New York City Housing Development Corporation

Chief Accountant

Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS in Accounting with a minimum of 7 years relevant experience
  • Proficiency in accounting principles; knowledge of GASB a plus
  • 3+ years of experience managing a large team
  • Strong financial analysis and problem-solving skills
  • Experience in housing, government, or not-for-profit accounting is a plus
  • Proficiency in Microsoft Office and familiarity with Oracle Financials is a plus
  • Strong project management and communication skills

Responsibilities

  • Collaborate with senior management on department and corporate goals
  • Supervise and train accounting staff
  • Provide analytical support for new financial transactions
  • Review and analyze financial records for accuracy
  • Interpret mortgage and bond documents for ledger setup
  • Assist in the preparation of operating budgets and capital plans
  • Coordinate the fiscal year-end audit process with external auditors
  • Represent the accounting department at project meetings

Benefits

  • Health benefits at a reasonable cost
  • No-cost dental and vision benefits
  • Generous retirement savings plan with matching
  • Paid holiday, vacation, sick leave, and parental leave
  • Professional development opportunities
  • Public Service Loan Forgiveness for eligible employees
  • Wellness reimbursement
  • Back-up Caregiver Benefit
Full Job Description
Position Type: Full-Time/Exempt

Office Location: NYC/Financial District

Salary Range: $100,000 - $120,000 annually

Position Summary

The Chief Accountant works closely with the Controller and Director of Accounting in the everyday management of the accounting department, its staff and its interaction with all departments throughout the Corporation. The Chief Accountant needs to demonstrate the ability to think logically and proactively and requires a strong aptitude for quickly grasping complex accounting topics and financial analysis, as well as the ability to quickly understand financial systems, reporting processes, and reconciliation procedures. This role reports to the Vice President & Controller.

Responsibilities:
  • Works closely with the Controller and Director of Accounting to implement and carry out the department's goals as well as those of the Corporation; can think through issues and solve problems; can make decisions and recognize when to escalate to senior managers
  • Supervises senior and staff accountants in the daily activities and transactions of the Corporation, and trains new staff
  • Provides guidance and analytical support to accounting staff on recording new types of financial transactions
  • Reviews and analyzes financial transactions for accurate accounting, including mortgage, bond, and investment transactions.
  • Reads and interprets mortgage and bond documents to set up complex financial transactions in the general ledger and collaborates with other departments to ensure proper understanding
  • Provides guidance and support to staff in the preparation of the Corporation's operating budget and five-year capital plan
  • Assists Senior Managers in the preparation of the Corporation's financial statements
  • Analyzes quarterly and year-end financial statements and prepares a written summary of financial activities for those financial statements
  • Assists in managing the fiscal year-end financial statement audit process; communicates and works with the external auditors and coordinates requests with accounting staff during the audit
  • Serves as a coordinator between the accounting division and other departments on financial, technical, and other corporate matters; represents the department at project management meetings and has the ability to report updates back to senior management as well as recommend solutions and decisions as needed
  • Maintains and updates the department's procedural manual


Required Qualifications:
  • BA/BS in Accounting with a minimum of 7 years of relevant experience in the accounting field
  • Proficiency in accounting principles; knowledge of GASB a plus
  • 3 or more years of experience in managing a large team
  • Strong financial analysis and problem-solving skills
  • Experience in housing, government or not for profit accounting a plus
  • Proficiency in Microsoft (Excel, Word, Access, Power Point) required, Oracle Financials and Business Intelligent Query Tool a plus
  • Strong project management skills
  • Excellent communication (oral and written) and presentation skills


It is strongly preferred that you submit a cover letter with your resume. You may also fax your resume and cover letter to [redacted].

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits, including:
  • Health Benefits at a reasonable cost
  • Dental and Vision Benefits at no cost
  • Retirement savings plan with a generous match and a pension plan
  • Paid holiday, vacation, sick time and parental leave
  • Professional development opportunities
  • Public Service Loan Forgiveness for eligible employees
  • Wellness reimbursement
  • Back-up Caregiver Benefit

About New York City Housing Development Corporation

The New York City Housing Development Corporation (HDC) is a public benefit corporation that was created in 1971 to finance affordable housing in New York City. HDC provides a variety of financing programs to developers of affordable housing, including tax-exempt bonds, low-interest loans, and subsidies. The corporation is governed by a board of directors appointed by the mayor of New York City, and its mission is to create and preserve affordable housing for low- and moderate-income New Yorkers. HDC has financed the construction or preservation of over 200,000 units of affordable housing in New York City.
Learn more about New York City Housing Development Corporation
Size
200 employees
Industry
Founded
1971

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