Assistant Controller

Job Description

Job Description

Assistant Controller: 

The Housing Opportunities Commission of Montgomery County (HOC) was established in 1974 to better respond to the County’s need for affordable housing. HOC is authorized to acquire, own, lease, and operate housing; to provide for the construction or renovation of housing; obtain financial assistance from any public or private source to assist its housing activities; and arrange for social services, resident services, and

Job Description: 

The Assistant Controller is a professional accounting and management level position responsible for assisting the Controller with the management of the Finance Division, including financial statement review, audit oversight and supervision of the day to day activities of the central accounting office to include all general accounting functions (i.e. Property Accounting, Public Fund Accounting, Bond Accounting), accounts receivable, accounts payable, payroll and other assigned administrative tasks.

Work requires that an employee have considerable knowledge in a variety of complex accounting functions including Generally Accepted Accounting Principles (GAAP), governmental, non-profit and bond accounting. An employee in this class will coordinate the Agency audit and preparation of audit with the Controller as well as monitor the general accounting department (i.e. payroll, accounts receivable and payable), Bond Financing, Single Family Fund, Multi-family Funds, HUD, Capital Funds, and Property Accounting functions in order to assure proper procedures and control are being followed. Supervisory controls are moderate in that the employee is highly skilled in public sector accounting and is expected to coordinate assignments and resolve important matters. Guidelines are substantial in the form of Federal and State law, accounting standards, auditing standards and specific programs standards. The complexity of this position mainly deals with the necessity of the employee to create or modify standards due to the growth in volume of accounting and compliance requirements and the need to manage new or expanding programs. The impact of this position is upon the effectiveness of the Accounting Department as well as the accuracy and timeliness of the HOC's accounting reports.

Personal contacts include staff from within and outside of the department, Executive Director, Chief Financial Officer, senior staff, Commissioners, external private/public agencies for the purpose of resolving, explaining, advising on those issues or tasks more complex and difficult. Work is generally performed in an office environment with no apparent hazards to the employee.

EXAMPLES OF DUTIES :

• Coordinate the Agency Audit and preparation of Audit including Indenture Audits.
• Prepare quarterly consolidated financial statements.
• Manage and coordinate the submission of financial reports for County and State ACFR consolidation.
• Supervise General Fund Accounting and Bond Accounting.
• Banking liaison with Agency bank and HOC.
• Oversee cash management and investments – recommend and research investment opportunities.
• Supervise the Multifamily Fund and Single Family Fund during bond issuance.
• Supervise journal entries and review monthly closing process.
• Review staff work for accuracy.
• Oversee and training of internal controls
• Review, approve or correct financial records produced from Yardi. Verify that financial software systems maintain data integrity.
• Assist Controller for the direct and indirect supervision of the staff in the Accounting Department to include overseeing all personnel actions, recruitment and performance appraisals.
• Ad hoc analysis as necessary.
• Review agency-wide accounting policies for necessary updates.
• Coordination of inter-divisional projects.
• Perform other related duties and special projects as assigned.

MINIMUM QUALIFICATIONS:

Experience:  

• At least five years of senior-level experience as an Accountant with at least two years of supervisory experience.

Education:  

• Graduation from an accredited college or university with a Bachelor's Degree in Accounting, Finance, Business or a related field. 
• CPA preferred.

Knowledge, Skills and Abilities:

• Considerable knowledge of accounting principles, practices, governmental accounting, grant, cost accounting, bonds.
• Considerable knowledge of modern office practices and procedures related to accounting.
• Knowledge of, or ability to acquire knowledge of governmental laws, rules and regulations governing accounting activities at HOC.
• Ability to develop and make improvements in accounting methods, procedures forms and records.
• Knowledge of computerized spreadsheets, databases and computerized accounting systems.
• Ability to organize, analyze and interpret financial data to solve accounting problems.
• Ability to communicate effectively, both orally and in writing.
• Ability to supervise and train subordinates.
• Ability to plan, direct, and coordinate the activities of the Accounting Department.

* Grade 30 - Min: $94,415 / Mid: $127,705 / Max: $160,995 | Salary determined by departmental budget - Offer commensurate with experience

Your position is designated by the County Executive as one requiring the incumbent to file a Public Financial Disclosure Statement (FDS) pursuant to Montgomery County Ethics Policy. You must file an FDS within 15 days of your hire date, on an annual basis, and when you leave this position.

HOC is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. HOC promotes a drug-free workplace.

HOC conducts criminal background checks, employment reference checks, and where applicable, reviews driving records in determining suitability for employment. Selected applicants will be required to submit to pre-employment drug and alcohol screening. Employment is contingent upon drug and alcohol test results.