Dir. of Accounting and Financial Operations

Raleigh Housing Authority

$150K — $175K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or Public Administration; Master's or CPA preferred.
  • 5-7 years of progressive experience in governmental, municipal, or non-profit financial management.
  • Strong leadership and team supervision skills.
  • In-depth knowledge of fund accounting and multi-entity consolidation.
  • Experience with HUD financial requirements and public sector compliance standards.
  • Proficiency in financial systems, preferably Yardi, and advanced Excel skills.

Responsibilities

  • Lead financial planning, budgeting, and forecasting activities.
  • Manage timely financial statement preparation for the Housing Authority and related entities.
  • Oversee monthly, quarterly, and annual close processes for all funds.
  • Ensure compliance with HUD Financial Data Schedule (FDS) reporting.
  • Oversee accounting for property operations, including collections and payables.
  • Maintain compliance with financial reporting regulations and external audits.
  • Supervise and mentor the accounting and finance staff.

Benefits

  • Healthcare benefits including medical, dental, and vision.
  • Retirement plan options with agency contributions.
  • Paid time off and holiday leave.
  • Professional development opportunities.
  • Work-life balance initiatives.
Full Job Description
Expected Hiring Range: $150,000 - $175,000

The Director of Accounting and Financial Operations is a senior executive responsible for planning, directing and evaluating the fiscal operations of the Housing Authority. This role ensures financial integrity, regulatory compliance, and accurate reporting across a diversified portfolio that includes HUD-subsidized programs as well as non-subsidized real estate and affiliated entities

GENERAL DESCRIPTION

Financial Reporting & Accounting Day-to-Day Operations
  • Lead the agency's financial planning, budgeting, and forecasting.
  • Manage timely financial statements for the Housing Authority and its related entities, including market-rate and mixed-entity portfolios.
  • Ensure accurate monthly, quarterly, and annual close processes across all funds and entities.
  • Submit required HUD Financial Data Schedule (FDS) reporting for applicable programs.
  • Manage drawdowns and financial transaction processing through HUD systems such as LOCCS for applicable programs.
  • Oversee accounting for property operations including rent collections, payables, maintenance capitalization, and operating expenses.

Compliance & Regulatory Oversight
  • Ensure compliance with U.S. Department of Housing and Urban Development (HUD) financial regulations for Public Housing and Housing Choice Voucher (HCV) programs.
  • Maintain compliance with applicable federal, state, and local financial reporting requirements.
  • Oversee adherence to external audit requirements and coordinate annual financial statement audits.
  • Ensure compliance with loan covenants and reporting requirements for non-HUD financing arrangements.
  • Maintain and strengthen internal controls to safeguard agency and affiliate assets.
  • Oversee accounting systems, processes, and procedures to ensure accuracy, efficiency, and audit readiness.

Team Leadership
  • Supervise, mentor, and evaluate accounting and finance staff.
  • Establish clear workflows, performance standards, and accountability structures within the finance team.
  • Foster a culture of accuracy, compliance, and continuous improvement within accounting operations.

QUALIFICATIONS & REQUIREMENTS

Special Requirements
  • Must possess and maintain a valid NC driver's license.
  • Drug testing, criminal background check and DMV check required.

Desirable Education & Training
  • Bachelor's degree in Accounting, Finance, or Public Administration. Master's degree, CPA, or equivalent certification preferred.
  • 5-7 years of progressive accounting or financial management experience, preferably in government, municipal, or non-profit financial management, with a strong background in staff supervision.
  • Strong knowledge of fund accounting, financial reporting, and multi-entity consolidation.
  • Working knowledge of HUD financial requirements, grant accounting, and public sector compliance standards is preferred.
  • Proficiency with real estate or public sector financial systems (preferably Yardi) and MS Office Suite, particularly Excel.

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