Senior Accountant

Under the direction of the Controller, the Senior Accountant is responsible for overseeing accounting functions related to the Housing Choice Voucher (HCV) Program, ensuring compliance with U.S. Department of Housing and Urban Development (HUD) regulations, Generally Accepted Accounting Principles (GAAP), and agency policies. This position plays a key role in financial reporting, general ledger management, audit preparation, and regulatory compliance specific to HCV funding, including Housing Assistance Payments (HAP), administrative fees, and portability activities. The role requires strong analytical skills and the ability to manage multiple deadlines in a highly regulated environment.

Key Responsibilities

HCV Financial Management & Reporting

· Manage accounting activities related to the Housing Choice Voucher (HCV) Program, including Housing Assistance Payments (HAP) and administrative fee revenue

· Prepare and review monthly, quarterly, and annual financial reports in accordance with HUD requirements and GAAP

· Ensure accurate recording and reporting of HCV-related transactions in the general ledger

· Monitor HCV funding utilization, budget authority, and leasing levels

HUD Compliance & Regulatory Reporting

· Ensure compliance with HUD regulations, including requirements related to HCV funding, reporting, and program administration

· Prepare and support required HUD financial reporting, including VMS (Voucher Management System) submissions and Financial Data Schedule (FDS) reporting

· Review HCV-related data for accuracy and compliance, including coordination with operational teams on data integrity

· Maintain up-to-date knowledge of HUD notices, regulations, and guidance impacting HCV financial operations

Analysis, Reconciliation & Controls

· Perform monthly reconciliations of HAP expenses, administrative fees, and related balance sheet accounts

· Analyze financial statements and investigate variances related to HCV program activity

· Reconcile subsidiary systems (e.g., Yardi) to the general ledger to ensure data integrity

· Maintain and monitor internal controls specific to HCV financial processes

Audit & Financial Oversight

· Lead preparation for annual audits, including Single Audit and HUD-specific reviews

· Coordinate with internal and external auditors and provide required documentation and analysis

· Support HUD reviews such as SEMAP and other compliance assessments

· Ensure audit readiness and timely resolution of findings

Portability & Inter-Agency Financial Coordination

· Support accounting and reconciliation of portability billing (incoming and outgoing vouchers)

· Coordinate with other housing authorities to ensure accurate billing, collections, and payments

· Monitor receivables and payables related to portability and ensure timely resolution of discrepancies

Collaboration & Operational Support

· Work closely with HCV program staff to ensure alignment between financial data and program operations

· Respond to internal inquiries regarding HCV financial transactions and reports

· Partner with Finance leadership to support budgeting, forecasting, and strategic planning

Process Improvement & Leadership

· Identify and implement process improvements to enhance efficiency, accuracy, and compliance

· Assist in developing and updating procedures specific to HCV accounting and reporting

· Train and mentor staff on HCV financial processes, systems, and compliance requirements