Financial Analyst

Summary

The Housing Choice Voucher Program (HCVP) Financial Analyst performs complex and technical accounting and financial management work to ensure the accuracy, integrity, and compliance of all financial activities associated with the Housing Choice Voucher Program. This role supports both the HCVP and Finance Department by managing monthly Housing Assistance Payment (HAP) runs, reconciling landlord and participant accounts, and ensuring program funds are properly allocated and reported in accordance with HUD requirements.

The Financial Analyst is also responsible for monitoring and maintaining HUD’s Two-Year Tool to track utilization, forecasting, and funding reserves, as well as analyzing and reporting the department’s financial net position to ensure long-term fiscal sustainability.

This position works under the general supervision of the Director of Housing Choice Voucher Program. All activities must support the mission, strategic goals, and objectives of the Durham Housing Authority (“DHA” or “Agency”) and its affiliates.

Essential Functions

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The following duties illustrate the various types of work that may be performed. The omission of specific statements does not exclude them from the position if the work is similar, related, or a logical assignment to the position.

• Process monthly HAP runs accurately and timely, ensuring proper payment to landlords and utility reimbursements to participants.
• Reconcile landlord and participant accounts monthly, identifying and resolving discrepancies in coordination with HCVP staff and Finance.
• Review and ensure accuracy of HAP disbursements, adjustments, and recoupments, maintaining appropriate supporting documentation.
• Allocate HUD deposits and program funds to the appropriate accounts and programs on a tracking sheet.
• Reconcile the HCVP general ledger and subsidiary ledgers, ensuring compliance with GAAP and HUD requirements.
• Prepare statements that track balances, and reports to reflect program performance and funding utilization.
• Manage and maintain HUD’s Two-Year Tool to monitor leasing and expenditure trends, identify funding risks, forecast HAP and administrative expenses, and recommend corrective actions to maintain financial stability.
• Ability to establish and maintain effective working relationships with associates, landlords, clients, outside agencies, and the general public.
• Proficiency in Microsoft Excel, Word, and accounting software; experience with TenMast, Yardi or comparable housing systems preferred.

Knowledge, Skills, and Abilities

• Thorough knowledge of HUD HCVP financial regulations, including Two-Year Tool management, and VMS reporting.
• Strong understanding of GAAP accounting, public fund management, and governmental budgeting.
• Ability to prepare accurate financial statements, perform reconciliations, and interpret complex financial data.
• Strong analytical skills for identifying trends and forecasting funding needs.

Education and Experience

• Bachelor's degree with coursework in management, public or business administration, or related field and considerable experience in project management with knowledge of housing codes and inspections, and with some supervisory experience.
• An equivalent combination of education and experience is acceptable. Must possess a valid NC State issued driver’s license and be insurable under the Authority’s plan.

Special Requirements

• Housing Quality Standards Inspections certification within six months of employment.
• Residential Code certification within one year of employment.