Director of Finance

ASHEVILLE HOUSING AUTHORITY
165 SOUTH FRENCH BROAD AVE.
ASHEVILLE, NORTH CAROLINA 28801

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The mission of the Asheville Housing Authority is to provide safe, quality, and affordable housing, to expand

available resources, and to collaborate with the community to create opportunities for resident self-reliance and

economic independence.

Our core values are Compassion, Equity, Fairness Integrity, Openness, Patience, and Respect.

JOB POSTING FOR: DIRECTOR OF FINANCE

JOB TYPE: FULL TIME EXEMPT

SALARY: STARTING AT $90,000 (DOE)

GENERAL STATEMENT OF JOB

The Director of Finance monitors, directs, and implements the financial activities of the Asheville Housing Authority. Work

involves ensuring maximum utilization of program funds using effective budgetary controls and financial analysis. Performs a

variety of administrative and supervisory tasks involving maintaining financial records and preparing reports for internal use;

reviewing and approving general ledger entries; managing the investment of agency funds; preparing and analyzing the

Housing Authority’s low-income housing, operating budgets, Housing Choice Voucher Program, and various capital or

modernization grant programs. Reports directly to the CEO and assists on all strategic and tactical matters as they relate to

budget management, cost benefit analysis, forecasting needs, reporting, audit compliance and securing new funding.

Confidentially observes all Housing Authority matters, Employee must also exercise tact and courtesy in contacts with federal

and local officials, auditors and departmental personnel. This is an exempt position under FLSA.

To complete an electronic application, please visit the Employment page on the Asheville Housing Authority website at

https://haca.org/employment-opportunities/. For additional information about employment at the Housing Authority of the

City of Asheville, please contact Ms. Hannah Suggs at hsuggs@haca.org.

You may also apply by emailing a cover letter and resume to hsuggs@haca.org , via USPS mail or by hand delivery to the

Housing Authority of the City of Asheville - Central Office (165 S. French Broad Ave., Asheville, NC 28801). Applications

/resumes will be accepted until this position is filled. The Housing Authority is an equal opportunity employer.

ESSENTIAL FUNCTIONS

• Assists in performing all tasks necessary to achieve the organization's mission.

• Work with CEO and other executive management staff to develop the annual operating budget.

• Work with CEO to ensure programmatic success through cost analysis support, and compliance with all contractual and

programmatic requirements. This includes:

• Interpreting legislative and programmatic rules and regulations to ensure compliance with all federal, state, local, and

contractual guidelines.

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JOB POSTING FOR: DIRECTOR OF FINANCE

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• Ensuring that all government regulations and requirements are disseminated to appropriate personnel.

• Monitoring compliance.

• Responsible for all professional relations with all staff, residents, other organizations and the community at large.

• Supervises all financial activities; maintains an efficient management control and reporting system to reflect total

performance cost; and maintains various financial records and prepares periodic reports for internal use by the board and

to ensure compliance with HUD requirements.

• Analyzes operating budgets to ensure compliance and to maintain effective fiscal control for all Housing Authority

programs; oversees budget amendments as necessary; makes appropriate ledger adjustments and estimates available

funds; and interprets, implements, and monitors accounting systems to ensure compliance with federal regulations.

• Ensures the overall Housing Authority budget and ensures that budget revisions reflect sound fiscal management and that

all costs are allocated according to Federal regulatory requirements [2 CFR 200]. The Finance Director will be

responsible for creating and maintaining compliance with a cost allocation plan every year.

• Ensure adequate internal controls are implemented and required documentation is approved and available for audit

compliance.

• Establish and supervise the maintaining of required computerized accounting systems (A/P, TAR, Payroll, General

Ledger, etc.) for all Housing Authority programs, and affiliated non-profit businesses.

• Acts as point of contact for annual audit process with third-party firm.

• Directs work for third-party Accounting firm as needed for month-end closeout.

• Ensures the cash position, cash needs and anticipated receipts from all sources are always known and that sound fiscal

judgement is exercised in utilizing these funds.

• Oversee year-end process:

• Closes out revenues and expense accounts at year-end & prepares year-end reports.

• Ensures that the annual Financial Data Schedule submission to HUD is completed accurately and submitted timely.

• Reviews reports and makes recommendations as appropriate.

• Supervises staff processing journal entries posted to general ledger entry to ensure completion and accuracy of

information.

• Recommends to the CEO and Board the investment of idle funds ensuring an adequate return on investments while

maintaining funds’ safety and liquidity. Prepares periodic reports on agency investments and securities for presentation to

the CEO and Board.

• Requests all funds and proceeds from all sources after full analysis of the cash needs and requirements for the requisition

period.

• Oversee all required financial reports for all Housing Authority programs and affiliated nonprofit businesses.

• Prepares or reviews monthly financial reports of all Housing Authority and affiliated nonprofit businesses. Makes

recommendations to the CEO regarding any improvements that are necessary to meet the Housing Authority’s goals and

objectives.

• Reviews audit reports/investigations and follows up with the appropriate department head to ensure that corrective action

is taken.

• Supports the CEO and HR Director in evaluating insurance plans and health care coverage opportunities.

• Oversees the inventory of all fixed assets, including assets purchased with government funds (computers, etc.) and ensure

that they are all in accordance with federal regulations.

• Supervises, trains, assigns and assists Accounting Department staff. Ensuring that department personnel comply with the

Asheville Housing Authority policies and procedures, HUD regulations and guidance, Government Accounting

Standards Board, and Generally Accepted Accounting Principles.

• Evaluates departmental personnel job performance and recommends personnel action as appropriate.

• Attends monthly meetings of the Housing Authority Board of Commissioners to report financial status to the Board.

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Note: The above duties are intended to describe the general content of and requirements for the performance of this job. It is

not intended to be construed as an exhaustive statement of essential functions, responsibilities, or requirements.

KNOWLEDGE, SKILLS, AND ABILITIES

• Thorough knowledge of the principles, methods, and practices of accounting and financial management issues of all

housing programs, non-profit corporations and other properties owned or managed by The Asheville Housing Authority,

and commitment to participate in ongoing training opportunities offered by HUD, industry groups, and Asheville

Housing’s fee accountant.

• Thorough knowledge of modern office practices and procedures and of standard office and accounting equipment.

• Thorough knowledge of the principles and practices of public administration.

• Thorough knowledge of the approved principles and standard practices of centralized, budgetary accurate accounting,

and treasury management.

• Thorough knowledge of the approved principles and standard practices of budgeting and accounting standards (GAAP

and GASB).

• Considerable knowledge of the accounting and financial management practices associated with Housing Authority

operations.

• Considerable knowledge of the operation of computer-driven word processing, spreadsheet and file maintenance

programs.

• Ability to maintain standard accounting and control measures for the Housing Authority.

• Ability to assign, direct, supervise and review the activities of subordinate workers.

• Ability to prepare and submit clear, concise and accurate reports and to compile and analyze financial statements and

reports.

• Ability to effectively express ideas orally and in writing.

• Ability to exercise considerable independent judgement and initiative in directing a fiscal control system.

• Ability to establish and maintain effective working relationships with other employees, officials, and the public.

MINIMUM TRAINING AND EXPERIENCE

Education:

Bachelor’s degree in accounting or related field from an accredited college or university or equivalent work experience

required. Certified Public Accountant (CPA) license preferred.

Experience:

5 years of accounting experience and management experience with the day-to-day financial operations of a Housing Authority

of at least 100 employees, or with a CPA firm advising such businesses. Two years of direct HUD and/or Housing Authority

experience required. Experience with Yardi & Rent Café preferred.

MINIMUM QUALIFICATIONS OR STANDARDS REQUIREDTO PERFORM ESSENTIAL JOB FUNCTIONS

• Physical Requirements: Must be able to operate a variety of office machinery and equipment including

pounds frequently, and/or a negligible amount of constantly. Physical demand requirements are more than those

for Sedentary Work. Light Work usually requires walking or standing to a significant degree. However, if the use

of arm and/or leg controls requires movement of objects greater than that for Sedentary Work and the worker sits

most of the time, the job is rated for Light Work.

• Interpersonal Communication: Requires the ability to communicate with people to convey or exchange

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JOB POSTING FOR: DIRECTOR OF FINANCE

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information. Includes giving instructions, assignments or directions to subordinates or assistants.

• Language Ability: Requires the ability to read a variety of reports, correspondence, ledgers, logs, requisitions,

using prescribed formats and conforming to all rules of punctuation, grammar, diction, and style. Requires the

ability to communicate with people with poise, control and confidence.

• Verbal Aptitude: Requires the ability to record and deliver information, to explain procedures, to follow oral and

• Numerical Aptitude: Requires the ability to utilize mathematical formulas; to add and subtract; multiply and

• Form/Spatial Aptitude: Requires the ability to inspect items for proper length, width and shape.

• Color Discrimination: Does not require the ability to differentiate between colors and shades of color.

• Interpersonal Temperament: Requires the ability to deal with people beyond giving and receiving instructions.

• Physical Communication: Must be able to communicate via telephone.

• Special Requirement: Possession of a valid driver’s license.
  

BENEFITS

• Medical Insurance - (100% Company Paid for Employee)

• Dental, Vision, Life

• Short-Term & Long-Term Disability (100% Company Paid)

• 401k with 7% Employer Contribution

• PTO = 4 weeks

• 11 Paid Holidays

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