Job title: Finance Director
Company: Bremerton Housing Authority
Job description: ID: 295
Location: Bremerton – 600 Park Ave.
Position Title: Finance Director
Reports To: Executive Director
Job Type: Regular
Job Status: Full Time
Work Schedule: Regular Business Hours
Amount of Travel Required: Minimal (mostly local)
Positions Supervised: Accounting Operations Manager, Other Positions TBD
Starting Pay Range: $116,623-$136,274 annually, DOE
Closes: Open until filled with priority given to applications received by May 25, 2022, at 5:00 PM
Are you looking for a place to work that really cares about our community and is committed to making a difference? Then the Bremerton Housing Authority is the place for you! Come join our team.
At BHA our mission is to provide high quality, stable and sustainable housing and related services to people who have limited financial means. Our work is to help our clients to become economically self-sufficient, while at that same time strengthen communities. We use our public and private resources efficiently and effectively. It is our goal to do this all while helping our employees to grow both personally and professionally.
In addition to our important mission, we also offer competitive wages and a great benefit package to include:
- Accrue 150 hours of PTO in your first year
- Accrue up to 69 hours of Sick Leave per year
- 13 Paid Holidays annually
- Telecommute Opportunities Available
- Medical & Vision Insurance -90% Employer Paid
- Dental Insurance- 100% Employer Paid
- Washington State Retirement
- Life Insurance
- Short -Term & Long-Term Disability Insurance
- Tuition Reimbursement
- Employee Assistance Program
- And more!!
All new BHA employees must be fully vaccinated against COVID-19 for the health and safety of the community we serve and our employees. Upon acceptance of an offer of employment, a prospective hire must submit a certificate of vaccination to the Human Resources Department. Individuals with a qualifying medical or religious reason may submit a request for exemption. Philosophical, political, scientific, or sociological objections to vaccination will not be considered for an accommodation.
The Finance Director will have primary responsibility for planning, implementing, managing and controlling all financial-related activities including accounting, finance, forecasting, strategic planning, cost accounting, asset management, and investor obligations. The Finance Director will provide strategic leadership and establish the agency’s overall financial and contractual environment, including pricing. The Finance Director will ensure all proper controls and systems are in place; enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions; and ensure there is sufficient capital and financial information for the agency to operate soundly and compliantly.
Reasonable Accommodations Statement
To accomplish this job successfully, an individual must be able to perform, with or without reasonable accommodation, each essential function satisfactorily. Reasonable accommodations may be made to help enable qualified individuals with disabilities to perform the essential functions.
Essential Functions Summaries
- Develop and regularly prepare relevant Board and Senior Management Team financial management dashboards and key highlights. Interpret and explain the financial analysis and dashboard for use in timely decision making.
- Oversee all accounting functions in providing and directing procedures and systems necessary to maintain proper records and to ensure adequate accounting controls in compliance with US GAAP and the agency’s Accounting Policies.
- Resolve problems concerning the overall financial integrity of banking accounts including loan investment portfolios, capital, and earnings.
- Confer with officials of real estate or financial institution industries to exchange views and discuss issues or pending cases.
- Review balance sheets, operating income and expense accounts, and loan documentation to confirm agency assets and liabilities.
- Review audit reports of internal and external auditors to monitor adequacy of scope of reports or to discover specific weaknesses in internal routines.
- Ensure compliance with applicable Cost Accounting Standards (CAS) and Federal Acquisition Regulations (FAR) and help establish standard costs and update them as appropriate to classify costs accurately.
- Construct data accumulation systems for a cost accounting system while taking a hands-on lead position of developing, implementing, and maintaining a comprehensive cost accounting system.
- Help maintain and control job costs by collecting and recording direct costs (materials, labor and subcontract services) and allocating indirect costs using a sound application methodology. Create cost reports comparing actual costs to-date vs. estimated costs and distribute forecasted costs monthly.
- Review and analyze new, proposed, or revised laws, regulations, policies, and procedures to interpret their meaning and determine their impact.
- Investigate activities to enforce laws and regulations and to ensure legality of transactions and operations or financial solvency.
- Prepare reports, exhibits and other supporting schedules that detail the agency’s soundness, compliance with laws and regulations, and recommended solutions to questionable financial conditions.
- Establish guidelines for procedures and policies that comply with new and revised regulations and direct their implementation.
- Evaluate data processing applications to develop recommendations for coordinating existing systems with examination procedures.
- Verify and inspect cash reserves, assigned collateral and bank-owned securities to ensure accuracy and compliance.
- Oversee or provide regulatory compliance training to employees and check internal control procedures.
- Review requests for mergers, acquisitions, establishment of new programs or ventures, to determine value, conformance to regulations, and recommend acceptance or rejection.
- Direct and participate in formal and informal meetings with bank directors, trustees, senior management, counsels, outside accountants and consultants to gather information and discuss findings.
- Plan, supervise, and review work of assigned subordinates.
- Identify viable projects and preparation of business cases to support the Senior Management Team and the Board of Commissioners in making decisions.
- Apply for funding and financing, including alternative sources of funds such as community investment funds.
- Developing financial pro forma and writing business plans for multi-unit residential projects.
- Prepare regular reports on progress, budgets, and expenditures related to the management of real estate development activities.
Required Education and Experience
Bachelor’s Degree (four-year college or technical school) Required, Field of Study: Business or Accounting
Master’s Degree Preferred, Field of Study: Business or Accounting
- Experience in Finance for a government entity, corporation, or non-profit social service organization. (Preferred 10+ years)
- Experience in leading accounting/finance teams and strong understanding of government contract accounting. (Preferred 5+ years)
- 2 plus years of experience in Managerial experience with a non-profit social service or a public municipality.
- Experience in Real Estate Acquisition or Development.
- Experience working with Housing and Urban Development (HUD) or low-income housing programs.
- Experience in Federal Acquisition Regulations and Cost Accounting Standards.
Bremerton Housing Authority has the discretion to accept any other equivalent combination of education and experience when relevant.
- Must have intermediate experience working with Excel spreadsheets.
- Must have adequate experience using Word and Outlook.
- Having experience in YARDI accounting systems is a definite plus.
Certifications & Licenses: Highly prefer or designations.
Must possess a valid driver’s license for use in Washington State and with the continued ability to be covered under Bremerton Housing Authority’s auto insurance policies.
- Accuracy – Ability to perform work accurately and thoroughly.
- Analytical Skills – Ability to use thinking and reasoning to solve a problem.
- Autonomy – Ability to work independently with minimal supervision.
- Accountability – Ability to accept responsibility and account for his/her actions.
- Business Acumen – Ability to grasp and understand business concepts and issues.
- Communication, Oral – Ability to communicate effectively with others using the spoken word.
- Communication, Written – Ability to communicate in writing clearly and concisely.
- Consensus Building – Ability to bring about group solidarity to achieve a goal.
- Decision Making – Ability to make critical decisions while following company procedures.
- Delegating Responsibility – Ability to allocate authority and/or task responsibility to appropriate people.
- Financial Aptitude – Ability to understand and explain economic and accounting information, understand budgets and financing strategies, and help make sound financial decisions.
- Ethical – Ability to demonstrate conduct conforming to a set of values and accepted standards.
- Detail Oriented – Ability to pay attention to the minute details of a project or task.
- Deductive Reasoning – Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems.
- Honesty / Integrity – Ability to be truthful and be seen as credible in the workplace.
- Management Skills – Ability to organize and direct oneself and effectively supervise others.
- Organized – Possessing the trait of being organized or following a systematic method of performing a task.
- Problem Solving – Ability to find a solution for or to deal proactively with work-related problems.
- Strategic Planning – Ability to develop a vision for the future and create a culture in which the long-range goals can be achieved.
This is primarily an office position. The employee sits at a desk working on a computer, but has the opportunity to move at will. Hand-eye coordination is necessary to operate various types of office equipment. Several hours a day could be spent in conversations with other staff, leaders, or business affiliates. The employee will occasionally lift and carry up to 20 lbs.
N (Not Applicable) Activity is not applicable to this position.
O (Occasionally) Position requires this activity up to 33% of the time (0 – 2.5+ hrs/day)
F (Frequently) Position requires this activity from 33% – 66% of the time (2.5 – 5.5+ hrs/day)
C (Constantly) Position requires this activity more than 66% of the time (5.5+ hrs/day)
Physical Demands Lift/Carry
Stand O 10 lbs or less O
Walk O 11-20 lbs O
Sit F 21-50 lbs N
Manually Manipulate F 51-100 lbs. N
Reach Outward O
Reach Above Shoulder O Push/Pull
Climb N 12 lbs or less O
Crawl N 13-25 lbs
Squat or Kneel N 26-40 lbs. N
Bend O 41-100 lbs N
Other Physical Requirements
- Vision (Near)
- Sense of Sound – listening to instructions and customer comments
Expected salary: $116623 – 136274 per year
Location: Bremerton, WA
Job date: Tue, 31 May 2022 07:13:04 GMT
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