant
One of the primary responsibilities of the Tax Credit Staff Accountant would be to insure that all the books of account, for NWGHA’s Tax Credit properties, are up to date and accurate, as well all transactions have been properly recoded in the General Ledger. In addition, another responsibility would be to prepare all the financial reports required to be submitted to the Investors, and any other entities that requested financial reports for the Tax credit properties. Therefore, the Staff Accountant must have a thorough knowledge of all Authority policies and procedures as they affect the Accounting Department. The Staff Accountant shall be support for the Director of Finance. This includes collecting, analyzing, and processing data, posting transactions, and all reporting responsibilities including reports to the Non-Profit Boards and Executive Director. The Staff Accountant must be adept at general ledger and financial statement analysis. He/she will know whether or not all transitions have been correctly analyzed and posted. Other duties include the following:
Major Duties and Responsibilities
- Be a leader of significant systems, people and resources necessary to accomplish the mission and goals of the Authority.
- Prepare projections of proposed projects, Non-Profit, PHA and HCV grants, and programs to determine their feasibility including funding sources.
- Assist in preparing the preparation of budgets for Non-Profit agencies and for the Executive Director.
- Monitor the progress of programs and funding sources and provide reports of such progress to the non-profit boards and Executive Director.
- Analyze general ledger accounts to insure their accuracy.
- Record the activities of Non-Profit organization. This will include accounts receivable, the recording of receipts, preparation of reports for filing with Federal and State agencies.
- Gain knowledge of the activities, objectives and responsibilities of the other positions within the accounting Department to fill- in as needed.
- Assist in month end closing.
- Conduct (quarterly) quality control as it relates to the grants and the non- profit activities.
- Prepare monthly journal entries.
- Conduct studies and analyses related to accounting systems and procedures; prepare financial statements, reports and recommendations.
- Understand and document the process in place to fulfill the reporting and monitoring functions of the accounting department.
- Reconcile monthly bank accounts.
- Prepare month-end and year-end closing of the accounting records.
- Assist in the year-end audit process.
- Reconcile statements, accounts, ledgers, encumbrances and budgetary accounts.
- Perform related duties as assigned.
- Integrity and Trust – Show consistency between words and actions.
- Protect confidential and sensitive information.
- Effectively handles emotions, including anger and frustration.
- Ethics and Values – Engages in open and honest dialogue with others.
- Treat all individuals (residents, staff and guest) respectfully, professionally and fairly.
- Customer and Team Focus – Establish and maintains effective customer relationships.
- Demonstrates effective customer relationships.
Required Knowledge, Skills and Abilities
- Knowledge of:
- Rental assistance and affordable housing programs.
- Methods and practices related to public accounting.
- Legislations and regulations related to public accounting activities
- Data processing systems and spreadsheet programs including Excel.
- Record keeping and reporting procedures.
- Ability to:
- Read and understand technical documentation such as federal housing regulations, Low Income Housing Tax Credit rules & regulations, and associated policies and procedures.
- Perform and understand basic mathematical calculations such as fractions and percentages.
- Communicate clearly and concisely, both orally and in writing.
- Learn and follow regulations, policies and procedures of the Housing Authority.
- Establish and maintain cooperative relationships with those contacted in the course of work.
Education, Training and/or Experience
- Graduate from an accredited college or university, preferable with specialization in finance, accountings, business or housing; or
- Two years of full time professional accounting or auditing experience; or
- Possession of a valid Georgia Driver’s License.
- $40,000-$55,000 per year.