Controller

Posted 2 Days Ago
Be an Early Applicant
Silver Spring, MD, USA
In-Office
105K-174K Annually
Senior level
Social Impact
The Role
Manage and direct the Accounting Department including general ledger, payroll, A/R, A/P, bond and governmental accounting; oversee audits, financial statements, cash management, Yardi-produced records, staff supervision, and compliance with federal/state accounting standards and funding requirements.
Summary Generated by Built In

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 daycare.

Job Description: 

This is a professional accounting and management level position responsible for directing the activities of the Accounting Department.  An employee in this class will be responsible for managing the day-to-day operations 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 oversee the Agency audit 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:

  • Oversee the Agency Audit.
  • Plan, direct and monitor the Accounting Department.         
  • Plan, organize and direct the maintenance of books and records according to standard accounting procedures for all financial activities. 
  • Plan, organize and direct the preparation of all financial statements required by various funding sources and regulatory agencies as well as the Commission and non-profit corporations under management.
  • Delegates authority for receipt, disbursement, banking, protection and custody of funds, securities, and financial instruments.
  • Designs and implements cash management system.
  • Analyzes financial records to forecast future financial position and budget requirements.
  • Advises management on investments and loans for short- and long-range financial plans. 
  • Develops new accounting sub-systems and reviews and revises existing systems.
  • Review, approve or correct financial records produced from Yardi.
  • Responsible for all coordination of liaisons with all auditors, Federal, State, & Local officials.
  • Responsible for the direct and indirect supervision of the staff in the Accounting Department to include overseeing all personnel actions, recruitment and performance appraisals.
  • Coordination of inter-divisional projects.
  • Perform other related duties as required.

Minimum Qualifications: 

Experience:

  • At least Six (6) years of experience as an Accountant.
  • 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 related field.  

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 33 - Min: $104,637 / Mid: $139,350 / Max: $174,063| Salary determined by departmental budget - Offer commensurate with experience.

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.

Skills Required

  • At least six (6) years of experience as an Accountant.
  • At least two years of supervisory experience.
  • Bachelor's degree in Accounting, Finance, Business or related field from an accredited college or university.
  • Considerable knowledge of Generally Accepted Accounting Principles (GAAP), governmental, nonprofit, grant, cost and bond accounting.
  • Experience with Yardi or ability to review, approve, and correct financial records produced from Yardi.
  • Knowledge of computerized spreadsheets, databases and computerized accounting systems (e.g., Excel and accounting software).
  • Ability to plan, direct and coordinate accounting functions, develop/improve accounting methods and systems.
  • Ability to communicate effectively orally and in writing and to supervise and train staff.
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The Company
HQ: Kensington, Maryland
384 Employees

What We Do

At the Housing Opportunities Commission (HOC) we believe that good homes make good communities. HOC is Montgomery County, Maryland’s housing authority. We provide affordable housing and supportive services for families and individuals with low and moderate income throughout the county.

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