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HCV FINANCIAL ANALYST
Position Open: May 7, 2026
Position Close: May 20, 2026
Metropolitan Development and Housing Agency (MDHA)
Nashville, TN
MDHA serves Nashville and Davidson County. The mission of MDHA is to create quality affordable housing opportunities, support neighborhoods, strengthen communities, and help build a greater Nashville.
MDHA employs over 300 staff members, has a budget of $215 million, and houses approximately 30,000 people, primarily through nearly 8,000 Section 8 Vouchers and over 6,800 apartments, which are mainly Project-Based Rental Assistance (PBRA) units, at 39 properties. MDHA is a housing authority, a community development agency, and a redevelopment agency.
Position Summary
Under the direction of the Director of Rental Assistance or their designee, the Housing Choice Voucher (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 and related programs. This role supports both the Rental Assistance and Finance Department by assisting with 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.
Duties and Responsibilities
Housing Assistance Payment (HAP) Management
- Execution: Coordinate HAP runs with the Finance Department to ensure on-time payments to landlords and utility reimbursements to participants.
- Accuracy: Review all HAP disbursements, adjustments, and recoupments for accuracy before giving Finance the okay to process.
- Documentation: Maintain comprehensive supporting documentation for every payment and adjustment to ensure a clear audit trail.
Financial Reconciliation & Ledger Integrity
- Account Reconciliation: Perform monthly reconciliations of landlord, portability agency, and participant aging payable accounts; proactively resolve discrepancies.
Strategic Forecasting & Data Analysis
- Two-Year Tool Management: Update and monitor HUD’s Two-Year Tool to track leasing trends and expenditure patterns.
- Payment Standards and Utility Allowances: Monitor and update payment standards and utility allowances as needed.
- Risk Mitigation: Identify potential funding shortfalls or surpluses and recommend corrective actions to the Director.
- Forecasting: Project future HAP and administrative expenses to ensure long-term program sustainability.
- Utilization: Track HAP and administrative fee reserves, including requesting HUD disbursement if necessary.
- Rent Reasonableness: Review rent reasonableness data to ensure compliance and that assisted rents do not exceed open market rents for comparable unassisted units.
Compliance & Reporting
- VMS Reporting: Ensure all financial data is accurately prepared for Voucher Management System (VMS) and other HUD-required reporting.
- Performance Metrics: Prepare monthly financial statements that reflect program performance and funding utilization.
- Audit Readiness: Ensure all financial activities meet federal regulatory requirements to minimize findings during annual audits.
Collaboration & Communication
- Inter-Departmental Liaison: Act as the primary financial contact between the Rental Assistance department and the Finance department.
- Stakeholder Relations: Coordinate with landlords, program staff, and outside agencies to resolve complex payment or billing issues.
- Technical Support: Provide financial insights and data-driven recommendations to support the Agency’s strategic goals.
Knowledge, Skills, and Abilities Required
- Thorough knowledge of HUD HCV financial regulations, including Two-Year Tool management, and VMS reporting.
- Ability to prepare accurate financial statements, perform reconciliations, and interpret complex financial data.
- Strong analytical skills for identifying trends and forecasting funding needs.
- Proficient in Excel, Word, and multifaceted financial reporting software.
Certifications: Must obtain HCV Financial Accounting and Reporting and HCV Financial Management within 6 months of employment.
Education, Experience & Other Requirements
Bachelor's degree with coursework in accounting, management, public or business administration, or related field and increasingly responsible experience in accounting, financial reporting, and budget preparation; broad knowledge of programs and procedures related to assisted housing, and with some supervisory experience.
An equivalent combination of education and experience is acceptable. Must possess a valid Tennessee State issued driver’s license.
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