Date Posted March 26, 2024
Industry Accounting
Job Status Full-time
Salary Not Specified
Website https://www.pha.phila.gov/

Description:

Under general supervision, performs a variety of professional accounting duties and financial analysis in the maintenance and management of financial and accounting records and reports, including Philadelphia Asset & Property Management Corporation (PAPMC) programs, enterprise funds, cash management, investment funds, and special accounts.

The Philadelphia Asset & Property Management Corporation (PAPMC) is a private-service affiliate that manages all Limited Partnership Low Income Housing Tax Credit (LIHTC) properties. 

Salary: $62,200-$70,000.


Qualifications

MINIMUM QUALIFICATIONS:

Education, Training and Experience Guidelines:
Bachelor’s Degree in Accounting, Finance, or a related field; AND four or more years accounting experience, including government housing programs; OR an equivalent combination of education, training and experience.

 
Required Knowledge of:
State and Federal statutes, codes, and regulations governing public sector accounting functions.
Generally Accepted Accounting and Auditing Principles for public sector financial administration.
Principles of budgets, contracts, and records management.
Methods, procedures, and standards for Public Housing record keeping and records management, including Pennsylvania Housing Finance Agency.
Preferred Knowledge of:
Federal and State public housing program regulations and reporting requirements, including Code of Federal Regulations (CFR), United States Department of Housing and Urban Development (HUD), and Section 8 of the United States Housing Act.
Required Skill in:

Interpreting and applying state and Federal accounting rules and regulations, and PHA policies.
Analyzing accounting system operations, and internal control methods and procedures.
Reviewing and interpreting financial documents, and verifying compliance with all regulatory requirements governing public sector financial activities.
Reviewing and analyzing accounting records, transactions, and reports.
Assessing and prioritizing multiple tasks, projects and demands.
Interacting with people of different social, economic, and ethnic backgrounds.
Establishing and maintaining effective working relationships with co-workers.
Operating a personal computer utilizing standard and specialized software.
Communicating effectively verbally and in writing.
LICENSE AND CERTIFICATION REQUIREMENTS:

A valid Commonwealth of Pennsylvania Driver's License may be required.
Specialized training in HUD accounting regulations may be required for some incumbents.

PHYSICAL DEMANDS AND WORKING ENVIRONMENT:
Work is performed in a standard office environment.


Responsibilities

ESSENTIAL FUNCTIONS: -- Essential functions, as defined under the Americans with Disabilities Act, may include any of the following representative duties, knowledge, and skills. This is not a comprehensive listing of all functions and duties performed by incumbents of this class; employees may be assigned duties which are not listed below; reasonable accommodations will be made as required.  The job description does not constitute an employment agreement and is subject to change at any time by the employer. Essential duties and responsibilities may include, but are not limited to, the following:

Processes and reconciles complex transactions and performs accounting duties according to PHA policies and Department of Housing and Urban Development (HUD) regulations; records transactions, reconciles differences, reviews and investigates financial and accounting records, and resolves accounting issues within scope of authority; job duties will vary according to work assignment.
Monitors accounts, and analyzes accounting documents for accuracy, completeness, and compliance with Federal, state, and PHA policies; reviews and approves journal entries.
Reviews and approves transactions and accounting records; monitors and reviews documents for accuracy, completeness, and compliance with accounting standards and control practices.
Reviews accounting records and ledgers, and corrects errors as required.
Assures accounting information is complete and accurate; verifies accuracy of supporting documentation; researches and reports discrepancies and anomalies.
Prepares month end package which includes draft financial statements, complete set of general ledgers and supporting workpapers. 
Collects financial and administrative information and compiles data for reports; prepares and distributes operational and special reports; identifies and researches accounting issues.
Researches and resolves payables/receivables and documentation issues; provides customer services, and explains technical and financial information to external agencies and clients.
Assists PHA departments with contract, funding, payment, accounting, and budget issues.
Collects, compiles, and analyzes data and summary reports on Public Housing programs; reviews, approves, and generates financial and operational reports to PHA management, state and Federal funding agencies, private sector partners, and other regional agencies.
Assists with annual and project budgets, and annual financial reports.
Stays abreast of technical issues in public housing policies and accounting procedures.
Maintains absolute confidentiality of work-related issues and PHA information; performs related duties and responsibilities as assigned.

How To Apply

All applications will be accepted through the Philadelphia Housing Authority's jobs board at www.phila.gov/jobs.


Closing Statement

About the Philadelphia Housing Authority (PHA)

Established in 1937, and with an employment workforce of over 1,100, the Philadelphia Housing Authority is a municipal agency providing public housing services to over 76,000 residents in the city of Philadelphia, Pennsylvania.

Financial support for Authority operations and capital needs comes primarily from rent payments and subsidies provided by the U.S. Department of Housing and Urban Development (HUD). PHA is one of a very select group of housing authorities across the nation that has attained Moving to Work (MTW) status. This designation allows housing agencies the opportunity and flexibility, on a local level, to develop and implement innovative housing and self-sufficiency strategies to benefit public housing residents and Housing Choice Voucher Program (HCVP) participants.

PHA is an equal opportunity employer and makes all employment decisions on the basis of individual qualifications without regard to race, creed, color, sex, sexual orientation, gender identify, pregnancy, national origin, ethnicity or ancestry, religion, age, disability, citizenship, marital status, military or veteran status, genetic information, or any other protected characteristic.