This is a highly responsible, executive level position that oversees the Fort Worth Housing Solutions’ day to day financial/accounting operations, Information Technology functions and other administrative activities.
Under the general direction of the President, the Vice President of Finance and Administration is responsible for strategic planning, financial analysis, policy development and problem resolution for the Accounting, and Information Technology departments. Maintains the financial well-being of the agency by providing financial projections and accounting services; prepares growth plans; monitors and reports the financial transactions in the Authority’s programs; directs and supervises staff; develops organizational and operational strategies; forecasts economic conditions; identifies business opportunities; reduces costs; and maximizes return on invested funds.
- Oversee cash flow planning and ensure availability for funds as needed.
- Oversee cash and investment management.
- Plans and recommends investments in accordance with investment policy guidelines.
- Oversee financing strategies and activities as well as multiple banking relationships.
- Direct the development and monitoring of operating budgets.
- Develop financial business plans and forecasts.
- Participate in policy development as a member of senior leadership.
- Develop short, medium, and long-term financial plans and projections.
- Represent the Authority to financial partners including financial institutions, auditors, public officials, etc.
- Stay up to date on accounting and audit best practices as well as all state and federal laws affecting the Authority.
- Respond to audit findings and takes corrective actions on issues and discrepancies disclosed by the auditors.
- Oversee the accounting department to ensure proper maintenance of all accounting systems and functions.
- Develop and maintains an effective and compliant cost allocation plans.
- Work with other departments and private entities in real estate and/or development partnerships.
- Ensure that appropriate internal controls are instituted, and financial procedures are followed to safeguard the overall assets of FWHS.
- Ensure the timeliness and accuracy of financial and management reporting as required by federal and state regulations.
- Oversee the preparation of monthly and annual financial statements.
- Oversee multiple audit processes and filing of various entities’ tax returns.
- Ensure the legal and regulatory compliance regarding all financial functions.
- Oversee the Information Technology Department to ensure security, compliance, and efficient operations.
- Make effective decisions by analyzing information and considering priorities.
- Manage complexities and competing priorities and coordinates information and activities among all business areas and instrumentalities.
- Synthesize all forms or research into clear, thoughtful, actionable deliverables.
- Use multiple resources, quantitative and qualitative research methodologies to capture and interpret information
- Perform other related duties as assigned and/or required.
This position requires the incumbent to exhibit the following behavioral competencies:
Building Relationships/Interpersonal Skills
Values organizational diversity; treats others with respect; promotes cooperation; effectively manages relationships.
Creative Problem Solving/Strategic Thinking
Develops and creates ideas, processes and approaches that shape the future; takes risks and makes decisions based on facts; uses analysis and critical thinking skills to solve problems; ensures that decisions are aligned with articulated strategic directions of management.
Demonstrates effective verbal, written, listening, and presentation communication skills
Development of Self and Others
Seeks opportunities to learn and to develop himself/herself and others; applies new skills/knowledge needed to add value to the performance of the organization; sets developmental goals for self and others; seeks performance feedback.
Flexibility/Adaptability to Change
Responds positively to and champions change to others; demonstrates an ability to incorporate innovative practices into the workplace to enhance effectiveness and efficiency.
Influences others to accomplish the mission in ways consistent with the values of the organization; holds self (and others) accountable to meet goals and objectives; accomplishes desired outcomes; sets an example of integrity and ethics through demonstrated performance. Must be a collaborative leader that will bring renewed energy, innovation, and rebranding to the organization.
Quality Service Definition
Strives to meet the expectations of internal and external customers; demonstrates skill and knowledge specific to serving others.
The ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies, stressing accountability and continuous improvement.
The ability to acquire and administer human, financial, material, and information resources in a manner which instills public trust and accomplishes the organization’s mission, and to use new technology to enhance decision making.
Approaches others in a tactful manner; reacts well under pressure; treats others with respect and consideration regardless of their status or position; accepts responsibility for own actions.
Knowledge, Skills & Abilities
- Knowledge of financial management strategies.
- Knowledge of nonprofit accounting, including sophisticated fund and grant accounting, monitoring, compliance and reporting.
- Knowledge of HUD and other federal, state, and local government regulations related to the financial operations of a public housing authority and nonprofit organization.
- Direct experience working in a financial environment applying GAAP, GASB and FASB.
- Knowledge and understanding of the Office of Management and Budget Circular A133 audit.
- Experience in working with various financing tools related to property acquisitions and developments such as Low Income Housing Tax Credits, conventional and affordable housing loans, federal and state grants and other public and private source of funding.
- Knowledge of Operating Systems, Peripherals, Hardware and Software
- Ability to work with information technology staff to manage the agency’s computer system.
- Knowledge of general office procedures and practices, business English and math.
- Ability to communicate clearly and concisely, orally and in writing.
- Ability to establish and maintain effective and courteous relationships with other employees and other business contacts.
- Above average analytical, reasoning, and organizational abilities.
- Ability to coordinate several concurrent activities simultaneously.
- Bachelor’s degree in Accounting and fifteen (15) years of broad finance experience with at least five (5) years in a leadership position preferably with a housing authority or nonprofit with an annual budget of at least $100 million or an equivalent combination of education and experience.
- CPA license preferred.
Other Requirements Employee must possess a valid Texas driver’s license or acquire one within the first 30 days of employment and be eligible for coverage under the Authority’s fleet auto insurance.