DIRECTOR OF FINANCE
DIRECTOR OF FINANCE
POSITION SUMMARY: The Director of Finance is a strategic thought-partner, who reports to the Executive Director. This is a hands-on and participative manager who leads and develops an internal team to support the following areas: finance, business planning, budgeting, IT, and purchasing. ESSENTIAL FUNCTIONS: Supervises and reviews the work of various projects and departments in the performance of their fiscal operations. Directly supervises financial staff. Develops procedures for carrying out or improving operations. Manages the preparations of reports or statements pertaining to the Authority's fiscal operations for the Executive Director, the Board of Commissioners, the general public, and the regional and national officers of the Department of Housing and Urban Development and other funders. Monitors the approved expenditures by periodic comparison of approved amount to actual expenses. Supervise the maintenance of all ledgers and reports actual to-date expenditures to Executive Director, and others as necessary. Entering information into HUD LOCCS system. Directs and supervises the collection and deposit of all Authority rental receipts and the proper disbursement of all funds for purchases, contract, payrolls, and other necessary expenditures; manages, receives and deposits Authority funds other than rental receipts and determines proper coding for distribution purposes. Prepares cash flow and availability information as necessary; evaluates growth strategies of the Authority to determine financial needs and risks; assists in allocating resources to accomplish objectives. Oversees preparation of checks that are written using Authority funds and directs internal cash flow. Exercises continuing controls to ensure compliance with budgetary guidelines, internal auditing requirements and inventory controls, and cost reduction techniques. Supervises all Housing Choice Voucher Program fiscal activities including budgeting, funding requests, and other financial reporting of the respective programs. Maintains Short Term Investment Fund (STIF) and Money Market. investments, and oversees contract insurance and property registers. Prepares requisitions through LOCCS for operating subsidy, Development and Modernization costs. Coordinates and monitor