BA/BS in Accounting, Finance, Business Administration, or related field with 10+ years of relevant experience
Proficiency in accounting principles; knowledge of GASB is a plus
5+ years of experience managing a large staff
Strong analytical skills to interpret and communicate financial data
Excellent problem-solving abilities
Proficiency in Microsoft Office Suite; Oracle Financials knowledge is a plus
Strong project management and communication skills
Responsibilities
Provide guidance and analytical support to accounting staff on new financial transactions
Review and analyze financial transactions for accuracy, including mortgages and investments
Monitor general ledger activity and account reconciliations for errors and inconsistencies
Interpret mortgage and bond documents for complex financial transactions
Drive process improvements and automate routine accounting tasks
Analyze quarterly and year-end financial statements and prepare summaries
Develop financial modeling tools to forecast impacts of various scenarios
Benefits
Health benefits at a reasonable cost
Dental and vision benefits at no cost
Retirement savings plan with generous match and 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
Full Job Description
Description
Area of Talent: Accounting/Finance
Position Type: Full Time/Exempt
Salary Range: $145,000 to $155,000
Location: NYC/Financial District
Position Summary:
The Director of Accounting and Finance provides proactive leadership in managing financial transactions, systems, accounting standards, and reporting requirements. The Director helps administer treasury activities, including financial planning, and ensures that related transactions, policies, and procedures align with the Corporation's goals, operational needs, and applicable requirements.
This role will report to the Executive Vice President & Chief Financial Officer.
Responsibilities:
Provide guidance and analytical support to accounting staff on recording new types of financial transactions
Review and analyze financial transactions for accurate accounting including mortgage, bond, and investment transactions
Review general ledger activity, account reconciliations, accruals and other accounts for unusual trends, errors and inconsistencies
Read and interpret mortgage and bond documents to set up complex financial transactions in the general ledger as well as to be able to discuss the documents with other departments
Drive meaningful process improvements, automating routine accounting tasks, strengthening financial reporting accuracy and providing strategic decision support to the corporation
Analyze quarterly and year-end financial statements and assist in the preparation of a written summary of financial activities for those financial statements
Develop financial modeling and analytical tools to measure and forecast the impact of various corporation scenarios, risks, and changes.
Assist in managing the fiscal year-end financial statement audit process; communicate and work with the external auditors and coordinate requests with accounting staff during the audit
Ensure compliance with local, state, and federal government requirements
Develop processes, policies, and controls to define operational standards and ensure accurate, timely, and compliant financial operations.
Manage external reporting requirements such as required under the Public Authorities Accountability Act ("PAAA")
Provide guidance to other departments in relation to internal controls, procedures and policies of the Corporation to ensure that financial activities are conducted appropriately
Serve as finance liaison to Interpret financial data to support corporate decision making
Manage other special projects and assume additional responsibilities at the request of the CFO and Controller
Required Qualifications:
BA/BS in Accounting, Finance, Business Administration or related field with a minimum of 10 years of relevant experience in the Accounting/Finance field
Proficiency in accounting principles; knowledge of GASB a plus
Experience in managing a large staff for a minimum of 5 years
Ability to analyze, interpret and communicate financial data
Excellent problem-solving skills and analytical approaches to address challenges
Proficiency in Microsoft (Excel, Word, Access, Power Point, Copilot) required, Oracle Financials and Business Intelligent Query Tool a plus
Strong project management skills
Excellent communication (oral and written) and presentation skills
Preferred Qualifications:
Mortgage and/or banking experience
Advanced degree such as MBA in Finance
Professional certification such as a CPA
Experience operating in a public sector or mission driven environment working with government policies and regulations
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.
