CFO - Decatur, AL

Decatur Housing Authority
Position: Chief Financial Officer
Reports To: Executive Director
FLSA Classification: Exempt

Purpose: The Chief Financial Officer (CFO) directs and oversees the financial activities of the Decatur Housing Authority, ensuring compliance with HUD regulations, accurate financial reporting, and efficient management of financial resources. This position also providing support to various departments, including Housing Management, Property Management, and Section 8. The CFO plays a key role in budget preparation, audits, and strategic planning while supervising financial personnel and administrative tasks.

Responsibilities:

• Review and post bi-weekly payroll.
• Reconcile bank statements and post month-end journal vouchers.
• Review general ledger and prepare financial statements.
• Maintain the investment and insurance registers.
• Assist HCV Manager with VMS reporting
• Make Capital Fund draws in the HUD system.
• Complete annual subsidy calculations and submissions.
• Submit annual HUD Financial Data Schedule (FDS).
• Ensure timely and accurate HUD reporting, including Capital Fund budgets and five-year plans.
• Prepare for audits and collaborate with independent auditors.
• Close fiscal year accounts and enter year-end financials into HUD systems.
• Develop and implement operating budgets and revisions; Capital Fund Program budgets and revisions throughout the year.
• Attend monthly board meetings to present financial updates and operational strategies.
• Collaborate with internal and external stakeholders to address unforeseen financial issues impacting DHA operations.

Administrative Duties:

• Handle insurance claims and renewals as needed.
• Administer system setups for new employees and deactivation for terminated employees across all systems (HUD, banks, email, etc.).
• Coordinate with external professionals such as architects and IT consultants.

All other duties as assigned.

Knowledge, Skills, and Abilities:

• Advanced knowledge of accounting principles.
• Previous experience developing and managing budgets.
• Knowledge of HUD reporting and regulatory requirements.
• Strong analytical and problem-solving abilities.
• Effective leadership and team management skills.
• Proficiency in Microsoft Office Suite, Adobe Acrobat, housing management software, and IT systems administration.
• Excellent communication skills, both written and verbal.
• Excellent organizational and time management skills. Ability to multitask.

Qualifications:

• Must possess a Bachelor’s Degree in Accounting, Business Administration, or a related field, with at least five (5) years of HUD accounting experience.
• Must be bondable and insurable under the Housing Authority’s insurance policy.
• Ability to travel occasionally for training or other purposes.

Physical Requirements:

The work is sedentary. Typically, the employee may sit comfortably to do the work. However, there may be some walking; standing; bending; carrying of light items such as papers, books, small parts; driving an automobile, etc. No special physical demands are required to perform the work.

Supervisory Responsibilities: This position is a supervisory position and oversees the following position: