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Description
Compliance Accountant
Full-Time Position
Reports to the Asset Manager
Salary Range $60,000-$65,000
MHDC is seeking a full-time Compliance Accountant to support the Asset Management division with managing and maintaining financial records and ensuring development compliance with Agency reporting requirements.
Essential Duties
Reviews documentation from affordable housing developments to determine rent increase eligibility and communicates determination. Reviews correspondence and other documentation as a result of appeals.
Ensures that financial statement and budget reporting requirements for developments are met timely and take appropriate follow-up action when required.
Reviews and analyzes financial statements and budgets for required content. Communicates with developments to obtain and clarify information to resolve any content, errors, or discrepancy issues.
Reviews requests for distribution of surplus cash.
Reviews insurance claims and related payment requests.
Reviews requests for escrow releases for completeness, availability of funds, and program compliance requirements within 30 days of receipt.
Compiles financial data and prepares reports as needed for agency reporting requirements.
Communicates findings of non-compliance to supervisor and coordinates with developments until resolved.
Notifies and updates supervisor of any impending or continuing problems with a development.
Must comply with all policies of MHDC.
Must comply with any reasonable request of any member of management.
Conducts self in a professional manner and projects a positive image of MHDC through communcations, attitude, and appearance.
Perform other related duties as assigned.
Education and Experience Preferences
A bachelor's degree from an accredited college or university is preferred.
Three or more years of accounting or auditing experience is preferred.
Experience working in affordable housing a plus.
Skills
Individual must have the ability to read, write, understand and spell the English language.
Must have the ability to receive, recall and follow communications and complex oral and written instructions.
Ability to utilize Microsoft Office proficiently, particulary Excel.
Project management and organization.
Requirements
This position is full-time in office.