Property Accountant

Job Description

Job DescriptionDescription:

SUMMARY:

Under the supervision of the Property Accountant Manager, the Property Accountant maintains the Authority’s financial records in accordance with HUD accounting and auditing principles. The incumbent performs tasks related to financial accounting, budgeting, and reporting. This position is responsible for performing complex account reconciliations as well as interpreting and applying HUD, program, and GAAP requirements to financial operations. This position aids departmental efforts to manage revenue and disburse funds in accordance with appropriate policies, procedures, and generally accepted accounting principles.

All activities must support Knoxville’s Community Development Corporation’s (“KCDC” or “Authority”) mission, strategic goals, and objectives.

SUPERVISORY RESPONSIBILITIES:

The Accountant may be assigned supervisory responsibilities over an Accounting Technician I or Accounting Technician II.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

The position duties and responsibilities listed below describe the general nature and scope of work. Other responsibilities, duties, and skills may be required and assigned, as needed.

• Maintains sub-ledgers of the general ledger systems, including: inventory, structures, fixed assets accounts, grant accounts, accounts payable, and payroll.
• Prepares monthly, quarterly, and annual reports.
• Makes journal entries recording expenses, revenues, transfers, and corrections; balances and inputs all accounts payable, inventory, and fixed assets.
• Advises accounting staff on technical matters. May review the work of Accounting Technicians and/or provide supervisor with input for staff performance evaluations.
• Reviews accounting records and reports to identify and resolve problems with accounting data, reports, out-of-balance ledgers, etc.
• Coordinates physical inventory of fixed assets; develops and recommends policies and procedures for fixed assets.
• Utilizes current data, historical data, and future projections to assist in developing and reviewing budgets and budget revisions for Authority programs. Compiles data into management reports.
• Assists in planning, developing, and implementing improved systems and methods of accounting and fiscal control; reviews and recommends modifications as required.
• Assists in preparation of financial information in advance of HUD and independent auditor reviews; assists in responding to questions posed by auditors.
• Assists with monthly and yearly reporting, including preparing and assisting with files for the annual audit, census information, year-end payroll and PTO reports, and other reports as required.
• Performs administrative duties such as typing correspondence, letters, budgets, requisitions, faxes, etc. for the Finance and Administration Department.
• Keeps abreast of matters related to new legislation, PIH Notices, concepts, and trends relevant to the field of accounting.
• Performs other duties as assigned.

Requirements:

KNOWLEDGE, SKILLS, AND ABILITIES:

• Knowledge of account balancing and reconciliation practices and procedures.
• Knowledge of general accounting principles and practices and KCDC programs and financial requirements.
• Knowledge of applicable federal, state, and local laws, policies, and procedures that pertain to assigned area.
• Knowledge of internal control procedures.
• Knowledge of office practices, procedures, and equipment.
• Knowledge of computer data entry procedures.
• Skill in utilizing spreadsheet and word processing software.
• Skill in accurately entering data into a computer and operating a 10-key pad.
• Ability to plan and organize work to meet internal and external deadlines.
• Ability to accurately maintain general ledger and subsidiary ledgers in an automated financial management system; ability to provide reports from financial records.
• Ability to maintain organized files.
• Ability to make arithmetic calculations and tabulations rapidly and accurately.
• Ability to establish and maintain effective working relationships with external customers, internal customers, vendors, and the general public.

BEHAVIORAL COMPETENCIES:

This position requires the incumbent to exhibit the following behavioral skills:

Problem Solving and Analysis: Systematically identifies, analyzes and resolves existing and anticipated problems in order to reach optimum solutions in a timely manner.

Program and Project Management: Plans, manages, and evaluates specific activities in order to deliver the desired outputs.

Strategic Capability and Leadership: Provides mission, sets direction, and inspires others to deliver on the organizational mandate. Manages performance by providing regular feedback and reinforcement. Decisions are based on ethical and social responsible principles.

Effective Communication: Employee is prepared, clear, concise, and organized in all facets of communication in order to fully establish understanding. Actively listens and understands the audience to adapt message appropriately. Communicates information with appropriate personnel in a timely manner.

Customer Service: Provides timely, courteous, and quality service to all internal or external customers by anticipating individual needs, following through on commitments and ensuring that our customers have been heard.

Initiative: Proactively seeks solutions to resolve unexpected challenges. Actively assists others without formal/informal direction. Possesses the capacity to learn and actively seeks developmental feedback. Applies feedback for continued growth by mastering concepts needed to perform work.

Job Knowledge: Exhibits requisite knowledge, skills, and abilities to perform the position effectively. Demonstrates knowledge of policies, procedures, goals, objectives, operational entities, requirements, and activities as they apply to the assigned organizational entity of the Authority. Uses appropriate judgment and decision making in accordance with level of responsibility.

Responsiveness and Accountability: Demonstrates a high level of conscientiousness. Holds oneself personally responsible for one's own work and does fair share of work.

Teamwork: Employee balances team and individual responsibilities. Exhibits objectivity and openness to others' views and gives and welcomes feedback. Contributes to building a positive team spirit; puts success of team above own interests; and supports everyone's efforts to succeed.

EDUCATION AND EXPERIENCE:

Bachelor’s Degree in accounting, finance, or a related field and a minimum of two (2) years of experience in governmental accounting and financial reporting. An equivalent combination of education and experience may be considered.

CERTIFICATES, LICENSES, AND REGISTRATIONS:

No special requirements at appointment.

Some positions may require possession of a valid driver’s license and the ability to be insurable under the Authority’s automobile insurance plan at the standard rate.

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

To perform this job successfully, the employee is frequently required to remain in a stationary position. Daily movements include sitting; standing; reaching and grasping; operating computers and other office equipment; moving about the office; and attending onsite and offsite meetings. The employee must be able to exchange information in person, in writing, and via telephone. The employee must occasionally transport up to 25 pounds.

WORK ENVIRONMENT:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Office environment. The noise level in the work environment is moderate.