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Chief Financial Officer

Company: Housing Authority of Salt Lake
Location: Salt Lake City
Posted on: July 5, 2024

Job Description:

Description:The (HASLC), is a federally funded Special Purpose Government Agency, created to provide rent subsidies, and promote affordable housing for low-income persons residing in . is the largest public housing authority in the state of Utah and the largest provider of Affordable Housing in the Salt Lake Valley. We currently assist over 10,000 individuals, who are seniors, persons with disabilities, children, previously homeless, and households with minimal income, a place to call home.The Housing Authority of Salt Lake City (HASLC) is an organization that aims to promote and provide affordable housing opportunities for the community. As part of this mission, HASLC and its non-profit subsidiaries manage a substantial $61 million operating budget portfolio. They administer state, federal, and Section 8 grant programs through contracts with HUD. Additionally, they own and operate 1,776 housing units and are actively involved in real estate development.General Purpose as Chief Financial OfficerAs the Housing Authority of Salt Lake City (HASLC) strives to promote and provide affordable housing opportunities for the community, the Chief Financial Officer (CFO) assumes a crucial role. Under the administrative guidance of the Deputy Executive Director, the CFO oversees all financial operations that are essential to realizing the organization's mission. This includes directing and managing the agency's financial activities, preparing current financial reports and summaries, and creating forecasts to align with the agency's objectives. This position offers significant autonomy to carry out assigned duties and is exempt from overtime compensation calculations.Benefits--- Health, Dental and Vision plan--- Life and Supplemental Life Insurance--- Short-Term and Long-Term Disability--- Vacation, Sick, Personal, and Paid Holidays--- Retirement Plan--- Education Assistance--- Employee Assistance Program--- Relocation Assistance for qualified candidatesRequirements:Requirements of Chief Financial Officer

  • Ensure compliance of all financial operations with US Department of Housing and Urban Development (HUD) regulations and GAAP accounting principles. Complete financial and compliance reports in a timely manner as required by the Executive Director, HUD, and other Federal, State, and local agencies.
  • Shape the organization's strategic direction, provide recommendations for strategies, investment and financial decision, and long-term financial planning, and play a key role in risk management to ensure the organization is well-prepared for challenges.
  • Provide leadership, direction, and development of the finance and accounting team, including planning, assigning, reviewing work performance, completing performance evaluation, coordinating activities, maintaining standards, developing employees, recommending salary, training, and disciplinary actions.
  • Oversee the preparation and communication monthly and annual financial statements. Ensure timely and accurate reporting of critical financial data and updates to executive management team, board of commissioners, and other key stakeholders.
  • Provide oversight of company's financial operations. Ensure financial transactions, policies, and procedures meet business objectives and are conducted in accordance with regulation, accounting principles and standards, meet compliance with various funding requirements.
  • As a member of the executive development team, participate in preparing complex funding applications and financial reports while ensuring cash flow and compliance for development projects.Desired Skills & Experience of Chief Financial Officer
  • Master's degree in accounting, business, public administration, or related field plus a minimum of eight years of experience in financial management or equivalent combination of education and experience.
  • Experience in operating a comprehensive financial management system, including cash forecasting, budgeting, internal auditing, administrative controls, and oversight of specialized computer system.
  • Active knowledge and experience with property management principles and related compliance. Experience with tax credits and/or federal housing programs.
  • Demonstrated verbal and written communication skills and exceptional customer service skills with ability to maintain strong working relations with internal and external customers.
  • Displayed success in leadership, staff development, and team building.
  • Ability to read, interpret, and comply with contracts and other regulatory requirement.
  • Ability to maintain confidentiality. Ability to prioritize and make decision based on internal policies, procedures, and regulations.
  • Strong analytical and computer skills. Advanced knowledge of standard office software and accounting software. Yardi experience is a plus. For more information or questions, contact Human resources at 385-202-3027 or details: 113000-150000 Yearly SalaryPI47efeab107c7-31181-34356700

Keywords: Housing Authority of Salt Lake, Salt Lake City , Chief Financial Officer, Executive , Salt Lake City, Utah

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