Director of Finance and Procurement

METROPOLITAN HOUSING ALLIANCE   Little Rock, AR   Full-time     Accounting
Posted on March 12, 2023


The Director of Finance and Procurement of the Little Rock Housing Authority (“LRHA” Or “Agency”) leads the Agency’s Finance and Procurement Department and supports all LRHA operating departments by overseeing and directing the Agency’s overall budgeting, accounting, financial planning, purchasing, inventory control, cash and investment management, debt financing, and internal and external financial controls and audits. All activities must support LHA’s mission, strategic goals, and objectives. This individual must lead a team that is committed to high performance and quality customer service.

Essential Duties and Responsibilities:

The below statements are intended to describe the general nature and scope of work being performed by this position. This is not a complete listing of all responsibilities, duties and/or
skills required. Other duties may be assigned.

• In position’s role, supports all LRHA operating departments.
• Provides leadership & guidance to the Finance Department staff to ensure department and agency objectives are met through coordinated personnel efforts.
• Develops and prepares budgets for all departments of the Agency; directs the timely preparation of the budget, required statements and reports in accordance with federal and/or state guidelines and HUD regulations.
• Audits the Agency’s financial information and prepares monthly, quarterly, and annual budget and financial reports.
• Serves as the financial liaison to internal and external providers and agencies; represents LRHA in a professional and courteous manner at all times.
• Manages LRHA’s investment portfolio and cash through strong understanding and working knowledge of financial management practices, investment strategies/terms, and tax implications.
• Oversees accurate preparation and timely completion of monthly general ledger closing; uses thorough knowledge of accounts payable/accounts receivable, general ledger, general inventory control, payroll, and benefits costs to ensure accuracy of Agency
• Coordinates internal and external audits of Agency’s financial information and documentation; prepares Annual Cost Allocation Plan in accordance with federal guidelines.
• Assists and advises the Executive Director of the Agency’s financial condition, recommends strategies and submits appropriate reports; arranges for the annual independent audit of programs and performs internal audits consistent with Generally Accepted Accounting Practices (GAAP).
• Ensures that the Agency procurement policies and procedures are implemented, and revises policies and procedures as needed to ensure compliance.
• Invests all excess funds in accordance with HUD guidelines; monitors and/or authorizes disbursement of all funds including sale of notes and bonds and related requisition agreements.
• As needed, conducts research, and prepares specifications and bid documents; reports any deviation from budgeted expenditures, including anticipated purchases to the Executive Director in a timely manner; establishes and monitors inventory control procedures and security strategies for purchase, payment and/or distribution of materials, supplies or cash disbursements.
• Manages and supervises personnel which includes the hiring of staff, establishment of performance standards, periodic performance evaluations, the delivery of or the recommendation for disciplinary action up to and including suspensions, conducts staff
meetings, approves annual and sick leave, and monitors absences.
• Develops individual development plans for all Finance staff and ensures training needs are met and monitored.
• Motivates team to work together in the most efficient manner and mitigates team conflict and communication problems.
• Facilitates cross-functional communication and cooperation.
• Performs other related duties as assigned.

Master’s degree in accounting, finance, or business; and at least 8 years’ experience in public institution financial management; or equivalent combination of education and experience. Certified Public Accountant preferred. Experience should include prior large-scale budgeting (Section 8 Voucher, Mod Rehab, construction), fiscal policy and compliance management, general ledger, payroll, audit, HUD reporting, HOPE VI grant, and investment strategy. Must have progressive management and supervisory experience with a proven track record in mentoring and coaching employees.

Equipment required involved set-up, adjustments, and operational procedures (e.g., computers, tablets, cell phones, calculators, scanners, and digital copier/printer, postage machine.)

• Ability to read and interpret documents such as budgets, general ledger accounts, invoices, Authority lease policies, payable and receivable policies, instruction, and procedure manuals.
• Ability to write complex reports and correspondence that are generally error free.
• Ability to communicate effectively with subordinates, direct reports, and superiors as required.
• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to compute rate, ratio, percent, and basic statistical data and to draw and interpret bar graphs. Must have advanced financial analytic ability.
• Must have the ability to solve complex problems, perform “troubleshooting” and account reconciliation functions.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

• Center for Public Investment Management Certification
• Valid Arkansas Driver’s License, and insurable by LRHA carrier
• Must be bondable

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. While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 20 pounds.

• Medical/Dental/Vision Benefits
• Basic Life Insurance & Supplemental Insurance
• On-site Fitness Center & Wellness Program
• Retirement Plan
• Employee Assistance Program
• Tuition Assistance Opportunities